Business Intelligence, or BI, are the strategies and technologies used by enterprises for the data analysis of business information. Interestingly enough, the term was coined back in 1865, before computers or any digital assets were known:
“Throughout Holland, Flanders, France, and Germany, he maintained a complete and perfect train of business intelligence. The news of the many battles fought was thus received first by him, and the fall of Namur added to his profits, owing to his early receipt of the news.” - Richard Millar Devens' Cyclopædia of Commercial and Business Anecdotes (1865)
What’s being described is how a banker of that time gained profit by receiving and acting upon information about his environment before his competitors could. The banker here had no IT, and his BI was clearly attached to value creation for his business. We at SOMV, as former corporate guys, like this very much. We know that BI historically was attached to words like “project,” “IT,” “requirements,” “specifications,” “cubes,” and many more. They all meant “Wait a lot of time and spend plenty of dollars” until we met Itamar Ben Hamo.
Itamar and his co-founders, Aviv and Alon, are BI veterans who know the “cubes” inside and out. In 2008, he co-founded a BI services company that became a leading firm in Israel, serving hundreds of customers. They did so well building it that they expanded to the U.S. and grew to 200 employees. But that was not enough for Itamar. He felt comfortable near servers but wished for cloud. He loved the IT projects but dreamed of products. He knew how to sell software, but was keen on SaaS. So he said goodbye to his beloved company and left it to flourish in good hands. Then he opened a brand new company, Rivery.
The Vikings ships, known for their speed and safety, were superior transport for trade and warfare, giving the Vikings an edge over their contemporaries. Similarly, Rivery built a cloud-native, one-stop platform for businesses to manage their data. Born for the Modern DB (database), Rivery manages and consolidates all your business data in the cloud. It is designed to help companies streamline processes and automate all data orchestration efforts.
Whether you’re looking for big data ingestion, integration of multiple data sources, or data pipeline automation, Rivery enables businesses to efficiently aggregate, transform and manage all their data systems in the cloud.