The Goal of Business Intelligence

Last updated Oct 25, 2024

But first, let’s talk a second about “what should BI do for us?”

In my terms, BI should produce a simple overview of your business, boost efficiency, and automate repetitive tasks across your organization. In more detail:

• Roll-up capability—visualization of (data) over the most important KPIs (aggregations)—is like a cockpit in an airplane, giving you the most important information at one glance.
• Drill-down possibilities—From the above high-level overview, drill down into the very details to figure out why something is not performing as planned. Slice and dice or pivot your data from different angles.
• Single source of truth - instead of multiple spreadsheets or other tools with different numbers, the process is automated and done for all unified. Employees can talk about business problems instead of the various numbers everyone has. Reporting, budgeting, and forecasting are automatically updated consistent, accurate, and in a timely manner.
• Empower users: With the so-called Self-Service BI, every user can analyze their data instead of only BI or IT persons.

Read more on Business Intelligence Meets Data Engineering.

Origin: Business Intelligence Meets Data Engineering
References: Problems of Business Intelligence