The Business Intelligence Evolution

March 6, 2008 BI Theory No Comments

Ten years ago ‘The Intelligent Enterprise’ was deemed one that provided for collaboration of knowledge. But sharing knowledge is but one very small step towards true BI. From there the Intelligent Enterprise has evolved through:

  1. Retention of knowledge – wikis and collaborative portals
  2. Extracting insight from historical knowledge – to gain a sense of why an action did or did not create the desired result
  3. Using extracted insight to predict future events and outcomes – a more advanced form of analytics
  4. Integrating process – providing clear action based on insight
  5. Pervasive BI – fully integrating BI into every part of the organisations processes, where logic based decisions are made.
  6. Technical integration of analytic capability – moving from a data warehouse + data mart + BI tool……to Active Data Warehouses where the analytics are contained within the same environment as the data, wrapped in a logical layer through which the user interfaces with the data

This evolution has taken place in a relatively short time span, inside a business environment where the sheer volume of data expands exponentially each year, and the complexity of data is starting to divide industry players into two streams – those that utilise the power of BI and those that don’t.

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