The business leaders of today, in every industry, have discovered how to use their data to its fullest potential. So, what are business intelligence tools and what business intelligence systems are available now anyway?  Understanding different types of business intelligence tools is now more attainable than ever.

Business Process intelligence is data that has been systematically collected to analyze the individual steps within a business process or operational workflow.
The intelligence can be divided into two categories as below:

1. Business Analysis Management:
Business Processes can be analyzed and reviewed to improve business management. This process of analyzing the business is called Business Analysis.

2. Process Analytics:
Process Analytics is a specialized branch of business intelligence. The ability to collect, analyze, visualize and share large amounts of high-fidelity, time-series data to improve business operation by understanding core operational knowledge is called Process Analytics.

The most important types of business intelligence tool features and functionality are:

• Dashboards
• Visualizations
• Reporting
• Predictive Analytics
• Data Mining
• ETL
• OLAP
• Drill-Down

Frequently Ask Questions (FAQ)

1. What is the Business Analysis Management (BAM)?
Ans: Business Analysis Management (BAM) is the process for enabling change in an enterprise by defining needs and recommending solutions that deliver value to stakeholders.

2. In which enterprise BAM can be perform?
Ans: Any Business can perform which needs initiative on strategic, tactical or operational.

3. In which areas of enterprise BAM can be implemented?
Ans: BAM can be implemented in several of these perspectives such as Business Intelligence, Information Technology, Business Architecture & Business Process.

4. What are the benefits of BAM?
Ans: BAM will improve your customer focus, business transparency, & reduce risks. It will make your business compliant with international standards such as ISO 9001.