Basically “Business Intelligence” is the ability to apprehend the interrelationships of presented facts in such a way as to guide action towards a desired goal.”.

Business Intelligence (BI) also refers to computer-based techniques used in spotting, digging-out, and analyzing business data, such as sales revenue by products or departments or associated costs and incomes. ^[1]

Going through the current trends and predictions the future of  Business Intelligence seems to be very bright.

A 2009 Gartner paper predicted these developments in the business intelligence market .^[7]

• Because of lack of information, processes, and tools, through 2012, more than 35 percent of the top 5,000 global companies will regularly fail to make insightful decisions about significant changes in their business and markets.
• By 2012, business units will control at least 40 percent of the total budget for business intelligence.
• By 2010, 20 per cent of organizations will have an industry-specific analytic application delivered via software as a service as a standard component of their business intelligence portfolio.
• In 2009, collaborative decision making will emerge as a new product category that combines social software with business intelligence platform capabilities.
• By 2012, one-third of analytic applications applied to business processes will be delivered through coarse-grained application mashups.

Keep looking for our Blog to read more about BI and the techniques that businesses today follow.

Its about presentation and laying out data that makes the difference in most cases. Data is information if presented to make sense.. and thats what our services  aim to do.. Its another SMART AIM.. whether we get to it or not though.. only time will say.

The next very important question/comment could be.. are you talking of Data Intelligence/Mining or something.. well not exactly.. but it could well be used for Business Intelligence.. thats what Information stands for most of the times.. provided the figures speak to us and profile the story behind it.

We at SMART AIMS a constantly looking to innovate and work around to survive.. please feel free to suggest anything that we could work on together.. and we assure you we will not let you down on it..

After all.. its never late to be a SMART AIMS – Friend.