Working Paper Article Version 1 This version is not peer-reviewed

Business Intelligence and Its Big Evolution

Version 1 : Received: 23 March 2021 / Approved: 24 March 2021 / Online: 24 March 2021 (13:06:53 CET)

How to cite: Velosa, A.; Pabon, G. Business Intelligence and Its Big Evolution. Preprints 2021, 2021030584 Velosa, A.; Pabon, G. Business Intelligence and Its Big Evolution. Preprints 2021, 2021030584

Abstract

Information has been and will be a vital element for a person or department groups in an organization. That is why there are technologies that help us to give them the proper management of data; Business Intelligence is responsible for bringing technological solutions that correctly and effectively manage the entire volume of necessary and important information for companies. Among the solutions offered by Business Intelligence are Data Warehouses, Data Mining, among other business technologies that working together achieve the objectives proposed by an organization. It is important to highlight that these business technologies have been present since the 50's and have been evolving through time, improving processes, infrastructure, methodologies and implementing new technologies, which have helped to correct past mistakes based on information management for companies. There are questions about Business Intelligence. Could it be that in the not-too-distant future it will be used as an essential standard or norm in any organization for data management, since it provides many benefits and avoids failures at the time of classifying information. On the other hand, Cloud storage has been the best alternative to safeguard information and not depend on physical storage media, which are not 100% secure and are exposed to partial or total loss of information, by presenting hardware failures or security failures due to mishandling that can be given to such information.

Keywords

Business Intelligence; Data warehouse; Data Marts; Architecture; Data; Information; cloud; Data Mining; evolution; technologic companies; tools; software

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