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Unit 2

The document provides an overview of Data Warehousing, explaining its purpose, types, components, and the users who benefit from it. It also covers related concepts such as Knowledge Management, Business Intelligence, OLAP, and the differences between data science and business intelligence. Additionally, the document outlines the importance of analytics in decision-making and the phases of the business analytics process.

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0% found this document useful (0 votes)
20 views5 pages

Unit 2

The document provides an overview of Data Warehousing, explaining its purpose, types, components, and the users who benefit from it. It also covers related concepts such as Knowledge Management, Business Intelligence, OLAP, and the differences between data science and business intelligence. Additionally, the document outlines the importance of analytics in decision-making and the phases of the business analytics process.

Uploaded by

bibincse304
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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UNIT II PART A

1. What is Data warehouse?


A Data Warehousing (DW) is process for collecting and managing data from varied sources
to provide meaningful business insights. A Data warehouse is typically used to connect and
analyze business data from heterogeneous sources. The data warehouse is the core of the BI
system which is built for data analysis and reporting. It is a blend of technologies and
components which aids the strategic use of data. It is electronic storage of a large amount of
information by a business which is designed for query and analysis instead of transaction
processing. It is a process of transforming data into information and making it available to
users in a timely manner to make a difference.
2. How data house works?
A Data Warehouse works as a central repository where information arrives from one or more
data sources. Data flows into a data warehouse from the transactional system and other
relational databases
3. What are the types of Data warehouse?
The three main types of Data Warehouses are
 Enterprise Data Warehouse
 Operational Data Store,
 Data Mart

4. What are the components of Data warehouse?


The Four components of Data Warehouses are
 Load manager
 Warehouse Manager
 Query Manager
 End-user access tools

5. Who needs Data warehouse?


Data warehouse is needed for all types of users like
a) Decision makers who rely on mass amount of data.
b) Users who use customized, complex processes to obtain information from multiple data
sources.
c) It is also used by the people who want simple technology to access the data
d) It also essential for those people who want a systematic approach for making decisions.
e) If the user wants fast performance on a huge amount of data which is an ecessity for
reports, grids or charts, then Data warehouse proves useful.
f) Data warehouse is a first step If we want to discover 'hidden patterns' of data- flows and
Groupings.

6. What is Data warehouse used for?

The most common sectors where Data warehouse is used are Airline, Banking, Health care,
Public Sector, Investment and Insurance Sector, Retail Chain, Tele communication and
Hospital Industry.
7. What are the steps to implement Data warehouse?

The best way to address the business risk associated with a Data warehouse
implementation is to employ a three-prong strategy
1. Enterprise strategy
2. Phased delivery
3. Iterative Prototyping

8. What are the advantages of Data warehouse?


 Data warehouse allows business users to quickly access critical data from
some sources all in one place.
 Data warehouse provides consistent information on various cross-functional
activities. It is also supporting ad-hoc reporting and query.
 Data Warehouse helps to integrate many sources of data to reduce stress on
the production system.
 Data warehouse helps to reduce total turnaround time for analysis and
reporting. Restructuring and Integration make it easier for the user to use for reporting
andanalysis.
 Data warehouse allows users to access critical data from the number of sources in
a single place. Therefore, it saves user's time of retrieving data from multiple sources.
 Data warehouse stores a large amount of historical data. This helps users
to analyze different time periods and trends to make future predictions.

9. What are the disadvantages of Data warehouse?


 Not an ideal option for unstructured data.
 Creation and Implementation of Data Warehouse is surely time confusing affair.
 Data Warehouse can be outdated relatively quickly
 Difficult to make changes in data types and ranges, data source schema,
indexes, and queries.
 The data warehouse may seem easy, but actually, it is too complex for the average
users.
 Despite best efforts at project management, data warehousing project scope will
always increase.
 Sometime warehouse users will develop different business rules.
 Organisations need to spend lots of their resources for training
and Implementation purpose
10. What are the Data warehouse tools?

The most prominent Data warehouse tools are


 Mark Logic
 Oracle
 Amazon Redshift

11. What is Knowledge Management?


Knowledge management is a process of acquiring, generating, accumulating and using
knowledge for the benefit of the organization to enable it to gain a competitive edge for
survival, growth and prosperity in a globalized competitive economy.
12. What are the two types of knowledge Management?
Knowledge is of two types
Explicit:
Explicit knowledge is visible information available in literature, reports, patents, technical
specifications, communication with customers, suppliers, competitors etc. It can be embedded
in rules, systems, policies and procedures etc. of the organization.
Implicit:
Tacit or implicit knowledge is personal knowledge residing in the minds of people as a
result of their personal beliefs, values, perspectives and experience. There is a need for a
learning organization for enhancement, sharing and utilization of tacit knowledge.
13. What are the four kinds of Decision Support Systems?
 Executive support systems (ESS)

 Management information systems (MIS)

 Decision- support systems (DSS)

 Group decision-support systems (GDSS)

14. What is Business Intelligence?


Business Intelligence is a set of processes, architectures, and technologies that convert raw
data into meaningful information that drives profitable business actions. It is a suite of
software and services to transform data into actionable intelligence and knowledge.
Business intelligence combines business analytics, data mining, data visualization, data tools
and infrastructure, and best practices to help organizations make more data-driven decisions.

15. What is OLAP?


OLAP ( online analytical processing) is a software for performing multidimensional analysis
at high speeds on large volumes of data from a data warehouse, data mart, or some other
unified, centralized data store.
16. What are basic Analytic Functions of OLAP?
OLAP cubes enable four basic types of multidimensional data analysis Drill down , Roll-Up,
Slice and Dice, Pivot
17. What is the main difference between OLAP and OLTP?
The main difference between OLAP and OLTP is in the name: OLAP is analytical in
nature, and OLTP is transactional. OLAP tools are designed for multidimensional analysis of
data in a data warehouse, which contains both transactional and historical data. OLTP is
designed to support transaction-oriented applications by processing recent transactions as
quickly and accurately as possible.

18. Who are the four types of BI users?


The four key players who are used Business Intelligence System are The Professional Data
Analyst, The IT users, The head of the company, The Business Users.
19. What is a Data Mart?
A data mart is a subset of the data warehouse. It specially designed for a particular line of
business, such as sales, finance, sales or finance. In an independent data mart, data can be
collected directly from sources.

20. What are the three kinds of data?


Data can be,
1. Structured
2. Semi-structured
3. Unstructured data

21. What is Operational Data Store?

Operational Data Store, which is also called ODS, are nothing but data store required when
neither Data warehouse nor OLTP systems support organizations reporting needs. In ODS, Data
warehouse is refreshed in real time. Hence, it is widely preferred for routine activities like
storing records of the Employees.
22. What are the various tools used to support business analytics?

 SAS Business Analytics (SAS BA)


 QlikView
 Board
 Splunk
 Sisense
 Microstrategy
 KNIME
 Dundas BI.
 Power BI
 Tableau
 Google Analytics

23. What is the difference between data science and business intelligence?
Business Intelligence (BI) and data science are both data-focused processes, but there are
some key differences between the two. In general, business intelligence focuses on analyzing
past events, while data science aims to predict future trends.

24. What is business analytics and business intelligence solutions?


Analytics and business intelligence (ABI) is an umbrella term that includes the
applications, infrastructure and tools, and best practices that enable access to and analysis
of information to improve and optimize decisions and performance.
25. How is business analytics used in decision-making?
Business analytics help organizations to reduce risks. By helping them make the right
decisions based on available data such as customer preferences, trends, and so on, it can help
businesses to curtail short and long-term risk.

26. How does analytics influence decision-making?


Increases consistency. The use of data in decision-making processes ensures that the
business agrees on results. This approach helps people understand how decisions are made.
They can determine the implications of the data being collected and analyzed, and take
appropriate action.

27. What is the process of business analytics?


Business analytics is the process of inspecting the gigantic and motley data sets,
commonly known as “Big Data”, to divulge the varied connections, correlations, trends,
partnerships, customer behavior, statistical patterns, and other meaningful interferences that aid
organizations to make better business decisions.

28. What are the four phases of the business analytics process?
 Descriptive
 Diagnostic
 Predictive
 Prescriptive

29. Why analytics is important in business?


Business analytics help organizations to reduce risks. By helping them make the right
decisions based on available data such as customer preferences, trends, and so on, it can help
businesses to curtail short and long-term risk.

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