Copyright © 2014 Pearson Education, Inc. 1 Managers need high-quality and timely information to support decision making Chapter 6 - Enhancing Business.

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Copyright © 2014 Pearson Education, Inc. 1 Managers need high-quality and timely information to support decision making Chapter 6 - Enhancing Business Intelligence Using Information Systems

Copyright © 2014 Pearson Education, Inc. 2 Chapter 6 Learning Objectives Business Intelligence Describe the concept of business intelligence and how databases serve as a foundation for gaining business intelligence. Business Intelligence Components Explain the three components of business intelligence: information and knowledge discovery, business analytics, and information visualization.

Copyright © 2014 Pearson Education, Inc. 3 Why Organizations Need Business Intelligence: Threats and Opportunities

Copyright © 2014 Pearson Education, Inc. 4 Why Organizations Need Business Intelligence: Understanding Big Data Businesses are dealing with the challenge of “Big Data” – High Volume Unprecedented amounts of data – High Variety Structured data Unstructured data – High Velocity Rapid processing to maximize value

Copyright © 2014 Pearson Education, Inc. 5 Why Organizations Need Business Intelligence: Continuous Planning

Copyright © 2014 Pearson Education, Inc. 6 Databases: Terminology

Copyright © 2014 Pearson Education, Inc. 7 Databases: Tables and Records

Copyright © 2014 Pearson Education, Inc. 8 Databases: Effective Management The Data Model – What data will be captured – How the data will be represented The Data Dictionary – Document of database metadata Attribute name Type of data Valid values Business rules

Copyright © 2014 Pearson Education, Inc. 9 Business Intelligence Components Business Intelligence Describe the concept of business intelligence and how databases serve as a foundation for gaining business intelligence. Business Intelligence Components Explain the three components of business intelligence: information and knowledge discovery, business analytics, and information visualization.

Copyright © 2014 Pearson Education, Inc. 10 Information and Knowledge Discovery: Common Reports and Queries Report/QueryDescription Scheduled reportsReports produced at predefined intervals—daily, weekly, or monthly—to support routine decisions Key-indicator reportsReports that provide a summary of critical information on a recurring schedule Exception reportsReports that highlight situations that are out of the normal range Drill-down reportsReports that provide greater detail, so as to help analyze why a key indicator is not at an appropriate level or why an exception occurred Ad hoc queriesQueries answering unplanned information requests to support a non-routine decision; typically not saved to be run again

Copyright © 2014 Pearson Education, Inc. 11 Business Analytics to Support Decision Making

Copyright © 2014 Pearson Education, Inc. 12 Information Visualization Dashboards – Comprised of Key Performance Indicator’s (KPIs) – Visual display of Summary information – Aids in situational awareness and decision making Visual Analytics – Interactive graphics for complex analysis Geographic Information Systems – Visualizing geographic information

Copyright © 2014 Pearson Education, Inc. 13 Information Visualization: Digital Dashboard of Business Data

Copyright © 2014 Pearson Education, Inc. 14 Information Visualization: Geographical Data

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