Business intelligence solutions are a combination of business analytics, data visualization, data mining, data analysis applications and other related practices that together are used to help organizations make more data-informed decisions. Modern business intelligence techniques aim to provide a comprehensive view of an organization’s data and provide tools to use that data to make decisions, change practices, eliminate inefficiencies and quickly adapt to changing market or supply conditions.

It is an umbrella term that covers all the processes and methods involved in collecting, storing, and analyzing data from a businesses operations and activities to optimize its overall performance. The goal is to create a comprehensive view of a business to help people make better, actionable decisions. In recent years business intelligence applications have evolved to include more processes and functions that help drive improvements in a businesses performance by enabling data informed decision making.