Business Intelligence Overview. What is Business Intelligence? Business Intelligence is the processes, technologies, and tools that help us change data.

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Presentation transcript:

Business Intelligence Overview

What is Business Intelligence? Business Intelligence is the processes, technologies, and tools that help us change data into information, information into knowledge and knowledge into plans that guide organization Business Intelligence is a broad category of applications and technologies for gathering, storing, analyzing, and providing access to data to help clients make better business decisions Business Intelligence is a combination of the tools and systems involved in an enterprise's strategic planning that aid in its analysis Skype Id: info.vibloo USA: IND:

History of Business Intelligence? 1958: The 1. use of BI by IBM Researcher Hans Peter Luhn in "A Business Intelligence System“ 1989: Gartner Research - Howard Dresner - "father of BI" – first coined the term as "a broad category of software and solutions forgathering, consolidating, analyzing and providing access to data in away that lets enterprise users make better business decisions“ 1993: Micro Strategy 1. BI SW Product: EIS Toolkit 1997s: BI widely used : SaaS BI growth +22%History Skype Id: info.vibloo USA: IND:

Evolution of Business Semantics User Evolution Vendor Evolution 1990 Data Warehousing 2000 Business Intelligence Performance Management Analytics 2010 Skype Id: info.vibloo USA: IND:

Business Intelligence Process Data Visualization Data Mining Data Warehouse Data Exploration Data Sources Decision Making Skype Id: info.vibloo USA: IND:

Business Intelligence Components Skype Id: info.vibloo USA: IND:

Data Warehouse Data warehousing is the process of constructing and using data warehouses A decision support database that is maintained separately from the organization’s operational database A consistent database source that bring together information from multiple sources for decision support queries Skype Id: info.vibloo USA: IND:

OLTP - Online Transaction Processing Online transaction processing, or OLTP, is a class of information systems that facilitate and manage transaction oriented applications, typically for data entry and retrieval transaction processing Online transaction processing increasingly requires support for transactions that span a network and may include more than on e company. For this reason, new online transaction processing software uses client or server processing and brokering software that allows transactions to run on different computer platforms in a network Skype Id: info.vibloo USA: IND:

OLAP - Online Analytical Processing Online transaction processing, or OLTP, is a class of information systems that facilitate and manage transaction oriented applications, typically for data entry and retrieval transaction processing Online transaction processing increasingly requires support for transactions that span a network and may include more than on e company. For this reason, new online transaction processing software uses client or server processing and brokering software that allows transactions to run on different computer platforms in a network Skype Id: info.vibloo USA: IND:

Data Mining & its Process Data Mining is the computational process of discovering patterns in large data sets involving methods at the intersection of artificial intelligence, machine learning, statistics, and database systems Pre Processing Before data mining algorithms can be used, a target data set must be assembled Data Mining Involves Anomaly Detection Clustering Classification Regression Summarization Result Validation The final step of knowledge discovery from data is to verify that the patterns produced by the data mining algorithms occur in the wider data set Skype Id: info.vibloo USA: IND:

Presentation Layer Reporting Analysis Business Intelligence Layers Presentation Layer Dara Warehouse Presentation Layer Finance Dept, HR Dept. CRM OS Excel The final step of knowledge discovery from data is to verify that the patterns produced by the data mining algorithms occur in the wider data set Skype Id: info.vibloo USA: IND: