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Top Fundamentals Concepts in Business Intelligence

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Business Intelligence tools are a buzzword in the current digital era and you must have come across them too. A common understanding of Business intelligence tools is its reporting functionalities and dynamic dashboards. However, Business Intelligence is much more than that.  It can transform the way a business functions and makes its most crucial decisions. Hence, it's important to understand the fundamental concepts of Business Intelligence to apply the tools to your best advantage. Top Fundamentals Concepts in Business Intelligence. 1.   Data Data is the initial idea. Although you may have heard a lot about data, are you actually familiar with what it is and its origins? Data is a collection of binary 0s and 1s packed in a file that a computer can read. Text, image, audio, and video files that you watch every day are included in this data.    Additionally, this information is stored on computers, smartphones, the Internet, and social networking sites like Facebook and Twit