The Importance of Business Intelligence on Decision Making Process

Business Intelligence is the solution for rapid increase in the graph of data volumes. It has also raised the demand of tools which can support the organizations with all the functions included in analyses of existing high volume of data. In order to improve the corporate decision making capacity, enterprises learn to make use of systems like Business Intelligence Systems. Integration of BI system to give appropriate evaluation is matter of high concern in Decision making and Business management process. This paper deals with study of relationship among different aspects of BI like Business Intelligence functions, decision making benefits and other organizational benefits. It discussed unified approach to Business Intelligence (BI) and Knowledge Management (KM) in order to enhance corporate decision making efficiency and capacity. This article is trying to provide a thorough analysis of the differences between Business Intelligence and Knowledge Management. Business Intelligence emerging a novel trend like fast analytics and data science.