Talk:Business intelligence

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History[edit]

"The earliest known use of the term "Business Intelligence" is in Richard Millar Devens’ in the ‘Cyclopædia of Commercial and Business Anecdotes’ from 1865." This is the cause of inaccuracy perpetuated by 'copy and paste' across several websites.

Firstly, the author of "Cyclopædia of Commercial and Business Anecdotes" is Richard Miller Devens not 'Millar'. There is an earlier edition published in 1864 which may not be the first edition of the work. It is often problematic to establish the first year of publication for books of this era. Technically, the earliest use of the term 'business intelligence' is not 1865 but can also be found on p. 210 of the 1864 edition with the given quote re banker, Sir Henry Furnese. [1] [2] [3]

Rewrite: The earliest known use of the term, 'business intelligence', is attributed to the American historian, Richard Miller Devens (1824-1900), in "Cyclopædia of Commercial and Business Anecdotes", first published c. 1864. Devens used the term to describe how the English banker, Sir Henry Furnese (1657 or 1658-1712), gained profit by receiving and acting upon information about his environment, prior to his competitors. "Throughout Holland, Flanders, France, and Germany, he maintained a complete and perfect train of business intelligence. The news of the many battles fought was thus received first by him, and the fall of Namur added to his profits, owing to his early receipt of the news." (Devens, (1864), p. 210).

Consignee (talk) 18:53, 11 July 2017 (UTC)

Source for the quote in introduction?[edit]

Where is the quote "the set of techniques and tools for the transformation of raw data into meaningful and useful information for business analysis purposes" from? The source for the entire first paragraph is (Rud, Olivia (2009). Business Intelligence Success Factors: Tools for Aligning Your Business in the Global Economy. Hoboken, N.J: Wiley & Sons. ISBN 978-0-470-39240-9.), however, the quote is not from this book. It seems that this quote is a self-fulfilling prophecy, as now many websites and articles are quoting it, and having the source simply as Wikipedia. However, one would assume that there is an original source. — Preceding unsigned comment added by Zilppuri (talkcontribs) 12:28, 11 November 2015 (UTC)

Re-defining BI[edit]

I agree that the BI industry is changing and quickly. As many companies are being bought up by stack vendors there are as many new companies coming into play. There are a few still surviving on their own and changing the game. Providing new thinking through future technology and innovation will certainly continue to change the industry. These companies include Micro Strategies and IBM Cognos. There are also smaller companies that are niche solutions but these two are the larger ones that are competing with the stack vendors and still maintaining their independence.