Business informatics (BI) is a discipline combining economics, economics of digitization, business administration, information technology (IT), and concepts of computer science. Business informatics centers around creating programming and equipment frameworks which ultimately provides the organization with effective operation based on information technology application. The focus on programming and equipment boosts the value to the analysis of economics and information technology. The BI discipline was created in Germany (in German: Wirtschaftsinformatik). It is an established academic discipline including bachelor, master, diploma and PhD programs in Austria, Belgium, France, Germany, Hungary, Ireland, The Netherlands, Russia, Slovakia, Sweden, Switzerland, Turkey and is establishing in an increasing number of other countries as well as Finland, Australia, Bosnia and Herzegovina, Malaysia, Mexico, Poland and India.
Newmarket is a market town in the English county of Suffolk, approximately 65 miles (105 kilometres) north of London. It is generally considered the birthplace and global centre of thoroughbred horse racing and a potential World Heritage Site. It is a major local business cluster, with annual investment rivalling that of the Cambridge Science Park, the other major cluster in the region. It is the largest racehorse training centre in Britain, the largest racehorse breeding centre in the country, home to most major British horseracing institutions, and a key global centre for horse health. Two Classic races, and an additional three British Champions Series races are held at Newmarket every year. The town has had close royal connections since the time of James I, who built a palace there, and was also a base for Charles I, Charles II, and most monarchs since. The current monarch, Queen Elizabeth II, visits the town often to see her horses in training.
Newmarket has over fifty horse training stables, two large racetracks, the Rowley Mile and the July Course, and one of the most extensive and prestigious horse training grounds in the world. The town is home to over 3,500 racehorses, and it is estimated that one in every three local jobs is related to horse racing. Palace House, the National Heritage Centre for Horseracing and Sporting Art, the National Horseracing Museum, Tattersalls racehorse auctioneers, and two of the world's foremost equine hospitals for horse health, are in the town, which is surrounded by over sixty horse breeding studs. On account of its leading position in the multibillion-pound horse racing and breeding industry, it is also a major export centre.