Modern CIOs need to understand that Business Intelligence (BI) leverages software and services to transform data into actionable insights that  inform an company’s strategic and tactical business decisions. These BI  tools access and analyze data sets and present analytical findings in  reports, summaries, dashboards, graphs, charts and maps designed to  provide users with detailed intelligence about the state of the  business. 

In IT the term business intelligence often also refers to a  range of tools that provide quick, easy-to-digest access to insights  about an organization’s current state, based on available data. 

The  challenge that CIOs are facing is how best to make use of these new  tools?