Business Intelligence, BI for short, refers to procedures and processes for the electronic analysis of data. In practice, the automation of controlling or reporting is often also understood by the term Business Intelligence.
Special BI software systems or reporting solutions are able to collect, evaluate and present business-relevant data with the aim of making operative or strategic decisions.
The company TARGIT is the world's largest Business Intelligence provider for companies and specializes in Microsoft Dynamics NAV. But Microsoft Power BI is also a real alternative in the Business Intelligence environment.