ISBIS is a new international society and one of the newest Sections of the International Statistical Institute (ISI). It was founded in April 2005 during the 55th session of the ISI held in Sydney, Australia.
ISBIS will facilitate the advancement and exchange of knowledge in business, financial and industrial statistics. ISBIS does this by promoting research and applications, and best practice; by enabling technology transfer; and by fostering communication amongst its members. ISBIS seeks to promote the value of statistics to business and industry and to support enabling activities, particularly in lesser-developed countries. The objectives of the ISBIS are: