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Business Intelligence




                    Notes          1.6 Keywords

                                   Business Intelligence (BI): Business Intelligence (BI) is a set of ideas, methodologies, processes,
                                   architectures, and technologies that change raw data into significant and useful data for business
                                   purpose.
                                   Business Intelligence Applications: Business intelligence applications provide integrated business
                                   applications, hardware, software, and consulting services.
                                   Data Marts: A data mart is the access layer of the data warehouse environment that is used to get
                                   data out to the users.
                                   Data Warehouse: In computing, a data warehouse or enterprise data warehouse (DW, DWH, or
                                   EDW) is a database used for reporting and data analysis.

                                   Extract, Transform and Load (ETL): The process of extracting data from source systems and
                                   bringing it into the data warehouse is commonly called ETL.
                                   Magnetic Tape: Magnetic tape is a medium for magnetic recording, made of a thin magnetisable
                                   coating on a long, narrow strip of plastic film.
                                   Online Analytical Processing (OLAP): OLAP is part of the broader category of business
                                   intelligence, which also encompasses relational database, report writing and data mining.

                                   Query Management Facility (QMF): Query Management Facility is a query tool invented by
                                   IBM, for interfacing with their DB2 system. The most recent version is Version 9.2.

                                   1.7 Review Questions

                                   1.  What is Business Intelligence (BI)?

                                   2.  Define Business Intelligence. Give some examples.
                                   3.  Briefly discuss history of Business Intelligent.
                                   4.  Explain the concept of the data warehouse.

                                   5.  What is offline Extract, Transform, and Load?
                                   6.  What do you understand by data-mining engines?
                                   7.   “Implementing a data mart can be less expensive than implementing a data warehouse”.
                                       Elucidate.
                                   8.  What is the purpose of business intelligence systems?
                                   9.  What are the key advantages of business intelligence system?
                                   10.  Write the brief description of Business Intelligence Applications.

                                   Answers: Self Assessment

                                   1.  Business Intelligence             2.   Spotting, investigating

                                   3.  Infrastructure                    4.   Extract, Transform, and Load (ETL)
                                   5.  Magnetic tapes                    6.   Enterprise systems
                                   7.  Transform function                8.   ETL
                                   9.  Online ETL                        10.  Knowledge





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