WHAT IS BUSINESS INTELLIGENCE

Post date: Jun 16, 2013 11:55:11 AM

WHAT IS BUSINESS INTELLIGENCE

Software applications used in spotting, analysing, reporting business data. Also provides access to data which can be used in day to day operation, integrating data into logical business areas, websites dashboards. Provide historical current predictive views of business data.

Enables companies to make informed decision in business areas where data has been identified weaknesses or threats or potential investment.

Business intelligence is made up of activities, data mining, online analytical processing reporting, chart building, data warehousing management and design.

BUSINESS INTELLIGENCE Software used:

SAP / ORACLE / MICROFT SQL SERVER / PIVOTPOINT EXCELL / IBM COGNOS

Main Companies: SAS, MICRO STTRATEGY, INFORMATICA

Processing data:

  • Online transactional processing

  • Online analytical processing

The benefits of business intelligence:

  • Business intelligence GIVES US THE POWER TO PROVIDE DIFFERENT VEIWS OF DATA IN A SINGLE DASHBOARD, PREDICTIONS CAN BE MADE, DATA CAN BE EXPLORED OVER TIME:

  • BUSINESS INTELLIGENCE ALLOWS US TO USE TOOLS TO TURN DATA INTO INFORMATION TO SUPPORT DECSIONS.

  • BUSINESS INTELLIGENCE IS ABOUT DECISION MAKING.

WHAT ARE THE KEY FACTORS DRIVING BI.

  • Exploding data volumes

  • Increasing complicated decisions

  • Need for quick reflexes

  • Technological progress

BI Contributions:

  • Operational performance

  • Improvement in customer services

  • Identification of new opportunities in comparator organizations

  • Insights into market trends

Capabilities OF BI

ORGANIZATIONAL MEMORY

INFORMATION INTERGRATION

INSITE CREATION

PRESENTATION