BI software


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BI software

(Business Intelligence software) Software that enables users to obtain enterprise-wide information more easily. Such products are considered a step up from the typical decision support tools because they more tightly integrate querying, reporting, OLAP, data mining and data warehousing functions.

Many products claim BI capabilities, but the end goal is to let users slice and dice the information from their organization's numerous databases without having to wait for their IT departments to develop complex queries.

BI Evolution
Business intelligence was the 1990s buzzword for the management information system (MIS) of the 1970s and the decision support system (DSS) and executive information system (EIS) of the 1980s. MIS implementations often failed because the hardware was too slow and the software was not sophisticated. Countless DSS, EIS and OLAP tools followed, which added functionality, but were often point solutions to the problem. BI implies yet more integration and ease of use (of course, no matter what the subject, every new approach in the information field is touted as the one providing more integration and greater ease of use). See Business Objects, business intelligence portal, EIS and decision support system.
References in periodicals archive ?
Art of BI Software provides solutions for Collaborative Business Intelligence in the enterprise.
Recent interviews with 538 North American and European businesses conducted by Forrester, showed one-third predicting they will buy BI software or services during the year.
Most companies focused instead on criteria such as ease-of-use for report recipients (40%), ease-of-use for report designers (34%) and fast query performance (28%) when purchasing BI software.
Get your BI software selection project up and running in the right direction
Once the search criteria is entered, the EasyAsk for Operational BI software offers the data in a variety of formats, including MS Excel spreadsheets, system generated reports, HTML, pie graphs, bar graphs, or line graphs, providing employees with a set of options that they can select depending upon their needs.
SaskTel's marketing department uses Hyperion BI software to determine the exact product configurations that will increase customer loyalty.
Before Pentaho launched its open source BI platform, all BI software providers followed a traditional proprietary model that locked customers into high upfront costs and license fees as well as expensive, inflexible and long upgrade cycles.
Gartner defines total BI software revenue as revenue generated from new licenses, updates, subscriptions and hosting, technical support, and maintenance.
At a time when the business intelligence (BI) market is among the fastest growing worldwide(a), this group will deliver BI software efficiently and cost-effectively to small to medium-sized and midmarket businesses.