Transcript

In 1989, analyst Howard Dresner popularized BI as an umbrella term to describe a set of concepts and methods to improve business decision-making by using fact-based decision support systems.

BI is a way of combining data in new ways to identify trends, reveal previously unseen problems or opportunities, predict outcomes, and provide alerts — enabling leaders to make data-driven decisions in support of organizational strategies.

Concepts and Methods
  • Trend reporting
  • Data mining
  • Predictive analysis
  • Alerts
  • Data-driven decisions

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