3341999
Business Intelligence
- Definition
- refers to skills, processes,
technologies, applications
and practices used to
support decision making.
- refers to skills, processes,
technologies, applications
and practices used to
support decision making.
- Stages: Cyclic Process
- Planning and Direction Stage
- Identify data and deliver a
intelligent product
- Collection Stage
- Gathering raw info.
- Processing Stage
- Converts info. into a
usable form
- Analysis Stage
- It includes integrating, evaluating,
analyzing all available data and
preparing intelligence products.
- Dissemination Stage
- Distribution of the finished
intelligence to the consumers.
- Distribution of the finished
intelligence to the consumers.
- It includes integrating, evaluating,
analyzing all available data and
preparing intelligence products.
- Converts info. into a
usable form
- Gathering raw info.
- Identify data and deliver a
intelligent product
- Planning and Direction Stage
- Main Technologies
- Data Storage and Management
- Data Warehousing
- Ad. Hoc Analysis
- Data Mining
- Data Quality
- Data Quality
- Data Mining
- Ad. Hoc Analysis
- Data Warehousing
- Information Delivery
- Scorecards
- Dashboards
- Managed Reporting
- Collaboration
- Collaboration
- Managed Reporting
- Dashboards
- Scorecards
- Query, Reporting & Analysis
- OLAP Analysis
- Production Reporting
- OLAP Analysis
- Data Storage and Management
- Importance to organizations
- Improves Management Process
- Improve Operational Process
- Predict the future
- Improves Management Process
- Organizations and BI
- Large enterprises
- BI technology has advanced, deployment,
licensing, and support options have
increased making it more affordable for
small and midsized organizations
- Large enterprises
- Example
- Restaurant chains such as Wendy’s,
are heavy users of BI software.
- They use BI to make strategic decisions, such as what
new products to add to their menus, which dishes to
remove and which underperforming stores to close.
- They also use BI for tactical matters such as renegotiating
contracts with food suppliers and identifying
opportunities to improve inefficient processes.
- Because restaurant chains are so
operations-driven, and because BI is so
central to helping them run their businesses
- Because restaurant chains are so
operations-driven, and because BI is so
central to helping them run their businesses
- They also use BI for tactical matters such as renegotiating
contracts with food suppliers and identifying
opportunities to improve inefficient processes.
- They use BI to make strategic decisions, such as what
new products to add to their menus, which dishes to
remove and which underperforming stores to close.
- Restaurant chains such as Wendy’s,
are heavy users of BI software.
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