Inside the Briefcase

Ironclad SaaS Security for Cloud-Forward Enterprises

Ironclad SaaS Security for Cloud-Forward Enterprises

The 2015 Anthem data breach was the result of...

The Key Benefits of Using Social Media for Business

The Key Benefits of Using Social Media for Business

Worldwide, there are more than 2.6 billion social media...

Gartner IT Sourcing, Procurement, Vendor and Asset Management Summit 2018, September 5 – 7, in Orlando, FL

Gartner IT Sourcing, Procurement, Vendor and Asset Management Summit 2018, September 5 – 7, in Orlando, FL

Register with code GARTITB and save $350 off the...

Infographic: The Three Pillars of Digital Identity: Trust, Consent, Knowledge

Infographic: The Three Pillars of Digital Identity: Trust, Consent, Knowledge

8,434 adults were surveyed to gauge consumer awareness of...

FICO Scales with Oracle Cloud

FICO Scales with Oracle Cloud

Doug Clare, Vice President at FICO, describes how Oracle...

Making the Case for Business Analytics and Intelligence

September 17, 2012 No Comments

SOURCE: Slashdot

Many companies have increased their profitability by utilizing business intelligence and business analytics. A variety of industries continue to integrate these systems to improve their everyday processes

In 1951, the concept of business intelligence was first introduced by J. Lyons Co. tea shops in the United Kingdom. At the time, these rudimentary 6,000 tube computers were used to determine how many cakes and sandwiches were to be made based upon information received from previous sales. Recent changes in these systems have brought about a nuance way of approaching the technical side of business. [1]

The trend of business analytics (BA) is simply an umbrella term for a much larger concept. Business analytics refers to enterprise information management, enterprise performance management, data warehousing, analytic applications, business intelligence, risk, compliance, and governance. [1]

Business intelligence (BI) is also an umbrella term, though it’s a much more focused concept. When a business utilizes tools, infrastructure, applications, and best practices that enable them to access and analyze data—which lead to improvements in optimization and performance—they’re using business intelligence. [2]

Read More of this Article on Slashdot

DATA and ANALYTICS , Featured Articles, News

Leave a Reply

(required)

(required)


ADVERTISEMENT

Gartner