Business Intelligence combines business analytics, data mining, data visualization, data infrastructure and tools, and best practices to help organizations make more data-driven decisions. In practice, you know you have modern business intelligence when you have a holistic view of your organization’s data and use that data to drive change, eliminate inefficiencies, and quickly adapt to changes in the market or industry. ‘offer. Modern BI solutions prioritize flexible self-service analytics, governed data on trusted platforms, empowered business users, and speed to access information.
It’s important to note that this is a very modern definition of BI, and BI has had a strangled history as a buzzword. Traditional Business Intelligence, all caps and all, originally emerged in the 1960s as a system for sharing information between organizations. The term Business Intelligence was coined in 1989, with computer models for decision-making. These programs grew, transforming data into information before becoming a specific offer for BI teams with IT-dependent service solutions. This article will serve as an introduction to BI and is just the tip of the iceberg.
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