Which of the following best describes Business Intelligence?

Business Intelligence (BI) refers to the procedure of collecting, analyzing, and presenting data to help organizations make informed decisions. It encompasses a variety of tools and technologies that enable the gathering and analysis of information from multiple sources, transforming raw data into meaningful insights.

The correct choice emphasizes the significance of integrating data from various sources, such as databases, external data repositories, and other relevant information channels, for in-depth analysis. This multifaceted approach allows organizations to identify trends, patterns, and performance metrics, ultimately supporting strategic planning and operational enhancements.

The other options do not fully capture the essence of Business Intelligence. Data processing within a single organization lacks the comprehensive analysis of external factors that BI entails. Creating web applications and designing databases pertain to distinct technical skills and functions, focusing on development and architecture rather than the analytical and strategic aspects of BI.