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An Overview of Business Intelligence Technology. Business intelligence (BI) software is a collection of decision support technologies for the enterprise aimed at enabling knowledge workers such as executives, managers, and analysts to make better and faster decisions. Take a look on Business Intelligence Process and History!
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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 www.vibloo.com/Business-intelligence Skype Id: info.viblooEmail: info@Vibloo.comUSA: +1-248-809-1418 IND: +91-40-3296-5222
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 • 2010-2013: SaaS BI growth +22%History www.vibloo.com/Business-intelligence Skype Id: info.viblooEmail: info@Vibloo.comUSA: +1-248-809-1418 IND: +91-40-3296-5222
Evolution of Business Semantics User Evolution Analytics Performance Management Business Intelligence Data Warehousing Vendor Evolution 2010 2000 1990 www.vibloo.com/Business-intelligence Skype Id: info.viblooEmail: info@Vibloo.comUSA: +1-248-809-1418 IND: +91-40-3296-5222
Business Intelligence Process Decision Making Data Visualization Data Mining Data Exploration Data Warehouse Data Sources www.vibloo.com/Business-intelligence Skype Id: info.viblooEmail: info@Vibloo.comUSA: +1-248-809-1418 IND: +91-40-3296-5222
Business Intelligence Components www.vibloo.com/Business-intelligence Skype Id: info.viblooEmail: info@Vibloo.comUSA: +1-248-809-1418 IND: +91-40-3296-5222
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 www.vibloo.com/Business-intelligence Skype Id: info.viblooEmail: info@Vibloo.comUSA: +1-248-809-1418 IND: +91-40-3296-5222
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 www.vibloo.com/Business-intelligence Skype Id: info.viblooEmail: info@Vibloo.comUSA: +1-248-809-1418 IND: +91-40-3296-5222
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 www.vibloo.com/Business-intelligence Skype Id: info.viblooEmail: info@Vibloo.comUSA: +1-248-809-1418 IND: +91-40-3296-5222
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 Data Mining 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 • Involves Anomaly Detection • Clustering • Classification • Regression • Summarization Before data mining algorithms can be used, a target data set must be assembled www.vibloo.com/Business-intelligence Skype Id: info.viblooEmail: info@Vibloo.comUSA: +1-248-809-1418 IND: +91-40-3296-5222
Business Intelligence Layers • Presentation Layer • Reporting • Analysis • Presentation Layer • Dara Warehouse 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 • Finance Dept, HR Dept. • Presentation Layer • CRM • OS • Excel www.vibloo.com/Business-intelligence Skype Id: info.viblooEmail: info@Vibloo.comUSA: +1-248-809-1418 IND: +91-40-3296-5222