Business Intelligence (BI)

Business Intelligence (BI) means a lot of different things to different people so we here at decided we’d set a definition we all agreed upon… Shouldn’t be too hard since there are currently only two of us, right?
Business Intelligence
Maybe not.  We tried to use existing definitions from all over the web.  Nothing felt right.

Could “Business Intelligence” just be an oxymoron?  Insert your own joke about intelligence in business here… chuckle and move on… :)

We tried to break each word down to their base definitions and merge them back:

  • Business:  “An organization or economic system where goods and services are exchanged for one another or for money. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit.”
  • Intelligence: “Capacity for learning, reasoning, understanding, and similar forms of mental activity; aptitude in grasping truths, relationships, facts, meanings, etc.”

Business Intelligence definition merge:

Business Intelligence is learning about and understanding how your company or competitors create and sell goods or services at a profit and then deriving meaning, relationships, and facts to increase those profits.

I like it.  For now.  Obviously this doesn’t get into the BI software, consulting or product arena, but business people have been performing BI tasks since businesses started to appear in the world…

Wooly Mammoth

We didn’t want to convolute the discussion with vendor slants or preconceived solutions in mind.  You think that “” didn’t evaluate their business model [Read more…]

Business Intelligence Definition

Business Intelligence definition are found all over the web and we needed some common ground. We had to get started somewhere and we thought, why not see how the industry defines Business Intelligence and Big Data. What we found was that it is not very consistent so we consolidated some of the definitions and we will be working on our own soon.  Let us know what you think and if you have a better one please comment and we’ll check it out. Editor’s note: We think we have a better, long term BI definition now – check it out

Business Intelligence definition

Business Intelligence is a term that is used to describe technologies and methodologies that are used to transform and analyze an organization’s raw data.
Business Intelligence
The recent growth of “big data” has exposed a great need for capturing and analyzing these massive data sets. The data must be presented in [Read more…]