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Management Support Systems




                    Notes          7.6 Summary

                                       Business analytics (BA) is the practice of iterative, methodical exploration of an
                                       organization’s data with emphasis on statistical analysis.

                                       Once the business goal of the analysis is determined, an analysis methodology is selected
                                       and data is acquired to support the analysis.

                                       Data visualization is the presentation of data in a pictorial or graphical format.
                                       Visualizations convey information in a universal manner and make it simple to share
                                       ideas with others.

                                       Online analytical processing (OLAP) is defined as “The dynamic synthesis, analysis, and
                                       consolidation large volumes of multi-dimensional data.”
                                       Online analytical processing (OLAP) is a method of using multidimensional databases to
                                       support quick reporting, frequently involving trend-analysis.
                                       Geographical Information Systems (GIS) are computer-based systems that enable users to
                                       collect, store, process, analyze and present spatial data.
                                       Multimedia is a technology that encompasses various types of data and presents them in
                                       an integrated form.

                                   7.7 Keywords


                                   Business Analytics: Business analytics (BA) is the practice of iterative, methodical exploration of
                                   an organization’s data with emphasis on statistical analysis.
                                   Data Input Subsystem: A Data Input subsystem allows the user to capture, collect, and transform
                                   spatial and thematic data into digital form.
                                   Data Visualization: Data visualization is the presentation of data in a pictorial or graphical
                                   format.

                                   GIS: Geographical Information Systems (GIS) are computer-based systems that enable users to
                                   collect, store, process, analyze and present spatial data.
                                   Hybrid OLAP: Hybrid OLAP divides the total data between the relational database and the
                                   specialized storage area for storing important data elements.
                                   Multimedia: Multimedia is a technology that encompasses various types of data and presents
                                   them in an integrated form.
                                   OLAP: Online analytical processing (OLAP) is a method of using multidimensional databases to
                                   support quick reporting, frequently involving trend-analysis.
                                   Virtual Reality GIS: Virtual Reality GIS allows the creation, manipulation and exploration of
                                   geo-referenced virtual environments.

                                   7.8 Review Questions


                                   1.  Explain the concept of business analytics with example.
                                   2.  Describe the importance of Data visualization.
                                   3.  What is Interactive Visualization? Illustrate with example.
                                   4.  Explain the concept of OLAP with example.




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