Business Intelligence Tool is not just about having the line of some fine softwares, it has rather acquired quite a broad meaning in today’s context. A survey carried out by an independent IT research firm in 2006 discovered that Business Intelligence now is the top priority followed by the security. In the present context, business intelligence does not mean to have correct information and data. The age now has matured into the interpretation of this data. Until recently, the companies who have all the information and data in place were considered to be the most advanced one. But, now this has become an obsolete. Now, it has become very important that BI suite that can be comprised of various softwares or state-of-the art technology interprets this data and is able to give insights into what is actually happening in the organization. This is intended precisely to arrive at an informed decision rather than a speculative and haphazard decision. Business Intelligence Tool then is required to improve the business performance and yield higher returns on investment.

Having said this, BI suite is a suite that is made of any technology and softwares that is able to empower the employers of the company to keep up the pace with the daily operations and respond accordingly. Sometimes, it is a bit difficult for the middle and small size industries to buy such suites because of their expensiveness. However, there are cost-effective solutions that are suitable for such businesses as well.

Hence, business intelligence means the intelligence that helps track right information at the right moment at the right place and guides take right decisions at the right place and at the right moment! Comprehensive and powerful management understands that business intelligence tool no longer is the need for those who are strategic decision makers. But, rather it stretches up to tactical as well as operational business decisions makers as well. This is for the simple reason that businesses too now are getting flatter rather than hierarchical in comparison to the older days! Therefore, business intelligence tool that covers all the levels of the organization is the one that is a key to vibrant enterprise!