Glossary: Business Intelligence Systems

Systems for the systematic analysis (collection, evaluation and representation) of data and facts in electronic form. The objective is to use these systems to obtain knowledge that leads to better operative and strategic decisions with regard to the company goals. IT-assisted processes obtain information from (usually unstructured) data that gives decisionmakers a basis for making decisions. Business intelligence systems make it possible, for example, to optimize business processes, lower costs and make a company’s external relationships more profitable according to a defined pattern (code), so it can be intercepted only by a receiver whose frequency response is programmed with the same code, so it follows exactly along with the transmitter frequency.

 

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