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What is Business Intelligence?

June 30th, 2010 | Author: admin

OLAP is that piece of instrument that provides multidimensional analysis, so that large amounts of data efficiently available for exploration in a variety of formats and modes.

The Treasure of large amounts of data and methods for the design of his mandate, entitled "Data Warehouse (DW). In DW a technique called performance" dimensional modeling was developed and in economic terms, access context- based (learning goals) by the greatDW database tables.

Once the data have been acquired and stored in this way, through a process called "Extract, transform and load (ETL), can be transmitted through a further phase of treatment that generates a cube.

Cube, in this context is actually another form of storage highly optimized three-dimensional clay model of information-gathering and pre-cross-map for the recovery and presentation effective for the user, you can analyze the data will be enjoyed by manythe level of a summary to move quickly between almost unlimited range of analysis.

Events such as the construction of multi-dimensional graphs of summary data (known as "cut and sliced) or shifting levels of detail and reduced again to summarize the many versions (known as drill and drill-up), using tools for graphical representation of the data cube, with a large number of formats to choose from.

The use of more sophisticated analytical tools to maketrends and anomalies buried deep in the data implied discovered and exploited (a technique called "data mining"). data mining models are created and refined to be aware of and resonance with data models and can be used for self-predictions of future trends and movements created in the given result. A gold mine of these hidden treasures are largely unexplored in "exploded" mountains of data that companies have accumulated because the pricethe store was pushed.

It seems that IT organizations are based on data and use it in cold storage, knowing that there was a time when they will be eligible. This corresponds to Hope, who left the world, their brains frozen, pending the advent of technology that could bring him back, perhaps with an artificial organ. Business Intelligence is the technology that businesses in their data assets to deliver, bringing them to alife much more than before. A new era for the use of information?

Early eighteenth century, made new discoveries, the inventors of heat, energy and movement. Developed rapidly fired, steam-motion (railways) and pump motors (mine) and the giant power plants to make every machine in a factory and problems knaend district. Cotton spinning, weaving cloth, cutting and shaping iron and steel. The industrial revolution was born. Mills and factoriesthroughout the coal-rich northern England (birthplace of the author – if a little 'later).

Country of their legacy back-breaking work long flocked people who have a regular (monetary) income gain many new (but only as a back-breaking) of factory jobs disappeared from the urban sprawl in the labyrinths flashing red brick, to understand that homes for these awesome machines. industrial empires were spawning for the rich and (formerly) great man-be to strengtheninvest, build and rule over them.

What do you think of Business Intelligence? Sure, it seems unlikely that the words would never have been, but he said the wealth management business had a way or another. If you could see the monolithic structure and enjoy the experience of visiting those who are still churning and clunking, you can see that almost every square meter of factory space was about the production or storage of raw materials and finished products. There is no room for banks and archivingclosets and, of course, no technology, not even a phone!

In a corner of the giant mill, is a well-equipped office (where the owner would most of the time is here) and one or two nearby, a number of areas less favorable working on some writers whose task was to to record all transactions of the company. Bold large leather-bound volumes of tax issues at hand, committed to parchment, but rarely reviewed. So where was the "decisionSupport System, "Where was the" Executive Information Systems "and" balanced score card "?

It was all there, all day on horseback, where the real activity took place between the rich mill owners over a cup of coffee or a cold beer in a local pub, it is necessary, gentlemen's club room City of Commerce-based. The mill owner was aware of production problems in his work-home visits by the manager and his business knowledgeto scrape with his roadmap of its meeting place. The intelligence was made by word of mouth. Business was a handshake, followed by a letter, days or weeks later.

After the first rush of mechanization, which had not changed much in a long time, certainly in terms of methods of administration. Only after a slow but gradual increase in non-production workers and (usually) the tasks they performed for registration, would be another surprise "giantleap forward "to prevent irreparable loss for the stage company again.

Hello, computing because of regulatory requirements, accounting practices and conditions and other external requirements, with an appetite for new management information is the growing office rents lockers pinned bar-at-the-agency filled with all records of its operations , all transactions and second counts. All written in triplicatetissue and stored in strict order (ready to be collected and edited by hand or by increasing or replace the item.

Warm coconut oil, machinery production, the cradle of the industrial age and heat, data processing machines coconut would herald the information age. Tabs, short stroke, paper tape and punch Pratt chin line printers are one of the first commercially successful data processing machines. Progressing rapidly in the mainframe computer electronichumming or even whistling music (but still hot) and requires large halls for their banks from the memory core hand-threaded (up to 8 kilobytes per box) and wait for the wiring backplane, central processor thousands of discrete components securely fastened Bakelite hundreds of printed circuit boards.

Curiously, this breakthrough in the service number, heat-belching behemoths little to shake the world of business. The big companies make millions of pony uptheir pride and joy before, accompanied by a foreign institute, here and there. But far less well-endowed organizations retained, presumably because no danger of extinction due to not participate in the celebrations for the second great age of industrialization.

Well, maybe not so strange. The wise leaders of small and medium enterprises (SMEs) are not known for their "leap before you look" should be expected to make the wall flower to play, at least untilstatement seems reasonable, proportionate and strictly necessary for survival. But today, after just sixty years, it is difficult for any company to take any shape, size or ethical base, not heavenly amount of computing power on every finger.

Bigger, faster, cheaper, more. Over the years, "speed tank, and all on board and computers were so often at work as a steam pipe
loss, plant-induced deafness and fingervesicles in the cotton mill was.

In fact, "technology" into "information" ("T" in it) has come a long way since the days of peering through holes in the cardboard cars (which, incidentally, was created by Shiner industrial revolution, Jacquard, inventor of all important frame that bears his name).

Some software, which today is more sophisticated than the mid-twentieth century. Unfortunately, it isBut "I" in it, that has not kept pace with the development of electronics and related costs and conditions of benefits.

With few exceptions, the use of company computers essentially in the business of recording, closed the first great glaciation non-progressive wheel spinning, to run faster to stand still, swamp, where big budgets evaporate, just trying to keep pace with the flow of necessary upgrading and replacement.

Cavalry arefeel?

After a grim picture painted by stagnation and zero ROI, we have paved the way for trumpets and knights in shining armor. Therefore, the cost of storage has decreased dramatically, the information that we have dramatically balloon, now time to do something this dramatic.

Instead of simply "shoot", we try to utilize all this computing power and data without end in a way that is best to do what we do. As with the introduction of softwareto perform large, sophisticated analysis. What about the use of such sophisticated analysis to help us make better decisions. How about making a better use of the best direction to go in a better way and marketing efforts, customer experience, investment product, the supplier selection, forecasting volume, grateful, etc. to increase choice

Call it a leap forward of all-new "Business Intelligence".

Getting smarter on it to see more clearlywe did and what happened for us to predict how the trends are moving and do so using information that already have tools that we already own brain and not in the freezer have been sold.

Sounds very well. Begin "as soon as the move hits critical mass."

Is there anyone out there already with BI?

When the first great age of starting the computer business, which was the first neo-and late. The early adopters payFor all R & D (as usual) and tail-draggers paid with the loss of market share, employee satisfaction and investor confidence. Well, not really, for businesses and consumers were not as fast, cost-conscious horses or fast, then go back.

Today is a different story. Offer void the contract is signed, shoppers leave their cars at check-out, stopped the construction of the indicators of the first negative and the stock market has not seen a continuous line for years. Panicthe normal state of rest.

Companies rapidly sinking and all hope that the next item, which takes place through a side wings and booster rockets attached fact. One of these vehicles is that a wide range of options that are currently under the aegis of Business Intelligence.

Many companies have a leap of faith and invest in a BI initiative. For some of these subjects value gains achieved. For others, the project is unnecessary ordealand the second attempt is made of a different approach.

The beginning of the development effort, the company BI now light years more advanced and more challenging. The potential for success is there for all qualified participants, and many have proved the point. Ultimately, the deployment of BI and the first generation of applications.

Like every organization has implemented a "passive" applications for registration of one kind or another, there will beA time when most will have "active" even "think" intelligent software to examine the data sniffing problems, evaluate proposals, recommend actions and monitoring results. If you ask a difference in the two scenarios, we understand the importance of Business Intelligence.

There was a time when computers are portrayed in the media as a futuristic entertainment and things of science fiction. Now we can smile at this, and yes, there are differences between whatthe authors and scriptwriters and created the most earthly, but intelligent computers that support all aspects of our lives today.

Do not forget that the holding of HAL, R2D2 and C3P0 seen in the laboratory where artificial intelligence and other far-out technologies are making steady progress. In our corporate world, do not think we want to replace with the software, but with BI, we can get people to think better (software).

BI can not be predicted orstorage for each type of organization, or for the week-heart, or for the uninitiated (ie those who do not understand the question). The separate publication MeasureGroup ™ "Who BI?" an organization can help you determine whether it should or should not, you might consider a BI initiative.

A summary of Business Intelligence

The next panel contains a summary of business intelligence in the form of a bulleted list of key properties are generallyassigned to the new, the not-so-new technology that will one day be recognized as the "second great age of the computer company."

Summary of key aspects of Business Intelligence:

picks – Exploit the data otherwise unavailable insights Heritage
– Exploring Business Analytics in an almost infinite number of ways
– Achieving competitive advantage through the power of knowledge
– Seize the opportunity to improve the viability and status
– Strengthening of BusinessAgility – First Start – from start to finish
– Use intelligent intelligent intelligent answers questions asked to generate to generate …
– Extension management pro-active and not reactive to limit damage

In the early days of computers, many do not see a use for them. It 'was because they had the capacity to understand. BI is the same point now. BI is required for a new set of software tools and techniques continue to develop.