Business Intelligence 2.0 (BI 2.0)
Definition - What does Business Intelligence 2.0 (BI 2.0) mean?
Business intelligence 2.0 (BI 2.0) refers to business tools and technologies that provide new and unique features and capabilities. It differs from traditional data querying methods of business intelligence in that it incorporates service-oriented architecture and Web 2.0, thus bringing a more Web- and browser-based approach to information gathering. Business intelligence focuses more on the context of data streams and on the insight rather than just information.
Techopedia explains Business Intelligence 2.0 (BI 2.0)
Service-oriented architecture (SOA) paved the way for BI 2.0, which facilitates real-time data gathering. BI 2.0 is also more Web-oriented than traditional data querying and analysis tools.
The core features of BI 2.0 include:
- SOA and Web 2.0 architecture
- Real-time reporting
- Event integration
- Greater data insight
- Contextual data
- Actions initiated without intervention