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1、JournalofTheoreticalandAppliedInformationTechnology©2005-2009JATIT.Allrightsreserved.www.jatit.orgBUSINESSINTELLIGENCE:CONCEPTS,COMPONENTS,TECHNIQUESANDBENEFITSJAYANTHIRANJANInstituteofManagementTechnology,Ghaziabad,UttarPradesh,IndiaEmail:jranjan@imt.eduABSTRACTForcompaniesmaintainingdire
2、ctcontactwithlargenumbersofcustomers,however,agrowingnumberchannel-orientedapplications(e.g.e-commercesupport,callcentersupport)createanewdatamanagementchallenge:thatiseffectivewayofintegratingenterpriseapplicationsinrealtime.Tolearnfromthepastandforecastthefuture,manycompaniesareadoptingB
3、usinessIntelligence(BI)toolsandsystems.Companieshaveunderstoodtheimportanceofenforcingachievementsofthegoalsdefinedbytheirbusinessstrategiesthroughbusinessintelligenceconcepts.ItdescribestheinsightsontheroleandrequirementofrealtimeBIbyexaminingthebusinessneeds.Thepaperexplorestheconceptsof
4、BI,itscomponents,emergenceofBI,benefitsofBI,factorsinfluencingBI,technologyrequirements,designingandimplementingbusinessintelligence,andvariousBItechniques.1.INTRODUCTIONAspecializedfieldofbusinessintelligenceknownascompetitiveintelligencefocusessolelyBusinessintelligence(BI)hastwobasicdif
5、ferentontheexternalcompetitiveenvironment.meaningsrelatedtotheuseofthetermInformationisgatheredontheactionsofintelligence.Theprimary,lessfrequently,isthecompetitorsanddecisionsaremadebasedonthishumanintelligencecapacityappliedinbusinessinformation.Littleifanyattentionispaidtoaffairs/activi
6、ties.IntelligenceofBusinessisagatheringinternalinformation.newfieldoftheinvestigationoftheapplicationofhumancognitivefacultiesandartificialInmodernbusinesses,increasingstandards,intelligencetechnologiestothemanagementandautomation,andtechnologieshaveledtovastdecisionsupportindifferentbusin
7、essproblems.amountsofdatabecomingavailable.DatawarehousetechnologieshavesetuprepositoriesThesecondrelatestotheintelligenceastostorethisdata.ImprovedExtract,transform,informationvaluedforitscurrencyandrelevance.load(ETL)andevenrecentlyEnterpriseItisexpertinform