- Business intelligence (BI) is the set of techniques and tools for transforming raw data into meaningful and useful information for business analysis, and involves a combination of data warehousing and decision support systems. - The key components of a BI system include user query and reporting, OLAP, data mining, analytics, business performance management, and enterprise management. - BI solutions help organizations store and analyze data, understand strengths and weaknesses, reduce decision-making time, measure key performance indicators, and avoid guesswork to improve performance. - Common BI tools include Oracle BI, SAP BusinessObjects, Microsoft BI, Oracle Hyperion, IBM Cognos, and SAS Enterprise BI server. However, Oracle BI Foundation Suite is