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What is business intelligence? Transforming data into business insights

CIO

Business intelligence definition Business intelligence (BI) is a set of strategies and technologies enterprises use to analyze business information and transform it into actionable insights that inform strategic and tactical business decisions.

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Business intelligence and analytics firm Pyramid Analytics raises $100M

TechCrunch

Business intelligence is an increasingly well-funded category in the software-as-a-service market. By handling large amounts of data to analyze and benchmark lines of business, BI promises to help identify, develop, and otherwise create new revenue opportunities.

Analytics 215
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What is a business intelligence analyst? A key role for data-driven decisions

CIO

Business intelligence (BI) analysts transform data into insights that drive business value. What does a business intelligence analyst do? The role is becoming increasingly important as organizations move to capitalize on the volumes of data they collect through business intelligence strategies.

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OTA Insight books $80M for its hospitality business intelligence tools, used by 55K hotel properties globally

TechCrunch

Now, OTA Insight — a company that builds business intelligence tools for one of the key sectors in that space, hotels — is announcing a round of funding as it too picks up more business on the upswing. We think the business is very well positioned and just getting started.”

Hotels 224
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Sightfull, a startup that tracks key business activities, raises $18M

TechCrunch

In late 2020, developers Noam Liran and Alex Litvak were inspired to create a platform that applied automation concepts from security to the business analytics space. Sightfull falls into the category of software startups known as revenue operations and intelligence (RO&I), which has been red-hot lately.

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What is data analytics? Analyzing and managing data for decisions

CIO

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI). Data analytics vs. business analytics.

Analytics 203
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Firebolt raises $37M to take on Snowflake, Amazon and Google with a new approach to data warehousing

TechCrunch

Farkash was one of the founders of Sisense, the successful business intelligence startup, and he has co-founded Firebolt with two others who were on Sisense’s founding team, Saar Bitner as COO and Ariel Yaroshevich as CTO. Sisense nabs $100M at a $1B+ valuation for accessible big data business analytics.

Data 253