3. Business Intelligence (BI)
definition
Business intelligence (BI) is the set of
techniques and tools for the transformation of raw
data into meaningful and useful information
for business analysis purposes.
or
A BI system in other words is a combination of
data warehousing and decision support systems.
5. Components
User/End-User Query and Reporting
OLAP
Data Mining
Analytics
Business performance Management
Enterprise Management System
6. OLAP
OLAP performs fast analysis of multidimensional
business data and provides the capability for complex
calculations, trend analysis, and sophisticated data
modeling.
Operations
Slicing and Dicing
Drill Down/Up
Roll-up/summarizing
Pivot
7. Data Mining
Data mining is the process of analyzing data from
different perspectives and summarizing it into useful
information.
Technically, data mining is the process of finding
correlations or patterns among dozens of fields in
large relational databases.
Tool: SAS Enterprise miner
8. Analytics
Analysis of customer
Relationship with bank
And accessing
profitability
Customer Analytics
Sales performance ,branch
performance
Performance Analytics
Early detection of fraud
And enables them to
Deploy better monitoring
mechanics
Fraud Analytics
Social Media have a large
Volume of data that can be
Used for designing new
products
Social Analytics
Frequently accessed
services
Channel Analytics
Analytics
10. Why BI solutions ?
To store and analyze data
To understand the health of the organisation(strength
and weakness)
Reduce decision making time – Quickly understand
the performance of a scheme and react accordingly.
Impact the bottom line by measuring specific
parameters( eg: branch performance)
To provide key performance indicators
11. Significance
To know about Competitors…Market….
To know about Customers
For avoiding Guesswork…
For improving performance…
13. Challenges
BI users are beginning to demand
[Real time BI] or near real time
analysis relating to their business.
They will come to expect up to date and fresh information in the same
fashion as they monitor stock quotes online.
Monthly and even weekly analysis
will not suffice
Future BI will increasingly has to be real time and pro active
14. Comparison btw market 1st and
2nd
BUISNESS OJECTS ORACLE BUISNESS INTELLIGENCE
FOUNDATION SUITE
BusinessObjects XI Oracle Business Intelligence Foundation
Suite 11g
SAP BusinessObjects BI (also known as
BO or BOBJ) is a suite of front –end
applications that allow business users to
view, sort and analyze business
intelligence data.
provides enterprise reporting,
dashboards, ad-hoc analysis, multi-
dimensional OLAP, scorecards, and
predictive analytics on an integrated
platform
Crystal Reports -- Enables users to
design and generate reports
Crystal reports available
Dashboards -- Allows users to create
interactive dashboards that contain
charts and graphs for visualizing data
Dash boards available
15. BUISNESS OJECTS ORACLE BUISNESS INTELLIGENCE
FOUNDATION SUITE
Web Intelligence -- Provides a self-
service environment for
creating adhoc queries and analysis of
data both online and offline.
Explorer -- Allows users to search
through BI data sources using an i-
Tunes like interface match.
It is having a simple GUI where All
functions are simple drag and drop
operations they can create their own
ad-hoc analysis, dashboards and
reports.
Disadvantage if you want to run reports and
dashboards for a very large number of
users you will
probably be better of with OBIEE,SAS
Advantage cost is very high
16. BUISNESS OJECTS ORACLE BUISNESS INTELLIGENCE
FOUNDATION SUITE
Disadvantage Better infrastructure and Architecture
17. BEST BI TOOL: OBIFS
Starting pt
Visualisations
Operations like pivot
Interactive dashboards
Data structure complexity
Meta data layer
No need to understand
physical
Adhoc analysis and
Interactive reporting
dashboards,
analyses, reports,
scorecards, maps,
alerts
Mobile analytics
functionality allows
the creation of highly
formatted templates,
reports,
Enterprise Reporting
alert engine that
can trigger workflows
based on business events
and notify stakeholders
Proactive Detection
and Alerts.
OBIFS
spatial attribute can be
visualized on a spatial
Visualization known as a
Map View
Spatial visualisation
18. Features
Oracle Business Intelligence Foundation Suite (OBIFS) is a rich
business intelligence tool with several features .Some of the key
features are described below:
Capability to integrate with other systems in the environment.
Flexibility of semantic business modeling layer
Ease of use for business users
OBIFS also has a pre-built mapping engine.
Since we are using oracle database the best tool available is obifs