Business intelligence: Wikis

  
  

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.Business Intelligence (BI) refers to computer-based techniques used in spotting, digging-out, and analyzing 'hard' business data, such as sales revenue by products or departments or associated costs and incomes.^ ConnectSMART Business Intelligence Related products .
  • Business Intelligence | business intelligence, data warehousing, data mining, business intelligence software, florida | Connections for Business, Inc. 2 February 2010 13:56 UTC www.connections.com [Source type: General]

^ Data Warehouse (DW) and implementing Business Intelligence (BI) technologies such as OBIEE/Business...
  • Business Intelligence: Jobs - Business Exchange 2 February 2010 13:56 UTC bx.businessweek.com [Source type: News]

^ Microsoft based Business Intelligence and...
  • Microsoft Business Intelligence Jobs | Indeed.com 2 February 2010 13:56 UTC www.indeed.com [Source type: FILTERED WITH BAYES]

[1]
.BI technologies provide historical, current, and predictive views of business operations.^ These systems provide historical, current, and predictive views of business operations.
  • Business Intelligence Data Analysis 2 February 2010 13:56 UTC www.exforsys.com [Source type: FILTERED WITH BAYES]

^ This provides views of business operations, not just current and predictive, but also historical.
  • Content about business intelligence | obisomni.com 2 February 2010 13:56 UTC www.obisomni.com [Source type: News]

^ Making these business decisions would be a whole lot easier if decision-makers could just see - and understand - current operations more clearly.
  • Crystal Reports Software, Business Intelligence Management Software � Los Angeles, Orange County, Chicago, Phoenix 2 February 2010 13:56 UTC www.arxistechnology.com [Source type: News]

.Common functions of Business Intelligence technologies are reporting, online analytical processing, analytics, data mining, business performance management, benchmarking, text mining, and predictive analytics.^ Business Intelligence (BI) facilitates business to perform management by “facts”.
  • Business Intelligence solution offered by TCS 2 February 2010 13:56 UTC www.tcs.com [Source type: News]

^ Intelligence business, Business intelligence & performance management , business intelligence defined .
  • Intelligence business, Business intelligence & performance management , business intelligence defined 2 February 2010 13:56 UTC businessesintelligence.com [Source type: News]

^ Information will be managed by business professionals and not technology professionals.

.Business Intelligence often aims to support better business decision-making.^ Make better business decisions using our resources and assistance.
  • Business Intelligence - Buffalo Niagara Partnership 2 February 2010 13:56 UTC www.thepartnership.org [Source type: News]

^ A Business Intelligence system is also called the decision support system (DSS) as it often helps in making better business decisions.

^ Business intelligence enables you to make these kinds of decisions.
  • PC Magazine White Paper Library 2 February 2010 13:56 UTC whitepapers.pcmag.com [Source type: FILTERED WITH BAYES]

[2] .Thus a BI system can be called a decision support system (DSS).^ Thus, BI is also described as a decision support system.
  • Cereson - Business Intelligence 2 February 2010 13:56 UTC www.cereson.com [Source type: General]

^ In 1989 Howard Dresner (later a Gartner Group analyst) suggested that BI should be used as an broad term to describe "concepts and methods to improve business decision making by using fact-based support systems."
  • Business Intelligence Overview and Stories – 4 Videos | IdealProgrammer.com 2 February 2010 13:56 UTC idealprogrammer.com [Source type: General]

^ The components of BI are the data warehouse, data marts, the decision support interface (DSS) and the processes to 'get data in' (Data Acquisition) and to 'get information out' (Data Delivery).
  • By Business Need - Business Intelligence 2 February 2010 13:56 UTC timelessmind.com [Source type: News]
  • Business Intelligence 2 February 2010 13:56 UTC timelessmind.com [Source type: News]

[3] .Though the term business intelligence is often used as a synonym for competitive intelligence, because they both support decision making, BI uses technologies, processes, and applications to analyze mostly internal, structured data and business processes while competitive intelligence, is done by gathering, analyzing and disseminating information with or without support from technology and applications, and focuses on all-source information and data (unstructured or structured), mostly external to, but also internal to a company, to support decision making.^ But in order to make sense of it all, a business intelligence tool is needed.
  • Ariacom | Business reports | Business intelligence tool | Benefit from business intelligence with Ariacom Business Reports 2 February 2010 13:56 UTC www.ariacom.com [Source type: News]

^ IBS Business Intelligence is focused on creating structured information that provides insight and decision support for reviewing, analyzing and re-engineering your business processes.
  • Business Intelligence Software Module- IBS ENTERPRISE 2 February 2010 13:56 UTC www.ibsus.com [Source type: FILTERED WITH BAYES]

^ Can open source crack business intelligence?
  • Cheat Sheet: Business intelligence - Research - Breaking Business and Technology News at silicon.com 2 February 2010 13:56 UTC www.silicon.com [Source type: News]

[citation needed]

Contents

History

.In a 1958 article, IBM researcher Hans Peter Luhn used the term business intelligence.^ Use the following articles to help plan for business intelligence needs: .

^ Latest business intelligence articles .
  • Business Intelligence – Computerworld UK - Breaking news, reviews, case studies, analysis and resources on data, enterprise, analytics, databases, data mining 2 February 2010 13:56 UTC www.computerworlduk.com [Source type: News]

^ Business intelligence uses : Different forms of business intelligence.
  • Business Intelligence 2 February 2010 13:56 UTC www.1keydata.com [Source type: News]

He defined intelligence as:[2] "the ability to apprehend the interrelationships of presented facts in such a way as to guide action towards a desired goal."
In 1989 Howard Dresner (later a Gartner Group analyst) proposed BI as an umbrella term to describe "concepts and methods to improve business decision making by using fact-based support systems."[3] It was not until the late 1990s that this usage was widespread.

Business intelligence and data warehousing

.Often BI applications use data gathered from a data warehouse or a data mart.^ While BI solutions often utilize a data warehouse, this is not always the case.
  • Business Intelligence 2 February 2010 13:56 UTC www.b2btech.com [Source type: FILTERED WITH BAYES]

^ Myth #3 : BI is synonymous with a data warehouse .
  • SSIS Junkie : Business Intelligence, what is it and what is it not? 2 February 2010 13:56 UTC consultingblogs.emc.com [Source type: FILTERED WITH BAYES]

^ All the data used by the Business Intelligence is gathered from a data mart or data warehouse .

.However, not all data warehouses are used for business intelligence nor do all business intelligence applications require a data warehouse.^ View all of Business Intelligence .
  • Biz-Tech 3.0 - Business Intelligence 2 February 2010 13:56 UTC blogs.cioinsight.com [Source type: News]

^ These were are all Sales Intelligence Tools and Data warehouses or Financial Intelligence Tools or Data warehouses.
  • Drawbacks of Business Intelligence Tools When Handling Business Processes - New Frontiers in Business Intelligence 2 February 2010 13:56 UTC www.ebizq.net [Source type: News]
  • business intelligence tool 2 February 2010 13:56 UTC forum.kimballgroup.com [Source type: General]

^ However, all the data warehouses are not used for business intelligence and all the business intelligence applications do not require data warehouse.

Business intelligence and business analytics

Thomas Davenport has argued that business intelligence should be divided into querying, reporting, OLAP, an "alerts" tool, and business analytics

Getting Business Intelligence projects prioritized

.It is often difficult to provide a positive business case for Business Intelligence (BI) initiatives and often the projects will need to be prioritized through strategic initiatives.^ BI Training and Staffing provides training and staffing solutions for Business Intelligence technologies.
  • Business Intelligence Software Training 2 February 2010 13:56 UTC bitraining.com [Source type: News]

^ Reporting and business intelligence (BI) software .
  • Business Intelligence Software and Tools | Markinson 2 February 2010 13:56 UTC www.markinson.com.au [Source type: News]

^ Manage a Business Intelligence development project.
  • QuickStart - Business Intelligence Training - Course 2794 : 2794 - Designing a Business Intelligence Solution Architecture for the Enterpris 2 February 2010 13:56 UTC www.quickstart.com [Source type: News]

.Here are some hints to increase the benefits for a BI project.^ Reading blogs of people who actually work on projects or companies that do BI, you can hear some of this pain.

^ Here there is a clear verdict that BI strategy has been affected with the merger and acquisition for some and for others the BI market consolidation hasn’t affected at all.
  • Business Intelligence (BI) Procurement Survey Results | BI Blog | Business Intelligence (BI) Blog 2 February 2010 13:56 UTC blog.maia-intelligence.com [Source type: FILTERED WITH BAYES]

^ Here are 10 excellent books that can help you to produce great graphics for your applications and some hints to help you in choosing the best for your profile.


.As described by Kimball[4] you must determine the tangible benefits such as eliminated cost of producing legacy report
• Enforce access to data for the entire organization.
^ To access the entire report, click here .
  • CRM News: Business Intelligence: Getting a Grip on Business Intelligence TCO 2 February 2010 13:56 UTC www.crmbuyer.com [Source type: General]

^ And then you access stale data.
  • The Death Of Business Intelligence - Forbes.com 2 February 2010 13:56 UTC www.forbes.com [Source type: News]

^ Business Intelligence (BI) is an umbrella term that describes the process of gathering, manipulating, and analyzing data from past and present sources, and providing intelligent reports that enable you to make informed business decisions.
  • knowledgesync CRM - Business Intelligence Solutions by Knowledgesync | IncorTech 2 February 2010 13:56 UTC www.incortech.com [Source type: General]

.In this way even a small benefit, such as a few minutes saved, will make a difference when it is multiplied by the number of employees in the entire organization
• As described by Ross, Weil & Roberson for Enterprise Architecture[5], consider letting the BI project be driven by other business initiatives with excellent business cases.
^ The business benefits of a BI are numerous.
  • Cereson - Business Intelligence 2 February 2010 13:56 UTC www.cereson.com [Source type: General]

^ Your business can benefit in many ways: .
  • Business Intelligence Software - BI Software - Business Intelligence Solutions 2 February 2010 13:56 UTC www.zaptechnology.com [Source type: News]

^ BI and 2.0, let me count the ways .
  • sascom voices - The sascom magazine blog 2 February 2010 13:56 UTC blogs.sas.com [Source type: General]

.To support this approach, the organization must have Enterprise Architects, which will be able to detect suitable business projects.^ A successful business intelligence program requires a commitment from the organization to support, from the top down, the initiative.

^ Espire's unique project management approach ensures that the Business Intelligence solution benefits the clients as promised and aligns with the bottom line.
  • Offshore Software Development Company India / Outsourcing Custom Application Development India / Global IT Services : Espire Infolabs A CMM level 5 Software Development Company Delhi India | UK, London, Australia, Sydney, Japan, USA, and New Jersey US 2 February 2010 13:56 UTC www.espireinfo.com [Source type: Reference]

^ The new Jaspersoft Enterprise Edition provides organizations with a package of business analytics and reporting functionalities.
  • CRM News: Business Intelligence 2 February 2010 13:56 UTC www.crmbuyer.com [Source type: News]

Critical Success Factors of Business Intelligence Implementation

Although there could be many factors that could affect the implementation process of a BI system, a research by 'Naveen K. Vodapalli' [6] shows, the following are the critical success factors for a business intelligence implementation:
a. Business driven methodology & project management
b. Clear vision & planning
c. Committed management support & sponsorship
d. Data management & quality issues
e. Mapping the solutions to the user requirements
f. Performance considerations of the BI system
g. Robust & extensible framework

The future of business intelligence

.A 2009 Gartner paper predicted these developments in business intelligence market .^ Gartner’s view of Business Intelligence: .
  • Monitor Business Performance with Sage 200 Business Intelligence 2 February 2010 13:56 UTC www.dmcsoftware.co.uk [Source type: News]

^ Business Intelligence Commentary (June, 2009) .
  • Software Magazine - Delivery Options for Business Intelligence 2 February 2010 13:56 UTC www.softwaremag.com [Source type: FILTERED WITH BAYES]

^ Business Intelligence Challenges 2009 .
  • Business Intelligence Challenges 2009 2 February 2010 13:56 UTC www.slideshare.net [Source type: General]

[7]
  • Because of lack of information, processes, and tools, through 2012, more than 35 percent of the top 5,000 global companies will regularly fail to make insightful decisions about significant changes in their business and markets.
  • By 2012, business units will control at least 40 percent of the total budget for business intelligence.
  • By 2010, 20 per cent of organizations will have an industry-specific analytic application delivered via software as a service as a standard component of their business intelligence portfolio.
  • In 2009, collaborative decision making will emerge as a new product category that combines social software with business intelligence platform capabilities.
  • By 2012, one-third of analytic applications applied to business processes will be delivered through coarse-grained application mashups.

See also

References

  1. ^ "BusinessDictionary.com". http://www.businessdictionary.com/. Retrieved 17 March 2010. 
  2. ^ a b H. P. Luhn (October 1958). "A Business Intelligence System" (PDF). IBM Journal. http://www.research.ibm.com/journal/rd/024/ibmrd0204H.pdf. Retrieved 2008-07-10. 
  3. ^ a b D. J. Power (2007-03-10). "A Brief History of Decision Support Systems, version 4.0". DSSResources.COM. http://dssresources.com/history/dsshistory.html. Retrieved 2008-07-10. 
  4. ^ The Data warehouse Lifecycle Toolkit by Ralph Kimball et al. 2nd ed., page 29
  5. ^ Jeanne W. Ross, Peter Weil, David C. Robertson 2006: Enterprise Architecture As Strategy, page 117
  6. ^ Naveen K Vodapalli (2009-11-02). "Critical Success Factors of BI Implementation". IT University of Copenhagen. http://mit.itu.dk/ucs/pb/download/BI%20Thesis%20Report-New.pdf?file_id=871821. Retrieved 2009-11-12. 
  7. ^ "Gartner Reveals Five Business Intelligence Predictions for 2009 and Beyond", http://www.gartner.com/it/page.jsp?id=856714

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