H.P. Luhn Publishes 'A Business Intelligence System'

IBM researcher Hans Peter Luhn publishes a paper defining 'Business Intelligence' as the ability to grasp interrelationships of facts to guide action. This was the conceptual genesis, though the technological means were decades away.

Significance

Laid the intellectual foundation for what BI would eventually become, envisioning a system that could automatically process information for strategic decision-making long before the necessary computing power existed.