Business Intelligence 2.0 (BI 2.0) is a development of the existing
business intelligence
Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis and management of business information. Common functions of business intelligence technologies include reporting, online analytical ...
model that began in the mid-2000s, where data can be obtained from many sources. The process allows for the querying of real-time corporate data by employees, but approaches the data with a
web browser
A web browser is application software for accessing websites. When a user requests a web page from a particular website, the browser retrieves its files from a web server and then displays the page on the user's screen. Browsers are used o ...
based solution. This is in contrast to previous proprietary querying tools that characterizes previous BI software.
Overview
The growth in
service-oriented architectures (SOA) is one of the main factors for the development of BI 2.0, which is intended to be more flexible and adaptive than normal business intelligence.
Data exchange processes also differ, with
XBRL
XBRL (eXtensible Business Reporting Language) is a freely available and global framework for exchanging business information. XBRL allows the expression of semantic meaning commonly required in business reporting. The language is XML-based an ...
(Extensible Business Reporting Language),
Web Services and various
Semantic Web ontologies enable using data external to an organization, such as
benchmarking type information.
Business Intelligence 2.0 is believed to have been named after
Web 2.0, although it takes elements from both Web 2.0 (a focus on user empowerment and community collaboration, technologies like
RSS and the concept of
mashup
Mashup may refer to:
* Mashup (culture), the rearrangement of spliced parts of musical pieces as part of a subculture
* Mashup (education), combining various forms of data and media by a teacher or student in an instructional setting
* Mashup (m ...
s), and the
Semantic Web, sometimes called “Web 3.0” (
semantic integration
Semantic integration is the process of interrelating information from diverse sources, for example calendars and to do lists, email archives, presence information (physical, psychological, and social), documents of all sorts, contacts (including ...
through shared ontologies to enable easier exchange of data).
According to analytics expert Neil Raden, BI 2.0 also implies a move away from the standard
data warehouse that business intelligence tools have used, which “will give way to context, contingency, and the need to relate information quickly from many sources.”
See also
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Enterprise bookmarking Enterprise bookmarking is a method for Web 2.0 users to tag, organize, store, and search bookmarks of both web pages on the Internet and data resources stored in a distributed database or fileserver. This is done collectively and collaborativel ...
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Linked data
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Object-based
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Ontology alignment
Ontology alignment, or ontology matching, is the process of determining correspondences between concepts in ontologies. A set of correspondences is also called an alignment. The phrase takes on a slightly different meaning, in computer science, ...
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Relationship extraction
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Semantic grid
A semantic grid is an approach to grid computing in which information, computing resources and services are described using the semantic data model. In this model, the data and metadata are expressed through facts (small sentences), becoming direc ...
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Semantic Web Rule Language
The Semantic Web Rule Language (SWRL) is a proposed language for the Semantic Web that can be used to express rules as well as logic, combining OWL DL or OWL Lite with a subset of the Rule Markup Language (itself a subset of Datalog).
The speci ...
(SWRL)
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Semantic wiki
A semantic wiki is a wiki that has an underlying model of the knowledge described in its pages. Regular, or syntactic, wikis have structured text and untyped hyperlinks. Semantic wikis, on the other hand, provide the ability to capture or identif ...
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Social BI
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Spreadmart
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Synonym ring
People
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Don Tapscott
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David Weinberger
David Weinberger (born 1950) is an American author, technologist, and speaker. Trained as a philosopher, Weinberger's work focuses on how technology — particularly the internet and machine learning — is changing our ideas, with books about the ...
References
Further reading
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Interviews
* {{Cite web
, last = Reinhard
, first = Ulrike
, year = 2008
, url = http://blog.whoiswho.de/stories/22598/
, title = Intrinsic Motivation Will Play a Major Role (Ulrike Reinhard spoke with John Seely Brown (JSP)
, publisher = blog.whoiswho.de
, url-status = dead
, archiveurl = https://archive.today/20080217040813/http://blog.whoiswho.de/stories/22598/
, archivedate = 2008-02-17
Business intelligence
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