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insight Encyclopedia

Extended BI

Extended BI is the complex commercial network of customers, suppliers, and distribution partners who interact with BI solutions.

The days of the “self-contained” business are over. Since the value of a BI solution is tied to its ability to access relevant data wherever it resides, companies today are increasingly expanding their BI capabilities across the “extended enterprise” to collaborate with external stakeholders through innovative web portals and custom applications.

Internal data now represents only a small subset of information required to make strategic and operational decisions. Extended BI is empowering companies in any industry to collaborate with customers, suppliers, and distribution partners to grow revenue, enhance services, and achieve a competitive advantage.