1Why do organizations need business intelligence
using information systems to gather and analyze inforrmation from internal and external sources to make better business decisions.
2Bi Use
intergrate data from disconnected reports, databases, and spreadsheets
3Big Data: The Three V's
High Volume, High Variety, High Velocity
4High Volume
Unprecedented amounts of data
5High Variety
Structured data
6High Velocity
Rapid data input and processing to maximize value
7Online Analyitical Processing (OLAP)
complex analyses of data beyond simple queries
8Main OLAP component
OLAP server
9OLAP Measures
facts, numerical data that can be aggregated
10OLAP Dimensions
provides a way to summarize data and arrange it hierarchically to enable drill-down and roll-up
11OLAP Cubes
Represent multidimensional structure of dimensions and measures
12OLAP Slicing and dicing
analyzing the data on subsets of the dimensions of a cube
13Visualization
the display of complex data relationships using a variety of graphical methods
14Dashboards
various graphical elements highlighting important information
15Data Mining
used to discover "hidden" predictive relationships in the data
16Data mining finds
patterns, trends, and rules
17Types of data mining algorithms
Association discovery, clustering, classification, text and web content mining
18Knowledge management systems
explicit knowledge assets can easily be documented, archived, and codified
19Knowledge managment systems are used
to collect and organize data, so it can be searched and used by employees