History
Early predecessors of the modern business dashboard were first developed in the 1980s in the form of Executive Information Systems (EISs). Due to problems primarily with data refreshing and handling, it was soon realized that the approach wasn’t practical as information was often incomplete, unreliable, and spread across too many disparate sources. Thus, EISs hibernated until the 1990s when the information age quickened pace and data warehousing, and online analytical processing (OLAP) allowed dashboards to function adequately. Despite the availability of enabling technologies, the rapid rise in dashboard use didn't become popular until later in that decade, primarily due to the rise of key performance indicators (KPIs), introduced by Robert S. Kaplan and David P. Norton as the Balanced Scorecard. Today, the use of dashboards forms an important part of Business Performance Management (BPM).
Read more about this topic: Dashboard (business)
Famous quotes containing the word history:
“Throughout the history of commercial life nobody has ever quite liked the commission man. His function is too vague, his presence always seems one too many, his profit looks too easy, and even when you admit that he has a necessary function, you feel that this function is, as it were, a personification of something that in an ethical society would not need to exist. If people could deal with one another honestly, they would not need agents.”
—Raymond Chandler (1888–1959)
“The history of a soldier’s wound beguiles the pain of it.”
—Laurence Sterne (1713–1768)
“The true theater of history is therefore the temperate zone.”
—Georg Wilhelm Friedrich Hegel (1770–1831)