By Ramesh Sharda
A managerial method of realizing enterprise intelligence systems.
To aid destiny managers use and comprehend analytics, Business Intelligence offers an effective beginning of BI that's bolstered with hands-on perform.
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Additional info for Business Intelligence: A Managerial Perspective on Analytics
The Sarbanes-Oxley Act of 2002) now require business leaders to document their business processes and to sign off on the legitimacy of the information they rely on and report to stakeholders. Moreover, business cycle times are now extremely compressed; faster, more informed, and better decision making is, therefore, a competitive imperative. Managers need the right information at the right time and in the right place. This is the mantra for modern approaches to BI. Organizations have to work smart.
However, the need is not just reporting, since users need business monitoring, performance analysis, and an understanding of why things are happening. These can assist users, who need to know (virtually in real time) about changes in data or the availability of relevant reports, alerts, and notifications regarding events and emerging trends in Web, e-mail, or i nstant messaging (IM) applications. In addition, business applications can be programmed to act on what these real-time BI systems discover.
And J. Kasher. (2004). Data Mining Primer for the Data Warehousing Professional. Dayton, OH: Teradata. Chapter 1 An Overview of Business Intelligence, Analytics, and Decision Support Learning Objectives ● Understand today’s turbulent business environment and describe how organizations survive and even excel in such an environment (solving problems and exploiting opportunities) ● Understand the need for computerized support of managerial decision making ● Describe the business intelligence (BI) methodology and concepts ● Understand the various types of analytics The business environment (climate) is constantly changing, and it is becoming more and more complex.
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