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January 18, 2008
Goal of BI
What goald of BI? To create new money for business.
BI powers:
[RAW DATA]->[INFORMATION]->[BETTER DECISION]->[MORE MONEY]
With BI, raw data (that once used to be overhead) becomes an asset that generates profits.
Posted by William Cho at January 18, 2008 11:45 AM
Comments
Great summary. Of course one of the challenges with traditional BI is that a better decision must often be automated to be useful and reporting/OLAP tools don't support automation.
JT
James Taylor
Author, with Neil Raden, of "Smart (enough) Systems"
Blog at http://www.smartenoughsystems.com/wp
Posted by: James Taylor at January 22, 2008 11:10 AM
