This Presentation covers the basic concept of Business Intelligence, BI Technologies, BI Tools, Future of BI, Real time BI, Key Stages of BI, BI Industry & Decision Support Applications.
AI and Marketing: Robot-proofing Your JobCall Sumo
Artificial Intelligence (AI) provides marketers with deep knowledge of consumer, clients and delivers the right message to the right person at the right time. Here are more depth information how AC affects on Marketing.
AI and Marketing: Robot-proofing Your JobCall Sumo
Artificial Intelligence (AI) provides marketers with deep knowledge of consumer, clients and delivers the right message to the right person at the right time. Here are more depth information how AC affects on Marketing.
Hi! Check this article with best business analytics thesis topics that we prepared for you. Get more topics here http://www.mbacapstoneproject.com/writing-winning-business-analytics-mba-capstone-tips-ideas-examples/
Business intelligence systems are also unable to deal with market volatiles. Infosys' business analytics offerings provide the processes, tools and expertise to extract the most from information investments description.
This report is an outcome of research on topic 'Business Intelligence', which is a hot topic now. This research report is prepared for the partial fulfillment of the requirements for 'Current Developments Module' of B.Sc.Computing degree.
It demonstrates details of the Business Intelligence in today's world and explains BI architecture. It also provides detailed analysis on its use in the current business environment.
An basic ideas about needs and concepts of business intelligence.
Presented on DotNetters Tech Summit - 2015 RUET
Presenter: Maksud Saifullah Pulak
Event Url: https://www.facebook.com/events/512834685530439/
Erp and business intelligence - why your business needs bothDavidAltmen
Have any ideas to expand your business? Thought of a smart growth strategy? But having trouble managing day-to-day business operations? Failing to effectively manage the workforce? Not being able to benefit from intracompany collaboration?
Well, you’re not alone. Every company that still relies on traditional modes of business management is in the same boat as you. Yes, you heard right. The traditional methods of business management that benefitted your company decades ago are not at all reliable today. Why?
Look around you; everything you see is dependent on technology. Embracing the tech revolution is what will give you a competitive edge in the corporate sector. A way to get ahead of your game by managing your internal business operations and implementing expansion strategies is the integration of the powerpack, ERP and BI.
Enterprise Resource Planning (ERP) combined with Business Intelligence (BI) has proved to work wonders for any business. From streamlining business operations to providing companies actionable insights to make smart decisions, this tech power combo can really serve as a game-changer for you.
Here is how you can benefit by incorporating ERP and BI into your business management model;
● Streamlined business operations
● Adequate utilization of resources
● Saves times and efforts
● Single database to access the entire company’s data
● Access to actionable insights to make better business decisions
Business Intelligence & Reporting are Not the SameHeath Turner
Many customer I have come across, immediately get the concept of Business Intelligence (BI). They understand that if they keep on reporting the way they have, i.e. straight from their ERP system that they are missing the bigger picture.
What is Business intelligence
Core Capabilities of Business Intelligence
Elements of Business Intelligence
Why Companies opt for Business Intelligence
Benefits of Business Intelligence
User of Business Intelligence
Reports of Business Intelligence
Business Application in Extended Enterprise
Business Analytics
Golden Rules for Business Intelligence
5 Stages of Business Intelligence
Role of business intelligence in knowledge managementShakthi Fernando
This study is fundamentally based on the most common components of a Business Intelligence System, data warehouses, ETL tools, OLAP techniques and data mining, which comfort the decision making function. It further describe about the role of each component in a Business Intelligence System and how Business Intelligence Systems can be used for better business decision making at each level of management.
What is BI,Definition, examples, BI industry, Solutions, Evolution, Catogeries, Key Stages of BI, BI significance, BI technologies, tools, future of BI
Business Analytics
Business Intelligence
OLAP
OLTP
BI
BA
architecture of BI
techniques of BI and BA
star schema
online analytical processing
online transactional processing
Hi! Check this article with best business analytics thesis topics that we prepared for you. Get more topics here http://www.mbacapstoneproject.com/writing-winning-business-analytics-mba-capstone-tips-ideas-examples/
Business intelligence systems are also unable to deal with market volatiles. Infosys' business analytics offerings provide the processes, tools and expertise to extract the most from information investments description.
This report is an outcome of research on topic 'Business Intelligence', which is a hot topic now. This research report is prepared for the partial fulfillment of the requirements for 'Current Developments Module' of B.Sc.Computing degree.
It demonstrates details of the Business Intelligence in today's world and explains BI architecture. It also provides detailed analysis on its use in the current business environment.
An basic ideas about needs and concepts of business intelligence.
Presented on DotNetters Tech Summit - 2015 RUET
Presenter: Maksud Saifullah Pulak
Event Url: https://www.facebook.com/events/512834685530439/
Erp and business intelligence - why your business needs bothDavidAltmen
Have any ideas to expand your business? Thought of a smart growth strategy? But having trouble managing day-to-day business operations? Failing to effectively manage the workforce? Not being able to benefit from intracompany collaboration?
Well, you’re not alone. Every company that still relies on traditional modes of business management is in the same boat as you. Yes, you heard right. The traditional methods of business management that benefitted your company decades ago are not at all reliable today. Why?
Look around you; everything you see is dependent on technology. Embracing the tech revolution is what will give you a competitive edge in the corporate sector. A way to get ahead of your game by managing your internal business operations and implementing expansion strategies is the integration of the powerpack, ERP and BI.
Enterprise Resource Planning (ERP) combined with Business Intelligence (BI) has proved to work wonders for any business. From streamlining business operations to providing companies actionable insights to make smart decisions, this tech power combo can really serve as a game-changer for you.
Here is how you can benefit by incorporating ERP and BI into your business management model;
● Streamlined business operations
● Adequate utilization of resources
● Saves times and efforts
● Single database to access the entire company’s data
● Access to actionable insights to make better business decisions
Business Intelligence & Reporting are Not the SameHeath Turner
Many customer I have come across, immediately get the concept of Business Intelligence (BI). They understand that if they keep on reporting the way they have, i.e. straight from their ERP system that they are missing the bigger picture.
What is Business intelligence
Core Capabilities of Business Intelligence
Elements of Business Intelligence
Why Companies opt for Business Intelligence
Benefits of Business Intelligence
User of Business Intelligence
Reports of Business Intelligence
Business Application in Extended Enterprise
Business Analytics
Golden Rules for Business Intelligence
5 Stages of Business Intelligence
Role of business intelligence in knowledge managementShakthi Fernando
This study is fundamentally based on the most common components of a Business Intelligence System, data warehouses, ETL tools, OLAP techniques and data mining, which comfort the decision making function. It further describe about the role of each component in a Business Intelligence System and how Business Intelligence Systems can be used for better business decision making at each level of management.
What is BI,Definition, examples, BI industry, Solutions, Evolution, Catogeries, Key Stages of BI, BI significance, BI technologies, tools, future of BI
Business Analytics
Business Intelligence
OLAP
OLTP
BI
BA
architecture of BI
techniques of BI and BA
star schema
online analytical processing
online transactional processing
AI in Business Intelligence Impact use cases and implementationChristopherTHyatt
Data, data everywhere! In the contemporary business landscape, organizations are inundated with a constant stream of data. But without the ability to interpret and analyze this data effectively, it remains just that – data. This is where business intelligence (BI) comes in. As Carly Fiorina aptly stated, “The goal of business intelligence is to turn data into information and information into insight.“Business intelligence tools and strategies enable companies to uncover the latent opportunities hidden within their data, translating it into actionable insights that enhance decision-making processes.
Finding The Best Business Intelligence Tool For Large Datasets.pdfGrow
Data is everywhere and getting crucial by the day. With its rising importance, it’s not far-fetched that finding suitable Business Intelligence software companies can be frustrating. We’ve listed down the top factors which can help you arrive at the dashboard Business Intelligence of your dreams. For more information, Grow.com
Technology-driven process for analyzing data and delivering actionable information that helps executives, managers, and workers make informed business decisions.
How does the business intelligence process work?
A business intelligence architecture includes more than just BI software. Business intelligence data is typically stored in a data warehouse built for an entire organization or in smaller data marts that hold subsets of business information for individual departments and business units, often with ties to an enterprise data warehouse. In addition, data lakes based on Hadoop clusters or other big data systems are increasingly used as repositories or landing pads for BI and analytics data, especially for log files, sensor data, text, and other types of unstructured or semi-structured data.
BI data can include historical information and real-time data gathered from source systems as it’s generated, enabling BI tools to support both strategic and tactical decision-making processes. Before it’s used in BI applications, raw data from different source systems generally must be integrated, consolidated, and cleansed using data integration and data quality management tools to ensure that BI teams and business users are analyzing accurate and consistent information.
From there, the steps in the BI process include the following:
data preparation, in which data sets are organized and modeled for analysis;
analytical querying of the prepared data;
distribution of key performance indicators (KPIs) and other findings to business users; and
use of the information to help influence and drive business decisions.
Initially, BI tools were primarily used by BI and IT professionals who ran queries and produced dashboards and reports for business users. Increasingly, however, business analysts, executives, and workers are using business intelligence platforms themselves, thanks to the development of self-service BI and data discovery tools. Self-service business intelligence environments enable business users to query BI data, create data visualizations, and design dashboards on their own.
BI programs often incorporate forms of advanced analytics, such as data mining, predictive analytics, text mining, statistical analysis, and big data analytics. A common example is predictive modeling which enables what-if analysis of different business scenarios. In most cases, though, advanced analytics projects are conducted by separate teams of data scientists, statisticians, predictive modelers, and other skilled analytics professionals, while BI teams oversee more straightforward querying and analysis of business data.
What is business intelligence (BI)?
It is a tool for transforming data into information and then that information into knowledge using various methodologies. The objective of this process is to optimize the decision-making of the company to the maximum since the acquired knowledge can be used to develop strategic or commercial plans.
Business Intelligence In Cyber Security | Cyberroot Risk AdvisoryCR Group
The business world has changed a lot over years with invasion of internet. Along with change of business, come the risk factors as well. When the course of business functionality has changed, the code of conduct has changed along with as well.
Business Intelligence, Portals, Dashboards and Operational Matrix with ShareP...Optimus BT
Key areas of growth in Business Intelligence with SharePoint | Optimus BT
The business environment has driven organizations to view BI as more than technology with strategy, end user adoption, collaboration, real time predictions, pervasive deployments, and mobile adoptions that allows for intelligent business decision making process while keeping cost and IT expertise at the forefront.
This presentation provides an overview of current state of Business Intelligence, portals and dashboards has been deployed enterprise wide, challenges in the existing deployments and how Business Intelligence can be scaled up to the end users in terms of cross organizational collaboration, business initiatives, data availability, user acceptance and data source integration. Even more, this presentation talks about the trends that drive BI which includes but not limited to predictive & real time analysis, Mobile Business Intelligence and Social BI within the process framework, Social Media Analytics, Self Service BI. Towards the later part of the presentation we talk about the vision of a BI solution to meet business initiatives, and how SharePoint 2010 will be a clear winner in terms of how various platforms stack up. There are few real implementation screens illustrated towards the end w.r.t Sales, financial and decision making portal dashboards.
Optimus BT provides end to end SharePoint Business Intelligence Software Consulting and solution implementation services. Using SQL server integration capabilities and SharePoint excel services our BI solutions bring analytics from data warehouse systems into an intuitive dashboard which helps real time reporting with self service tools. Learn more @ www.optimusbt.com/sharepoint_business_intelligence
Power bi implementation for finance services firmsaddendanalytics
Addend Analytics is a Microsoft Power BI-partner based in Mumbai, India. Apart from being authorized for Power BI implementations, Addend has successfully executed Power BI projects for 100+ clients across sectors like financial services, Banking, Insurance, Retail, Sales, Manufacturing, Real estate, Logistics, and Healthcare in countries like the US, Europe, Australia, and India. Companies partnering with us save their valuable time and efforts of searching and managing resources while saving hugely on the development costs and hence, most of the small and medium enterprises in North America prefer Addend to be their Power BI implementation partner.
4 Concepts of Business Intelligence xLogia.pdfXlogia Tech
The core components of Business Intelligence (BI) encompass data collection, storage, analysis, and presentation. Data is collected from diverse sources, then transformed and stored in a centralized data warehouse or repository. Analysis involves processing data using algorithms, statistical methods, and machine learning to extract insights. Finally, the results are presented through visualizations, dashboards, and reports to facilitate informed decision-making. This cyclical process ensures that organizations can harness data effectively, gaining actionable insights to enhance performance and strategy.
xLogia, BI consulting, business intelligence consultant, power business intelligence, business intelligence platform
1. What are the differences between a DBMS and RDBMS?
2. Explain the terms database and DBMS. Also, mention the different types of DBMS.
3. What are the advantages of DBMS?
4. Mention the different languages present in DBMS
5. What do you understand by query optimization?
6. Do we consider NULL values the same as that of blank space or zero?
7. What do you understand by aggregation and atomicity?
8. What are the different levels of abstraction in the DBMS?
9. What is an entity-relationship model?
10. What do you understand by the terms Entity, Entity Type, and Entity Set in DBMS?
11. What are relationships and mention different types of relationships in the DBMS
12. What is concurrency control?
13. What are the ACID properties in DBMS?
14. What is normalization and what are the different types of normalization?
15. What are the different types of keys in the database?
16. What do you understand by correlated subqueries in DBMS?
17. Explain Database partitioning and its importance.
18. What do you understand by functional dependency and transitive dependency in DBMS?
19. What is the difference between two and three-tier architectures?
20. Mention the differences between Unique Key and Primary Key
21. What is a checkpoint in DBMS and when does it occur?
22. Mention the differences between Trigger and Stored Procedures
23. What are the differences between Hash join, Merge join and Nested loops?
24. What do you understand by Proactive, Retroactive and Simultaneous Update?
25. What are indexes? Mention the differences between the clustered and non-clustered index
26. What do you understand by intension and extension?
27. What do you understand by cursor? Mention the different types of cursor A cursor is a database object which helps in manipulating data, row by row and represents a result set.
28. Explain the terms specialization and generalization
29. What do you understand by Data Independence?
30. What are the different integrity rules present in the DBMS?
31. What does Fill Factor concept mean with respect to indexes?
32. What is Index hunting and how does it help in improving query performance?
33. What are the differences between network and hierarchical database model?
34. Explain what is a deadlock and mention how it can be resolved?
35. What are the differences between an exclusive lock and a shared lock?
=>Concept of Governance
=>Risk and Control (GRC) as applicable to IT operational risk
=>Importance of documentation
=>DATA FLOW DIAGRAM for every application
=>Review of changes in the Data flow, reporting, etc.
=>Parameters for review
=>Importance of review on SLA compliance
=>Reporting to IT Strategy committee, Board etc.
Importance of Data - Where to find it, how to store, manipulate, and characterize it
Artificial Intelligence (AI)- Introduction to AI & ML Technologies/ Applications
Machine Learning (ML), Basic Machine Learning algorithms.
Applications of AI & ML in Marketing, Sales, Finance, Operations, Supply Chain
& Human Resources Data Governance
Legal and Ethical Issues
Robotic Process Automation (RPA)
Internet of Things (IoT)
Cloud Computing
What is Data ?
What is Information?
Data Models, Schema and Instances
Components of Database System
What is DBMS ?
Database Languages
Applications of DBMS
Introduction to Databases
Fundamentals of Data Modeling and Database Design
Database Normalization
Types of keys in database management system
Distributed Database
CASE (COMPUTER AIDED SOFTWARE ENGINEERING)
CASE and its Scope
CASE support in software life cycle documentation
project management
Internal Interface
Reverse Software Engineering
Architecture of CASE environment.
SOFTWARE RELIABILITY AND QUALITY ASSURANCE
Reliability issues
Reliability metrics
Reliability growth modeling
Software quality
ISO 9000 certification for software industry
SEI capability maturity model
comparison between ISO and SEI CMM
Software Testing
Different Types of Software Testing
Verification
Validation
Unit Testing
Beta Testing
Alpha Testing
Black Box Testing
White Box testing
Error
Bug
Software Design
Design principles
Problem partitioning
Abstraction
Top down and bottom up-design
Structured approach
Functional versus object oriented approach
Design specifications and verification
Monitoring and control
Cohesiveness
Coupling
Fourth generation techniques
Functional independence
Software Architecture
Transaction and Transform Mapping
SDLC
PDLC
Software Development Life Cycle
Program Development Life Cycle
Iterative model
Advantages of Iterative model
Disadvantages of Iterative model
When to use iterative model
Spiral Model
Advantages of Spiral model
Disadvantages of Spiral model
When to use Spiral model
Role of Management in Software Development
Software Lifecycle Models / Software Development Models
Types of Software development models
Waterfall Model
Features of Waterfall Model
Phase of Waterfall Model
Prototype Model
Advantages of Prototype Model
Disadvantages of Prototype model
V Model
Advantages of V-model
Disadvantages of V-model
When to use the V-model
Incremental Model
ITERATIVE AND INCREMENTAL DEVELOPMENT
INCREMENTAL MODEL LIFE CYCLE
When to use the Incremental model
Rapid Application Development RAD Model
phases in the rapid application development (RAD) model
Advantages of the RAD model
Disadvantages of RAD model
When to use RAD model
Agile Model
Advantages of Agile model
Disadvantages of Agile model
When to use Agile model
Introduction to software engineering
Software products
Why Software is Important?
Software costs
Features of Software?
Software Applications
Software—New Categories
Software Engineering
Importance of Software Engineering
Essential attributes / Characteristics of good software
Software Components
Software Process
Five Activities of a Generic Process framework
Relative Costs of Fixing Software Faults
Software Qualities
Software crisis
Software Development Stages/SDLC
What is Software Verification
Advantages of Software Verification
Advantages of Validation
Cloud Computing
Categories of Cloud Computing
SaaS
PaaS
IaaS
Threads of Cloud Computing
Insurance Challenges
Cloud Solutions
Security of the Insurance Industry
Cloud Solutions
Insurance Security in the Insurance Industry with respect to Indian market
Application Software
Applications Software
Software Types
Task-Oriented Productivity Software
Business Software
Application Software and Ethics
Computers and People
Software:
Systems and Application Software
Identify and briefly describe the functions of the two basic kinds of software
Outline the role of the operating system and identify the features of several popular operating systems
Discuss how application software can support personal, workgroup, and enterprise business objectives
Identify three basic approaches to developing application software and discuss the pros and cons of each
Outline the overall evolution and importance of programming languages and clearly differentiate among the generations of programming languages
Identify several key software issues and trends that have an impact on organizations and individuals
Programming Languages
A formal language for describing computation?
A “user interface” to a computer?
Syntax + semantics?
Compiler, or interpreter, or translator?
A tool to support a programming paradigm?
Number Codes and Registers
2’s complement numbers
Addition and subtraction
Binary coded decimal
Gray codes for binary numbers
ASCII characters
Moving towards hardware
Storing data
Processing data
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The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
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Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
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Model Attribute Check Company Auto PropertyCeline George
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Acetabularia Information For Class 9 .docxvaibhavrinwa19
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June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
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Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
2. Business Intelligence…examples
A hotel franchise uses BI analytical applications to compile statistics on average
occupancy and average room rate to determine revenue generated per room. It also
gathers statistics on market share and data from customer surveys from each hotel to
determine its competitive position in various markets. Such trends can be analyzed
year by year, month by month and day by day, giving the corporation a picture of how
each individual hotel is faring.
A bank bridges a legacy database with departmental databases, giving branch
managers and other users access to BI applications to determine who the most
profitable customers are or which customers they should try to cross-sell new products
to. The use of these tools frees information technology staff from the task of generating
analytical reports for the departments and it gives department personnel autonomous
access to a richer data source.
A telecommunications company maintains a multiterabyte decision-support data
warehouse and uses business intelligence tools and utilities to let users access the data
they need without giving them carte blanche to access hundreds of thousands of
mission-critical records. The tools set boundaries around the data that users can access,
creating data "cubes" that contain only the information that's relevant to a particular
user or group of users.
3. BI Industry Scenario…
Today's exciting BI market is ripe with opportunities to hit your strategic
business targets.
Gaining market share, keeping customers and controlling costs remain key
objectives. Mid-market executives and big corporate department heads rush
to cost effectively meet these complex needs. How? Through improved use of
their existing database systems.
CFOs require 'business intelligence' systems that display accurate SKU or
customer-level P&Ls, permitting reliable channel and store comparisons over
time. Improved forecasts are vital, too!
Data warehousing and analytical skills are combined with an understanding
of industry issues, as we refine and implement your vision.
According to Gartner survey of 1,400 CIOs, business intelligence was ranked
the top technology priority surpassing security.
The BI and analytics market is currently valued at $8.5 Billion and is
expected to grow to $13 Billion over the next five years
4. Business Intelligence (BI)
BI refers to
application and
technology,
which is used
to gather, provide access
to, and analyze
data and information
about the company
operations
5. Business Intelligence Definition
BI is neither a product
nor a system.
It is an architecture and
a collection of
integrated operational
as well as decision-support
applications and databases
that provide the business
community
easy access to business data.
6. BI Popularized…
In 1989
Howard Dresner
a Research Fellow
at Gartner Group
popularized "BI"
as an umbrella term
to describe a set of concepts
and methods to improve
business decision-making
by using fact-based
support systems
13. Key Stages of BI
Data Sourcing
Data Analysis
Situation Awareness
Risk Analysis
Decision Support
14. BI applications and technologies
can help companies analyze:
changing trends in market share
changes in customer behavior
and spending patterns
customers' preferences
company capabilities
market conditions
15. Significance of BI…
To know about Customers
Having access to timely and accurate information
is an important resource for a company,
which can expedite decision-making
and improve customers' experience.
In the competitive customer-service sector,
companies need to have accurate, up-to-date information
on customer preferences,
so that the company can quickly adapt to their changing demands.
BI enables companies to gather information
on the trends in the marketplace and
come up with innovative products or services
in anticipation of customer's changing demands.
16. Significance of BI…
To know about Competitors…Market…
BI applications can also help managers
to be better informed about actions that a company's
competitors are taking.
BI systems can also be designed to provide managers
with information on the state of economic trends
or marketplace factors, or to provide managers
with in depth knowledge about the internal
operations of a business.
17. Significance of BI…
For avoiding Guesswork…
BI can be used to help analysts and managers
determine which adjustments are most likely
to respond to changing trends.
BI systems can help companies develop a more
consistent, data-based decision making process
for business decisions, which can produce better
results than making business decisions by
"guesswork."
18. Significance of BI…
For sharing of information…
BI can help companies share selected strategic information
with business partners.
Some businesses use BI systems
to share information with their suppliers like…..
inventory levels
performance metrics
other supply chain data
19. Significance of BI…
For improving performance…
BI applications can enhance communication among
departments, coordinate activities, and enable
companies to respond more quickly to changes
(e.g., in financial conditions, customer
preferences, supply chain operations, etc.).
When a BI system is well-designed and properly
integrated into a company's processes and
decision-making process, it may be able to
improve a company's performance.
20. BI Technologies
need to have a secure computer system
which can specify different levels of user
access to the data 'warehouse',
need to have sufficient data capacity,
a plan for how long data will be stored
(data retention).
BI analysts have developed software tools
to gather and analyze
large quantities of unstructured data such as
production metrics,
sales statistics,
attendance reports,
customer attrition figures.
21. BI Tools
AQL – Associatede Query Logic
Balanced Scorecard
Business Activity Monitoring
Business Performance Management
Business Planning
Business Process Re-engineering
Competitive Analysis
User/End-User Query and Reporting
Enterprise Management System
Executive Information System
SCM – Supply Chain Management
Demand Chain Management
and
Finance and Budgeting tools.
22. Other BI applications are used
to store and analyze data
Data Mining, Framing & Warehousing
(DSS) and Forecasting
Document Warehouse & Manage,ment
Knowledge Management
Mapping,
Information Visualisation and Dashboarding;
Management Information System (MIS);
Geographic Information System (GIS);
Trend Analysis;
Software As A Service (SaaS)
Business Intelligence offerings (On Demand)
Online Analytical Processing (OLAP) and
Multidimensional analysis
sometimes called "Analytics"
(based on the "hypercube" or "cube");
Real Time Business Intelligence
Statastics and Technical Data Analysis
Web Mining, Text Mining and
Systems Intelligence
23. Other BI applications are used
to analyze or manage the
"human" side of businesses,
Customer Relationship
Management (CRM)
Marketing Tools
Human Resources
applications.
Web Personalisatiuon
24. Some common factors of
ill-equipped organizations to implement BI…
Lack of understanding of the complexity of BI decision-
support projects
Lack of recognizing BI decision-support projects as
cross-organizational business initiatives and not
understanding that cross-organizational initiatives are
different from stand-alone solutions
Unavailable or unwilling business representatives
Unengaged business sponsors or business sponsors who
have little or no authority due to their low-level positions
within the organization
25. Some common factors of
ill-equipped organizations to implement BI…
Lack of skilled and available staff as well as suboptimum staff
utilization
Inappropriate project team structure and dynamics
No software release concept (no iterative development method)
No work breakdown structure (no methodology)
Ineffective project management (only project administration)
No business analysis and no standardization activities
No appreciation of the impact of dirty data on business profitability
No understanding of the necessity for and the usage of meta data
Too much reliance on disparate methods and tools (the "silver bullet"
syndrome)
26. Designing and implementing a
Business Intelligence Program
Factors need to be considered
Goal Alignment queries
Baseline queries
Cost and risk queries
Customer and Stakeholder queries
Metrics-related queries
Measurement Methodology-
related queries
Results-related queries
27. The Future of BI…
BI users are beginning to demand
[Real time BI] or near real time
analysis relating to their business,
particularly in front line operations.
They will come to expect up to date and fresh
information in the same fashion as they
monitor stock quotes online.
Monthly and even weekly analysis
will not suffice
28. The Future of BI…
"Business users
don't want to wait for information.
Information needs to be always on
and never out of date.
This is the way we live our lives today.
Why should Business Intelligence be any
different?"
Charles Nicholls,
CEO of SeeWhy, a Software company,
Windsor UK
29. The Future of BI…
In the not too distant future companies
will become dependent on real time
business information in much the
same fashion as people come to
expect to get information on the
internet in just one or two clicks.
"This instant "Internet experience"
will create the new framework for
business intelligence, but business
processes will have to change to
accommodate and exploit the real-
time flows of business data."
Nigel Stokes, CEO, DataMirror Corp.
30. BI 2.0
“BI 2.0" is the recently-coined
term which is part of the
continually developing BI
industry and heralds the next
step for BI.
“BI 2.0" is used to describe
the acquisition, provision
and analysis of
"real time" data.
31. "Real Time BI - Get Real"
"The mismatch between fantasy and reality
is driven by two factors.
The first is that business rules and structures
(general ledgers, product classification,
asset hierarchies, etc.) are not in fact
uniform, but are spread out among many
disparate transaction system
implementations...
The second problem is that the landscape of
business structures is itself in constant
flux, as groups reorganize, subsidiaries
are sold or new companies acquired".
…Veteran Analyst… Andy Hayler…
32. "Real Time BI…a pipe dream”
As long as Business Intelligence relies upon
some kind of data warehouse structure
(including web-based virtual data
"warehouses"), data will have to be
converted into "a lowest common
denominator consistent set."
When it comes to dealing with multiple,
disparate data sources and the
constantly changing, often volatile,
business environment which requires
tweaking and restructuring of IT
systems, getting BI data in a genuinely
true, "real time" format remains,
"a pipe dream.....Hayler