Sunday, September 18, 2011

Business Intelligence

Business intelligence in 1996, the earliest by Gartner Group, Gartner Group business intelligence is defined as: Business Intelligence describes a series of concepts and methods, through the application of fact based support system to assist the business decision making. Business intelligence technology provides the enterprise rapid data analysis techniques and methods, including the collection, management and analysis of data, these data into useful information, then distributed to enterprise everywhere.
Business intelligence, also known as business intelligence, abbreviated as BI.
At present, the academic to business intelligence is not uniform. Business intelligence is usually understood as the existing data into knowledge, help enterprise make informed business management decision making tool. Here it included data from enterprise business system orders, inventory, transaction accounts, customers and suppliers from industry and competitor data to and from the external environment in a variety of data. While business intelligence to assist business decisions, both can be operation layer, and can also be tactical and business intelligence
Strategic decision-making. In order to transform data into knowledge, necessitating the use of data warehouse, on-line analytical processing ( OLAP ) tools and data mining technology. Therefore, technically speaking, business intelligence is not what new technology, it is a data warehouse, OLAP and data mining techniques.
Can think, business intelligence is the commercial information collection, management and analysis process, the purpose is to make enterprise decision makers at all levels to gain knowledge or insight ( Insight ), make them more advantageous to the enterprise decision-making. Business intelligence is generally composed of data warehouse, OLAP, data mining, data backup and recovery components. Business intelligence implementation involves software, hardware, services and applications, the basic system structure including data warehouse, OLAP and data mining in three parts.
Therefore, to business intelligence as a solution should be more appropriate to. Business intelligence is the key to from many from different enterprise operating system data extraction of useful data and cleaned, so as to ensure the accuracy of the data, and then after extraction ( Extraction ) ( Transformation ), conversion and loading ( Load ), namely ETL process, merging into one of enterprise data warehouse, to get business data of a global view, based on the appropriate query and analysis tools, data mining tools, such as OLAP tool to analyze and deal with ( the information into the decision knowledge ), knowledge finally presented to the managers, managers decision-making process with support.
To provide business intelligence solutions, the well-known IT vendors including Microsoft, IBM, Oracle, Informatica, Microstrategy, Business Objects, Cognos, SAS etc.

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