Business Intelligence : Turning Information into a Strategic Asset
Keywords:
Data Integration, Data Management, Analytics, ETL, BlAbstract
Bl is about putting the vast information resources to tiuman intelligence. It is about the way people and organizations think, and the technology solutions they can use to understand their operating environment, processes, products and customers. It enables them with forward-looking insights like how an impact on supply chain can affect financial planning, human resource and other important factors. It presents a comprehensive view of the status of each measurable element of a company including its past and present trends and builds insight into the cause and effect associated with every change and thus develops projection of future trends. Bl is an end-to-end process spanning Data Integration, Data Management, Analytics, and Reporting that collectively makeup a comprehensive Bl environment. Bl Enables businesses with better faster decisions, helps increase profitability and Improves employee reporting and accountability thus facilitating instantaneous analysis with Parametric Graphical Analysis of vast databases and worksheets without any programming.
Some of the challenges of Bl are To integrate and manage activities, improve productivity and forecast profitability. To monitor highly competitive and constantly changing market, To make efficient use of available data to perform In-depth analyses, To standardize criteria for data analysis, To provide advanced functionality to customers in competitive market and To integrate and manage activities, improve productivity and forecast profitability.
Some of the Benefits of Bl are Lower operating and maintenance costs. Improve customer satisfaction through providing additional functions for better efficiency. More efficient use of data. Capacity to quickly, meet new information requirements. User independence without impairing data clarity and precision. Better ability to compete in the market place with pricing based on hard facts and Increase profitability, better customer and employee satisfaction.
Downloads
Published
Issue
Section
License
It is herein agreed that:
1.I/We will not publish above said contribution anywhere else without the prior written permission of the publisher unless it has been changed substantially.
2.I/ We declare and warrant that the shared contribution is original, excerpts for such excerpts from copyrighted works as may be included with the permission of the copyright holder and author thereof, that it contains no libelous statements, and does not infringe on any copyright, trademark, patent, statutory right, proprietary right of others. The author signs for and accepts responsibility for releasing this material on behalf of any and all co-authors.
3.The author also warrants that he/ she has the right to enter into this agreement, the research paper/ book review/ articlecontains no libelous or unlawful statements, contains no instructions that may cause harm or injury and does not violate the copyright or trademark, or infringes on the right or the privacy or others; and that all statements in the article asserted as facts are either true or are based upon reasonable research.
4.I/ We agree to indemnify the Editors of IMR against all claims and expenses arising from any breach of warranty from me/us in this agreement.
References
www.oracle.com
www.sas.com
www.businessobjects.com
