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All issuesVolume 301, Issue 1IT NewsBI

A Brief History Of Business Intelligence

Dataversity, April, 6th 2023

In 1865, Richard Millar Devens presented the phrase 'Business Intelligence' (BI) in the 'Cyclopaedia of Commercial and Business Anecdotes.'

He used it to describe how Sir Henry Furnese, a banker, profited from information by gathering and acting on it before his competition. More recently, in 1958, an article was written by an IBM computer scientist named Hans Peter Luhn, describing the potential of gathering business intelligence (BI) through the use of technology.

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