What type of information does business intelligence analyze?

Business intelligence primarily focuses on analyzing patterns and trends from various sources to aid organizations in decision-making and strategic planning. This multi-dimensional approach includes data gathered from different databases, business processes, customer interactions, market trends, and competitive environments.

By examining a wide range of data sources, business intelligence allows organizations to identify correlations, forecast future trends, and gain insights that can lead to informed decisions. This holistic view is crucial, as businesses operate in complex environments where no single data type can provide a complete picture.

The other types of information, such as historical data solely, financial data only, or information coming from internal teams only, restrict the analysis to a narrow focus, missing the broader insights that come from a diverse array of data. Thus, the strength of business intelligence lies in its ability to synthesize varied information to reveal comprehensive trends and facilitate better business outcomes.