Post on 21-Feb-2017
transcript
AgendaWhat is Business
Intelligence?Why do Companies
need BIBenefits of BIBI Golden RulesMajor BI TrendsCore Capabilities of BIConclusion
Business Intelligence is a broad category of applications and technologies for gathering, storing, analysing, and providing access to data to help clients make better business decisions.
Business Intelligence (BI) refers to skills, processes, technologies, applications and practices used to support decision making.
Business Intelligence is an environment in which business users receive information that is reliable, secure, consistent, understandable, easily manipulated and timely...facilitating more informed decision making .
What is Business Intelligence?Definition:
© 2008 Accenture. All Rights Reserved.
Improving organizations by providing business insights to all employees leading to better, faster, more relevant decisions
Why do companies need BI?
Tactical / Strategic
BI
What’s the best that can happen?
What will happen next?
What if these trends continue?
Why is this happening?
What actions are needed?
Where exactly is the problem?
How many, how often, where?
What happened?
Sophistication of Intelligence
Operational BI
Optimization
Predictive Modeling
Forecasting/extrapolation
Statistical analysis
Alerts
Query/drill down
Ad hoc reports
Standard reports
Com
peti
tive
Ad
vant
age
© 2008 Accenture. All Rights Reserved.
Benefits of Business Intelligence
• Improve Management Processes– planning, controlling, measuring and/or changing resulting in increased revenues and reduced costs
• Improve Operational Processes– fraud detection, order processing, purchasing.. resulting in increased revenues and reduced costs
• Predict the Future
BI Golden Rules• Data Quality & Accuracy• Data Consistency• Data Timeliness
“Get the right information to the right people at the right time”
BI Yesterday vs Today vs Tomorrow
• “BI yesterday was like reading the newspaper”
• BI today is focus more on real-time events and predicting tomorrow’s headlines
An electronic telecommunications device, often referred to as a cellular phone or cellphone. Mobile phones connect to a wireless communications network through radio wave or satellite transmissions.
Mobile
the practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer.
Cloud Computing
websites and applications that enable users to create and share content or to participate in social networking.
Social Medias
Customer Sat Survey
Comments
Facebook Page
Blogs
Competitors’ Facebook
Pages Public Web Sites, Discussion Boards, Product Reviews
Alerts, Real-time
Action
TwitterPage
Services
Quality Cost Friendliness
Adhoc Feedback
Call Center Notes, Voice
Business intelligence will be available to everyone in the enterprise, and will be embedded in many business systems. Although many technologies are available to implement this vision, many challenges remain to make this vision a reality. We have outlined key challenges like automated analytics, semantics based information fusion and process automation, and presented some examples which support the feasibility of our vision.
Conclusion