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Data Analysis in Business Intelligence
Tags :
Business Intelligence, data warehousing, data warehouse, regression analysis, data mining, data analysis, data management, data processing, data analyst, statistical analysis, data warehouse, analyst,
Industry :
IT Products, IT Services
Functional Area : Application Software |
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About "Data Analysis in Business Intelligence" topic:
Share your views on Business Intelligence, data warehousing, data warehouse, regression analysis, data mining, data analysis, data management, data processing, data analyst, statistical analysis, data warehouse,
2 trends
, 4 insight
, 2 debates
, 7 idea contests
on topic: "Data Analysis in Business Intelligence"
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Business intelligence and data warehousing (BIDW) systems. They transform raw data into useful information, and the major trends driving businesses. BIDW Overview Analyze internal business activities to improve processes, increaseefficiency, and reduce costs • Track external market trends to understand customer behavior, improve relationships,identify opportunities, and increase competitiveness. BIDW Drivers/Trends Rapid increase in “information democracy Businesses are required to make more decisions Data is being customized on a mass scale New legislation and compliance regulations have made BIDW mission critical. The diversity of data is enormous The increased need for better secur...
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Arijay Chaudhry
| Commented
| 3 years ago
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Data warehousing is a wider term and includes warehousing of non-numeric data. BI primarily is in the context of reports that provide MAT, YTD, Growth, Share analysis across different dimensions and levels. The largest suite of BI and...
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Insight: "Business Intelligence and Data Warehousing (BIDW)" deleted from your view.
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Domain Knowledge
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21
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36
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Analysis Skills
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Deep Dey
| Argues in support of
"Domain Knowledge"
| 1 year ago
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I kind of agree with Ajay, Domain knowledge can be gained by reading, observing, understanding the processes, etc.. however analysis skill is an individuals characteristics and is developed over a period of time by not confining just to BA...
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ashish
| Argues in support of
"Analysis Skills"
| 1 year ago
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Although it seems contemporary but both domain knowledge and analysis skills are complementary to each other,if you don't have domain knowledge than on which you will do analysis, but alone analysis skill will also not solve the problem.
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Ajay
| Argues in support of
"Analysis Skills"
| 3 years ago
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Analysis skills are a personal attribute and is gained mainly from individual's observation power and understanding of things whereas domain knowledge can be gained from books. Domain knowledge sits on the top of analysis skills. To me it looks...
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Debate: "Domain Knowledge Vs. Analysis Skills : What is more important ?" deleted from your view.
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1
Perfect ORder, Vendor Scorecard
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Operational Metrics
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Mihir Jhaveri, PMP, CSCM
| Added idea
"Perfect ORder, Vendor Scorecard"
| 2 years ago
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Supply chain managers are now utilizing BI capabilities such as analytics, reporting and dashboards to monitor supply chain performance, as well as to gain new insights into all aspects of their businesses. BI is allowing them to drive...
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Jagbir Singh
| Added idea
"Operational Metrics"
| 3 years ago
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Even it used in extended supply chain applications such as the sharing of operational metrics across the supply chain. This has included a view of the full channel inventory; the status of orders and/or deliveries, a view of cycle times for...
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Ideate: "How Business Intelligence play important role in Supply Chain Collaboration? " deleted from your view.
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Data mining
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3
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1
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Computational Statistics
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Sujeet Singh
| Argues in support of
"Data mining "
| 3 years ago
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To me, the concept of Data Mining is becoming increasingly popular as a business information management tool where it is expected to reveal knowledge structures that can guide decisions in conditions of limited certainty and recently, there has...
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Saurabh Ratnakar
| Argues in support of
" Computational Statistics"
| 3 years ago
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Computation statistics is the use of computers to derive solutions that can't be directly calculated. An applying of numerical methods to a statistics problem. This is what is typically implied when putting the word "computational" in front of a...
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Debate: "Data mining versus Computational Statistics" deleted from your view.
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1
Creates global and enterprise information delivery
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Business brains create and utilize business intelligence that suppoerts business performance
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Kanti Mohan Pandit
| Added idea
"Business brains create and utilize business intelligence that suppoerts business performance"
| 2 years ago
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Business Brains All business brains are activated by solar Power Business brains are activated by a special cell of Solar Power: T-A-R Think of electricity! Positive (+) and (-) charges together form electricity that powers the machines on earth....
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Kapil B. Bankeraika
| Added idea
"Quicker decision capability"
| 3 years ago
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BI helps enterprise wide proper semination of information very quickly. This helps in information availability at a much faster pace than it is normally and thereby leading to better decision capability asap. Quicker decisioning capability and...
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Ideate: "How Business Intelligence can accelerate Your Business Performance" deleted from your view.
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1
Professional Squad
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Deploy in Stages
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Shaikh Imran
| Added idea
"Professional Squad"
| 3 years ago
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I feel that one of the major fears that surround the business people who are planning to deploy Business Intelligence is, implementation not fitting best to their expectations. It may be a case that after implementation all the users have access...
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Deep Sengupta
| Added idea
"Deploy in Stages"
| 3 years ago
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I think deployment or organizing Business planning can prove to be a hectic job. It’s advisable that you should start deployment in stages. This means that business houses should start the deployment from one department and if successful should...
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Ideate: "Deploying the Business Intelligence for Success and Better ROI" deleted from your view.
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1
Integrated Analysis Systems
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Increased use of Agile
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Arijay Chaudhry
| Added idea
"Integrated Analysis Systems"
| 3 years ago
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The latest trend is toward the Integrated Data Analysis and Simulation Module or the IDASM. It has an oracle backend and Java frontend. It combines, datawarehousing, strategic data analysis, business intelligence reports, GUI flexibility, system...
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Bipin Ghosh
| Added idea
"Increased use of Agile"
| 3 years ago
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I agree with ramdass that PM and BA convergence, but then another trend that is taking place is that there will be an increase in the Agile approach, Integrating Agile methods business analysis is a trend that is going to continue in the future...
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Arijay Chaudhry
| Supported idea
"Increased use of Agile"
| 3 years ago
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Agile does some level of work on integration of data, however, the technologies on IDASM developed with the help of a regional institute in India far outpaces what organizations such as Agile, oracle or SAS can provide. Dr. Parag Deshpande is a...
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Ideate: "What are the trends in Business analysis for the future??" deleted from your view.
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1
Quantitative Approach
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Custodian of Treaciability Matrix
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Raju Ramalingam
| Added idea
"Communication"
| 3 years ago
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Communication
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Vijay Bhaskar
| Added idea
"Quantitative Approach"
| 3 years ago
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It is a given that the role of a business analyst is a crucial one and typically the BA is called when something is Amiss. At the same time the idea I am putting forward is achievable, but depends on the outlook of the organization. What I would...
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Ideate: "Guide for infusing Business Analysis into your Projects " deleted from your view.
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(rate this)
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1
Integrated Data Analysis and Simulation Module
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Business Systems
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Arijay Chaudhry
| Added idea
"Integrated Data Analysis and Simulation Module"
| 3 years ago
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The best bet for performaning Business Impact Analysis is on the IDASM platform. It is the only technology that integrates most processes such as data warehousing, non-nueric data analysis, business reports, data mining, statistical mining...
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Tapan Mishra
| Added idea
"Business Systems"
| 3 years ago
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I think one have define the critical business systems that organization operates. This data can be entered and tracked in a spreadsheet. In many cases the revenue data can be linked to critical systems. This is especially true in e-commerce-driven...
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Ideate: "Steps to Perform a Business Impact Analysis" deleted from your view.
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1
complete picture
2
Right Information
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Vikash Jaiswal
| Added idea
"complete picture"
| 3 years ago
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Yes i agree with maneesh abt right info, But then the quality of information provided by analytical environments can be described in terms of how well integrated the data is within themselves. When data is not integrated properly, which means...
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Maneesh Jain
| Added idea
"Right Information "
| 3 years ago
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Getting to proper conclusions often requires information from different areas of the business like inventory, sales, marketing and financial data. Bringing this data together in a timely and meaningful manner is the key to getting the right...
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Ideate: "How integrating data from multiple business areas improves decision making?" deleted from your view.
Other knowledge matching "Data Analysis in Business Intelligence" topic
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Activity:
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367 views
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I realized the other day that creating a new company for the first time is a lot like whipping up a great pasta salad for the first time – you need a recipe, even though it may look simple. You know the basic ingredients, and you can visualize the results you want. Yet you may not be so sure where to start, and how to put it all together. More... http://short.to/22fo5 .
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Activity:
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