BUSINESS INTELLIGENCE CHAPTER 1 Business

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Description: BUSINESS INTELLIGENCE CHAPTER 1 Business Intelligence: Carlo Vercellis 1 Definition of BI:- Set of mathematical models and analysis methodologies that exploit the available data to generate information and knowledge useful for complex

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slide1. BUSINESS INTELLIGENCE CHAPTER 1
Business Intelligence: Carlo Vercellis 1<br>
slide2. Definition of BI:- Set of mathematical models and analysis methodologies that exploit the available data to generate information and knowledge useful for complex decision making process. Today’s Scenario:
Low cost data storage technologies
Availability of internet
Heterogeneous data
Need to convert data into information 2 Sudha Bhagavatheeswaran, Department of Information Technology,
SIES College of Arts, Science & Commerce (Autonomous)<br>
slide3. Eg 1:- Retention in mobile industry
Eg 2:- Logistics Planning 3 EFFECTIVE AND TIMELY DECISIONS Sudha Bhagavatheeswaran, Department of Information Technology,
SIES College of Arts, Science & Commerce (Autonomous)<br>
slide4. Benefits of a Business Intelligence System 4 Sudha Bhagavatheeswaran, Department of Information Technology,
SIES College of Arts, Science & Commerce (Autonomous)<br>
slide5. 5 Sudha Bhagavatheeswaran, Department of Information Technology,
SIES College of Arts, Science & Commerce (Autonomous)<br>
slide6. The role of mathematical models 6 Sudha Bhagavatheeswaran, Department of Information Technology,
SIES College of Arts, Science & Commerce (Autonomous)<br>
slide7. Business Intelligence Architectures 7 Sudha Bhagavatheeswaran, Department of Information Technology,
SIES College of Arts, Science & Commerce (Autonomous)<br>
slide8. Main Components of BI System 8 Sudha Bhagavatheeswaran, Department of Information Technology,
SIES College of Arts, Science & Commerce (Autonomous)<br>
slide9. Enabling factors in BI projects Technologies
Analytics
Human Resources 9 Sudha Bhagavatheeswaran, Department of Information Technology,
SIES College of Arts, Science & Commerce (Autonomous)<br>
slide10. 10 Sudha Bhagavatheeswaran, Department of Information Technology,
SIES College of Arts, Science & Commerce (Autonomous)<br>
slide11. Development of a business intelligence system 11 Sudha Bhagavatheeswaran, Department of Information Technology,
SIES College of Arts, Science & Commerce (Autonomous)<br>
slide12. Ethics and Business Intelligence Usage of improper data or violation of right to privacy not to be tolerated.
Guard against political and economic influence
Questions:-
Is it right to develop an optimization model on distributing costs on an international scale in order to circumvent the tax systems of certain countries?
Is it legitimate to make a decision on the optimal position of the tank on a vehicle to minimise costs, which may cause serious harm to passengers in event of collision? 12 Sudha Bhagavatheeswaran, Department of Information Technology,
SIES College of Arts, Science & Commerce (Autonomous)<br>