Business Intelligence Definition & Functions

Business Intelligence Definition & Functions

11:54 PM

Business Intelligence

Category of applications, technologies and processes to collect, store, access and analyze data to help business users in Making better decisions. The use of BI in organizations vary greatly. In smaller organizations, the use of BI software is limited to Excel spreadsheets. Whereas in larger organizations, some BI applications include data mining, dashboards and data visualization.

Business Intelligence Function

  • Business Intelligence Applications for Data Analysis
  1. Multidimensional Analysis atau Online Analytical Processing. Online analytical processing (OLAP), refers to the ability of a multidimensional analysis. OLAP involves a process of "slicing" & "dicing" of data in a dimensional format, detailing the data to get a more complete detail and aggregating data.
  2. Data mining, refers to the process of finding valuable business information in large databases, data warehouses or data marts. Data mining can run 2 basic operations, namely: Predicting trends and behavior. Identify the previous pattern ..
  3. Decision support systems (DSS), combine models and data, aimed at analyzing the problems of semi-structured and unstructured, involving users extensively.
  • BI Applications for Presenting Results
Dashboards, is the development of executive information systems, where information systems are designed specifically to meet the information needs of top executives. Dashboard provides easier access and direct access to management reports. The dashboard is also very user friendly, supported by images and more importantly, allows managers to trace exception reports and drill down to more detailed data.
Ability of the Dashboard

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