Business intelligence (BI) is a broad category of applications and technologies for gathering, storing, analyzing, and providing access to data to help enterprise users make better business decisions. BI applications include the activities of decision support systems, query and reporting, online analytical processing (OLAP), statistical analysis, forecasting, and data mining.Business intelligence applications can be:Mission-critical and integral to an enterprise's operations or occasional to meet a special requirementEnterprise-wide or local to one division, department, or projectCentrally initiated or driven by user demandBusiness 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 by associated costs and incomes.BI technologies provide historical, current, and predictive views of business operations. Common functions of business intelligence technologies are reporting, online analytical processing, analytics, data mining, business performance management, benchmarking, text mining, and predictive analytics.Business intelligence aims to support better business decision-making. Thus a BI system can be called a decision support system (DSS). Though the term business intelligence is sometimes 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 gathers, analyzes and disseminates information with a topical focus on company competitors. Business intelligence understood broadly can include the subset of competitive intelligence.
HCL Technologies Wins 2008 Optimas Award for InnovationGlobal Risk-Reward Partnership with HCL1. The Partnership Structure will be an HCL investment. HCL will invest in building an R&Dorganization and Product COE (Center of Excellence) for Global Solutions and Systems Integration.2. Revenues incurred by the product will be shared by HCL & the Product Owner according to uniqueterms of agreement.3. HCL has GRRP partnerships with leading companies such as Cisco, Boeing and ComputerAssociates.
MIS-KM of HCL
MIS & KM By Saravanan. P(25) Sriram. V(27) Gowri Shankar(28) 1