| business intelligence tools benefits: The Profit Impact of Business Intelligence Steve Williams, Nancy Williams, 2010-07-27 The Profit Impact of Business Intelligence presents an A-to-Z approach for getting the most business intelligence (BI) from a company's data assets or data warehouse. BI is not just a technology or methodology, it is a powerful new management approach that – when done right – can deliver knowledge, efficiency, better decisions, and profit to almost any organization that uses it. When BI first came on the scene, it promised a lot but often failed to deliver. The missing element was the business-centric focus explained in this book. It shows how you can achieve the promise of BI by connecting it to your organization's strategic goals, culture, and strengths while correcting your BI weaknesses. It provides a practical, process-oriented guide to achieve the full promise of BI; shows how world-class companies used BI to become leaders in their industries; helps senior business and IT executives understand the strategic impact of BI and how they can ensure a strong payoff from their BI investments; and identifies the most common mistakes organizations make in implementing BI. The book also includes a helpful glossary of BI terms; a BI readiness assessment for your organization; and Web links and extensive references for more information. - A practical, process-oriented book that will help organizations realize the promise of BI - Written by Nancy and Steve Williams, veteran consultants and instructors with hands-on, in the trenches experience in government and corporate business intelligence applications - Will help senior business and IT executives understand the strategic impact of BI and how they can help ensure a strong payoff on BI investments |
| business intelligence tools benefits: The Game of Work Charles A. Coonradt, Lee Nelson, 2007 Since its original printing in 1984, The Game of Work helped thousands of companies and hundreds of thousands of managers and employees experience increased job enjoyment while producing extraordinary results. The Game of Work examines the question of why people work harder at sports and recreation than they do on the job and uses these as metaphors for inspirational leadership strategies. Corporations worldwide have enjoyed the increased productivity, employee satisfaction and motivation, and bottom-line profits by implementing the concepts taught in The Game of Work. As qualified people become increasingly difficult to attract and retain, the implementation of the five principles in this book is the one key factor to improving results, retention, and recruitment. Five principles of The Game of Work: Frequent feedback; Better scorekeeping; Clearly defined goals; Consistent coaching; A higher degree of personal choice. |
| business intelligence tools benefits: Business Intelligence Techniques Murugan Anandarajan, Asokan Anandarajan, Cadambi A. Srinivasan, 2012-11-02 Modern businesses generate huge volumes of accounting data on a daily basis. The recent advancements in information technology have given organizations the ability to capture and store data in an efficient and effective manner. However, there is a widening gap between this data storage and usage of the data. Business intelligence techniques can help an organization obtain and process relevant accounting data quickly and cost efficiently. Such techniques include: query and reporting tools, online analytical processing (OLAP), statistical analysis, text mining, data mining, and visualization. Business Intelligence Techniques is a compilation of chapters written by experts in the various areas. While these chapters stand on their own, taken together they provide a comprehensive overview of how to exploit accounting data in the business environment. |
| business intelligence tools benefits: Data Science and Its Applications Aakanksha Sharaff, G R Sinha, 2021-08-18 The term data being mostly used, experimented, analyzed, and researched, Data Science and its Applications finds relevance in all domains of research studies including science, engineering, technology, management, mathematics, and many more in wide range of applications such as sentiment analysis, social medial analytics, signal processing, gene analysis, market analysis, healthcare, bioinformatics etc. The book on Data Science and its applications discusses about data science overview, scientific methods, data processing, extraction of meaningful information from data, and insight for developing the concept from different domains, highlighting mathematical and statistical models, operations research, computer programming, machine learning, data visualization, pattern recognition and others. The book also highlights data science implementation and evaluation of performance in several emerging applications such as information retrieval, cognitive science, healthcare, and computer vision. The data analysis covers the role of data science depicting different types of data such as text, image, biomedical signal etc. useful for a wide range of real time applications. The salient features of the book are: Overview, Challenges and Opportunities in Data Science and Real Time Applications Addressing Big Data Issues Useful Machine Learning Methods Disease Detection and Healthcare Applications utilizing Data Science Concepts and Deep Learning Applications in Stock Market, Education, Behavior Analysis, Image Captioning, Gene Analysis and Scene Text Analysis Data Optimization Due to multidisciplinary applications of data science concepts, the book is intended for wide range of readers that include Data Scientists, Big Data Analysists, Research Scholars engaged in Data Science and Machine Learning applications. |
| business intelligence tools benefits: Business Intelligence Demystified Anoop Kumar V K, 2021-09-25 Clear your doubts about Business Intelligence and start your new journey KEY FEATURES ● Includes successful methods and innovative ideas to achieve success with BI. ● Vendor-neutral, unbiased, and based on experience. ● Highlights practical challenges in BI journeys. ● Covers financial aspects along with technical aspects. ● Showcases multiple BI organization models and the structure of BI teams. DESCRIPTION The book demystifies misconceptions and misinformation about BI. It provides clarity to almost everything related to BI in a simplified and unbiased way. It covers topics right from the definition of BI, terms used in the BI definition, coinage of BI, details of the different main uses of BI, processes that support the main uses, side benefits, and the level of importance of BI, various types of BI based on various parameters, main phases in the BI journey and the challenges faced in each of the phases in the BI journey. It clarifies myths about self-service BI and real-time BI. The book covers the structure of a typical internal BI team, BI organizational models, and the main roles in BI. It also clarifies the doubts around roles in BI. It explores the different components that add to the cost of BI and explains how to calculate the total cost of the ownership of BI and ROI for BI. It covers several ideas, including unconventional ideas to achieve BI success and also learn about IBI. It explains the different types of BI architectures, commonly used technologies, tools, and concepts in BI and provides clarity about the boundary of BI w.r.t technologies, tools, and concepts. The book helps you lay a very strong foundation and provides the right perspective about BI. It enables you to start or restart your journey with BI. WHAT YOU WILL LEARN ● Builds a strong conceptual foundation in BI. ● Gives the right perspective and clarity on BI uses, challenges, and architectures. ● Enables you to make the right decisions on the BI structure, organization model, and budget. ● Explains which type of BI solution is required for your business. ● Applies successful BI ideas. WHO THIS BOOK IS FOR This book is a must-read for business managers, BI aspirants, CxOs, and all those who want to drive the business value with data-driven insights. TABLE OF CONTENTS 1. What is Business Intelligence? 2. Why do Businesses need BI? 3. Types of Business Intelligence 4. Challenges in Business Intelligence 5. Roles in Business Intelligence 6. Financials of Business Intelligence 7. Ideas for Success with BI 8. Introduction to IBI 9. BI Architectures 10. Demystify Tech, Tools, and Concepts in BI |
| business intelligence tools benefits: Handbook of Research on Applied AI for International Business and Marketing Applications Christiansen, Bryan, Škrinjari?, Tihana, 2020-09-25 Artificial intelligence (AI) describes machines/computers that mimic cognitive functions that humans associate with other human minds, such as learning and problem solving. As businesses have evolved to include more automation of processes, it has become more vital to understand AI and its various applications. Additionally, it is important for workers in the marketing industry to understand how to coincide with and utilize these techniques to enhance and make their work more efficient. The Handbook of Research on Applied AI for International Business and Marketing Applications is a critical scholarly publication that provides comprehensive research on artificial intelligence applications within the context of international business. Highlighting a wide range of topics such as diversification, risk management, and artificial intelligence, this book is ideal for marketers, business professionals, academicians, practitioners, researchers, and students. |
| business intelligence tools benefits: Integration Challenges for Analytics, Business Intelligence, and Data Mining Azevedo, Ana, Santos, Manuel Filipe, 2020-12-11 As technology continues to advance, it is critical for businesses to implement systems that can support the transformation of data into information that is crucial for the success of the company. Without the integration of data (both structured and unstructured) mining in business intelligence systems, invaluable knowledge is lost. However, there are currently many different models and approaches that must be explored to determine the best method of integration. Integration Challenges for Analytics, Business Intelligence, and Data Mining is a relevant academic book that provides empirical research findings on increasing the understanding of using data mining in the context of business intelligence and analytics systems. Covering topics that include big data, artificial intelligence, and decision making, this book is an ideal reference source for professionals working in the areas of data mining, business intelligence, and analytics; data scientists; IT specialists; managers; researchers; academicians; practitioners; and graduate students. |
| business intelligence tools benefits: Business Intelligence Tools for Small Companies Albert Nogués, Juan Valladares, 2017-05-25 Learn how to transition from Excel-based business intelligence (BI) analysis to enterprise stacks of open-source BI tools. Select and implement the best free and freemium open-source BI tools for your company’s needs and design, implement, and integrate BI automation across the full stack using agile methodologies. Business Intelligence Tools for Small Companies provides hands-on demonstrations of open-source tools suitable for the BI requirements of small businesses. The authors draw on their deep experience as BI consultants, developers, and administrators to guide you through the extract-transform-load/data warehousing (ETL/DWH) sequence of extracting data from an enterprise resource planning (ERP) database freely available on the Internet, transforming the data, manipulating them, and loading them into a relational database. The authors demonstrate how to extract, report, and dashboard key performance indicators (KPIs) in a visually appealing format from the relational database management system (RDBMS). They model the selection and implementation of free and freemium tools such as Pentaho Data Integrator and Talend for ELT, Oracle XE and MySQL/MariaDB for RDBMS, and Qliksense, Power BI, and MicroStrategy Desktop for reporting. This richly illustrated guide models the deployment of a small company BI stack on an inexpensive cloud platform such as AWS. What You'll Learn You will learn how to manage, integrate, and automate the processes of BI by selecting and implementing tools to: Implement and manage the business intelligence/data warehousing (BI/DWH) infrastructure Extract data from any enterprise resource planning (ERP) tool Process and integrate BI data using open-source extract-transform-load (ETL) tools Query, report, and analyze BI data using open-source visualization and dashboard tools Use a MOLAP tool to define next year's budget, integrating real data with target scenarios Deploy BI solutions and big data experiments inexpensively on cloud platforms Who This Book Is For Engineers, DBAs, analysts, consultants, and managers at small companies with limited resources but whose BI requirements have outgrown the limitations of Excel spreadsheets; personnel in mid-sized companies with established BI systems who are exploring technological updates and more cost-efficient solutions |
| business intelligence tools benefits: Business Intelligence: Concepts, Methodologies, Tools, and Applications Management Association, Information Resources, 2015-12-29 Data analysis is an important part of modern business administration, as efficient compilation of information allows managers and business leaders to make the best decisions for the financial solvency of their organizations. Understanding the use of analytics, reporting, and data mining in everyday business environments is imperative to the success of modern businesses. Business Intelligence: Concepts, Methodologies, Tools, and Applications presents a comprehensive examination of business data analytics along with case studies and practical applications for businesses in a variety of fields and corporate arenas. Focusing on topics and issues such as critical success factors, technology adaptation, agile development approaches, fuzzy logic tools, and best practices in business process management, this multivolume reference is of particular use to business analysts, investors, corporate managers, and entrepreneurs in a variety of prominent industries. |
| business intelligence tools benefits: Internet of Things in Business Transformation Parul Gandhi, Surbhi Bhatia, Abhishek Kumar, Mohammad Ali Alojail, Pramod Singh Rathore, 2021-02-03 The objective of this book is to teach what IoT is, how it works, and how it can be successfully utilized in business. This book helps to develop and implement a powerful IoT strategy for business transformation as well as project execution. Digital change, business creation/change and upgrades in the ways and manners in which we work, live, and engage with our clients and customers, are all enveloped by the Internet of Things which is now named Industry 5.0 or Industrial Internet of Things. The sheer number of IoT(a billion+), demonstrates the advent of an advanced business society led by sustainable robotics and business intelligence. This book will be an indispensable asset in helping businesses to understand the new technology and thrive. |
| business intelligence tools benefits: Winning with Data Tomasz Tunguz, Frank Bien, 2016-06-20 Crest the data wave with a deep cultural shift Winning with Data explores the cultural changes big data brings to business, and shows you how to adapt your organization to leverage data to maximum effect. Authors Tomasz Tunguz and Frank Bien draw on extensive background in big data, business intelligence, and business strategy to provide a blueprint for companies looking to move head-on into the data wave. Instrumentation is discussed in detail, but the core of the change is in the culture—this book provides sound guidance on building the type of organizational culture that creates and leverages data daily, in every aspect of the business. Real-world examples illustrate these important concepts at work: you'll learn how data helped Warby-Parker disrupt a $13 billion monopolized market, how ThredUp uses data to process more than 20 thousand items of clothing every day, how Venmo leverages data to build better products, how HubSpot empowers their salespeople to be more productive, and more. From decision making and strategy to shipping and sales, this book shows you how data makes better business. Big data has taken on buzzword status, but there is little real guidance for companies seeking everyday business data solutions. This book takes a deeper look at big data in business, and shows you how to shift internal culture ahead of the curve. Understand the changes a data culture brings to companies Instrument your company for maximum benefit Utilize data to optimize every aspect of your business Improve decision making and transform business strategy Big data is becoming the number-one topic in business, yet no one is asking the right questions. Leveraging the full power of data requires more than good IT—organization-wide buy-in is essential for long-term success. Winning with Data is the expert guide to making data work for your business, and your needs. |
| business intelligence tools benefits: Information and Communication Technologies in Tourism 2022 Jason L. Stienmetz, Berta Ferrer-Rosell, David Massimo, 2022 This open access book presents the proceedings of the International Federation for IT and Travel & Tourism (IFITT)’s 29th Annual International eTourism Conference, which assembles the latest research presented at the ENTER2022 conference, which will be held on January 11–14, 2022. The book provides an extensive overview of how information and communication technologies can be used to develop tourism and hospitality. It covers the latest research on various topics within the field, including augmented and virtual reality, website development, social media use, e-learning, big data, analytics, and recommendation systems. The readers will gain insights and ideas on how information and communication technologies can be used in tourism and hospitality. Academics working in the eTourism field, as well as students and practitioners, will find up-to-date information on the status of research. |
| business intelligence tools benefits: E-Business Intelligence Bernard Liautaud, 2001 Publisher Fact Sheet How to leverage corporate information for reduced costs & increased profits. |
| business intelligence tools benefits: Competitive Intelligence Advantage Seena Sharp, 2009-10-19 A practical introduction to the necessity of competitive intelligence for smarter business decisions-from a leading CI expert and speaker In Competitive Intelligence Advantage, Seena Sharp, founder of one of the first Competitive Intelligence firms in the US, provides her expert analysis on the issues and benefits of CI for today's businesses. CI is critical for making smarter business decisions and reducing risks when formulating strategies, leading to more profits and fewer mistakes. This is a practical guide that explains what CI is, why data is not intelligence, why competitor intelligence is a weak sibling to competitive intelligence, when to use it, how to find the most useful information and turn it into actual intelligence, and how to present findings in the most convincing manner. Importantly, Sharp argues that businesses would benefit from shifting their perspective on CI from viewing it as a cost to viewing it as an investment that saves money and provides immediate value. Author Seena Sharp is a noted CI expert who established Sharp Market Intelligence in 1979 Addresses all the most common myths and misconceptions about CI Includes more than sixty examples of when to use CI Completely explains the ins and outs of CI, and why your company will act faster and more aggressively with CI Competitive intelligence is a management tool that is misunderstood and underestimated, yet results in numerous benefits. If you are a senior level executive or operate a business-and you aren't tapping the power of CI to improve your decision making-you are missing a potent advantage. |
| business intelligence tools benefits: Business Intelligence and Analytics in Small and Medium Enterprises Pedro Novo Melo, Carolina Machado, 2019-11-26 Technological developments in recent years have been tremendous. This evolution is visible in companies through technological equipment, computerized procedures, and management practices associated with technologies. One of the management practices that is visible is related to business intelligence and analytics (BI&A). Concepts such as data warehousing, key performance indicators (KPIs), data mining, and dashboards are changing the business arena. This book aims to promote research related to these new trends that open up a new field of research in the small and medium enterprises (SMEs) area. Features Focuses on the more recent research findings occurring in the fields of BI&A Conveys how companies in the developed world are facing today's technological challenges Shares knowledge and insights on an international scale Provides different options and strategies to manage competitive organizations Addresses several dimensions of BI&A in favor of SMEs |
| business intelligence tools benefits: Theory and Practice of Business Intelligence in Healthcare Khuntia, Jiban, Ning, Xue, Tanniru, Mohan, 2019-12-27 Business intelligence supports managers in enterprises to make informed business decisions in various levels and domains such as in healthcare. These technologies can handle large structured and unstructured data (big data) in the healthcare industry. Because of the complex nature of healthcare data and the significant impact of healthcare data analysis, it is important to understand both the theories and practices of business intelligence in healthcare. Theory and Practice of Business Intelligence in Healthcare is a collection of innovative research that introduces data mining, modeling, and analytic techniques to health and healthcare data; articulates the value of big volumes of data to health and healthcare; evaluates business intelligence tools; and explores business intelligence use and applications in healthcare. While highlighting topics including digital health, operations intelligence, and patient empowerment, this book is ideally designed for healthcare professionals, IT consultants, hospital directors, data management staff, data analysts, hospital administrators, executives, managers, academicians, students, and researchers seeking current research on the digitization of health records and health systems integration. |
| business intelligence tools benefits: Business Intelligence Rajiv Sabherwal, Irma Becerra-Fernandez, 2013-02-19 Business professionals who want to advance their careers need to have a strong understanding of how to utilize business intelligence. This new book provides a comprehensive introduction to the basic business and technical concepts they’ll need to know. It integrates case studies that demonstrate how to apply the material. Business professionals will also find suggested further readings that will develop their knowledge and help them succeed. |
| business intelligence tools benefits: B2B Marketing Uwe G. Seebacher, 2021-05-03 This unique book comprehensively presents the current state of knowledge, theoretical and practical alike, in the field of business-to-business (B2B) marketing. More than 30 of the best and most recognized B2B marketers address the most relevant theoretical foundations, concepts, tried and tested approaches and models from entrepreneurial practice. Many of those concepts are published for the first time ever in this book. The book not only builds on the existing classic literature for industrial goods marketing but also – and much more importantly – finally closes the gap towards the rapidly growing ecosystem of modern B2B marketing terms, instruments, products, and topics. Technical terms such as Account-Based Marketing, Buyer Journey, ChatBots, Content AI, Marketing Automation, Marketing Canvas, Social Selling, Touchpoint Sensitivity Analysis, and Predictive Intelligence are explained and examined in detail, especially in terms of their applicability and implementation. The book as a whole reflects the B2B marketing journey so that the readers can directly connect the content to their own experience and use the book as a guide in their day-to-day work for years to come. |
| business intelligence tools benefits: Managing Information Quality Martin J. Eppler, 2013-06-05 What makes information useful? This seemingly simple and yet intriguing and complicated question is discussed in this book. It examines ways in which the quality of information can be improved in knowledge-intensive processes (such as on-line communication, strategy, product development, or consulting). Based on existing information quality literature, the book proposes a conceptual framework to manage information quality for knowledge-based content. It presents four proven principles to apply the framework to a variety of information products. Five in-depth company case studies show how information quality can be managed systematically. The book uses frequent diagrams and tables, as well as diagnostic questions and summary boxes to make its content actionable. |
| business intelligence tools benefits: Data Mining and Business Intelligence Stephan Kudyba, Richard Hoptroff, 2001-01-01 Annotation Provides an overview of data mining technology and how it is applied in a business environment. Material is not written in a technical style, but rather addresses the applied methodology behind implementing data mining techniques in the corporate environment. Explains how the technology evolved, overviews the methodologies that comprise the data mining spectrum, and looks at everyday business applications for data mining, in areas such as marketing and advertising promotions and pricing policies using econometric-based modeling, and using the Internet to help improve an organization's performance. Kudyba is an economic consultant. Hoptroff is an independent consultant with experience in data mining software. Annotation c. Book News, Inc., Portland, OR (booknews.com). |
| business intelligence tools benefits: Implementing Information Technology Governance: Models, Practices and Cases Van Grembergen, Wim, De Haes, Steven, 2007-09-30 In many organizations, information technology (IT) has become crucial in the support, sustainability, and growth of the business. This pervasive use of technology has created a critical dependency on IT that calls for a specific focus on IT governance. Implementing Information Technology Governance: Models, Practices and Cases presents insight gained through literature reviews and case studies to provide practical guidance for organizations who want to start implementing IT governance or improving existing governance models, and provides a detailed set of IT governance structures, processes, and relational mechanisms that can be leveraged to implement IT governance in practice. |
| business intelligence tools benefits: Business Intelligence Guidebook Rick Sherman, 2014-11-04 Between the high-level concepts of business intelligence and the nitty-gritty instructions for using vendors' tools lies the essential, yet poorly-understood layer of architecture, design and process. Without this knowledge, Big Data is belittled – projects flounder, are late and go over budget. Business Intelligence Guidebook: From Data Integration to Analytics shines a bright light on an often neglected topic, arming you with the knowledge you need to design rock-solid business intelligence and data integration processes. Practicing consultant and adjunct BI professor Rick Sherman takes the guesswork out of creating systems that are cost-effective, reusable and essential for transforming raw data into valuable information for business decision-makers. After reading this book, you will be able to design the overall architecture for functioning business intelligence systems with the supporting data warehousing and data-integration applications. You will have the information you need to get a project launched, developed, managed and delivered on time and on budget – turning the deluge of data into actionable information that fuels business knowledge. Finally, you'll give your career a boost by demonstrating an essential knowledge that puts corporate BI projects on a fast-track to success. - Provides practical guidelines for building successful BI, DW and data integration solutions. - Explains underlying BI, DW and data integration design, architecture and processes in clear, accessible language. - Includes the complete project development lifecycle that can be applied at large enterprises as well as at small to medium-sized businesses - Describes best practices and pragmatic approaches so readers can put them into action. - Companion website includes templates and examples, further discussion of key topics, instructor materials, and references to trusted industry sources. |
| business intelligence tools benefits: Cyclopaedia of Commercial and Business Anecdotes Richard Miller Devens, 1865 |
| business intelligence tools benefits: Oracle Business Intelligence Applications Simon Miller, William Hutchinson, 2013-06-28 Implement Oracle Business Intelligence Applications Provide actionable business intelligence across the enterprise to enable informed decision-making and streamlined business processes. Oracle Business Intelligence Applications: Deliver Value Through Rapid Implementations shows how to justify, configure, customize, and extend this complete package of BI solutions. You'll get a technical walkthrough of Oracle Business Intelligence Applications architecture--from the dashboard to the data source--followed by best practices for maximizing the powerful features of each application. You will also find out about stakeholders critical to project approval and success. Optimize performance using Oracle Exalytics In-Memory Machine Deliver timely financial information to managers with Oracle Financial Analytics Enable a streamlined, demand-driven supply chain via Oracle Supply Chain and Order Management Analytics Provide end-to-end visibility into manufacturing operations with Oracle Manufacturing Analytics Optimize supply-side performance through Oracle Procurement and Spend Analytics Use Oracle Human Resources Analytics to provide key workforce information to managers and HR professionals Track the costs and labor required to maintain and operate assets with Oracle Enterprise Asset Management Analytics Maintain visibility into project performance via Oracle Project Analytics Provide actionable insight into sales opportunities using Oracle Sales Analytics Enable superior customer service with Oracle Service Analytics |
| business intelligence tools benefits: Successful Business Intelligence: Secrets to Making BI a Killer App Cindi Howson, 2007-12-17 Praise for Successful Business Intelligence If you want to be an analytical competitor, you've got to go well beyond business intelligence technology. Cindi Howson has wrapped up the needed advice on technology, organization, strategy, and even culture in a neat package. It's required reading for quantitatively oriented strategists and the technologists who support them. --Thomas H. Davenport, President's Distinguished Professor, Babson College and co-author, Competing on Analytics When used strategically, business intelligence can help companies transform their organization to be more agile, more competitive, and more profitable. Successful Business Intelligence offers valuable guidance for companies looking to embark upon their first BI project as well as those hoping to maximize their current deployments. --John Schwarz, CEO, Business Objects A thoughtful, clearly written, and carefully researched examination of all facets of business intelligence that your organization needs to know to run its business more intelligently and exploit information to its fullest extent. --Wayne Eckerson, Director, TDWI Research Using real-world examples, Cindi Howson shows you how to use business intelligence to improve the performance, and the quality, of your company. --Bill Baker, Distinguished Engineer & GM, Business Intelligence Applications, Microsoft Corporation This book outlines the key steps to make BI an integral part of your company's culture and demonstrates how your company can use BI as a competitive differentiator. --Robert VanHees, CFO, Corporate Express Given the trend to expand the business analytics user base, organizations are faced with a number of challenges that affect the success rate of these projects. This insightful book provides practical advice on improving that success rate. --Dan Vesset, Vice President, Business Analytics Solution Research, IDC |
| business intelligence tools benefits: Business Intelligence Roadmap Larissa Terpeluk Moss, S. Atre, 2003 This software will enable the user to learn about business intelligence roadmap. |
| business intelligence tools benefits: 5 Keys to Business Analytics Program Success John Boyer, Bill Frank, Brian Green, Tracy Harris, Kay Van De Vanter, 2012-11-15 A roadmap to understanding and achieving excellence in business analytics initiatives With business analytics is becoming increasingly strategic to all types of organizations and with many companies struggling to create a meaningful impact with this emerging technology, this book based on the combined experience of 10 organizations that display excellence and expertise on the subject shares the best practices, discusses the management aspects and sociology that drives success, and uncovers the five key aspects behind the success of some of the top business analytics programs in the industry. Readers will learn about numerous topics, including how to create and manage a changing business analytics strategy; align business priorities to technological innovation; quantify and demonstrate tangible business value; implement program processes that balance agility, empowerment, and control; and architecting a business analytics technology solution with future innovation in mind.This is the ideal resource for any organization that wants to learn how a business analytics program can help manage value, employees, and technology to translate strategies into actionable insight and achievement. |
| business intelligence tools benefits: Business Intelligence Jörg Greitemeyer, 2002-04-23 Inhaltsangabe:Abstract: The worldwide process of globalization makes it necessary for a firm to collect in-formation about its external environment (competitors, stakeholders, products, markets, etc.) and to relate it with the internal information of the firm. In 1985 Porter and Millar (1985) described an information revolution that affects competition in different ways. Collecting internal and external data is the necessary first step to guarantee a valid information base for strategic decisions and successful actions. The evaluation of these data for decision-making processes and the ability to see important relations and structures in the data can be supported by new IT-applications, called Business Intelligence (henceforth BI). This thesis examines the latest developments of information technologies from the Resource-based perspective of Strategic Management. The general question that motivates this thesis and needs to be answered is: Can the use of Business Intelligence Applications lead to a sustainable competitive advantage? One a more concrete level it asks, if Business Intelligence solutions can be resources that lead directly to a long-lasting competitive advantage or at least to a temporary advantage. Answering those questions pursues the aim of making a step towards the operationalization of the Resource-based View (RBV) and the more specialized Dynamic Capability View (DCV). The subject of the analysis is a specific Business Intelligence software solution, which has been chosen because it is representative of all BI applications. It is offered worldwide on the markets for analytical applications in Europe, Asia and America and based on the common data warehouse technology. This thesis is supposed to provide the base for possible further empirical work regarding this topic. The empirical work of this thesis is done in the mode of a case study concentrating on a set of information technology products. The examination of a specific application that is offered on the market Business Intelligence on an analysis based on the Resource-based view enables the proving of statements about BI with the help of concrete examples. The case study is based to substantial parts on information derived from personal interviews with Siemens Business Services, Germany and information available in the Internet. The first part of this thesis (section 2) gives an introduction and categorization of Business Intelligence. Using the example of the [...] |
| business intelligence tools benefits: Business Intelligence Strategy John Boyer, Bill Frank, Brian Green, Tracy Harris, Kay Van De Vanter, 2010 Geared toward IT management and business executives seeking to excel in business intelligence initiatives, this practical guide explores creating business alignment strategies that help prioritize business requirements, build organizational and cultural strategies, increase IT efficiency, and promote user adoption. Business intelligence, together with business analytics and performance management, eliminates information overload by organizing the massive amounts of information available in the modern enterprise. Addressing the challenges of business intelligence operations, this resource supports the goal of better business decision making and identifying unrealized opportunities. Each chapter includes a checklist of recommended approaches and a strategy overview template. |
| business intelligence tools benefits: Business Intelligence Rimvydas Skyrius, 2022-03-09 This book examines the managerial dimensions of business intelligence (BI) systems. It develops a set of guidelines for value creation by implementing business intelligence systems and technologies. In particular the book looks at BI as a process – driven by a mix of human and technological capabilities – to serve complex information needs in building insights and providing aid in decision making. After an introduction to the key concepts of BI and neighboring areas of information processing, the book looks at the complexity and multidimensionality of BI. It tackles both data integration and information integration issues. Bodies of knowledge and other widely accepted collections of experience are presented and turned into lessons learned. Following a straightforward introduction to the processes and technologies of BI the book embarks on BI maturity and agility, the components, drivers and inhibitors of BI culture and soft BI factors like attention, sense and trust. Eventually the book attempts to provide a holistic view on business intelligence, possible structures and tradeoffs and embarks to provide an outlook on possible developments in BI and analytics. |
| business intelligence tools benefits: Business Intelligence Marie-Aude Aufaure, Esteban Zimányi, 2012-01-16 Business Intelligence (BI) promises an organization the capability of collecting and analyzing internal and external data to generate knowledge and value, providing decision support at the strategic, tactical, and operational levels. Business Intelligence is now impacted by the Big Data phenomena and the evolution of society and users, and needs to take into account high-level semantics, reasoning about unstructured and structured data, and to provide a simplified access and better understanding of diverse BI tools accessible trough mobile devices. In particular, BI applications must cope with additional heterogeneous (often Web-based) sources, e.g., from social networks, blogs, competitors’, suppliers’, or distributors’ data, governmental or NGO-based analysis and papers, or from research publications. The lectures held at the First European Business Intelligence Summer School (eBISS), which are presented here in an extended and refined format, cover not only established BI technologies like data warehouses, OLAP query processing, or performance issues, but extend into new aspects that are important in this new environment and for novel applications, e.g., semantic technologies, social network analysis and graphs, services, large-scale management, or collaborative decision making. Combining papers by leading researchers in the field, this volume will equip the reader with the state-of-the-art background necessary for inventing the future of BI. It will also provide the reader with an excellent basis and many pointers for further research in this growing field. |
| business intelligence tools benefits: Business Intelligence David Loshin, 2012-11-27 Business Intelligence: The Savvy Managers Guide, Second Edition, discusses the objectives and practices for designing and deploying a business intelligence (BI) program. It looks at the basics of a BI program, from the value of information and the mechanics of planning for success to data model infrastructure, data preparation, data analysis, integration, knowledge discovery, and the actual use of discovered knowledge. Organized into 21 chapters, this book begins with an overview of the kind of knowledge that can be exposed and exploited through the use of BI. It then proceeds with a discussion of information use in the context of how value is created within an organization, how BI can improve the ways of doing business, and organizational preparedness for exploiting the results of a BI program. It also looks at some of the critical factors to be taken into account in the planning and execution of a successful BI program. In addition, the reader is introduced to considerations for developing the BI roadmap, the platforms for analysis such as data warehouses, and the concepts of business metadata. Other chapters focus on data preparation and data discovery, the business rules approach, and data mining techniques and predictive analytics. Finally, emerging technologies such as text analytics and sentiment analysis are considered. This book will be valuable to data management and BI professionals, including senior and middle-level managers, Chief Information Officers and Chief Data Officers, senior business executives and business staff members, database or software engineers, and business analysts. - Guides managers through developing, administering, or simply understanding business intelligence technology - Keeps pace with the changes in best practices, tools, methods and processes used to transform an organization's data into actionable knowledge - Contains a handy, quick-reference to technologies and terminology |
| business intelligence tools benefits: Business Intelligence For Dummies Swain Scheps, 2011-02-04 You're intelligent, right? So you've already figured out that Business Intelligence can be pretty valuable in making the right decisions about your business. But you’ve heard at least a dozen definitions of what it is, and heard of at least that many BI tools. Where do you start? Business Intelligence For Dummies makes BI understandable! It takes you step by step through the technologies and the alphabet soup, so you can choose the right technology and implement a successful BI environment. You'll see how the applications and technologies work together to access, analyze, and present data that you can use to make better decisions about your products, customers, competitors, and more. You’ll find out how to: Understand the principles and practical elements of BI Determine what your business needs Compare different approaches to BI Build a solid BI architecture and roadmap Design, develop, and deploy your BI plan Relate BI to data warehousing, ERP, CRM, and e-commerce Analyze emerging trends and developing BI tools to see what else may be useful Whether you’re the business owner or the person charged with developing and implementing a BI strategy, checking out Business Intelligence For Dummies is a good business decision. |
| business intelligence tools benefits: Non-Invasive Data Governance Robert S. Seiner, 2014-09-01 Data-governance programs focus on authority and accountability for the management of data as a valued organizational asset. Data Governance should not be about command-and-control, yet at times could become invasive or threatening to the work, people and culture of an organization. Non-Invasive Data Governance™ focuses on formalizing existing accountability for the management of data and improving formal communications, protection, and quality efforts through effective stewarding of data resources. Non-Invasive Data Governance will provide you with a complete set of tools to help you deliver a successful data governance program. Learn how: • Steward responsibilities can be identified and recognized, formalized, and engaged according to their existing responsibility rather than being assigned or handed to people as more work. • Governance of information can be applied to existing policies, standard operating procedures, practices, and methodologies, rather than being introduced or emphasized as new processes or methods. • Governance of information can support all data integration, risk management, business intelligence and master data management activities rather than imposing inconsistent rigor to these initiatives. • A practical and non-threatening approach can be applied to governing information and promoting stewardship of data as a cross-organization asset. • Best practices and key concepts of this non-threatening approach can be communicated effectively to leverage strengths and address opportunities to improve. |
| business intelligence tools benefits: Data Science for Decision Makers & Data Professionals Eric Van Der Steen, 2021-03-15 Learn how to embed data science, Big Data and AI in your organization's decision-making process and make your organization more data-driven, profitable, and intelligent in 10 steps. Book description This book covers every aspect of the implementation of data science, from the algorithms that make your decisions more refined, effective and faster to the people, skills, culture, and mindset required to make it happen. How do you set the right KPIs and targets? How are the best data-driven organizations structured? Why do you need a data warehouse or data lake? How do you manage a data science project? This book tackles every question relevant to implementing data science. Many organizations start by collecting data without a goal, but that data science approach is doomed to fail. This book takes you through the process of implementing data science from the ground floor all the way to the top. It all starts with the question: what do we want to achieve? It covers all the subsequent steps on a macro and micro level, from the process of registering data, to processing it, to the organization's response. All the relevant data science techniques and technologies are discussed, from algorithms and AI to the right management strategies. Based on many practical case studies and best practices, this book reveals what works and what doesn't. Benefit from the author's many years of experience in making organizations more intelligent and data-driven as a consultant and an educator. What you will learn - The most important benefits of data science. - The essential aspects of decision making and the role of data science. - How to determine the right KPIs and use them to manage effectively. - How to turn data into knowledge and information. - How to make your organization more agile. - The many types of algorithms that can be used to make more effective decisions on every level. - How to manage data science projects - who and what do you need to effectively implement data science? - How to design a data science roadmap. - And much, much more. Who is this book for This book is for every manager or professional, and all those who want to learn how to embed the effective use of data science in every facet of the organization. This comprehensive management handbook is a must-read for (business) consultants, business managers, Chief Data Officers (CDOs), CIOs, and other executives, project managers, Data Science consultants, Data Scientists, AI consultants, (business) controllers, quality managers, and BI consultants. |
| business intelligence tools benefits: Mastering Business Intelligence (BI) Cybellium Ltd, Unleash the Power of Data with Mastering Business Intelligence (BI) In today's data-driven world, businesses rely on Business Intelligence (BI) to transform raw data into actionable insights. BI professionals are at the forefront of this revolution, enabling organizations to make informed decisions and gain a competitive edge. Mastering Business Intelligence (BI) is your comprehensive guide to excelling in the world of BI, providing you with the knowledge, skills, and strategies to become a data-savvy expert. Your Path to BI Excellence Business Intelligence is not just about collecting data; it's about turning it into meaningful information and driving strategic outcomes. Whether you're new to BI or an experienced professional aiming to sharpen your skills, this book will empower you to master the art of Business Intelligence. What You Will Discover BI Fundamentals: Gain a deep understanding of BI concepts, methodologies, and tools, from data warehousing to data visualization. Data Analysis: Dive into data analysis techniques, data modeling, and data manipulation to extract valuable insights from diverse datasets. Data Visualization: Learn the art of storytelling through data with effective data visualization and reporting techniques. BI Tools and Technologies: Explore popular BI tools like Tableau, Power BI, and QlikView, and discover how to leverage them for maximum impact. Data Governance and Ethics: Understand the importance of data governance, data quality, and ethical considerations in BI. Career Advancement: Explore career pathways in the BI field and learn how mastering BI can open doors to exciting job opportunities. Why Mastering Business Intelligence (BI) Is Essential Comprehensive Coverage: This book provides comprehensive coverage of BI topics, ensuring you have a well-rounded understanding of BI concepts and applications. Expert Guidance: Benefit from insights and advice from experienced BI professionals and industry experts who share their knowledge and best practices. Career Advancement: BI offers a wide range of career opportunities, and this book will help you unlock your full potential in this dynamic field. Stay Ahead: In a data-driven world, mastering BI is vital for staying competitive and contributing to data-driven decision-making. Your Journey to BI Mastery Begins Here Mastering Business Intelligence (BI) is your roadmap to excelling in the world of BI and advancing your career. Whether you aspire to be a BI analyst, data scientist, or BI consultant, this guide will equip you with the skills and knowledge to achieve your goals. Mastering Business Intelligence (BI) is the ultimate resource for individuals seeking to excel in the world of Business Intelligence. Whether you are new to BI or looking to enhance your skills, this book will provide you with the knowledge and strategies to become a data-savvy expert. Don't wait; begin your journey to BI mastery today! © 2023 Cybellium Ltd. All rights reserved. www.cybellium.com |
| business intelligence tools benefits: Applying Business Intelligence Initiatives in Healthcare and Organizational Settings Miah, Shah J., Yeoh, William, 2018-07-13 Data analysis is an important part of modern business administration, as efficient compilation of information allows managers and business leaders to make the best decisions for the financial solvency of their organizations. Understanding the use of analytics, reporting, and data mining in everyday business environments is imperative to the success of modern businesses. Applying Business Intelligence Initiatives in Healthcare and Organizational Settings incorporates emerging concepts, methods, models, and relevant applications of business intelligence systems within problem contexts of healthcare and other organizational boundaries. Featuring coverage on a broad range of topics such as rise of embedded analytics, competitive advantage, and strategic capability, this book is ideally designed for business analysts, investors, corporate managers, and entrepreneurs seeking to advance their understanding and practice of business intelligence. |
| business intelligence tools benefits: The Future of Business Intelligence Elijah Falode, 2021-03-29 If you bought MICROSOFT POWER BI DEMYSTIFIED, it is imperative to know the THE FUTURE OF BUSINESS INTELLIGENCE.Hi friend, I want to thank you for spending time to go through my bookshelf. I believe this book you are about to read/order will transform how you do business. As we all know, the competition in the business world is a survival of the fittest. It's so fierce that sales reps and business go to the extent of studying library of books on psychology, business, and sales. No one wants to lose. So we see business men and women finding the answers in books such as Arts of War and other books on business secrets, psychology, and methodology. These materials may be helpful in solving your business challenges. Nonetheless, much more is achieved when this derived knowledge is integrated with the 21st century data intelligence for your business or corporation. This system forms the basis of business intelligence (BI).Business intelligence is a technology which helps you collect, analyze, transform, report, and query data of existing and prospective customers. With this, BI gives you insights into the trends and needs of customers. This information is a weapon that helps you in offering products and services which your customers so much desire. BI reduces the risk of misguided decisions or unprofitable investments. Instead, your Return of Investment (ROI) is maximized and there is a boost in the revenue and achievements of your business.Business intelligence is good for every business or organization. It puts business brands ahead of their competitors and every knowledge you need to set up a business intelligence strategy is revealed in this enlightening book.Kindly order your copies, leave feedback as I promise to release more book to support businesses in leveraging the power of business intelligence in improving their bottom line.Cheers, Elijah Falode |
| business intelligence tools benefits: Cutting-Edge Business Technologies in the Big Data Era Saad G. Yaseen, 2023-08-30 This book highlights applied artificial intelligence techniques, tools, and systems to drive strategic advantages, improve operational efficiency, and create added value. The focus is very much on practical applications and how to maximize the value of these technologies. They are being applied across businesses to enhance innovation, improve performance, increase profit, support critical thinking, and ultimately create customer-added value. Whether you are a researcher, manager, or decision-maker, this book provides valuable insights to help you harness the power of AI and big data analytics in your organization. This book attempts to provide answers to the most important questions: Quo Vadis applied artificial intelligence? Quo Vadis cutting-edge business technologies? |
| business intelligence tools benefits: Business Intelligence Career Master Plan Eduardo Chavez, Danny Moncada, 2023-08-31 Learn the foundations of business intelligence, sector trade-offs, organizational structures, and technology stacks while mastering coursework, certifications, and interview success strategies Purchase of the print or Kindle book includes a free PDF eBook Key Features Identify promising job opportunities and ideal entry point into BI Build, design, implement, and maintain BI systems successfully Ace your BI interview with author's expert guidance on certifications, trainings, and courses Book DescriptionNavigating the challenging path of a business intelligence career requires you to consider your expertise, interests, and skills. Business Intelligence Career Master Plan explores key skills like stacks, coursework, certifications, and interview advice, enabling you to make informed decisions about your BI journey. You’ll start by assessing the different roles in BI and matching your skills and career with the tech stack. You’ll then learn to build taxonomy and a data story using visualization types. Additionally, you’ll explore the fundamentals of programming, frontend development, backend development, software development lifecycle, and project management, giving you a broad view of the end-to-end BI process. With the help of the author’s expert advice, you’ll be able to identify what subjects and areas of study are crucial and would add significant value to your skill set. By the end of this book, you’ll be well-equipped to make an informed decision on which of the myriad paths to choose in your business intelligence journey based on your skill set and interests.What you will learn Understand BI roles, roadmap, and technology stack Accelerate your career and land your first job in the BI industry Build the taxonomy of various data sources for your organization Use the AdventureWorks database and PowerBI to build a robust data model Create compelling data stories using data visualization Automate, templatize, standardize, and monitor systems for productivity Who this book is for This book is for BI developers and business analysts who are passionate about data and are looking to advance their proficiency and career in business intelligence. While foundational knowledge of tools like Microsoft Excel is required, having a working knowledge of SQL, Python, Tableau, and major cloud providers such as AWS or GCP will be beneficial. |
BUSINESS | English meaning - Cambridge Dictionary
BUSINESS definition: 1. the activity of buying and selling goods and services: 2. a particular company that buys and….
VENTURE | English meaning - Cambridge Dictionary
VENTURE definition: 1. a new activity, usually in business, that involves risk or uncertainty: 2. to risk going….
ENTERPRISE | English meaning - Cambridge Dictionary
ENTERPRISE definition: 1. an organization, especially a business, or a difficult and important plan, especially one that….
INCUMBENT | English meaning - Cambridge Dictionary
INCUMBENT definition: 1. officially having the named position: 2. to be necessary for someone: 3. the person who has or….
AD HOC | English meaning - Cambridge Dictionary
AD HOC definition: 1. made or happening only for a particular purpose or need, not planned before it happens: 2. made….
LEVERAGE | English meaning - Cambridge Dictionary
LEVERAGE definition: 1. the action or advantage of using a lever: 2. power to influence people and get the results you….
ENTREPRENEUR | English meaning - Cambridge Dictionary
ENTREPRENEUR definition: 1. someone who starts their own business, especially when this involves seeing a new opportunity….
CULTIVATE | English meaning - Cambridge Dictionary
CULTIVATE definition: 1. to prepare land and grow crops on it, or to grow a particular crop: 2. to try to develop and….
EQUITY | English meaning - Cambridge Dictionary
EQUITY definition: 1. the value of a company, divided into many equal parts owned by the shareholders, or one of the….
LIAISE | English meaning - Cambridge Dictionary
LIAISE definition: 1. to speak to people in other organizations, etc. in order to work with them or exchange….
BUSINESS | English meaning - Cambridge Dictionary
BUSINESS definition: 1. the activity of buying and selling goods and services: 2. a particular company that buys and….
VENTURE | English meaning - Cambridge Dictionary
VENTURE definition: 1. a new activity, usually in business, that involves risk or uncertainty: 2. to risk going….
ENTERPRISE | English meaning - Cambridge Dictionary
ENTERPRISE definition: 1. an organization, especially a business, or a difficult and important plan, especially one that….
INCUMBENT | English meaning - Cambridge Dictionary
INCUMBENT definition: 1. officially having the named position: 2. to be necessary for someone: 3. the person who has or….
AD HOC | English meaning - Cambridge Dictionary
AD HOC definition: 1. made or happening only for a particular purpose or need, not planned before it happens: 2. made….
LEVERAGE | English meaning - Cambridge Dictionary
LEVERAGE definition: 1. the action or advantage of using a lever: 2. power to influence people and get the results you….
ENTREPRENEUR | English meaning - Cambridge Dictionary
ENTREPRENEUR definition: 1. someone who starts their own business, especially when this involves seeing a new opportunity….
CULTIVATE | English meaning - Cambridge Dictionary
CULTIVATE definition: 1. to prepare land and grow crops on it, or to grow a particular crop: 2. to try to develop and….
EQUITY | English meaning - Cambridge Dictionary
EQUITY definition: 1. the value of a company, divided into many equal parts owned by the shareholders, or one of the….
LIAISE | English meaning - Cambridge Dictionary
LIAISE definition: 1. to speak to people in other organizations, etc. in order to work with them or exchange….
