Often BI applications use data gathered from a data warehouse or a data mart. However, not all data warehouses are used for business intelligence nor do all business intelligence applications require a data warehouse.
[edit] Competitive intelligence
The term business intelligence is often used as a synonym for competitive intelligence.
[edit] The future of business intelligence
A 2009 Gartner Group paper predicted these developments in business intelligence market .[3]
Because of lack of information, processes, and tools, through 2012, more than 35 per cent 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 per cent 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.
Thursday, April 9, 2009
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