Quick Start in Business Intelligence

Nowadays in IT world , we are pretty aware about the term “Business Intelligence”. But what is Business Intelligence, let’s have a pictorial definition about this.

WHAT IS BUSINESS INTELLIGENCE:

WHY BUSINESS INTELLIGENCE

  • Get Deeper insights in business operations
  • Improve productivity and efficiency
  • Informed decision making
  • Improve customer service and satisfaction
  • Streamline budgeting and planning
  • Financial decisions
  • Overall business performance tracking

BI DATA AT DIFFERENT STAGE

FUNCTIONS OF BUSINESS INTELLIGENCE

  • Reporting
  • Online Analytical Processing
  • Data Mining
  • Process Mining
  • Complex event processing
  • Business performance management
  • Predictive Analytics

STAGES OF ANY BI PROJECT

KEY AREAS OF ANY BUSINESS INTELLIGENCE SOLUTION

1.Executive Dashboard
Personalized dashboard delivers KPIs and summary information on a regular and scheduled basis.
2.Map view / visualize data in geographical formats
Exploring and visualizing data sets based on spatial information
3. “What if” analysis
Using existing data, formulate strategies to achieve business targets
4. Interactive reports
Cover data into knowledge.
5. Meta data layer
Interact with data at the meta data level without having to comprehend the complexities of the underlying data or database
6. Ranking reports
The best and worst performing aspects of your business.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store