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Business Intelligence (BI)
This is a buzz word nowadays. Usually, only big companies use this term very often. However, from the strict definition from Wikipedia, we can understand the following:
BI refers to computer-based techniques used in spotting, digging-out, and analyzing business data, such as sales revenue by products and/or departments or associated costs and incomes. BI technologies provide historical, current, and predictive views of business operations. BI often aims to support better business decision-making.
That means BI can be used in any type of solution as long as the technology allows the supporting business decision making process. In this book, you will learn why BI could be a perfect fit for SAP Business One. Hence, it will benefit small-to-midsized businesses. SQL Query is one of the most powerful tools in SAP Business One that is related to BI.
Tip
SAP Business One is usually abbreviated as B1 by many users. It could be easily confused with BI. In this book, B1 is not used. Full names of SAP Business One can be found throughout.