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What is business intelligence?

The tools and practices for collecting, combining and reporting on business data to support decisions.

Updated

Definition

Business intelligence (BI) covers the tools and processes that collect data from across a company, such as sales, finance, operations and marketing, and turn it into reports and dashboards for decisions.

BI vs product analytics

Business intelligenceProduct analytics
DataMany systems, often in a warehouseEvents from the product
QuestionsRevenue, costs, operationsBehaviour: what users do and whether they return
Typical usersFinance, leadership, analystsProduct, engineering, growth
SkillsOften SQL and modellingCharts, funnels, retention without SQL

Using both

BI tells you revenue fell in a region; product analytics tells you which step in onboarding those customers stopped at. Many teams send product events to both: to a product analytics tool for day-to-day questions, and to a warehouse for company-wide reporting.

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