Business Intelligence

Finally, a seminar done in a way better location than ISR. The speaker even said "..i am impressed.." Last week when we had our seminar in the ISR, it was not cool at all, especially when people from outside the school are to come over and conduct a seminar in that old room. Anyway, the topic was Business Intelligence, at first I had no idea what he was talking about. But as the discussion progressed I slowly grasped the idea of it. It was technically an Artificial Intelligence system for business use. That is one big system, to be able to gather and consolidate TONS of data then to analyze and predict information from it is just sick. I liked the example of Wal Mart using RFIDs on their shopping carts to predict and track the customer patterns in the aisles of their stores, it was just ingenious and cool to think of. Another thing that struck me was that business intelligence systems can structure even the most unstructured data just like the ones found in Facebook, these systems can gather useful information from Facebook statuses and wall posts to their advantage. It is as of now just an emerging technology, in the US only a few companies are using/developing and taking into consideration the use of business intelligence, but one day this will be a necessity in the business world, and the IT pull will be massive.