Business Intelligence Approaches and Tools

Business Intelligence
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Business Intelligence Approaches and Tools

Created 2 years ago

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Slide Content
  1. Slide 1

    • Business Intelligence Approaches and Tools
  2. Slide 2

    • Agenda
    • The What and Why of Business Intelligence
    • Purpose of the Research
    • Types of Approach
    • Components of Business Intelligence
    • Decision Making Process
    • Visualization in Business Intelligence
    • Issues in Business Intelligence
    • Conclusion
  3. Slide 3

    • What is Business Intelligence?
    • Business Intelligence (BI) is about getting the right information, to the right decision makers, at the right time.
    • BI is an enterprise-wide platform that supports reporting, analysis and decision making.
    • BI leads to:
    • fact-based decision making
    • “single version of the truth”
  4. Slide 4

    • Focus of Business Intelligence
  5. Slide 5

    • Why Business Intelligence?
    • What happened?
    • What is happening?
    • Why did it happen?
    • What will happen?
    • What do I want to happen?
    • Past
    • Present
    • Future
  6. Slide 6

    • Purpose of the Research
    • To understand the major approaches, tools, techniques and solutions which will help us understand how Business Intelligence can improve the growth of an organization in today's challenging environment.
    • Understanding how Business Intelligence helps in providing the right knowledge to the right people at the right time to make smarter decisions.
  7. Slide 7

    • Types of Approaches
    • Managerial approach
    • Managerial approach will focus on improving management decision making.
    • Technical approach
    • Technical approach will focus on tools supporting the processes.
    • Enabling approach
    • Enabling approach will focus on value-added capabilities in support of information.
  8. Slide 8

    • Components of Business Intelligence
    • Components of Business Intelligence
    • OLAP (On-line analytical processing)
    • Real time Business Intelligence
    • Data Warehouse and Data Sources
  9. Slide 9

    • Decision Making Process
    • Data
    • Collecting and Consolidating of Data
    • Information
    • Decision
    • Knowledge
    • Data Drilling
    • Analysis and Reporting
    • Actions taken for the benefits of the organization.
    • Data Warehouse,
    • Databases, etc
    • OLAP, Query language,
    • Adhoc queries.
    • Data-mining.
  10. Slide 10

    • Visualization in Business Intelligence
    • A graphical, animation, or video presentation of data and the results of data analysis.
    • The ability to quickly identify important trends in corporate and market data can provide competitive advantage.
    • Check the magnitude of trends by using predictive models that provide significant business advantages in applications that drive content, transactions, or processes.
  11. Slide 11

    • MS Excel Dashboard
  12. Slide 12

    • More Creative Dashboard
    • Jan 2007
    • Jan 2008
    • Jan 2009
    • Jan 2010
    • Jan 2011
    • Jan 2012
    • Jan 2013
    • Jan 2014
    • Financial Report 2007 - 14
  13. Slide 13

    • Issues in Business Intelligence
    • Approaches in Data Warehousing
    • Analysis of right information
  14. Slide 14

    • Conclusion
    • To remain competitive the organization requires analytically oriented systems that can revolutionize a company’s ability to rediscover and utilize information they already own.
    • Exploring the concepts of BI, its components, phases of BI, Issues in BI, technologies, designing and implementing business intelligence, and various BI techniques.
  15. Slide 15

    • Thank You
    •  “Above all else show the data”
    • -Edward Tufte