“Operating a business
based on intuition instead
of data is like taking a
cross country road trip
with a broken
speedometer.”
By Erandika Lakmali
Introduction to Business Intelligence (BI)
“Business Intelligence (BI) is a strategic approach to transforming raw data into actionable
insights, enabling organizations to make informed decisions. It encompasses a set of
technologies, processes, and tools that play a crucial role in the decision-making processes
of modern businesses.”
Facilitates
Informed Decision-Making
Helps to Gain
Competitive Advantage
Enhance
Efficiency & Productivity
By Erandika Lakmali
Data Mining Artificial Intelligence (AI)
Key Factors
in
Business Intelligence
Visualization Expert Knowledge
By Erandika Lakmali
Synergizing Forces:
Unveiling the Power of Data
Mining, AI, Visualization,
and Expert Knowledge in
Crafting Intelligent BI
Systems
G.D.Erandika Lakmali
By Erandika Lakmali
Synergy of Factors in
Intelligent BI
By Erandika Lakmali
Visualization
Extracting Valuable
Insights from Raw Data
Integration of
AI Algorithms
Enabling Adaptive Learning
and Real-time Decision-
making
Enhancing the
Understanding,
Relevance, and
Accuracy of Insights
Derived
Raw Data
Domain-specific
Expertise
Contextual Output
for
Decision-Making
Data Mining
Translating Analytical
Findings into Visually
Intuitive
Representations
Intelligent
BI
System
By Erandika Lakmali
Real-World Examples
By Erandika Lakmali
By Erandika Lakmali
Starbucks: Brewing
Success with Intelligent BI
Data Mining for Store Location Strategies
o Starbucks utilizes data mining to analyze;
• Consumer Demographics
• Population Density and Income Levels
• Traffic Patterns and Public Transport Hubs
o This comprehensive analysis guides strategic
decisions for selecting successful store locations
Benefits:
o Informed Decision-Making: Data-driven insights
enhance ability to make informed decisions about
where to open new stores
o Operational Efficiency: Efficiently placing stores based
on data analysis contributes to operational success
By Erandika Lakmali
Starbucks: Brewing
Success with Intelligent BI
AI in Customizing Marketing Strategies
o Starbucks leverages AI algorithms to customize
marketing campaigns based on regional preferences and
weather conditions
o Example:
• “Summertide - grab a Frappuccino” promotion during
a heatwave in Memphis
Benefits:
o Targeted Promotions: AI-driven customization ensures
promotional efforts align with local preferences and
events
o Increased Engagement: Dynamic campaigns capture
local market interests, leading to increased customer
engagement
By Erandika Lakmali
Starbucks: Brewing
Success with Intelligent BI
Visualization for Consumer Insights
o Starbucks employs visualization tools to interpret data
gathered from loyalty programs like “My Starbucks
Rewards”
o Visualization aids in understanding consumer
behavior, preferences, and usage patterns
Benefits:
o Personalized Offers: BI-driven visualizations enable
Starbucks to generate tailored customer offers during
peak purchasing times
o Enhanced Customer Experience: Visualization tools
contribute to a more personalized and engaging
customer experience By Erandika Lakmali
Starbucks: Brewing
Success with Intelligent BI
Infusing Domain Expertise for Menu
Customization
o Starbucks infuses domain expertise to customize
menus based on regional preferences and cultural
nuances
o Example:
• “Starbucks evenings” introduced in areas with high
alcohol consumption
Benefits:
o Cultural Sensitivity: Expertise-driven menu adaptations
showcase Starbucks' cultural sensitivity and
responsiveness
o Increased Sales: Aligning with local preferences results
in increased sales and customer satisfaction
By Erandika Lakmali
Starbucks: Brewing
Success with Intelligent BI
AI & Data Analytics in Supply Chain
Optimization
o Data-driven inventory management ensures stock
aligns with customer preferences
o Starbucks uses AI to optimize order fulfillment,
reducing wait times & enhancing the overall customer
experience
Benefits:
o Cost Savings: AI-driven supply chain optimization
results in significant cost savings through waste
reduction
o Improved Customer Experience: AI in order fulfillment
reduces wait times, enhancing the overall customer
experience
By Erandika Lakmali
Thank You !
By Erandika Lakmali

Synergizing Forces Unveiling the Power of Data Mining, AI, Visualization, and Expert Knowledge in Crafting Intelligent BI Syst.pptx

  • 1.
    “Operating a business basedon intuition instead of data is like taking a cross country road trip with a broken speedometer.” By Erandika Lakmali
  • 2.
    Introduction to BusinessIntelligence (BI) “Business Intelligence (BI) is a strategic approach to transforming raw data into actionable insights, enabling organizations to make informed decisions. It encompasses a set of technologies, processes, and tools that play a crucial role in the decision-making processes of modern businesses.” Facilitates Informed Decision-Making Helps to Gain Competitive Advantage Enhance Efficiency & Productivity By Erandika Lakmali
  • 3.
    Data Mining ArtificialIntelligence (AI) Key Factors in Business Intelligence Visualization Expert Knowledge By Erandika Lakmali
  • 4.
    Synergizing Forces: Unveiling thePower of Data Mining, AI, Visualization, and Expert Knowledge in Crafting Intelligent BI Systems G.D.Erandika Lakmali By Erandika Lakmali
  • 5.
    Synergy of Factorsin Intelligent BI By Erandika Lakmali
  • 6.
    Visualization Extracting Valuable Insights fromRaw Data Integration of AI Algorithms Enabling Adaptive Learning and Real-time Decision- making Enhancing the Understanding, Relevance, and Accuracy of Insights Derived Raw Data Domain-specific Expertise Contextual Output for Decision-Making Data Mining Translating Analytical Findings into Visually Intuitive Representations Intelligent BI System By Erandika Lakmali
  • 7.
  • 8.
  • 9.
    Starbucks: Brewing Success withIntelligent BI Data Mining for Store Location Strategies o Starbucks utilizes data mining to analyze; • Consumer Demographics • Population Density and Income Levels • Traffic Patterns and Public Transport Hubs o This comprehensive analysis guides strategic decisions for selecting successful store locations Benefits: o Informed Decision-Making: Data-driven insights enhance ability to make informed decisions about where to open new stores o Operational Efficiency: Efficiently placing stores based on data analysis contributes to operational success By Erandika Lakmali
  • 10.
    Starbucks: Brewing Success withIntelligent BI AI in Customizing Marketing Strategies o Starbucks leverages AI algorithms to customize marketing campaigns based on regional preferences and weather conditions o Example: • “Summertide - grab a Frappuccino” promotion during a heatwave in Memphis Benefits: o Targeted Promotions: AI-driven customization ensures promotional efforts align with local preferences and events o Increased Engagement: Dynamic campaigns capture local market interests, leading to increased customer engagement By Erandika Lakmali
  • 11.
    Starbucks: Brewing Success withIntelligent BI Visualization for Consumer Insights o Starbucks employs visualization tools to interpret data gathered from loyalty programs like “My Starbucks Rewards” o Visualization aids in understanding consumer behavior, preferences, and usage patterns Benefits: o Personalized Offers: BI-driven visualizations enable Starbucks to generate tailored customer offers during peak purchasing times o Enhanced Customer Experience: Visualization tools contribute to a more personalized and engaging customer experience By Erandika Lakmali
  • 12.
    Starbucks: Brewing Success withIntelligent BI Infusing Domain Expertise for Menu Customization o Starbucks infuses domain expertise to customize menus based on regional preferences and cultural nuances o Example: • “Starbucks evenings” introduced in areas with high alcohol consumption Benefits: o Cultural Sensitivity: Expertise-driven menu adaptations showcase Starbucks' cultural sensitivity and responsiveness o Increased Sales: Aligning with local preferences results in increased sales and customer satisfaction By Erandika Lakmali
  • 13.
    Starbucks: Brewing Success withIntelligent BI AI & Data Analytics in Supply Chain Optimization o Data-driven inventory management ensures stock aligns with customer preferences o Starbucks uses AI to optimize order fulfillment, reducing wait times & enhancing the overall customer experience Benefits: o Cost Savings: AI-driven supply chain optimization results in significant cost savings through waste reduction o Improved Customer Experience: AI in order fulfillment reduces wait times, enhancing the overall customer experience By Erandika Lakmali
  • 14.
    Thank You ! ByErandika Lakmali

Editor's Notes

  • #2 In the past, making key decisions without enough data was like making bets in a casino. You never knew how it would end. Even if you guessed correctly, you could never really understand the reasons behind it. But with the integration of BI within the businesses
  • #3 Informed Decision-Making: BI provides organizations with the ability to analyze historical and current data, facilitating informed decision-making. Competitive Advantage: by identifying market trends, customer preferences, and areas for improvement. Efficiency and Productivity: BI systems streamline data analysis, reducing the time and effort required to extract meaningful insights, thus enhancing overall operational efficiency.
  • #4 As we delve into the presentation, we will explore how the synergy of these key factors contributes to the development of Intelligent Business Intelligence systems.
  • #6 BI systems collect data and turn it into insights about what’s going on in your business. That helps executives identify trends and come up with solutions more quickly and efficiently than ever before.
  • #7 Conceptual framework - showing the interplay of these factors in an Intelligent BI system Data Mining: Uncovering patterns and relationships within large datasets Artificial Intelligence (AI): (re-train models) adapt, and automate decision-making processes, providing a dynamic and intelligent approach to data analysis. Visualization: Visual representation of data through charts, graphs, and dashboards enhances comprehension, making complex information more accessible to a broader audience. Expert Knowledge: Infusing BI systems with domain-specific expertise ensures a nuanced understanding of data, improving the relevance and accuracy of insights.
  • #10 Starbucks seamlessly integrates data mining, AI, visualization, and domain expertise within their BI systems, showcasing how a holistic approach to business intelligence can drive success across various aspects of their operations.
  • #11 Starbucks seamlessly integrates data mining, AI, visualization, and domain expertise within their BI systems, showcasing how a holistic approach to business intelligence can drive success across various aspects of their operations.
  • #12 Starbucks seamlessly integrates data mining, AI, visualization, and domain expertise within their BI systems, showcasing how a holistic approach to business intelligence can drive success across various aspects of their operations.
  • #13 Starbucks seamlessly integrates data mining, AI, visualization, and domain expertise within their BI systems, showcasing how a holistic approach to business intelligence can drive success across various aspects of their operations.
  • #14 Starbucks employs AI and data analytics to optimize the supply chain, reducing waste and improving efficiency