Adaptive Business Intelligence
Professor Zbigniew Michalewicz
School of Computer Science
University of Adelaide
South Australia 5005, Australia
Founder & Chairman of the Board of SolveIT Software
http://www.solveitsoftware.com/
http://www.cs.adelaide.edu.au/~zbyszek

Abstract
In the modern information era, managers must recognize the competitive opportunities represented by decision–support tools. Adaptive Business Intelligence systems combine prediction and optimization techniques to assist decision makers in complex, rapidly changing environments. These systems address the fundamental questions: What is likely to happen in the future? And what is the best course of action? Adaptive Business Intelligence includes elements of data mining, predictive modeling, forecasting, optimization, and adaptability. The talk introduces the concepts behind Adaptive Business Intelligence, which aims at providing significant cost savings & revenue increases for businesses. A few real-world examples will be shown. Current trends in commercial software, as well as the growing importance of adaptibility, will also be discussed. For more information, see www.adaptivebusinessintelligence.com.au.