UCC & BM OF OSMANIA UNIVERSITY

(MBA)
 What is business intelligence?
 Business intelligence is the processes,
technologies, and tools that help us change
data into information, information into
knowledge and knowledge into plans that
guide organization.
 Technologies for gathering, storing, analyzing
and providing access to data to help
enterprise users make better business
decisions.
History and Evolution
History Of Business Intelligence To Be
Evolved From Then & Now

 Now the Business intelligence is evolving in

every country and from industry throughout
the world but in olden times most of the
business people were find very difficult to
analyze data.
• Let’s rewind and go back to olden times on
how business intelligence has been evolved
from then to now.
 According to the History of Business Intelligence,
the term “Business Intelligence” first appeared in
Richard Millar Devens’ Cyclopaedia of Commercial
and Business Anecdotes in the year of 1865.

 After that Sir Henry Furnese gained profit by

receiving and acting upon information about his
environment, prior to his competitors.
 In a 1958 published article, IBM researcher Hans
Peter Luhn define and used the business
intelligence.

After that, the Business intelligence is understood

and evolved from the decision support systems
(DSS) that began in the 1960s and developed
throughout the mid-1980s even spread out to the
countries like Holland, Flanders, France, and
Germany.
o In 1989, Howard Dresner who is Gartner
analysts advised about business intelligence as
an umbrella term to describe the concepts
and methods to enhance the business
decision making by using fact-based support
systems and in the 1990s the BI usage was
widespread to all over the world.
 Business Intelligence in 20's

• The dawn of 2000 is the biggest turning point

in various industries, the technologies such as
real-time processing that allows many types of
enterprises to make decisions based on the
most recent information available.

• More and more companies were started to

comprehend the true value of the business
intelligence which could help them to succeed
in business.
• The agility and speed of the mid and after-
2000s business intelligence have been
undergone an intense refining process and
developed into a most advanced one.

• This developed intelligence techniques

ultimately meant that employees could access
more than a static report, and as dashboards
grew in popularity, users were able to quickly
access the data to help make better-informed
business decisions easily through business
intelligence tool.
 Comparison of BI

• In early days of data warehouse and BI, doing

the simple analysis where the reporting from
data warehouse was the first infant step of BI.

• But quickly developed many possibilities with

BI.
 Some of the recently discovered
functionalities include

• Graphical visualization of business results.

• Simplify big data and analytics.
• Search driven analytics and natural language
analytics method.
• Real-time visualize and user-friendliness.
• Easy to analyze from millions of data.
• Traditional BI is the use of a data warehouse (DWH),
utilizing a relational database (SQL, Oracle, Sybase,
MySQL) consisting of tables and indices
• The traditional BI is slow, rigid and a time-consuming
which places a great burn on IT.
• Perhaps when no other choice it has made the business
folks invest in these tools, but in today’s world, the
business intelligence has changed the whole world.
• In the past, there was a call for a tool dedicated to
working with structured data culled from a single source
but today’s business world is quite different from olden
periods.
• Nowadays, Tool specification was expanding self-
service options and improves visualization which
possesses the most crucial traits of the next
frontier of BI evolution.
• The BI tools in present were often designed with
a very specific industry in mind, whether for
retail, finance, healthcare or even professional
sports this growth of the industry has been
reshaped with modern business intelligence
tools and also increased adoption of business
intelligence in many other industries too.
 Self-service BI

• The Self-Service Visualization tools have begun to

evolve to include the end-user even more.

• More Business platforms empowered their

business sales and identified the business KPI
easily and one of the most significant features is
that users to complete self-service access,
meaning that they could explore and utilize their
data on their own, without training or
dependence on IT team.
 TODAY’S STATE OF BUSINESS
INTELLIGENCE SYSTEMS
Today’s numerous possibilities of BI systems
were deeply impacted by the development of
personal computers.

Development of IT caused migration of BI to

the Internet and development of web
applications that allow usage of BI, which are
also available on mobile devices.
 According to Watson
(http://www.business2community.com/), BI has
entered its third generation and can be accessed
from multiple devices.
 It is extremely user-friendly and collaborative.
Growth in the development of special software
has significantly contributed to the development
of BI.
BI systems are being developed into software
packages that are compatible with knowledge
bases and methods of artificial intelligence that
are enabling simulation of decision-making in
business.
 THE FUTURE OF BUSINESS
INTELLIGENCE SYSTEMS
• In the future, we believe companies will be
forced to rely on BI systems completely to
keep up with the competition that is
increasing on a daily basis.
• As claimed by Gabelica (http:// imef.me/), we
are aware of changes that are the result of
improved IT and Cloud computing in business
through the Internet, which are improving
possibilities and are generating more and
more data for companies.
 According to (Rafeeq et al., 2015), by having
access to BI solutions that allow true self-service,
in 2015 users will move from consuming data
passively to using them actively to glean important
information.
 Also, Gabelica (http:// imef.me/) claims that big
corporations and small companies will make large
amounts of money purely on selling data in the
future.
 There are already numerous web pages available
where the user can buy data, which can produce
information that will make their business decision-
making easier through analysis.