Business intelligence (BI) refers to computer-based techniques used in spotting, digging-out, and analyzing business data, such as sales revenue by products and/or departments or associated costs and incomes.
Business intelligence aims to support better business decision-making. Thus a BI system can be called a decision support system. Though the term business intelligence is often used as a synonym for competitive intelligence, because they both support decision making, BI uses technologies, processes, and applications to analyze mostly internal, structured data and business processes while competitive intelligence is done by gathering, analyzing and disseminating information support from technology and applications, and focuses on all-source information and data to support decision making.
SYSPRO Analytics provides the ability to measure your business in today’s highly competitive environment through an intuitive analytical framework that builds and supports the key performance indicators of your business enabling proactive and strategic decision-making.