Business intelligence (BI) combines business analysis, data mining, data visualization, data infrastructure and tools, and best practices to help organizations make more data-driven decisions. In practice, you know you have modern business intelligence when you have a holistic view of your organization"s data and use it to drive change, eliminate inefficiencies, and quickly adapt to market or supply changes.

It"s important to note that this is a very modern definition of business intelligence, and that BI has also had a reputation as a buzzword. Traditional business intelligence originally emerged in the 1960s as a system for exchanging information between organizations. It was further developed in the 1980s along with computer models for decision making and data-to-information before becoming a specific offering by BI teams with IT-reliant service solutions. Modern BI solutions prioritize flexible self-service analytics, governed data on trusted platforms, empowered business users, and speed to insight