By: Tom Markley.  What is Business Intelligence?  When did Business Intelligence begin?  How is Business Intelligence used today?  Where is Business.

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Presentation transcript:

By: Tom Markley

 What is Business Intelligence?  When did Business Intelligence begin?  How is Business Intelligence used today?  Where is Business Intelligence headed? Overview

 Business Intelligence (BI) refers to computer-based techniques used in analyzing business data.  BI technologies provide historic, current, and predictive views to business operations.  Common Functions: Reporting, Analytical Processes, Data Mining, Benchmarking, Predictive Analysis.  Data + BI = Better Decision Making

 1958 – IBM researcher Hans Peter Luhn used the term “business intelligence” and defined the word “intelligence” as “the ability to apprehend the interrelationships of presented facts in such a way as to guide action towards a desired goal.”  1989 – Howard Dresner proposed BI as an umbrella term to describe “concepts and methods to improve business decision making by using fact-based support systems.”

 Raw Data  Useful Information  Measurement  Progress towards goals.  Analysis  Quantitative processes for better decision making.  Reporting  Building/Visualizing strategies and results.  Collaboration  Sharing information to external branches of business.  Knowledge  Using what you learn.

1.Business Objects 2.SAS 3.Cognos 4.Microsoft 5.Hyperion

 As technology expands, so does BI  More accurate predictive analysis  More platforms and vendors  Software as a Service (SaaS)  Real-Time Business Intelligence  Fix “drowning in terabytes of data”

 User resistance  Users do not believe the results  Poor data and poor data warehouses.  Lack of understanding within business.

 IBM "Sketching the Future" IBM "Sketching the Future"

 BI – Computer-based techniques used to analyze data, form reports, make predictions, and allow for quality decision making.  Mid 1990’s – Howard Dresner  Potential Problems exist, but are workable.  Will grow quickly in the near future.

 Business Intelligence Solutions   Microsoft Business Intelligence   Cognos BI and Performance Management 