business intelligence overview
TRANSCRIPT
Business Intelligence
Presented byARC
History
Decision support system
Decision support systemOnline analytical
processExecutive support
system
Business intelligence as an umbrella
term
1970
1980
1989
Business Intelligence (BI) definition
Business intelligence (BI) is the set of techniques and tools for the transformation of raw data into meaningful and useful information for business analysis purposes.
or
A BI system in other words is a combination of data warehousing and decision support systems.
Source: www.kairon.com
Components
User/End-User Query and ReportingOLAPData MiningAnalyticsBusiness performance ManagementEnterprise Management System
OLAPOLAP performs fast analysis of
multidimensional business data and provides the capability for complex calculations, trend analysis, and sophisticated data modeling.
Operations Slicing and Dicing Drill Down/Up
Roll-up/summarizing Pivot
Data MiningData mining is the process of analyzing data
from different perspectives and summarizing it into useful information.
Technically, data mining is the process of finding correlations or patterns among dozens of fields in large relational databases.
Tool: SAS Enterprise miner
Analytics
Analysis of customer Relationship with bankAnd accessing profitabilityCustomer Analytics
Analysis of customer Relationship with bankAnd accessing profitabilityCustomer Analytics
Sales performance ,branchperformancePerformance Analytics
Sales performance ,branchperformancePerformance Analytics
Early detection of fraud And enables them to Deploy better monitoringmechanicsFraud Analytics
Early detection of fraud And enables them to Deploy better monitoringmechanicsFraud Analytics
Social Media have a largeVolume of data that can be Used for designing new products Social Analytics
Social Media have a largeVolume of data that can be Used for designing new products Social Analytics
Frequently accessedservices
Channel Analytics
Frequently accessedservices
Channel Analytics
Analytics
Various Analytic ToolsCustomer/Marketing : Oracle FS Retail
Customer Analytics
Product : Oracle FS Channel AnalyticsFraud : Oracle FS Fraud Enterprise
EditionRisk : Oracle FS Credit Risk
ManagementPerformance : Oracle FS Retail Performance
AnalyticsHR analytics : Human Resource Analytics,
Why BI solutions ?To store and analyze dataTo understand the health of the
organisation(strength and weakness)Reduce decision making time – Quickly
understand the performance of a scheme and react accordingly.
Impact the bottom line by measuring specific parameters( eg: branch performance)
To provide key performance indicators
SignificanceTo know about Competitors…Market….To know about CustomersFor avoiding Guesswork…For improving performance…
BI SOLUTIONS
Oracle Enterprise
BI server(OBIE
E)
Sap Netweaver
BI
Microsoft BI
Oracle Hyperion
Sap business objects
XI
IBM cognos
series 10
Sas Enterpris
e BI server
Challenges
BI users are beginning to demand [Real time BI] or near real time
analysis relating to their business.
They will come to expect up to date and fresh information in the same fashion as they monitor stock quotes online.
Monthly and even weekly analysis will not suffice
Future BI will increasingly has to be real time and pro active
Comparison btw market 1st and 2nd BUISNESS OJECTS ORACLE BUISNESS
INTELLIGENCE FOUNDATION SUITE
BusinessObjects XI Oracle Business Intelligence Foundation Suite 11g
SAP BusinessObjects BI (also known as BO or BOBJ) is a suite of front –end applications that allow business users to view, sort and analyze business intelligence data.
provides enterprise reporting, dashboards, ad-hoc analysis, multi-dimensional OLAP, scorecards, and predictive analytics on an integrated platform
Crystal Reports -- Enables users to design and generate reports
Crystal reports available
Dashboards -- Allows users to create interactive dashboards that contain charts and graphs for visualizing data
Dash boards available
BUISNESS OJECTS ORACLE BUISNESS INTELLIGENCE FOUNDATION SUITE
Web Intelligence -- Provides a self-service environment for creating adhoc queries and analysis of data both online and offline.Explorer -- Allows users to search through BI data sources using an i- Tunes like interface match.
It is having a simple GUI where All functions are simple drag and drop operations they can create their own ad-hoc analysis, dashboards and reports.
Disadvantage if you want to run reports and dashboards for a very large number of users you will probably be better of with OBIEE,SAS
Advantage cost is very high
BUISNESS OJECTS ORACLE BUISNESS INTELLIGENCE FOUNDATION SUITE
Disadvantage Better infrastructure and Architecture
BEST BI TOOL: OBIFS
Starting pt VisualisationsOperations like pivotInteractive dashboards
Starting pt VisualisationsOperations like pivotInteractive dashboards
Data structure complexityMeta data layerNo need to understand physicalAdhoc analysis and Interactive reporting
Data structure complexityMeta data layerNo need to understand physicalAdhoc analysis and Interactive reporting
dashboards, analyses, reports, scorecards, maps, alerts Mobile analytics
dashboards, analyses, reports, scorecards, maps, alerts Mobile analytics
functionality allows the creation of highly formatted templates, reports,
Enterprise Reporting
functionality allows the creation of highly formatted templates, reports,
Enterprise Reporting
alert engine that can trigger workflows based on business events and notify stakeholders Proactive Detection and Alerts.
alert engine that can trigger workflows based on business events and notify stakeholders Proactive Detection and Alerts.
OBIFS
spatial attribute can be visualized on a spatial Visualization known as a Map ViewSpatial visualisation
spatial attribute can be visualized on a spatial Visualization known as a Map ViewSpatial visualisation
FeaturesOracle Business Intelligence Foundation Suite (OBIFS) is a rich
business intelligence tool with several features .Some of the key features are described below:
Capability to integrate with other systems in the environment.
Flexibility of semantic business modeling layer
Ease of use for business users
OBIFS also has a pre-built mapping engine.
Since we are using oracle database the best tool available is obifs
Thank you