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    Buisness Intelligence

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    sanjivrmenon
    This document discusses the current state and future of business intelligence (BI). It defines BI as enhancing data into information and knowledge to gain a competitive advantage. Currently, BI relies on non-real-time data and is often reactive rather than proactive. However, the future of BI is predicted to be increasingly real-time, proactive, and pervasive. Real-time BI will bypass data warehouses and use in-memory processing or grid computing. Proactive BI will use machine learning to detect issues early and push alerts. Pervasive BI will provide common access from CEOs to store managers and identify best practices.

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    Buisness Intelligence

    Uploaded by

    sanjivrmenon
    89 views23 pages
    This document discusses the current state and future of business intelligence (BI). It defines BI as enhancing data into information and knowledge to gain a competitive advantage. Currently, BI relies on non-real-time data and is often reactive rather than proactive. However, the future of BI is predicted to be increasingly real-time, proactive, and pervasive. Real-time BI will bypass data warehouses and use in-memory processing or grid computing. Proactive BI will use machine learning to detect issues early and push alerts. Pervasive BI will provide common access from CEOs to store managers and identify best practices.

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    This document discusses the current state and future of business intelligence (BI). It defines BI as enhancing data into information and knowledge to gain a competitive advantage. Currently, BI relies on non-real-time data and is often reactive rather than proactive. However, the future of BI is predicted to be increasingly real-time, proactive, and pervasive. Real-time BI will bypass data warehouses and use in-memory processing or grid computing. Proactive BI will use machine learning to detect issues early and push alerts. Pervasive BI will provide common access from CEOs to store managers and identify best practices.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    89 views23 pages

    Buisness Intelligence

    Uploaded by

    sanjivrmenon
    This document discusses the current state and future of business intelligence (BI). It defines BI as enhancing data into information and knowledge to gain a competitive advantage. Currently, BI relies on non-real-time data and is often reactive rather than proactive. However, the future of BI is predicted to be increasingly real-time, proactive, and pervasive. Real-time BI will bypass data warehouses and use in-memory processing or grid computing. Proactive BI will use machine learning to detect issues early and push alerts. Pervasive BI will provide common access from CEOs to store managers and identify best practices.

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    ISRC Technology Briefing October 26, 2006 Henry Yan

    Agenda
    What is business intelligence (BI) Current status of BI Future of BI Conclusions Q&A

    Definition
    The process of gathering information in the field of business. It can be described as the process of enhancing data into information and then into knowledge. Business intelligence is carried out to gain sustainable competitive advantage, and is a valuable core competence in some instances.

    en.wikipedia.org/wiki/Business_intelligence

    Elements of BI
    Users Tools Warehouse Extract Data Sources

    Source: www.kairon.com

    A Failure of Business Intelligence


    An energy companys BI system:
    Oracle data warehouse & ETL, Hyperion Brio

    Natural Gas price skyrocketed during Katrina & Rita, resulting in loss of millions because
    Historic data from DW fail to reveal the change Let alone generate alerts to analyst & management Small BI audience limits information dissemination

    Moral of the case:


    Current BI may not be up to the task for time-sensitive analysis and decision-making

    BI Can Fail Because it is Often


    Reliant on non Real-time data

    Reactive rather than proactive


    Summarizing past rather than looking forward

    Esoteric
    Employees with necessary business and technical skills are rare

    Future BIs will be increasingly


    Real-time Proactive Pervasive

    BI will be Real-time or Near Real-time

    Source: Gartner Survey of 540 organizations

    For Example

    Wisconsin-based energy services provider Serving 1.5 million customers in the Mid-West

    Source: Computerworld, September 18, 2006 and www.alliantenergy.com

    For Example

    BI system generates financial reports in an hour Previously took up to 3 days

    Faster access allowed officials to quickly spot accounts receivable problems


    Source: Computerworld, September 18, 2006 and www.alliantenergy.com

    Making BI Real-time by
    Bypassing historic repository for time-sensitive analysis

    Source: Stephen Swoyer, Athens, GA

    Making BI Real-time by
    64-bit in-memory processing
    stores time-sensitive data in the servers RAM rather than a data warehouse

    Source: Stephen Swoyer, Athens, GA

    Making BI Real-time by

    Grid computing
    Multiple SAS instances running in parallel to process terabytes of data. Execution time down 95%

    Source: Stephen Swoyer, Athens, GA

    BI Will be Proactive
    Blue Cross Blue Shield provider uses its SAS BI to detect health insurance fraud. Recovered millions of dollars through extensive litigation procedures.
    Source: https://www.highmark.com

    BI Will be Proactive
    Planned BI will detect insurance abuse earlier
    identify abnormalities prior to the money going out the door "

    Source: https://www.highmark.com

    Making BI Proactive by Analogy


    E.g., Intelligence in DBMS

    Push messages to Database Administrator (DBA) BI: push + escalation alert people to issues early
    Dynamically reconfigure resources based on loads BI: eliminate issues before damage done

    Making BI Proactive by Analogy


    E.g., Intelligent agents on Internet Track and learn viewers browsing patterns and later automatically suggest potential interests BI: machine learning liberates analysts from repetitive work and focus them on critical issues

    BI Will be Pervasive

    Outdoor specialty retailer in NH BI provides common view to everyone From CEO to store managers
    Source: http://www.ems.com/ and computerworld, september 18, 2006

    BI Will be Pervasive

    Pervasive access has enabled them to identify locally successful sales tactics and formulate company-wide operation strategy

    It has recently reported 73% increase of sales thanks to its pervasive BI system
    Source: http://www.ems.com/ and computerworld, september 18, 2006

    Making BI Pervasive by Pervasiveness of use interface


    Mobile device Large-scale deployment in office Web-based, Service-oriented architecture Open-source to cut cost Piggyback on office productivity software Data Visualization

    Conclusions
    BI anticipated to be a top IT spending priority due to CEOs desire to gain competitive advantage. Spending can be justified if BI provides compelling returns via
    real-time or near real-time proactive pervasive

    Questions Comments Observations

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