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| Topic: |
Technology
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| Number of pages / Number of words: |
5 / 1289 |
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Analysis of information informed for long-term decision making, but was slow and often required the use of instinct or expertise to make short-term decisions.
Essentially, business is a collection of activities carried on for whatever purpose, be it science, technology, commerce, industry, law, government, defense, etc...
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The communication facility serving the conduct of a business (in the broad sense) may be referred to as an intelligence system. The notion of intelligence is also defined, as "the ability to apprehend the interrelationships of presented facts in such a way as to guide action towards a desired goal."
In 1989 Howard Dresner, later a Gartner Group analyst, popularized BI as an umbrella term to describe "concepts and methods to improve business decision making by using fact-based support systems...
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