Components of a Business Intelligence

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Having a comprehensive view that encompasses all of them is necessary to address this process when making decisions that directly affect your business. The first person to use this term was an IBM researcher named Hans Peter Luhn, who published a paper called “ A Business Intelligence System ” in 1958. At the time, he defined it as “the ability to learn the relationships of presented facts in such a way as to guide action toward a desired goal.” It is also worth mentioning that two years earlier, IBM invented hard disk drives for personal and business PCs .


It was four years later when Canadian Kenneth skype database Iverson made a breakthrough: the first multidimensional programming language , which was the basis for online analytical processing (OLAP). In 1969, the concept of a database was created , and in the 1970s, SAP and other companies developed business applications that made it easier to enter data into databases. During the eighties, databases evolved, allowing data from various sources to be stored in a single database . In 1990, more business intelligence tools were marketed , although these were difficult to use and not very intuitive. Key System Business Intelligence components are very important for reliable advanced analytics and visually appealing solutions.