Business Intelligence History And Evolution
The number of bi vendors grew in the 1980s as business people discovered the value of business intelligence.
Business intelligence history and evolution. In recent years the world of business intelligence has been turned upside down. Today he is popularly recognized as the father of business intelligence advancements and evolution into the late 1980 s. An assortment of tools were developed during this time with the goal of accessing and organizing data in simpler ways.
The term business intelligence has become a popular buzzword in the last decade or so. Many historians suggest the modern version of business intelligence evolved from the dss database. 150 years of business intelligence.
Bi systems provide reporting and analytical capabilities to enterprises through integrating data collected from a range of internal and external sources and providing users with data visualisation tools to improve organisational decision making. Data became big we adopted cloud computing and spreadsheets took a backseat to actionable data visualizations and. Ibm s invention of the hard disk in 1956 revolutionized data storage.
With the advent of computers in the business world companies finally had an alternative to storing data on paper. Business intelligence bi systems are a significant element of many organisations it portfolios. Business intelligence history and evolution company intelligence is a strategic planning and management effort that tools methods and instruments for transforming fresh data into enough information to be used in business analysis and decision making processes.
2 abstract business intelligence or bi can be defined as an umbrella term describing a combination of applications infrastructures tools processes best practises and methods to gather prepare provide and analyse data to support decision making activities in organizations. A brief history business intelligence bi has become the indispensable set of tools and strategies used by organisations to carry out insightful and effective. The history of business intelligence and its evolution.
The 1990s business intelligence 1 0. However the concept of bi has been around since before the advent of modern technology though it has been through more than a few different iterations over the years.