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Business Intelligence

Business Intelligence. Allow me to introduce myself. My name is Daniel Amonkou . I am a student at Jacksonville University. I am currently enrolled in the course of information system Management. I am here to talk about the topic of Business Intelligence. . Ending.

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Business Intelligence

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  1. Business Intelligence Allow me to introduce myself. My name is Daniel Amonkou. I am a student at Jacksonville University. I am currently enrolled in the course of information system Management. I am here to talk about the topic of Business Intelligence.

  2. Ending • This is the end of my presentation. • I enjoyed talking to you. • And thank you for your time.

  3. What is Business Intelligence? • SIMPLY PUT, BI IS THE INFORMATION TECHNOLOGY MANAGEMENT THROUGH SOFTWARE APPLICATIONS, DATA COLLECTION, SYSTEM INTEGRATION, AND DATA ANALYSIS. • BI HELPS IMPROVE BUSINESS DECISION MAKING PROCESS USING FACT-BASED SUPPORT SYSTEMS.

  4. BI OBJECTIVES • TO ANALYZE DATA AND TRENDS FOR NEW OPPORTUNITIES • TO OPTIMIZE AND REDUCE INEFFICIENCIES. • THOUGH, BI IS A VALUABLE TOOL, IT HAS OFTEN PROVEN CHALLENGING TO IMPLEMENT.

  5. THESES • HOW IS BUSINESS INTELLIGENCE IMPLEMENTED? • NEXT, WHAT ARE SOME EXAMPLES OF LEADERS IN BUSINESS INTELLIGENCE SERVICES? • WHAT ARE THE LIMITATIONS TO BE CAUTIOUS OF?

  6. how to effectively implement? • Identify and define the problems and opportunities through System thinking strategy (e.g. SWOT) • EValuate the needs of the business • Quality of Data is vital.

  7. how to effectively implement? • establish a model of decision support system and infrastructures. • investigate the specific BI software and hardware. • Importance of The cost and the quality aspects . • cost over time in software and hardware upgrades, patches, back-up, trainings and maintenance.

  8. IntegrationProcess • How to successfully integrate or incorporate the new system with the already existing one? • 4 methods of system conversion: • parallel • pilot • phased method • direct

  9. BI service providers • Lot of companies in different marketplaces such as ACCENTURE, SAS, IBM COGNOS, ORACLE, SAP, GOOGLE, MICROSOFT are leading the Real-time Business Intelligence offering varieties of applications that can track sales, services, Customer Relations management (CRM), marketing, financial services, human resources, supply functions, and manufacturing

  10. BI LIMITATIONS • BI IS DOMINATED BY PROCESS RULES THAT DO NOT FIT THE COMPLEX DATA. • BI IS TO SUPPORT BUSINESS ENTITIES IN ORDER TO MAKE BETTER DECISIONS MAKING, REDUCING RISKS AND NOT TO WARN US OF EVERY EVENTUALITY. • BI LATENCY OF INFORMATION RETRIEVAL (DATA WAREHOUSING PROCESS)

  11. BI LIMITATIONS

  12. BISOLUTIONS TO AVOID MISHANDLING BI TOOLS: • USERS MUST UPDATE THEIR PARADIGMS • USERS MUST BE SKILLED TO KNOW HOW TO HANDLE THE COMPLEX FLOW OF INFORMATION • AN ANALYTICAL BACKGROUND IN INTERDISCIPLINARY FIELD SUCH AS ECONOMICS, STATISTICS, MATHEMATICS, MARKETING AND OPERATIONS RESEARCH OR MAYBE AN MBA SHOULD BE REQUIRED.

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