Business Intelligence Overview and Stories – 4 Videos

Here is a collection of free video tutorials on Business Intelligence. The videos provide an overview of Business Intelligence and some success stories.

Business Intelligence (BI) refers to processes, technologies, skills, applications and practices used to support decision making. Here are some common functions of Business Intelligence Technologies:

• reporting
• OLAP
• data mining
• analytics
• business performance management
• benchmarking
• text mining
• business analysis

Business Intelligence is often referred to as a Decision Support System (DSS) because the goal is to provide better hard-factual information that can be used in making decisions. There are three types of information that BI can provide:

1. historical
2. current
3. predictive

Background:

IBM researcher Hans Peter Luhn used the term business intelligence in a 1958 article. Luhn defined intelligence as: "the ability to apprehend the interrelationships of presented facts in such a way as to guide action towards a desired goal."

In 1989 Howard Dresner (later a Gartner Group analyst) suggested that BI should be used as an broad term to describe "concepts and methods to improve business decision making by using fact-based support systems."

Business Intelligence Overview and Stories Videos