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Learn about the value of data and successful BI solutions like Harrah’s Casino and Sisters of Mercy Health System. Understand key concepts, tools, and best practices for building a scalable, flexible, and auditable BI solution in your organization. Explore case studies, key strategies, and quality assurance in data repositories.
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Business Intelligence Greg Myers Jennifer Parker Tom Smith 11/17/2009 MIS 261
Introduction Value Proposition • Harrah’s Casino- The Value of Data • Rewards Program - 2x Revenue Growth • Retailer- Tesco • Reward Program - 22% Revenue Growth in 2 Years (+£5 b)
Determining What Data is Needed Balanced Scorecard
Determining What Data is Needed Strategy Map Balanced Scorecard
Addressing Data Quality • Data Definitions • Consistent Processes • Data Monitoring/Cleaning • System • Enforcement • Configuration/Patching • Integration Eckerson , 2002
Establishing Meta- Data • Dimensions vs. Facts • Dimension- is an attribute that displays total counts/amounts of a fact • Fact- key additive measurement of business performance • Document • Definitions, Process, Systems, Formats • Agreed upon data sources
How to Successfully Build a BI Solution • BI implementation is a company wide project and should not be owned strictly by IT. • Allow developers to have access to the business owners and subject-matter experts. • Create manageable steps in the implementation and a reasonable time-line in which to complete them.
How to Successfully Build a BI Solution • Create teams of small amounts of people with some experienced members. • Manage the installation or upgrade of hardware capable of supporting fast processing of data to enable tight development cycles. • Supply data to populate test versions of the data repository and test for expected outcomes
Signs of a Successful Data Repository Data repositories must be • Scalable • Flexible • Backwards compatible • Auditable • Experienced Developers
Presentation Tools • Reports • Microsoft Excel • Queries • Microsoft Access / Sun MySQL • Dashboards • Executive Information Systems (EIS) • http://now.sprint.com/widget/
SAP Presentation Tools SAP BusinessObjects • BEx Analyzer • http://www.cnblogs.com/images/cnblogs_com/crazybugcn/AdHoc029.JPG • BEx Query Designer • http://www.expert-team.com/images/scr_BW_QueryDesigner.gif • Crystal Reports • http://www.fileguru.com/images/b/crd_subscription_information_managers_information_database-9250.jpeg • Xcelsius • http://myxcelsius.com/wp-content/uploads/2008/TOC/TOC_Calci.swf
Case Study: Sisters of Mercy Health System (Mercy) • Situation – major delays in report delivery • Task - implement an enterprise wide business intelligence (BI) solution with a single overarching reporting structure • Action – research, select and install a BI solution • Results – • Business Objects was the favored vendor as users especially liked the interface’s intuitiveness and ease-of-use • Mercy was able to consolidate legacy data and make it fully accessible to authorized users • Mercy is now able to utilize metrics that allow comparisons between internal entities • Mercy staff now able to roll up financial statements and rapidly publish them following month-end close, with all information available online via a consistent and secure Web-based portal • Data accuracy and consistency has reached unprecedented high levels
Q&A Segment • Discussion Questions: • BI examples in your workplace • Software • User Access of final reports • Ideas for BI utilization