Gathering all data into one analysis platform
The primary reason why organisations often start to discuss BI is that while there may be vast amounts of organisational data, this is often scattered across systems as well as it is immeasurable in its current form. There is a need for overview and consistency – two traits that is obtained through BI.
Thus, in its basic form, BI is a computer-based technique used in spotting, digging-out and gathering organisational data into one analysis platform, also referred to as a Data Warehouse.
However, in that process the data also needs to be converted into shareable knowledge.