SlideShare a Scribd company logo
1
Why BI?
1
2
What if you could see into the future and control what
occurs? Can that be possible given the complexity of
your environment? You have many systems, multiple
databases and a ton of data to work with.
Seeing into the future is possible. Business Intelligence (BI) is the crystal ball!
• In its simplest form, BI is like a spreadsheet on steroids, allowing you to :
• Slice and Dice
• Perform Predictive Analysis
• Define Prescriptive Actions
• With Views based on:
• Current
• Future
• Multi-dimensional Attributes
• Combined with Analytical Analysis
BI considers organization spreadsheet knowledge and adheres to the same look and
feel.
BI is one area of the business that is user owned and driven
requiring significantly less dependence on your IT
organization and resources.
2
3
In a 1958 article, IBM researcher Hans Peter Luhn used the
term business intelligence. His definition was based on
Webster's dictionary definition of intelligence:
"the ability to apprehend the interrelationships of presented
facts in such a way as to guide action towards a desired
goal."[1]
BI Components
BI encompasses:
Data Warehouse
Business Analytics
Reporting
a lot of Data = Big Data
BI enables informed decisions by bringing together data from
multiple sources combined with the analytical abilities to produce
informed business decisions supported by multiple dimensional view
or scenarios.
So, what are the goals that you want to achieve? Where
do you start? Let’s start with areas of the business that will
benefit.
3
4
4
Applying BI to Enterprise Processes
Measurement /Metrics– inform business leaders to the progress towards business goals
Business Intelligence applied to the following purposes drive
value based processes.
Allowing the measurement and real-time insight to adjust ,
improve , modify many aspects of your business, including:
Business Intelligence provides alert functionality notifies the users if certain
conditions are met.
Example: If a business metric exceeds a pre-defined threshold, the metric will be
highlighted in standard reports, and the business analyst may be alerted via
email or other system services.
Analytics – driven by quantitative processes to arrive at optimal decisions and to discover
business knowledge.
Involves: data mining, process mining, statistical analysis, predictive
analytics, predictive modeling, business process modeling, event processing and
prescriptive analytics.
Enterprise Reporting – strategic reporting, not operational reporting.
Involves data visualization, executive information system and OLAP
Collaboration/Collaboration Platform – internal and external
data sources sharing.
Knowledge Management – supports practices to identify, create,
represent, distribute, and enable adoption of insights and
experiences that are based on business knowledge.
5
5
BI Great Mashups
Taking a term first coined in the music industry, Mashups
combine multiple sources (rap & rock) and tones (dance &
electronica) to create something totally new.
Mashups in BI allows us to integrate data and
visualize the results in a coherent and
persuasive manner.
When enhanced by technologies like
Flash featuring drill-down and drill-
through capability, they become some of
the most versatile and visually-powerful
BI instruments in the decision-maker’s
arsenal.
The enablers of BI include:
Data Warehouse
Visualization
Dashboards
Big Data
OLAP
KPIs
6
6
Data Warehouse
Let’s start with one of the most obvious components and how BI
and Data Warehouse play together. Distinguishing between the
concepts of business intelligence and data warehouses, Forrester
Research defines BI as:
"Business Intelligence is a set of methodologies, processes,
architectures, and technologies that transform raw data into
meaningful and useful information used to enable more effective
strategic, tactical, and operational insights and decision-
making."[2]
BI includes:
Data Integration
Data Quality
Data Warehousing
Master-data Management
Text-Analytics
Content-Analytics
and Others….
Forrester sees data warehouse as an enabler of and input to BI based on
combined data bases/sources.
From a user’s view BI portals into the data warehouse provides for analytical
and reporting capabilities. These views are user specific, refreshed and
consolidated.
7
7
Visualization
Supports predictive actions based on knowledge and insights driven
by analytics that are graphic and easily modified for data changes
to project resulting impacts.
Visualization allows you to:
Anticipate
React
Achieve Greater Success
Attributes are assigned allowing for perspectives not obvious in
the data, but striking when visualized
8
8
Dashboards
Dashboards are BI’s graphical representation of information
to allow users to monitor and adjust, according to changes in
priorities, objectives or resources.
Dashboards by User/Function/KPI Specific
User Friendly
Easily Modified by Users
Mobility and Connectivity
Important consideration when deploying via :
Tablets
Other Handheld Devices
9
9
Big Data
It’s all the rage, Big Data! What does it mean?
Is it BI?
Big Data is based on data growth and the ability to harness that data.
Growth in the following areas:
Data Volume
Information Management
System Specific (ERP, CRM, etc.)
Servers
Data Management - Internal
Data Access - External
Virtualization
Distribution
Replication
Not to fear, BI considerations include predefined:
Data Structures
User Interfaces
Data Management
Warehouses
10
10
OLAP
OLAP or On Line Analytical Processing supports
multidimensional analysis or the analysis of data from
different dimensions, often called OLAP cubes.
OLAP prioritizes the way data is shown by a given column.
Multidimensional Databases are complex
architectures.
* With these databases, intersections of relevant
data become more apparent and easier to:
Group
Summarize
Analyze
For example, if you have a table of data about sales,
analyze it by:
product type (a dimension)
demographic (another dimension)
geographic region (another dimension)
For example, OLAP allows an analyst to answer questions like
“how many computers have been sold in the US this year?” and
“of those sold, how many were sold to people over 60?”
Not to oversimplify the capabilities of OLAP, think of OLAP as a pivot
table that also extends beyond the enterprise leveraging other data
sources via APIs and overlays like :
• Google Maps - location specific information
Location
11
11
KPIs
Remember the dashboard is only as effective as the KPI’s that
are tracked and measured.
KPIs should be used to trigger alerts and actions!
Give careful consideration to what
and why you are measuring the
KPIs selected.
Don’t measure too many KPI’s;
consider combining multiple KPIs
into one.
12
12
With BI you can take the data from those and other systems to:
Perform Predictive Analysis
Prescription Capabilities
Establish KPI Driven Analytics and User Dashboards
BI Deployment
There are many touch points to consider when BI
solutions are being planned.
Consider your other systems ERP, CRM, SCM, etc.
ERP enabled :
Integrated Processes
Information Flows Across Processes
Business Function Level Automation
CRM for Sales
Financial Systems
Sales Order Planning
Operations And Production Processes, Priorities, and Scheduling.
SCM enabled
Automated/Anticipated/Actionable/Information Based
Interactive/Actions With
In-bound Suppliers
Out-bound Activities To Customers in Your Supply Chain
13
13
BI Product and Services Options/Considerations
There are many products to satisfy the capabilities of BI.
Don’t be drawn in by any one that claims to provide you the
entire package. Understand what you need based on what you
want to accomplish and the investments you’ve already made.
As you evaluate your options, consider what you have
already invested in systems and how that supports your BI
initiative.
There are many reports from analysts with
solution comparisons.
 Do your homework on the required
investment and completeness of the
solution.
Look beyond the enterprise.
 SaaS may be a viable option for your BI
implementation.
14
14
Why BI?
Still need to know more.
The results speak for themselves. The following chart from Bain &
Company shows you…WHY!
Bain & Company’s Insights Analysis
2X more likely to have top-quartile financial performance
5X more likely to make decisions “much faster” than competition
3X more likely to execute decisions as intended
2X more likely to use data very frequently when making decisions
15
15
Summary
This journey is one that you’ve been on for a while.
The system and supporting technologies that have been
deployed to-date have led you to this newest technology.
The foundation has been laid and BI will take you far.
BI is a technology that brings together the
combined knowledge of your organization based
on the systems and databases in place and the
foundation that has been laid.
 You have made the investments and it’s
time to realize those investments.
This should help you get on your way. If you would like to talk
about you rBI initiatives, please reach out to me or our team
of consultants here at Barry-Wehmiller International. Contact
me at Pat.McGrath@B-WI.com. Wishing you a successful
project! ;-)
You are in a position to harness the power of BI.
 The power of knowledge and insight gained, captured and
presented via BI to support decisions based on
prescriptive and predictive actions.
Why BI?
Other Sources
• Video http://progressive.uvault.com/2361/2014/corp/Selection-Consultant-short-
DEPM.mp4
• Links:
• http://www.forbes.com/sites/louiscolumbus/2014/06/24/roundup-of-analytics-big-data-
business-intelligence-forecasts-and-market-estimates-2014/
• Sector Report on Business Intelligence Redwood Capital Report on the Players
• http://searchbusinessanalytics.techtarget.com/feature/Defining-and-using-KPIs-in-a-
successful-business-intelligence-system KPIs in BI dashboards
• Big Data: The Organizational Challenge Bain & Company Insights
16
References
• 1 H P Luhn (1958). "A Business Intelligence System". IBM Journal 2 (4):
314.doi:10.1147/rd.24.0314.
• 2 Evelson, Boris (21 November 2008). "Topic Overview: Business Intelligence".
• http://www.gartner.com/technology/media-
products/newsletters/information_builders/vol3_issue1/gartner.html
Why BI?
About Barry-Wehmiller International (B-WI)
At Barry-Wehmiller International (B-WI) we are proud of our remarkable journey, a journey we
began 20 years ago to become who we are today – a trusted, global, people-centric, ‘Total
Solutions’ provider with a rich heritage in manufacturing. We take particular pride in our people-
centric culture and values.
We have built a strong foundation, we are here to lend a hand and be a guide to our customers
with our specialized consulting, technology, engineering and manufacturing talent. We were
there then, we are here now and we will be there with you into the future. Welcome to Barry-
Wehmiller International.
17
Enterprise Consulting
Enterprise Systems
Engineering Expertise
Technology
Products
B
U
S
I
N
E
S
S
S
E
R
V
I
C
E
S
OFFERINGS
ERP Implementation
AX-CAD Integration
CRM/SCM/BI
Systems Integration
Engineering
Consulting
CustomDevelopment
15+
LOCATIONS
4+ COUNTRIES
Partners
Infor
Microsoft
CinCom
PTC
Our Team
350
consultants
200 engineers
100
certified
technologists
Industries
Manufacturing . High Tech & Electronics . Medical Devices . Process . Oil & Gas
28 M
ANNUAL
REVENUE
Why BI?
About the Author
Patricia McGrath is pleased to represent Barry-Wehmiller International, as
Director of Strategic Initiatives.
B-WI provides consulting and services for manufacturing, engineering, ERP
solutions, and specialized development and support services.
Pat’s career includes positions with such prestigious companies as IBM and
KPMG. While there she focused on strategy, ERP business partners and business
consulting, plus having her own company working with others to develop both
strategic initiatives and tactical plans.
18

More Related Content

What's hot

Research paper final
Research paper finalResearch paper final
Research paper final
Christopher Pauli-Garcia
 
Advanced Topics In Business Intelligence
Advanced Topics In Business IntelligenceAdvanced Topics In Business Intelligence
Advanced Topics In Business Intelligence
guest1a9ef2
 
Bi Strategy Roadmap
Bi Strategy RoadmapBi Strategy Roadmap
Bi Strategy Roadmap
Salil Mehendale
 
Business intelligence strategy and roadmap 2018
Business intelligence strategy and roadmap 2018Business intelligence strategy and roadmap 2018
Business intelligence strategy and roadmap 2018
Mondy Holten
 
Business Intelligence Key Factors - How to successfully help decision making ...
Business Intelligence Key Factors - How to successfully help decision making ...Business Intelligence Key Factors - How to successfully help decision making ...
Business Intelligence Key Factors - How to successfully help decision making ...
Cristian Golban
 
Guide to Business Intelligence
Guide to Business IntelligenceGuide to Business Intelligence
Guide to Business Intelligence
TechnologyAdvice
 
BI Roadmap
BI RoadmapBI Roadmap
BI Roadmap
Jodie Heflin
 
Business intelligence in the real time economy
Business intelligence in the real time economyBusiness intelligence in the real time economy
Business intelligence in the real time economyJohan Blomme
 
Critical success factors to develop and deliver a forward-looking BI strategy...
Critical success factors to develop and deliver a forward-looking BI strategy...Critical success factors to develop and deliver a forward-looking BI strategy...
Critical success factors to develop and deliver a forward-looking BI strategy...
SAP Analytics
 
BI 2.0 - A Sneak Preview
BI 2.0 - A Sneak PreviewBI 2.0 - A Sneak Preview
BI 2.0 - A Sneak Preview
Dhiren Gala
 
Role of business intelligence in knowledge management
Role of business intelligence in knowledge managementRole of business intelligence in knowledge management
Role of business intelligence in knowledge management
Shakthi Fernando
 
Business Intelligence Module 2
Business Intelligence Module 2Business Intelligence Module 2
Business Intelligence Module 2
Home
 
BI Presentation
BI PresentationBI Presentation
BI Presentation
Dhiren Gala
 
Microsoft Business Intelligence - Practical Approach & Overview
Microsoft Business Intelligence - Practical Approach & OverviewMicrosoft Business Intelligence - Practical Approach & Overview
Microsoft Business Intelligence - Practical Approach & OverviewLi Ken Chong
 
Bi ppt version 3.6.2
Bi ppt version 3.6.2Bi ppt version 3.6.2
Bi ppt version 3.6.2p_SarafiGohar
 
Introduction to Business Intelligence
Introduction to Business IntelligenceIntroduction to Business Intelligence
Introduction to Business Intelligence
Ronan Soares
 
Business intelligence
Business intelligenceBusiness intelligence
Business intelligence
Roots Cast Pvt Ltd
 
Business Intelligence, Portals, Dashboards and Operational Matrix with ShareP...
Business Intelligence, Portals, Dashboards and Operational Matrix with ShareP...Business Intelligence, Portals, Dashboards and Operational Matrix with ShareP...
Business Intelligence, Portals, Dashboards and Operational Matrix with ShareP...
Optimus BT
 

What's hot (20)

Research paper final
Research paper finalResearch paper final
Research paper final
 
Advanced Topics In Business Intelligence
Advanced Topics In Business IntelligenceAdvanced Topics In Business Intelligence
Advanced Topics In Business Intelligence
 
Bi Strategy Roadmap
Bi Strategy RoadmapBi Strategy Roadmap
Bi Strategy Roadmap
 
Business intelligence strategy and roadmap 2018
Business intelligence strategy and roadmap 2018Business intelligence strategy and roadmap 2018
Business intelligence strategy and roadmap 2018
 
Business Intelligence Key Factors - How to successfully help decision making ...
Business Intelligence Key Factors - How to successfully help decision making ...Business Intelligence Key Factors - How to successfully help decision making ...
Business Intelligence Key Factors - How to successfully help decision making ...
 
Guide to Business Intelligence
Guide to Business IntelligenceGuide to Business Intelligence
Guide to Business Intelligence
 
BI Roadmap
BI RoadmapBI Roadmap
BI Roadmap
 
Business intelligence in the real time economy
Business intelligence in the real time economyBusiness intelligence in the real time economy
Business intelligence in the real time economy
 
Critical success factors to develop and deliver a forward-looking BI strategy...
Critical success factors to develop and deliver a forward-looking BI strategy...Critical success factors to develop and deliver a forward-looking BI strategy...
Critical success factors to develop and deliver a forward-looking BI strategy...
 
BI 2.0 - A Sneak Preview
BI 2.0 - A Sneak PreviewBI 2.0 - A Sneak Preview
BI 2.0 - A Sneak Preview
 
Role of business intelligence in knowledge management
Role of business intelligence in knowledge managementRole of business intelligence in knowledge management
Role of business intelligence in knowledge management
 
Business Intelligence Module 2
Business Intelligence Module 2Business Intelligence Module 2
Business Intelligence Module 2
 
BI Presentation
BI PresentationBI Presentation
BI Presentation
 
Microsoft Business Intelligence - Practical Approach & Overview
Microsoft Business Intelligence - Practical Approach & OverviewMicrosoft Business Intelligence - Practical Approach & Overview
Microsoft Business Intelligence - Practical Approach & Overview
 
Bi ppt version 3.6.2
Bi ppt version 3.6.2Bi ppt version 3.6.2
Bi ppt version 3.6.2
 
Introduction to Business Intelligence
Introduction to Business IntelligenceIntroduction to Business Intelligence
Introduction to Business Intelligence
 
Business intelligence
Business intelligenceBusiness intelligence
Business intelligence
 
Business intelligence
Business intelligenceBusiness intelligence
Business intelligence
 
Business process based analytics
Business process based analyticsBusiness process based analytics
Business process based analytics
 
Business Intelligence, Portals, Dashboards and Operational Matrix with ShareP...
Business Intelligence, Portals, Dashboards and Operational Matrix with ShareP...Business Intelligence, Portals, Dashboards and Operational Matrix with ShareP...
Business Intelligence, Portals, Dashboards and Operational Matrix with ShareP...
 

Viewers also liked

iRail - mobiliteitsdag - 2015/09/20
iRail - mobiliteitsdag - 2015/09/20iRail - mobiliteitsdag - 2015/09/20
iRail - mobiliteitsdag - 2015/09/20
Brecht Van de Vyvere
 
Bi ebook
Bi ebookBi ebook
iRail final pitch #osoc14
iRail final pitch #osoc14iRail final pitch #osoc14
iRail final pitch #osoc14
Brecht Van de Vyvere
 
iRail Hackathon Leiedal 2014
iRail Hackathon Leiedal 2014iRail Hackathon Leiedal 2014
iRail Hackathon Leiedal 2014
Brecht Van de Vyvere
 
F+m guidelines
F+m guidelinesF+m guidelines
F+m guidelines
Jackalcreative
 
GTFS pitch open Summer of code 2015
GTFS pitch open Summer of code 2015GTFS pitch open Summer of code 2015
GTFS pitch open Summer of code 2015
Brecht Van de Vyvere
 
Pitch hackathon Namur: team iRail #oSoc15
Pitch hackathon Namur: team iRail #oSoc15Pitch hackathon Namur: team iRail #oSoc15
Pitch hackathon Namur: team iRail #oSoc15
Brecht Van de Vyvere
 

Viewers also liked (18)

000704
000704000704
000704
 
000999
000999000999
000999
 
000698
000698000698
000698
 
iRail - mobiliteitsdag - 2015/09/20
iRail - mobiliteitsdag - 2015/09/20iRail - mobiliteitsdag - 2015/09/20
iRail - mobiliteitsdag - 2015/09/20
 
000728
000728000728
000728
 
000682
000682000682
000682
 
000661
000661000661
000661
 
000573
000573000573
000573
 
000717
000717000717
000717
 
000562
000562000562
000562
 
000666
000666000666
000666
 
000726
000726000726
000726
 
Bi ebook
Bi ebookBi ebook
Bi ebook
 
iRail final pitch #osoc14
iRail final pitch #osoc14iRail final pitch #osoc14
iRail final pitch #osoc14
 
iRail Hackathon Leiedal 2014
iRail Hackathon Leiedal 2014iRail Hackathon Leiedal 2014
iRail Hackathon Leiedal 2014
 
F+m guidelines
F+m guidelinesF+m guidelines
F+m guidelines
 
GTFS pitch open Summer of code 2015
GTFS pitch open Summer of code 2015GTFS pitch open Summer of code 2015
GTFS pitch open Summer of code 2015
 
Pitch hackathon Namur: team iRail #oSoc15
Pitch hackathon Namur: team iRail #oSoc15Pitch hackathon Namur: team iRail #oSoc15
Pitch hackathon Namur: team iRail #oSoc15
 

Similar to Bi ebook

Power bi implementation for finance services firms
Power bi implementation for finance services firmsPower bi implementation for finance services firms
Power bi implementation for finance services firms
addendanalytics
 
Bi presentation
Bi presentationBi presentation
Bi presentationbani1322
 
5 Things To Look For In A Business Intelligence Software
5 Things To Look For In A Business Intelligence Software5 Things To Look For In A Business Intelligence Software
5 Things To Look For In A Business Intelligence Software
Grow
 
What are actionable insights? (Introduction to Operational Analytics Software)
What are actionable insights? (Introduction to Operational Analytics Software)What are actionable insights? (Introduction to Operational Analytics Software)
What are actionable insights? (Introduction to Operational Analytics Software)
Newton Day Uploads
 
A Study on Operational Expectations of BI Implemantaions and Performance.
A Study on Operational Expectations of BI Implemantaions and Performance.A Study on Operational Expectations of BI Implemantaions and Performance.
A Study on Operational Expectations of BI Implemantaions and Performance.Marzoq Abdo Nasser Shagera
 
PART 1.docx
PART 1.docxPART 1.docx
PART 1.docx
calf_ville86
 
Business intelligence- Components, Tools, Need and Applications
Business intelligence- Components, Tools, Need and ApplicationsBusiness intelligence- Components, Tools, Need and Applications
Business intelligence- Components, Tools, Need and Applications
raj
 
Business Intelligence
Business IntelligenceBusiness Intelligence
Business Intelligence
Digisurface
 
Cognos BI Training Orientation
Cognos BI Training Orientation Cognos BI Training Orientation
Cognos BI Training Orientation
Sujit Ghosh
 
Business intelligence
Business intelligenceBusiness intelligence
Business intelligence
shreeuva
 
Business intelligence
Business intelligenceBusiness intelligence
Business intelligence
SIBICHAKKARAVARTHYCM
 
Business Analytics
Business AnalyticsBusiness Analytics
Business Analytics
Jignesh Kariya
 
Business Intelligence Services | BI Tools
Business Intelligence Services | BI ToolsBusiness Intelligence Services | BI Tools
Business Intelligence Services | BI Tools
eLuminous Technologies Pvt. Ltd.
 
Business Intelligence
Business IntelligenceBusiness Intelligence
Business Intelligence
Amulya Lohani
 
Knowledge management and business intelligence
Knowledge management and business intelligenceKnowledge management and business intelligence
Knowledge management and business intelligence
Azmi Taufik
 
Business intelligence
Business intelligenceBusiness intelligence
Business intelligence
Pramodkumar Jha
 
How Can Business Analytics Dashboard Help Data Analysts.pdf
How Can Business Analytics Dashboard Help Data Analysts.pdfHow Can Business Analytics Dashboard Help Data Analysts.pdf
How Can Business Analytics Dashboard Help Data Analysts.pdf
Grow
 
Business Intelligence In Cyber Security | Cyberroot Risk Advisory
Business Intelligence In Cyber Security | Cyberroot Risk AdvisoryBusiness Intelligence In Cyber Security | Cyberroot Risk Advisory
Business Intelligence In Cyber Security | Cyberroot Risk Advisory
CR Group
 
What Is Business Intelligence's Role In Big Data Analysis
What Is Business Intelligence's Role In Big Data AnalysisWhat Is Business Intelligence's Role In Big Data Analysis
What Is Business Intelligence's Role In Big Data Analysis
Macala Wright Consulting & Content
 
BA MODULE1.pdf
BA MODULE1.pdfBA MODULE1.pdf
BA MODULE1.pdf
Jignesh Kariya
 

Similar to Bi ebook (20)

Power bi implementation for finance services firms
Power bi implementation for finance services firmsPower bi implementation for finance services firms
Power bi implementation for finance services firms
 
Bi presentation
Bi presentationBi presentation
Bi presentation
 
5 Things To Look For In A Business Intelligence Software
5 Things To Look For In A Business Intelligence Software5 Things To Look For In A Business Intelligence Software
5 Things To Look For In A Business Intelligence Software
 
What are actionable insights? (Introduction to Operational Analytics Software)
What are actionable insights? (Introduction to Operational Analytics Software)What are actionable insights? (Introduction to Operational Analytics Software)
What are actionable insights? (Introduction to Operational Analytics Software)
 
A Study on Operational Expectations of BI Implemantaions and Performance.
A Study on Operational Expectations of BI Implemantaions and Performance.A Study on Operational Expectations of BI Implemantaions and Performance.
A Study on Operational Expectations of BI Implemantaions and Performance.
 
PART 1.docx
PART 1.docxPART 1.docx
PART 1.docx
 
Business intelligence- Components, Tools, Need and Applications
Business intelligence- Components, Tools, Need and ApplicationsBusiness intelligence- Components, Tools, Need and Applications
Business intelligence- Components, Tools, Need and Applications
 
Business Intelligence
Business IntelligenceBusiness Intelligence
Business Intelligence
 
Cognos BI Training Orientation
Cognos BI Training Orientation Cognos BI Training Orientation
Cognos BI Training Orientation
 
Business intelligence
Business intelligenceBusiness intelligence
Business intelligence
 
Business intelligence
Business intelligenceBusiness intelligence
Business intelligence
 
Business Analytics
Business AnalyticsBusiness Analytics
Business Analytics
 
Business Intelligence Services | BI Tools
Business Intelligence Services | BI ToolsBusiness Intelligence Services | BI Tools
Business Intelligence Services | BI Tools
 
Business Intelligence
Business IntelligenceBusiness Intelligence
Business Intelligence
 
Knowledge management and business intelligence
Knowledge management and business intelligenceKnowledge management and business intelligence
Knowledge management and business intelligence
 
Business intelligence
Business intelligenceBusiness intelligence
Business intelligence
 
How Can Business Analytics Dashboard Help Data Analysts.pdf
How Can Business Analytics Dashboard Help Data Analysts.pdfHow Can Business Analytics Dashboard Help Data Analysts.pdf
How Can Business Analytics Dashboard Help Data Analysts.pdf
 
Business Intelligence In Cyber Security | Cyberroot Risk Advisory
Business Intelligence In Cyber Security | Cyberroot Risk AdvisoryBusiness Intelligence In Cyber Security | Cyberroot Risk Advisory
Business Intelligence In Cyber Security | Cyberroot Risk Advisory
 
What Is Business Intelligence's Role In Big Data Analysis
What Is Business Intelligence's Role In Big Data AnalysisWhat Is Business Intelligence's Role In Big Data Analysis
What Is Business Intelligence's Role In Big Data Analysis
 
BA MODULE1.pdf
BA MODULE1.pdfBA MODULE1.pdf
BA MODULE1.pdf
 

Recently uploaded

Jpolillo Amazon PPC - Bid Optimization Sample
Jpolillo Amazon PPC - Bid Optimization SampleJpolillo Amazon PPC - Bid Optimization Sample
Jpolillo Amazon PPC - Bid Optimization Sample
James Polillo
 
1.Seydhcuxhxyxhccuuxuxyxyxmisolids 2019.pptx
1.Seydhcuxhxyxhccuuxuxyxyxmisolids 2019.pptx1.Seydhcuxhxyxhccuuxuxyxyxmisolids 2019.pptx
1.Seydhcuxhxyxhccuuxuxyxyxmisolids 2019.pptx
Tiktokethiodaily
 
Adjusting primitives for graph : SHORT REPORT / NOTES
Adjusting primitives for graph : SHORT REPORT / NOTESAdjusting primitives for graph : SHORT REPORT / NOTES
Adjusting primitives for graph : SHORT REPORT / NOTES
Subhajit Sahu
 
一比一原版(CBU毕业证)卡普顿大学毕业证成绩单
一比一原版(CBU毕业证)卡普顿大学毕业证成绩单一比一原版(CBU毕业证)卡普顿大学毕业证成绩单
一比一原版(CBU毕业证)卡普顿大学毕业证成绩单
nscud
 
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
yhkoc
 
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
axoqas
 
FP Growth Algorithm and its Applications
FP Growth Algorithm and its ApplicationsFP Growth Algorithm and its Applications
FP Growth Algorithm and its Applications
MaleehaSheikh2
 
Predicting Product Ad Campaign Performance: A Data Analysis Project Presentation
Predicting Product Ad Campaign Performance: A Data Analysis Project PresentationPredicting Product Ad Campaign Performance: A Data Analysis Project Presentation
Predicting Product Ad Campaign Performance: A Data Analysis Project Presentation
Boston Institute of Analytics
 
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...
Subhajit Sahu
 
Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)
TravisMalana
 
Business update Q1 2024 Lar España Real Estate SOCIMI
Business update Q1 2024 Lar España Real Estate SOCIMIBusiness update Q1 2024 Lar España Real Estate SOCIMI
Business update Q1 2024 Lar España Real Estate SOCIMI
AlejandraGmez176757
 
一比一原版(TWU毕业证)西三一大学毕业证成绩单
一比一原版(TWU毕业证)西三一大学毕业证成绩单一比一原版(TWU毕业证)西三一大学毕业证成绩单
一比一原版(TWU毕业证)西三一大学毕业证成绩单
ocavb
 
Investigate & Recover / StarCompliance.io / Crypto_Crimes
Investigate & Recover / StarCompliance.io / Crypto_CrimesInvestigate & Recover / StarCompliance.io / Crypto_Crimes
Investigate & Recover / StarCompliance.io / Crypto_Crimes
StarCompliance.io
 
SOCRadar Germany 2024 Threat Landscape Report
SOCRadar Germany 2024 Threat Landscape ReportSOCRadar Germany 2024 Threat Landscape Report
SOCRadar Germany 2024 Threat Landscape Report
SOCRadar
 
一比一原版(UVic毕业证)维多利亚大学毕业证成绩单
一比一原版(UVic毕业证)维多利亚大学毕业证成绩单一比一原版(UVic毕业证)维多利亚大学毕业证成绩单
一比一原版(UVic毕业证)维多利亚大学毕业证成绩单
ukgaet
 
Tabula.io Cheatsheet: automate your data workflows
Tabula.io Cheatsheet: automate your data workflowsTabula.io Cheatsheet: automate your data workflows
Tabula.io Cheatsheet: automate your data workflows
alex933524
 
Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...
Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...
Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...
Subhajit Sahu
 
Best best suvichar in gujarati english meaning of this sentence as Silk road ...
Best best suvichar in gujarati english meaning of this sentence as Silk road ...Best best suvichar in gujarati english meaning of this sentence as Silk road ...
Best best suvichar in gujarati english meaning of this sentence as Silk road ...
AbhimanyuSinha9
 
Empowering Data Analytics Ecosystem.pptx
Empowering Data Analytics Ecosystem.pptxEmpowering Data Analytics Ecosystem.pptx
Empowering Data Analytics Ecosystem.pptx
benishzehra469
 
The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...
jerlynmaetalle
 

Recently uploaded (20)

Jpolillo Amazon PPC - Bid Optimization Sample
Jpolillo Amazon PPC - Bid Optimization SampleJpolillo Amazon PPC - Bid Optimization Sample
Jpolillo Amazon PPC - Bid Optimization Sample
 
1.Seydhcuxhxyxhccuuxuxyxyxmisolids 2019.pptx
1.Seydhcuxhxyxhccuuxuxyxyxmisolids 2019.pptx1.Seydhcuxhxyxhccuuxuxyxyxmisolids 2019.pptx
1.Seydhcuxhxyxhccuuxuxyxyxmisolids 2019.pptx
 
Adjusting primitives for graph : SHORT REPORT / NOTES
Adjusting primitives for graph : SHORT REPORT / NOTESAdjusting primitives for graph : SHORT REPORT / NOTES
Adjusting primitives for graph : SHORT REPORT / NOTES
 
一比一原版(CBU毕业证)卡普顿大学毕业证成绩单
一比一原版(CBU毕业证)卡普顿大学毕业证成绩单一比一原版(CBU毕业证)卡普顿大学毕业证成绩单
一比一原版(CBU毕业证)卡普顿大学毕业证成绩单
 
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
 
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
哪里卖(usq毕业证书)南昆士兰大学毕业证研究生文凭证书托福证书原版一模一样
 
FP Growth Algorithm and its Applications
FP Growth Algorithm and its ApplicationsFP Growth Algorithm and its Applications
FP Growth Algorithm and its Applications
 
Predicting Product Ad Campaign Performance: A Data Analysis Project Presentation
Predicting Product Ad Campaign Performance: A Data Analysis Project PresentationPredicting Product Ad Campaign Performance: A Data Analysis Project Presentation
Predicting Product Ad Campaign Performance: A Data Analysis Project Presentation
 
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...
Levelwise PageRank with Loop-Based Dead End Handling Strategy : SHORT REPORT ...
 
Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)Malana- Gimlet Market Analysis (Portfolio 2)
Malana- Gimlet Market Analysis (Portfolio 2)
 
Business update Q1 2024 Lar España Real Estate SOCIMI
Business update Q1 2024 Lar España Real Estate SOCIMIBusiness update Q1 2024 Lar España Real Estate SOCIMI
Business update Q1 2024 Lar España Real Estate SOCIMI
 
一比一原版(TWU毕业证)西三一大学毕业证成绩单
一比一原版(TWU毕业证)西三一大学毕业证成绩单一比一原版(TWU毕业证)西三一大学毕业证成绩单
一比一原版(TWU毕业证)西三一大学毕业证成绩单
 
Investigate & Recover / StarCompliance.io / Crypto_Crimes
Investigate & Recover / StarCompliance.io / Crypto_CrimesInvestigate & Recover / StarCompliance.io / Crypto_Crimes
Investigate & Recover / StarCompliance.io / Crypto_Crimes
 
SOCRadar Germany 2024 Threat Landscape Report
SOCRadar Germany 2024 Threat Landscape ReportSOCRadar Germany 2024 Threat Landscape Report
SOCRadar Germany 2024 Threat Landscape Report
 
一比一原版(UVic毕业证)维多利亚大学毕业证成绩单
一比一原版(UVic毕业证)维多利亚大学毕业证成绩单一比一原版(UVic毕业证)维多利亚大学毕业证成绩单
一比一原版(UVic毕业证)维多利亚大学毕业证成绩单
 
Tabula.io Cheatsheet: automate your data workflows
Tabula.io Cheatsheet: automate your data workflowsTabula.io Cheatsheet: automate your data workflows
Tabula.io Cheatsheet: automate your data workflows
 
Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...
Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...
Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...
 
Best best suvichar in gujarati english meaning of this sentence as Silk road ...
Best best suvichar in gujarati english meaning of this sentence as Silk road ...Best best suvichar in gujarati english meaning of this sentence as Silk road ...
Best best suvichar in gujarati english meaning of this sentence as Silk road ...
 
Empowering Data Analytics Ecosystem.pptx
Empowering Data Analytics Ecosystem.pptxEmpowering Data Analytics Ecosystem.pptx
Empowering Data Analytics Ecosystem.pptx
 
The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...The affect of service quality and online reviews on customer loyalty in the E...
The affect of service quality and online reviews on customer loyalty in the E...
 

Bi ebook

  • 2. 2 What if you could see into the future and control what occurs? Can that be possible given the complexity of your environment? You have many systems, multiple databases and a ton of data to work with. Seeing into the future is possible. Business Intelligence (BI) is the crystal ball! • In its simplest form, BI is like a spreadsheet on steroids, allowing you to : • Slice and Dice • Perform Predictive Analysis • Define Prescriptive Actions • With Views based on: • Current • Future • Multi-dimensional Attributes • Combined with Analytical Analysis BI considers organization spreadsheet knowledge and adheres to the same look and feel. BI is one area of the business that is user owned and driven requiring significantly less dependence on your IT organization and resources. 2
  • 3. 3 In a 1958 article, IBM researcher Hans Peter Luhn used the term business intelligence. His definition was based on Webster's dictionary definition of intelligence: "the ability to apprehend the interrelationships of presented facts in such a way as to guide action towards a desired goal."[1] BI Components BI encompasses: Data Warehouse Business Analytics Reporting a lot of Data = Big Data BI enables informed decisions by bringing together data from multiple sources combined with the analytical abilities to produce informed business decisions supported by multiple dimensional view or scenarios. So, what are the goals that you want to achieve? Where do you start? Let’s start with areas of the business that will benefit. 3
  • 4. 4 4 Applying BI to Enterprise Processes Measurement /Metrics– inform business leaders to the progress towards business goals Business Intelligence applied to the following purposes drive value based processes. Allowing the measurement and real-time insight to adjust , improve , modify many aspects of your business, including: Business Intelligence provides alert functionality notifies the users if certain conditions are met. Example: If a business metric exceeds a pre-defined threshold, the metric will be highlighted in standard reports, and the business analyst may be alerted via email or other system services. Analytics – driven by quantitative processes to arrive at optimal decisions and to discover business knowledge. Involves: data mining, process mining, statistical analysis, predictive analytics, predictive modeling, business process modeling, event processing and prescriptive analytics. Enterprise Reporting – strategic reporting, not operational reporting. Involves data visualization, executive information system and OLAP Collaboration/Collaboration Platform – internal and external data sources sharing. Knowledge Management – supports practices to identify, create, represent, distribute, and enable adoption of insights and experiences that are based on business knowledge.
  • 5. 5 5 BI Great Mashups Taking a term first coined in the music industry, Mashups combine multiple sources (rap & rock) and tones (dance & electronica) to create something totally new. Mashups in BI allows us to integrate data and visualize the results in a coherent and persuasive manner. When enhanced by technologies like Flash featuring drill-down and drill- through capability, they become some of the most versatile and visually-powerful BI instruments in the decision-maker’s arsenal. The enablers of BI include: Data Warehouse Visualization Dashboards Big Data OLAP KPIs
  • 6. 6 6 Data Warehouse Let’s start with one of the most obvious components and how BI and Data Warehouse play together. Distinguishing between the concepts of business intelligence and data warehouses, Forrester Research defines BI as: "Business Intelligence is a set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision- making."[2] BI includes: Data Integration Data Quality Data Warehousing Master-data Management Text-Analytics Content-Analytics and Others…. Forrester sees data warehouse as an enabler of and input to BI based on combined data bases/sources. From a user’s view BI portals into the data warehouse provides for analytical and reporting capabilities. These views are user specific, refreshed and consolidated.
  • 7. 7 7 Visualization Supports predictive actions based on knowledge and insights driven by analytics that are graphic and easily modified for data changes to project resulting impacts. Visualization allows you to: Anticipate React Achieve Greater Success Attributes are assigned allowing for perspectives not obvious in the data, but striking when visualized
  • 8. 8 8 Dashboards Dashboards are BI’s graphical representation of information to allow users to monitor and adjust, according to changes in priorities, objectives or resources. Dashboards by User/Function/KPI Specific User Friendly Easily Modified by Users Mobility and Connectivity Important consideration when deploying via : Tablets Other Handheld Devices
  • 9. 9 9 Big Data It’s all the rage, Big Data! What does it mean? Is it BI? Big Data is based on data growth and the ability to harness that data. Growth in the following areas: Data Volume Information Management System Specific (ERP, CRM, etc.) Servers Data Management - Internal Data Access - External Virtualization Distribution Replication Not to fear, BI considerations include predefined: Data Structures User Interfaces Data Management Warehouses
  • 10. 10 10 OLAP OLAP or On Line Analytical Processing supports multidimensional analysis or the analysis of data from different dimensions, often called OLAP cubes. OLAP prioritizes the way data is shown by a given column. Multidimensional Databases are complex architectures. * With these databases, intersections of relevant data become more apparent and easier to: Group Summarize Analyze For example, if you have a table of data about sales, analyze it by: product type (a dimension) demographic (another dimension) geographic region (another dimension) For example, OLAP allows an analyst to answer questions like “how many computers have been sold in the US this year?” and “of those sold, how many were sold to people over 60?” Not to oversimplify the capabilities of OLAP, think of OLAP as a pivot table that also extends beyond the enterprise leveraging other data sources via APIs and overlays like : • Google Maps - location specific information Location
  • 11. 11 11 KPIs Remember the dashboard is only as effective as the KPI’s that are tracked and measured. KPIs should be used to trigger alerts and actions! Give careful consideration to what and why you are measuring the KPIs selected. Don’t measure too many KPI’s; consider combining multiple KPIs into one.
  • 12. 12 12 With BI you can take the data from those and other systems to: Perform Predictive Analysis Prescription Capabilities Establish KPI Driven Analytics and User Dashboards BI Deployment There are many touch points to consider when BI solutions are being planned. Consider your other systems ERP, CRM, SCM, etc. ERP enabled : Integrated Processes Information Flows Across Processes Business Function Level Automation CRM for Sales Financial Systems Sales Order Planning Operations And Production Processes, Priorities, and Scheduling. SCM enabled Automated/Anticipated/Actionable/Information Based Interactive/Actions With In-bound Suppliers Out-bound Activities To Customers in Your Supply Chain
  • 13. 13 13 BI Product and Services Options/Considerations There are many products to satisfy the capabilities of BI. Don’t be drawn in by any one that claims to provide you the entire package. Understand what you need based on what you want to accomplish and the investments you’ve already made. As you evaluate your options, consider what you have already invested in systems and how that supports your BI initiative. There are many reports from analysts with solution comparisons.  Do your homework on the required investment and completeness of the solution. Look beyond the enterprise.  SaaS may be a viable option for your BI implementation.
  • 14. 14 14 Why BI? Still need to know more. The results speak for themselves. The following chart from Bain & Company shows you…WHY! Bain & Company’s Insights Analysis 2X more likely to have top-quartile financial performance 5X more likely to make decisions “much faster” than competition 3X more likely to execute decisions as intended 2X more likely to use data very frequently when making decisions
  • 15. 15 15 Summary This journey is one that you’ve been on for a while. The system and supporting technologies that have been deployed to-date have led you to this newest technology. The foundation has been laid and BI will take you far. BI is a technology that brings together the combined knowledge of your organization based on the systems and databases in place and the foundation that has been laid.  You have made the investments and it’s time to realize those investments. This should help you get on your way. If you would like to talk about you rBI initiatives, please reach out to me or our team of consultants here at Barry-Wehmiller International. Contact me at Pat.McGrath@B-WI.com. Wishing you a successful project! ;-) You are in a position to harness the power of BI.  The power of knowledge and insight gained, captured and presented via BI to support decisions based on prescriptive and predictive actions.
  • 16. Why BI? Other Sources • Video http://progressive.uvault.com/2361/2014/corp/Selection-Consultant-short- DEPM.mp4 • Links: • http://www.forbes.com/sites/louiscolumbus/2014/06/24/roundup-of-analytics-big-data- business-intelligence-forecasts-and-market-estimates-2014/ • Sector Report on Business Intelligence Redwood Capital Report on the Players • http://searchbusinessanalytics.techtarget.com/feature/Defining-and-using-KPIs-in-a- successful-business-intelligence-system KPIs in BI dashboards • Big Data: The Organizational Challenge Bain & Company Insights 16 References • 1 H P Luhn (1958). "A Business Intelligence System". IBM Journal 2 (4): 314.doi:10.1147/rd.24.0314. • 2 Evelson, Boris (21 November 2008). "Topic Overview: Business Intelligence". • http://www.gartner.com/technology/media- products/newsletters/information_builders/vol3_issue1/gartner.html
  • 17. Why BI? About Barry-Wehmiller International (B-WI) At Barry-Wehmiller International (B-WI) we are proud of our remarkable journey, a journey we began 20 years ago to become who we are today – a trusted, global, people-centric, ‘Total Solutions’ provider with a rich heritage in manufacturing. We take particular pride in our people- centric culture and values. We have built a strong foundation, we are here to lend a hand and be a guide to our customers with our specialized consulting, technology, engineering and manufacturing talent. We were there then, we are here now and we will be there with you into the future. Welcome to Barry- Wehmiller International. 17 Enterprise Consulting Enterprise Systems Engineering Expertise Technology Products B U S I N E S S S E R V I C E S OFFERINGS ERP Implementation AX-CAD Integration CRM/SCM/BI Systems Integration Engineering Consulting CustomDevelopment 15+ LOCATIONS 4+ COUNTRIES Partners Infor Microsoft CinCom PTC Our Team 350 consultants 200 engineers 100 certified technologists Industries Manufacturing . High Tech & Electronics . Medical Devices . Process . Oil & Gas 28 M ANNUAL REVENUE
  • 18. Why BI? About the Author Patricia McGrath is pleased to represent Barry-Wehmiller International, as Director of Strategic Initiatives. B-WI provides consulting and services for manufacturing, engineering, ERP solutions, and specialized development and support services. Pat’s career includes positions with such prestigious companies as IBM and KPMG. While there she focused on strategy, ERP business partners and business consulting, plus having her own company working with others to develop both strategic initiatives and tactical plans. 18