BI Presentation
BI Presentation
BI Presentation
Intelligence
(BI)
Business Intelligence…examples
A hotel franchise uses BI analytical applications to compile statistics on average
occupancy and average room rate to determine revenue generated per room. It also
gathers statistics on market share and data from customer surveys from each hotel to
determine its competitive position in various markets. Such trends can be analyzed year
by year, month by month and day by day, giving the corporation a picture of how each
individual hotel is faring.
A bank bridges a legacy database with departmental databases, giving branch
managers and other users access to BI applications to determine who the most
profitable customers are or which customers they should try to cross-sell new products
to. The use of these tools frees information technology staff from the task of generating
analytical reports for the departments and it gives department personnel autonomous
access to a richer data source.
A telecommunications company maintains a multiterabyte decision-support data
warehouse and uses business intelligence tools and utilities to let users access the data
they need without giving them carte blanche to access hundreds of thousands of
mission-critical records. The tools set boundaries around the data that users can access,
creating data "cubes" that contain only the information that's relevant to a particular
user or group of users.
BI Industry Scenario…
Today's exciting BI market is ripe with opportunities to hit your strategic
business targets.
Gaining market share, keeping customers and controlling costs remain key
objectives. Mid-market executives and big corporate department heads rush
to cost effectively meet these complex needs. How? Through improved use
of their existing database systems.
CFOs require 'business intelligence' systems that display accurate Stock
keeping unit or customer-level P&Ls, permitting reliable channel and store
comparisons over time. Improved forecasts are vital, too!
Data warehousing and analytical skills are combined with an understanding
of industry issues, as we refine and implement your vision.
According to Gartner survey of 1,400 CIOs, business intelligence was ranked
the top technology priority surpassing security.
The BI and analytics market is currently valued at $8.5 Billion and is
expected to grow to $13 Billion over the next five years
Business Intelligence (BI)
BI refers to
application and
technology,
which is used
to gather, provide access
to, and analyze
data and information
about the company
operations
Business Intelligence Definition
BI is neither a product
nor a system.
It is an architecture and
a collection of
integrated operational
as well as decision-support
applications and databases
that provide the business
community
easy access to business data.
BI Popularized…
In 1989
Howard Dresner
a Research Fellow
at Gartner Group
popularized "BI"
as an umbrella term
to describe a set of concepts
and methods to improve
business decision-making
by using fact-based
support systems
Why BI solutions ?
More data and data sources…
Evolution from Static Report to BI…
Evolution of financial Systems…
Categories of Report Writers
Sources of Information for Vendor
& Product Research
Key Stages of BI
Data Sourcing
Data Analysis
Situation Awareness
Risk Analysis
Decision Support
BI applications and technologies
can help companies analyze:
changing trends in market share
customers' preferences
company capabilities
market conditions
Significance of BI…
To know about Customers
Having access to timely and accurate information
is an important resource for a company,
which can expedite decision-making
and improve customers' experience.
inventory levels
performance metrics
other supply chain data
Significance of BI…
For improving performance…
BI applications can enhance communication among
departments, coordinate activities, and enable
companies to respond more quickly to changes
(e.g., in financial conditions, customer
preferences, supply chain operations, etc.).
production metrics,
sales statistics,
attendance reports,
customer attrition figures.
BI Tools
AQL – Associatede Query Logic
Balanced Scorecard
Business Activity Monitoring
Business Performance Management
Business Planning
Business Process Re-engineering
Competitive Analysis
User/End-User Query and Reporting
Enterprise Management System
Executive Information System
SCM – Supply Chain Management
Demand Chain Management
and
Finance and Budgeting tools.
Other BI applications are used
to store and analyze data
Data Mining, Framing & Warehousing
(DSS) and Forecasting
Document Warehouse & Manage,ment
Knowledge Management
Mapping,
Information Visualisation and Dashboarding;
Management Information System (MIS);
Geographic Information System (GIS);
Trend Analysis;
Software As A Service (SaaS)
Business Intelligence offerings (On Demand)
Online Analytical Processing (OLAP) and
Multidimensional analysis
sometimes called "Analytics"
(based on the "hypercube" or "cube");
Real Time Business Intelligence
Statastics and Technical Data Analysis
Web Mining, Text Mining and
Systems Intelligence
Other BI applications are used
to analyze or manage the
"human" side of businesses,
Customer Relationship
Management (CRM)
Marketing Tools
Human Resources
applications.
Web Personalisatiuon
Some common factors of
ill-equipped organizations to implement BI…
Charles Nicholls,
CEO of SeeWhy, a Software company,
Windsor UK
The Future of BI…
Piyush Mehta
piyush@maia-intelligence.com
1KEY – Data 2 Decision
Does your IT Infrastructure keep up with the changing needs and demand?
Does your IT system help to provide business transformation and leadership?
Do your organisation not dependent on spreadsheets for mass reporting?
Don’t you feel at the mid-sea of database without direction to get useful
information out of that?
Does your Organisation mass reporting system work at the speed of
thoughts?
Do your technology capable of creating magic?