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Showing posts with label Business Intelligence. Show all posts
Showing posts with label Business Intelligence. Show all posts

Tuesday, February 8, 2011

Intelligent Data Mining

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Data mining has had a checkered history mainly due to technical constrains placed by limitations of software design and architecture. Most of the algorithms used in data mining are mature and have been around for over twenty years. The next challenges in data mining are not algorithmic but software design methodologies. Commonly used data mining algorithms are freely available and processes that optimize data mining computing speed are well documented.

Most early data mining software were spun off from academia and were built around an algorithm. The inability of early data mining software to integrate to external data sources and usability issues resulted in data mining being marginalized.

The cost associated with data mining is still unnecessarily high and often not cost effective. New standards in data extraction and better software platforms holds promise that the threshold barrier to entry will be reduced.
Data access standards such as OLE-DB, XML for Analysis and JSR will minimize the challenges for data access. Building a user friendly software interfaces for the end-user are the next steps in the evolution of data mining. A comparable analogy can be made with the increasing ease of use of OLAP client tools.
The J2EE and .NET software platforms offer a large spectrum of built-in APIs that enable smarter software applications.
DAT-A Architecture Overview

DAT-A : Open Source Data Mining and OLAP on MySQL

DAT-A is an open source application that is built to allow intelligent data mining. By intelligent data mining, DAT-A's software architects are creating a highly decouple application that focuses the user's attention on the data mining results and not the data extraction or data modeling process. All data exchanges are in XML and SOAP to ensure interoperability.

An enterprise version is also being planned that is built on a BEA WebLogic Server that writes to a Web Services interface.
Presently MySQL does not have built-in data mining modules. DAT-A applies a data mining abstraction layer on MySQL. The business logic for controlling the data mining model and model training is written in the J2EE framework.

For the personal edition of DAT-A, the MySQL data mining application server is contained within the business logic developed on the J2EE framework layer. In the upcoming enterprise version, the business logic and data extraction controls will be hosted on BEA's WebLogic application server.

Article Source:
[1]http://www.dwreview.com/Data_mining/Intelligent_DataMining.html

Thursday, February 3, 2011

Visual Reporting and Analysis

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Visual Reporting and AnalysisData visualization is increasingly an essential element of business intelligence (BI). No longer restricted to specialized applications, data visualization in the form of charts, maps, and other graphical representations is enabling business users to better understand data and use it to achieve tactical and strategic objectives. Moreover, data visualization is prompting a cultural shift toward more analytic, data-driven business and operations by empowering users to explore, in a graphically inviting medium, data that was previously available only in tabular reports.

This TDWI Best Practices Report, which is based on a Web survey of BI professionals and interviews with BI practitioners and experts, finds that data visualization is in the middle of a remarkable growth phase. It also reveals that data visualization contributes impressively to improvements in business user insight and productivity, as well as usage of dashboards (the preferred medium for data visualization). For instance, 74% of our survey respondents credit data visualization for a “very high” or “high” increase in business user insights.

But data visualization is never a plug-and-play solution, and one size does not fit all. Dashboard design and usage can and should vary by types of users (for example, executives versus front-line staff), purpose (strategic, tactical, operational), and industry and organizational culture (a healthcare organization versus a clothing manufacturer). Customization collaboration, and iteration are required for organizations to operate interactive visual reporting and analysis solutions that deliver maximum benefits.

Article Source and Further Reading:
http://tdwi.org/research/2011/01/BPR-Q1-Visual-Reporting-and-Analysis?pc=t170tl01&utm_source=webmktg&utm_medium=Text_Link&utm_campaign=t170tl01

Monday, January 3, 2011

Business Intelligence System Check Metrics

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Business Intelligence System Check Metrics Business intelligence is one of the most important systems are given much attention by employers. When it comes to the deployment of BI, you need to check and align their metrics from top to bottom and even in the functional areas of the organization. While this can be very tie consuming for you, you are guaranteed that you will have a long and successful career in the business world.

Currently the executive management of each company are in need get the latest information so that they will be bale to make the right decision. This is why you should check the metrics that you can obtain benefits such as less risky situation, revenues, decrease costs and repair costs over a large operational control. As we all know, today's business world driven by technology and very fast paced. Thus, only those who are nimble and competitive will to survive here. This is why many organizations are struggling to compete with the growing volume of data they must deal with every day. With business intelligence systems, they will be able to handle information and get people who are secure, more personal and up to date.

business intelligence can help companies understand and define a large volume of data so that they will be able to get through their wise decision. Bi help management to take advantage of changes in order for them to create a competitive advantage and achieve corporate objectives. On the other hand, business metrics allow managers to demonstrate their best practices by observing the process, employees, customers and finance. With the pieces of information, it's easier to make decisions faster.

For business intelligence system that will be used properly and correctly, there is a need for alignment between business metrics. We all want to add value to the business units within our department and we can do this through the BI. However, most of us would only think about the areas of finance and other departments that generate revenue for the company. Of course, this is not true and therefore there is a need to change the thinking process.

Traditionally the area in a business that created the metric is the department of human resources, sales, marketing and finance. However, if you will deliver value to your organization, there is a need for you to align the metrics from top to bottom. Business metrics can be a powerful tool if you know how to use it. They can help facilitate the company's leaders to employees. However, there is a need for you to regularly check the metric so that you will have the ability to change the metric in accordance with the latest trends in your business so it can adapt well to the never-ending struggle or challenge in the organization.

Reference:
[1]http://EzineArticles.com/?expert=Sam_Miller

Thursday, December 16, 2010

What is The Right Mix Of Business Intelligence Tool

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Mix Of Business Intelligence ToolBusiness intelligence is a relatively new field in the business world. However, this does not mean that it should be earlier to it will do all types of businesses that provide care for this aspect. Business intelligence is something that can actually foster a healthy working environment for all kinds of industries. After all, the only thing constant in this world is change, and this also applies in the business world as well. Thus, it helps to put business intelligence in corporate settings, and has a business intelligence tool that fits on your side of the fence.

In short, business actually use business intelligence to gain much-needed advantage over their competitors. Thus, there is no business without a significant competitor to actually pay for extra work. What business intelligence is that it provides businesses a perfect way to understand the needs of their customers, how their customers make decisions regarding the purchase of products and services, how customers view the products and services in the market, and the usual technology, cultural, and economic trends in the market. More than that, business intelligence is not focused only on customers only. In contrast, focuses on all aspects surrounding the market, to obtain a complete picture of the industry as a whole.

Seeing how the balanced scorecard and key performance indicators or KPI has become a major managerial tool in establishing the business today, it's not really surprising to find this in conjunction with business intelligence tools as well. With the help of KPIs and balanced scorecard, the data actually becomes more and more accessible and also processed faster and faster, it will be tied to how companies have implemented KPI today. Believe it or not, in the past, it will take weeks, even months, for companies to have access to current data that businesses can access only a day. This is an efficient way the business world has become with the help of these tools.

Business intelligence gathering clearly needed all kinds of information and then analyze this information to provide relevant data to the public in an organization, most of the time, this will become a member of upper management. These efforts require the use of some equipment and tools, the data will include data warehousing, data mining, and modeling data. These tools are data that make it easier for companies to collect the necessary data and then analyze and interpret it correctly. This tool will be used for the purpose of the organization and will also be used in conjunction with OLAP or Online Analytical Process. Another term for Analytics and OLAP is the basis for this procedure is actually the Cube Dimension Analysis.

With everything covered, clear business need the right mix of business intelligence tools to improve better in the market and increase their reach to customers, which they want to have on their side of the fence. With the right tools to help companies gather data that they need, every business must be able to gain any significant advantage over competitors.

Reference:
[1] Sam Miller,http://EzineArticles.com/?expert=Sam_Miller

Tuesday, December 7, 2010

On Demand Business Intelligence Applications:7 Things You Need to Know about

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On Demand Business Intelligence ApplicationsThe next generation of business intelligence applications demand is already here, providing instant visibility to the fraction of the cost of traditional BI offerings. Look at the following seven facts you need to know about business intelligence on-demand.

1.Provides right metrics out-of-the-box - the next generation of BI applications are pre-integrated with the ERP, such as SAP, to provide a full set of metrics best practices in key subject areas such as the performance of suppliers, procurement and inventory performance.
2.More affordable than current solutions - application True on-demand business intelligence available at an affordable monthly subscription with zero up-front investment. Say "goodbye" to ongoing professional services, consulting fees, and upgrades.
You 3.Simplifies BI processes - On demand BI BI infrastructure by replacing the entire URL. No software or hardware, there is no change or IT professional services. An effective solution more reliable and cost.
4.Promotes user adoption - The complexity inherent in traditional business intelligence on-premise installation of the adoption of low-end users because user expectations are not met. With the demand for business intelligence, there is essentially zero risk involved - if your needs are not met, simply cancel your service.
5.On-demand BI applications are secure - Data centers, like Rackspace, a SAS70 certified and provides state-physical-the-art, data and network security. Their business is focused on IT security while you focus on business IT.
6.Built for business users - On demand business intelligence applications developed with business users in mind. They combine domain expertise with deep technical knowledge to provide best practice metrics and analysis packed easy to use tool for easy reporting and navigation data.
7.Enables collaboration and sharing of information, users can share a fully customizable business metrics with co-workers to get answers and opinions on business performance.

BI applications is to fulfill the unrealized potential of business intelligence by reducing complexity, improving usability, and eliminate dependence continues to IT. Why start a long and expensive BI projects that have a high chance of failure, when you can get the information you need at a fraction of the cost, today?

Reference:
[1]Flex John, http://www.articlesbase.com/software-articles/7-things-you-need-to-know-about-on-demand-business-intelligence-applications-3503693.html

Monday, November 22, 2010

Tips for Setting Up Business Intelligence System

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Business Intelligence SystemThe main concept behind the business is to collect important information that can be turned into useful knowledge. Therefore, every growing business needs to realize the importance of business intelligence. Business intelligence information gathering process associated with a significant fine, sorting this information, analyze this information, evaluation and checking this information, and generate reports from this information is processed for use by companies or business owners in making their decision.

A business intelligence system will, therefore, help the company or business to manage all information produced is evaluated for them and make them available and useful whenever it is needed. It is the responsibility of a business intelligence system to create reports based on data collected to help steer the company toward the goals set.

Growth in Business Intelligence System

Business intelligence systems began with a humble beginning. Until a few years ago, a simple business intelligence systems with reporting tools, analytic resources, data mining and storage facilities. This arrangement proved difficult for the average worker to understand and use the system for maximum effectiveness.

Now, business intelligence system has undergone modifications that make it much easier to use. This modification together with the new design makes the system more effective in providing meaningful and accurate results for the company.

A Business Intelligence System Every company is different

Because different companies have different needs and objectives, business intelligence systems will vary from one company to another. A business intelligence system that can be tailored to address specific needs of a particular company. Tools and resources needed to be designed so that the unique features of performance indicators and measurement company. In this way the business intelligence system will help determine whether the company's strategy and plans that are compatible with their goals. This is an important part of the assessment process because at this stage that the company's status and position are analyzed to determine how he will fare in the coming years.

Putting Up Business Intelligence System

There are various steps involved in placing a business intelligence system every significant step towards the entire process. The first step in building a business intelligence system is to answer important questions about corporate entity. It should be first and foremost that the company had knowledge of the purpose and what it plans to achieve. This is a prerequisite for the next step is to determine how the business intelligence system will help them achieve their goals. The type of data that needs to be collected and collected and the way in which the data will be collected and stored is the next part of the process. Having data that is not where it ends. Companies also must realize the statistical parameters of the data for the system to be able to design metrics that will be used to measure, analyze, evaluate, and produce reports from the output of this step. Monitoring business intelligence system is also a regular and constant responsibility for the company; then, hire staff at home to do this is necessary. Building a business intelligence system is of course expensive, so companies should ensure that it can be bought from every stage of its development.

Of course, there are many more factors to consider in this process, and more elements need to attend to the business intelligence system that will be realized. A careful analysis of each step of the process and be knowledgeable about the system is a basic requirement in the process of setting up such a business intelligence system.

Get your article marketing efforts today with web marketing web company.

Reference:
[1] http://www.articlesbase.com/small-business-articles/setting-up-your-companys-business-intelligence-system-321498.html

Saturday, November 6, 2010

Why Business Intelligence Service?

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Why Business Intelligence ServiceIf you're going to start a new business set up then surely you will find a handsome return. The balance between revenues and expenditures or profits are real business intelligence. To achieve this goal, you must apply intelligent business applications. By implementing this application you can to minimize operating costs and increase your revenue.

If you plan to buy the software to optimize your business solution, designed specifically for that purpose then there is one thing to see that this software can not be practical as the circumstances would not be the same for different types of businesses. You can not deal with such type of software itself. So it's advisable to hire a specialist when she could make decisions and analyze the situation favorable to you. He can also take the help of software like that he is able to handle it perfectly.

Good business intelligence services to invite confidence, got it, honor it and finally the gift. Consultants will do everything to promote you. First he made a survey in accordance with your business, it will create a strategy and follow it. He also would change his decision, if necessary. All previous results will be there in his notes to learn them. These records will help him in the future. He can keep you updated about the product or service. Being a software specialist he will give optimal results. So beneficial for you to take a good service or a savvy business consultant business consulting firm that smart.

Some people start making them up from home. At first they thought it would be beneficial and economical for them. But after sometimes they feel that they are either ignored or they get a loss. It makes them angry. So, if you are also going through the same situation, then the answer to this question is to take a well-known business intelligence consulting services. business intelligence solution will definitely give height to your destination. After some time, the company or your product will become a brand.

Reference:
[1] Arun Kumar, http://www.articlesbase.com/customer-service-articles/the-importance-of-business-intelligence-services-2307343.html

Monday, October 18, 2010

Cognos 8 Business Intelligence an Overview

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Cognos 8IBM Cognos® 8 BI delivers the complete range of BI capabilities – Reporting, Analysis, Dashboards, and Scorecards -- on a single service-oriented architecture (SOA).

Author, share, and use reports that draw on data from all enterprise sources for better business decisions. Use reports, analysis, dashboards and scorecards to monitor business performance, analyze trends and measure results. A service-oriented architecture (SOA) makes it easy to deploy and manage.

    * Build reports, OLAP cubes, dashboards and scorecards using all data sources.
    * Proven scalability to hundreds of thousands of users.
    * Modular deployment lets you meet immediate user needs and expand or modify as needed.
    * Reporting: Write and deliver any type of report, adaptable to any data source, quickly and easily.
    * Analysis: Analyze and report against online analytical processing (OLAP) and dimensionally aware relational sources.
    * Scorecarding: Build scorecards to align teams and tactics with strategy.
    * Dashboards: Communicate complex information quickly with a range of easy-to-build dashboards.

Reference:
http://www-01.ibm.com/software/data/cognos/products/cognos-8-business-intelligence/

Sunday, September 26, 2010

Cognos Training Tips

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Did you implement Cognos Business Intelligence at your organization? after that, you need Cognos training to make sure all your staff be familiar with Cognos. However, cognos training is not cheap. Since then, there is  a need some tips to held cognos training. Have a look here !

Cognos is a business intelligence software from IBM. Many people who have posted on their company Cognos to improve and track the performance of management. However, it is necessary to have some trained professionals in the home while all the organizations that adapt to the software. Cognos training can be taken from a certified Cognos Solution Provider. Before going in for training programs, make sure that the consultants own certified training institute and has deep hands-on knowledge and experience with handling the software.

Cognos training course curriculum shall consist of practical experience, workshops, lectures on the use of data, case studies, etc. Also, check whether the institution has a flexible choice of class time, because most of the time, you will be expected to manage the employment and training simultaneously.

Instead of traditional classroom training, experience in a more practical style tutorial workshops. The workshop builds skills through increasingly complex assignments where the teacher lived as a mentor rather than lecturer. In addition, during the workshop, emphasizing the use of data source you choose. More focus on learning tool rather than trying to understand foreign demo data. Take seriously your case studies for classroom training. Case studies are real life experiences that will enhance your knowledge base and, at the same time, provide information about real life situations along with examples. They are designed to make you more productive.

Article Source:
[1]  Helena Paulson, http://EzineArticles.com/?expert=Helena_Paulson

Sunday, September 12, 2010

microsoft sql server 2008 business intelligence

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Microsoft SQL Server 2008 provides a scalable Business Intelligence platform optimized for data integration, reporting, and analysis, enabling organizations to deliver intelligence where users want it.

Top New Features
  • Create high-performance Analysis Services solutions with optimized cube designers, subspace computation, and MOLAP-enabled writeback capabilities
  • Implement enterprise-scale Reporting Services solutions through new on-demand processing and instance-based rendering
  • Build flexible and effective reports with the new Tablix data structure and rich formatting capabilities
  • Expand reach, and empower more users through optimized integration with the 2007 Microsoft Office system
Use the enterprise-scale data warehouse platform of SQL Server 2008 to efficiently implement and manage unified storage for all of your business data.

Boost data warehouse performance
  •  Integrate large volumes of data into your data warehouse faster by using SQL Server 2008 Integration Services, and consolidate real-time data by capturing data changes
  •  Increase the manageability and performance of large tables with partitioning, which enables you to manage growing volumes of data and users of your SQL Server 2008 data warehouse more efficiently
  • Consolidate all data for optimized reporting and analysis
  • Work with all of your data and interact the way you want through support for both relational and non-relational data, including new data types such as FILESTREAM & Spatial
  • Incorporate data from multiple sources directly into a single report
Use the data source view to integrate data from across the enterprise and create a Unified Dimension Model that consolidates data from heterogeneous, enterprise-wide data stores, such as SQL Server, Oracle, DB2, SAP and Teradata, to create a holistic view of your business, helping end users gain enterprise-wide insight.

Article Source and Further Reading:
http://www.microsoft.com/sqlserver/2008/en/us/business-intelligence.aspx

Monday, September 6, 2010

Business Intelligence Management

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Management is the backbone of the company. The stronger of the spine, the more successful a company will be. When the world has become a global village, internal business now needs more efficient management schemes to run the business smoothly. Organizations need to implement domestic policies internationally. Franchised dealers across the world provided by the management policy remains the same. management is carried out so as to maintain a tight competition. This will not be easy for companies to run such synchronized management without any tool. One is the management of business intelligence tools. Inside, a management technology combined with an application to collect data and then analyze the information that the company's operations.

Every entrepreneur wants to have a birds-eye view of the business. The view that will provide them with knowledge about the factors that influence upon their business. these factors may be sales, production, internal operations, etc. Business intelligence is a system that provides employers with a matrix that helps them to make better decisions for the company. For a successful business entrepreneur must follow a pattern where the market share changes. He must observe the changes in customer behavior and their shopping patterns. He should also understand the ability of the company and conditions in the market. Excellent knowledge of all the needs of employers to make adjustments on the spot less. Business intelligence helps them to determine and adjust the effective trend. Business intelligence also helps the analyst with information about the country's economic and market factors. This system provides employers with an intimate knowledge of the internal operations of business.

For the backbone of a strong management it is mandatory that everyone from employees involved in labor sector should be aware of what is happening around them. Business intelligence helps companies in this way also. Applications and technology allows companies to distribute information evenly among employees. As a result, companies can make more accurate business decisions.

The Company operates a data analysis to understand what they have done in the past and what they should do in the near future. But this test is not so easy. For unlimited data and information obtained is too ambiguous. So, many companies are the result of a relationship with guesswork. Business intelligence helps companies to develop appropriate data based business decisions. When an efficient business intelligence to improve communications between departments, to coordinating activities very easily.

In the past businesses had to retrieve data from a source non-automatic or manual. Business can not properly analyze the data. But after the introduction of IT (information technology) to collect data automatically-which has become much easier and confirmed the correct one. Rapidly changing world. People's demand is a more efficient service from businesses. To stay competitive in the market that the company should exceed customer expectations. As a result the company relies on business intelligence for their own future trends and events. Business users' do not want to wait for information. Information should alway

By Gavin Keller, Article Source:
http://EzineArticles.com/?expert=Gavin_Keller

Friday, September 3, 2010

common mistakes in business intelligence strategy

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In a recent study by Gartner, Inc., a leading IT research and advisory company, a list of disability strategy - or no strategy at all - as one of nine "serious mistake" in the Business Intelligence (BI) project implementation. A good BI strategy, on the other hand, is the key to a successful implementation, helping to maximize return on IT investment.

How do you know if your BI strategy was flawed? Here are seven signs - how many applied in your organization?

1. BI systems are not seen as relevant.
This often indicates a lack of consultation throughout the organization. This causes a lack of buy-ins, and potential users do not see what the BI system has to do with them. If the beneficiaries of the system is not involved in the design of these systems may not be successful if implemented. BI strategy, if any, not including the requirement to consult widely internally.

2. Seeking strategic advice from the vendor
An upper-dependence on software vendors that could cause conflicts of interest where the vendor siezes chance to get what they want (more sales) at the expense of what the organization needs (appropriate use of the software).

The most common example of this would be a solution where overselling OLAP cube reporting application will do a better job for users who are concerned. OLAP cubes provide the information summarized in the hierarchy, and there are many advantages to this, but the ease of reporting is not always one of them. In addition, the number of users for whom the appropriate OLAP cubes are almost always less than those who need a standard reporting applications.

3. Continuation of past
Doing things "like they always do" is the enemy of a good BI implementation. This can too often lead to attempts to cut the budget, and often result in inappropriate decisions, such as a report from a spreadsheet where what is needed is a fair assessment of delivery of BI tools that are available. The use of solutions that exist only because they're in place is a sure sign of flawed strategy, and is very important to be aware of the latest BI methodology and applications.

Changing the habits of a person is often not easy, and may require training, but a certain level of change needed if you want to maximize the benefits of BI for your organization.

4. Management of hot air balloons
When budgets start out of control, you start seeing a lot of pet projects thrown into the sea. This is what I call management by "hot-air balloon." Like a hot air balloon, remove the goods from the project makes a lot lighter and more buoyant. The problem is, this process also makes a lot of BI projects is less functional and effective.

The problem is, more often than not, failed to properly assess the project cost in the first place. Does the project have been split to start by making the cost more manageable? The message here is, better or less and give a promise, than promise the world and let people at home when reality hits the economy.

5. Information silos
A silo of information occurs when the data from one computer system can not communicate with each other. This is the kind of problems that the project Business Intelligence with a good strategic plan to identify and correct.

gross information is very costly to an organization because the benefits of hidden information within the organization to that part. This problem is usually solved by making the strategic decision to create and maintain a data warehouse. A data warehouse collates data from various places into a series of one or more''market data, in the process of reform and re-calculating the data to make it more useful for Business Intelligence.

6. Inaccurate metrics
Metric (I use that word as the BI vendors like Cognos IBM to use it) to monitor changes in the months in the performance and are often based on calculations of the various items of data. They can be inaccurate in several ways. For example, data can be entered incorrectly, or miscalculated because the metric is defined wrong. Or that his own calculations could be wrong. Often there is no single definition of metrics - a strategic mistake - or they may over-reliance on sources of data are inherently unstable, such as spreadsheets. This is a strategic mistake, because they can be overcome by policy decisions such as avoiding the spreadsheet input as possible and publish a dictionary metrics to the organization as a whole.

7. There is no sustainable development of BI systems.
Unlike, for example, accounting systems or CRM (customer relationship management) systems, Business Intelligence adds value to the system being reviewed and improved continuously. The project has a 'cycle' which involves the BI review your needs regularly. New metrics and KPIs (key performance indicators) are found, these need to be added to the data warehouse and made available to appropriate managers. New data mart that is not within the scope of the original project may come on board in later stages.

Article Source:
Copyright 2008 Clive Margolis, at http://www.acestar.co.uk/
http://EzineArticles.com/?expert=Clive_Margolis

Monday, August 30, 2010

microsoft business intelligence

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Microsoft business intelligence solutions build on your existing investments so employees gain access to accurate, up-to-date information for better, more relevant decision making.

The BI Solutions integrate the strengths of SQL Server, Sharepoint and Office on a single platform to empower informed decision-making that moves your business forward.

Further Information about microsoft business intelligence, you can acces at : http://www.microsoft.com/bi/

Wednesday, July 7, 2010

Supply Chain Analytics

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Supply Chain Analytics and BI and How They Work Together

As the company has struggled through the last few years one thing has become clear that it is supply chain visibility has become prevalent than ever. supply chain analysis has become important for companies to monitor and adapt their business models to adjust priorities and estimates and adjust to demand. Whether it is a push or pull model as a strategy the company employed inventories have been transformed into attractive model than the forecasting problem that imposes a traditional pull model.

Many C-level executives who break their silence about how they get through a difficult time. As stated by Jim Butts, Sr. VP of Communications at CH Robinson from his point of view of companies that have best survived the recession generally has four attributes: highly variable cost structure; culture that is focused on very close to customers, strong, active leadership of the supply chain; and the ability to embrace change more than economic competitors. The four attribute points to the backbone of many systems out there but whether they supply the business intelligence needs of the organization to have visibility of what they were looking for?

Looking at the four regions from the viewpoint of the system brings to light that the system must have the agility and visibility of business process components, finance, customer service and supply chain analysis. This function can only be processed through the corporate performance management solutions using the dashboard. A system that can integrate data from multiple systems or collection from a central system is a valuable tool to obtain information about your business.

Dashboards that can serve individual users with useable data from their own duties and functions can empower employees more productive by making better decisions, be more efficient and have access to real-time data for customer service is very valuable. This system includes a business intelligence provided by operations, finance, IT, customer service, marketing and all other parts of your organization.

A good BI software should include the aggregation of data from business processes, workflow, workcells, inventory status of all things in the plan, adding, work in process, in-transit inventory, inventory already on order, and lead time demand, central or dispersed databases , workforce management, operational KPI, dual systems, the ability to integrate multiple technologies, perhaps a cloud capable, easy to use interface, sales information, building a non-technical requests for non-technical personnel, an independent department with the ability of an individual or group security rights to name a few.

If an organization choose the type of flexible BI tools enable organizations to have the ability to make decisions more quickly and embrace change because the available information whether good or bad but the ability to adapt to change, which is the main decision-making process that your competitors can not make a will put you ahead of your competitors. These are the companies that have embraced change to rapidly adapt to changing conditions that indicate profitability.

A point to tell me of one of our customers "In business you do not know what you do not know about your business" She refers to a supply chain system he put in to monitor the supply, increasing control, waste track, monitor inventory, pricing control of procurement and monitor supplier quality and supply cycles.

After it is applied and the dashboard was established that he is able to aggregate information from the system into how business is doing "The results floored me, for what happened" he said, when we began to analyze the data. By understanding what business did this particular customer saved more than 36% of the cost overruns and benefit which amounted to 29% more by reusing and accounting for unused materials and better practice resources. This particular customer actually customized yacht and ship building materials sold to a yacht. Found new insights enabled him to transform business processes and become efficient than what he was doing before.

As can be seen, there is no magic bullet for how BI can change your business, but solutions are available to accommodate what ever you try to trace or fix. But if there are people who provide tools to help you in your business will not be worth a look to see how you can improve performance?

Source:
http://EzineArticles.com/?expert=Dylan_Persaud

Thursday, June 24, 2010

About

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It is all about business Intelligence Solution for your business competitive advantages.

business intelligence analytics

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Business intelligence analytics combines two main concepts in information technology be a powerful tool for businesses and organizations. To utilize these concepts in a way that productive, organizations require skilled, dedicated business analysts, business intelligence software, and powerful analysis tools.

The main objective of the business system of intelligence analysis is to identify trends and patterns of consumer behavior. This information is used to improve profitability, the company will focus on client needs, and provide an enhanced level of accuracy in a cost-benefit analysis.

Further Reading:
http://www.wisegeek.com/what-is-business-intelligence-analytics.htm

Saturday, June 12, 2010

Business Analytics

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Business Analytics
Software

Current business software combines analytical tools and applications for tracking, model, analyze and provide data to support decision-making process. Simplify storage management software Business Analytics enables you to find out where all your storage assets, how they perform and their utilization. Introducing the Analytics business software, you can view the entire storage infrastructure through a single integrated tool. Lower storage costs Analytics software to help businesses reduce capital and operational expenditures by improving storage utilization and identifying misallocated or underutilized storage capacity. In 2005, more and more companies are requiring their executives to make decisions based on the savvy use of business analytics software. old business analysis company collects data now available through the company's database software, presentation to the executive to develop business strategies. Many systems accounting software vendors have either built or added on the business analysis capabilities. That makes sense because this software is intended for line-manager-Business or executives who want a quick-view of the business analysis.

Data

Data warehouse and business analysis / intelligence initiatives for sales and operations management can provide monitoring and performance metrics via the web and ad-hoc reports. To meet this challenge, they are deploying business analysis applications, particularly those capable of doing high-level data analysis. To meet this challenge, they take advantage of business analysis applications, particularly those who are able to perform high level data analysis. The nature of the overall information lifecycle business demands that companies understand the linkages between data, data quality, data management, and business analysis. Internally, the Business Analytics provides dashboards for process owners with real-time data on SLA reporting, schedule monitoring, and employee performance evaluation process.

Market

A lot of work to be done by corporate IT departments, system integrators and IT vendors in the business analysis market moving forward. There are hundreds of business analytics solutions on the market today. A lot of work to be done by corporate IT departments, systems integrators and IT vendors in promoting the business market analysis .... Results from the study of market size, best practices, benefits, challenges, and lack of dissemination of business analysis is presented as supporting evidence.

Intelligence

General failure in the Business Analytics (or business intelligence) projects. Although the analysis will remain a niche business within the business intelligence officials, many institutions find it to be important. Recently, this program has taken advantage of the less widely used, more sophisticated business analysis tools that can extend the boundaries of business intelligence.

Source:
http://EzineArticles.com/?expert=Nigel_Penhearow

Friday, June 11, 2010

Business Intelligence Tools Mix

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Business intelligence is a relatively new field in the business world. However, this does not mean that it should be there early for that kind of business that gives due attention to this aspect. Business intelligence is something that can really create a healthy working environment for all kinds of industries. After all, the only constant thing in this world is changing, and this applies in the business world as well. Thus, it helps to put business intelligence in corporate settings, and also have business intelligence tools that fit in your side of the fence.

In short, businesses actually use the intelligence business to get much-needed advantage over their competitors. Thus, there is no business without any significant competition that actually pay for extra work. What is not business intelligence is that it provides the perfect way to understand the business needs of their customers, how customers make decisions about purchasing their products and services, how consumers view the products and services in the marketplace, and the usual technology, cultural, and economic trends in the market. More than that, business intelligence does not focus only on customers only. In contrast, focuses on all aspects surrounding the markets, to gain a complete picture of the overall industry.

Seeing how the balanced scorecard and key performance indicators or KPI has become a major managerial tool in today's business environment, not really surprising to find this in conjunction with business intelligence tools as well. With the help of KPIs and balanced scorecard, the data actually becomes more and more accessible and also processed faster and faster, this is connected with how the company has implemented a KPI today. Believe it or not, in the past, it will take weeks, even months, for companies to have access to current data that businesses can access in a single day. This is an efficient way the business world has become with the help of these tools.

Business intelligence clearly requires collection of all kinds of information and then analyze this information to provide relevant data to people in an organization, most of the time, this will become members of upper management. This effort requires the use of tools and some of these tools data will include data warehouse, data mining, and modeling data. These tools of data which makes it easier for companies to collect the required data and then analyze and interpret it correctly. This tool will be used for organizational purposes and will also be used in conjunction with OLAP or Online Analytical Process. Another term for Analytics and OLAP is the basis for this procedure actually Dimensional Analysis Cube.

With all the discussion, clearly requires the right mix of business intelligence tools to improve their business better on the market and increase their reach to customers what they want on their side of the fence. With the right tools to help companies gather data they need, every business must be able to get any significant advantage over competitors.

Monday, June 7, 2010

What is Intelligence?

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Intelligence
Intelligence Demystified - The Difference Between Innate And Artificial Intelligent Systems
By Henry M. Piironen Platinum Quality Author

In most simplistic of terms, intelligence is the ability to make logical connections between representations. A classic intelligence test, such as Cattell, which doesn't measure the memory systems, i.e. how precise the re-constructed memories are, measures just how well the person who takes the tests is able to make logical connections between images, what logic is behind the mysteriously exceeding numbers or alphabets, and if the person is able to find the correct logical connections in relations with the different given 33 representations, he/she will find himself as having an intelligence of 174. Thus, if you can find the logical connector between the given representations in Cattell's test, you are a genius. The Cattell also promises that the logical performances of the innate neurological systems are what are to be measured, and that the intelligence test does not require pre-knowledge of any artificial human made logic, such as trigonometry, or calculus, although containing numbers and alphabets.

The artificial logic of simple mathematics as for example calculating 2+2=4 is what the Finnish education system truly taught me when I was in my first grade, instead of only making me memorize numbers, and symbols. After learning to use the artificial logic to connect representations in this manner, I had been passed an artificial logical system to make mathematical logical connections between representations and when I now perceive a + symbol between numbers, in case of as easy equations as 2+2, my sub-conscious brain functions automatically equate them to my consciousness in their complete logical result, 4, thus manifesting intelligence.

Because sub-conscious brain functions, micro-level neurocomputation, dynamics of the sub-consciousness, or sub-consciousness, make your favorite pick, deals with information in the level of units, that are divided into information spatial hierarchy of micro-level entities producing the macro-level entity, and these combined macro-level entities to produce even higher macro-level entities, such as is for example the case in the visual system when environmental data goes through its content generative cycle from V1 (neurons that receive retinal information, mapping the environment) to V5 (visual motion); the macro-level entities we perceive as our environment are produced through the logical connections made by the sub-consciousness. But when one closely examines what the consciousness contains, he/she will find that the macro-level entities come from different neurological cognitive logical systems in parallel to our conscious mind. The sounds have been translated from the environment for example to meaningful sentences, producing thereafter representations that are in parallel with the sounds. At the same time, one perceives the environment as a virtual replication, containing already recognized shapes and objects, colors, their different spatial co-ordinates in relativity with each other, etc. The same parallel information contains also the body orientation, smells, tastes, emotions, and so on, that are all a part of the same macro-level representation we experience as the contents of our consciousness as the self-awareness receiving these parallel descriptive levels of the environment. And as each of the phenomena in the environment that has been translated into a virtual form need micro-level units of information to receive their recognizable form, they must already exist in the brains as neurons. And this now brings the difference between the innate information and innate information systems, and the learned semantic content of it. The human genome is the basis for the formation of the innate information, and the innate information systems, that as natural connectors create the logical connections between representations whether this concerns micro-level units or the macro-level representation produced of them in relativity with the innate logic. And it is self-evident that the from the in relativity with genome constructed brains are designed to cope with the environmental conditions on Earth, when we for example examine the retina, snake detection (Tooby, et. al. 2005), coalition detection (Kurzban, 2001), autonomic nervous system, ect.

We are taught the logic connecting representations with the language, and the language can be considered as a meme. That is, language is a logic, and the laws of the semantics define what are logical connections between representations and what are not. We also use the logic of the learned language to the reconstruction of the representations from the consciousness of another agent in the environment, and the other way around. The other memes involving language are words, but although they might seem objective in their definitive levels, they are not. Every definition given to a word is what the individuals own sub-conscious brain functions have constructed to them, although the originating source is an agent in the environment. The brains are constructive, and memories are re-constructions of the past.

Source:
http://EzineArticles.com/?expert=Henry_M._Piironen

Friday, April 16, 2010

Executive Dashboard

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Executive Dashboard
Choosing the Right Type of Real Time Charts For Executive Dashboard Designs
By Sudhi Ranjan Das

The concept of digital dashboards was first introduced by Microsoft in 1999. Since then, the concept has gained immense popularity. And, now digital dashboards constitute a major segment of the Information Technology trade. A lot has been written about dashboards, their importance, applications etc, but there are very few resources that provide information on applications or widgets that collectively constitute a dashboard.

A dashboard is essentially a reporting system which helps in monitoring processes. Essentially, the task of a dashboard is to extract vital information from a live database and present it through gauges and charts. The information is updated constantly, so that, at any given point of time the information displayed on the dashboard is in sync with the current instance of the database.

Apparently, real-time gauges and real-time charts are the key components of a digital dashboard. So, I will indulge in a discourse on the right kind of real-time chart or gauge that must be used for monitoring a specific business related KPI. Business management dashboards or executive dashboards are found on corporate intranet sites or in distributed desktop applications. The factors that are of main concern to a business's operation are inventory, prevailing market prices, order processing, service requests and purchase. These are the factors that would normally be monitored by a top level operations executive.

Angular gauges are ideal for monitoring the inventory levels of top selling products. These can be used in conjunction with bulb gauges to simulate the effect of "Check Engine" light on a car dashboard. You can position a bulb gauge strategically along side each inventory monitoring gauge and program it, so that it glows each time the inventory falls to dangerously low levels.

It is essential for businesses to keep an eye on external market factors such as prevailing prices of raw materials. Futures prices tend to change rapidly, so it is advantageous to include a real-time line chart on a dashboard, for monitoring the price of raw materials. Real-time horizontal gauges that use a slider or LED type lights to indicate the current value, are ideally suited for monitoring order processing and service requests. Purchase is an important part of business operations, because if organization's requirements are not identified and fulfilled, then overall operations will be hampered. Real-time column charts can be used to keep the purchasing department informed about the organization's requirements.

In this article I have suggested ways of reporting various KPIs related to operations management. In future articles I will provide suggestions on building dashboards for other purposes.

Click Here to check out some samples of digital dashboards and learn more about the implementation of real-time charts and gauges.

Article Source: http://EzineArticles.com/?expert=Sudhi_Ranjan_Das