Business interlligence is like police intelligence whre they collect information from various sources and piece them together to solve mysterious problems. Similarly Business intelligence is gathered from various sources with in the company especially from the past data. Presntly the past data is an asset and the companies create data bases and store them for future use. From the database one can retrive, analyse, generate reports with the support of datafor aiding the top management to make more informed accurate decisions especially in the strategic planning area. The accuarete decisions leads tosustaianble cost reduction, growth in revenue, profits and cash inflows.
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