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Unit 12: Business Intelligence




                                                                                                Notes
             

             Caselet     Business Intelligence Tech Meet to Discuss Emerging
                         Trends

             Marlabs, a Bangalore-based provider of IT services, is sponsoring a ‘Business Intelligence
             Technology’ conference at the Thiruvananthapuram Technopark.
             The event will focus on emerging trends in Business Intelligence (BI) Technology, a Marlabs
             spokesman said.

             It will feature eminent speakers from leading information technology companies including
             Marlabs, Infosys, UST Global, NeST and Kreara.
             The conference will discuss latest developments in emerging BI areas such as predictive
             analytics, Big Data, mobile BI, social BI and advanced visualisations. It will also highlight
             the growing job opportunities for newly graduated software professionals in the Tier II
             and Tier III cities.
             Mr Anil Raghavan, chief delivery officer, Marlabs, said that “BI is one of the fastest growing
             areas in the IT industry today. Tier II and Tier III cities offer a large talent pool to keep pace
             with the growing demand for BI solutions”.

          Source:  http://www.thehindubusinessline.com/industry-and-economy/info-tech/business-intelligence-
          tech-meet-to-discuss-emerging-trends/article3657955.ece

          Self Assessment

          Fill in the blanks:
          1.   ............................................ is a broad category of applications and technologies for gathering,
               storing, analysing, and providing access to data to  help enterprise  users make  better
               business decisions.
          2.   Business  Intelligence is  a ............................................  and  database  that can  provide
               professionals with the information they need  to make the most effective decisions for
               their  organisation.

          12.2 Data Warehouse

          A business intelligence data warehouse is an enterprise-wide store of cleansed, reconciled data
          extracted from a wide variety of operational systems and optimised for reporting, analysis, and
          monitoring.
          Organisations collect and store increasing amounts of information about every aspect of their
          business. However, just having a data warehouse does not provide organisations with any clear
          business benefits. To realise any type of benefits, IT organisations need  systems that  allow
          employees to make strategic and tactical decisions based on the information stored in these data
          warehouses.
          BI relies on Data Warehousing (a data repository designed to support an organisation’s decision
          making), making cost-effective storing and managing of warehouse data critical to any BIDW
          solution. Without an effective data warehouse, organisations cannot extract the data required
          for information analysis in time to facilitate expedient decision-making. The ability to obtain
          information in real-time has become increasingly critical  in recent  years because  decision-




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