A Framework for Business Intelligence(Bl) BI is an evolution of decision support concepts over time Then: EXecutive Information System Now: Everybody's Information System(Bl) BI systems are enhanced with additional visualizations alerts. and performance measurement capabilities The term Bl emerged from industry Copynight@ 2014 Pearson Education, Inc Slide 1-11
Copyright © 2014 Pearson Education, Inc. Slide 1- 11 A Framework for Business Intelligence (BI) ▪ BI is an evolution of decision support concepts over time ▪ Then: Executive Information System ▪ Now: Everybody’s Information System (BI) ▪ BI systems are enhanced with additional visualizations, alerts, and performance measurement capabilities ▪ The term BI emerged from industry
Definition of Bl bI is an umbrella term that combines architectures, tools, databases, analytical tools applications, and methodologies BI is a content-free expression, so it means different things to different people BI's major objective is to enable easy access to data(and models)to provide business managers with the ability to conduct analysis BI helps transform data, to information(and knowledge), to decisions, and finally to action Copynight@ 2014 Pearson Education, Inc Slide 1-12
Copyright © 2014 Pearson Education, Inc. Slide 1- 12 Definition of BI ▪ BI is an umbrella term that combines architectures, tools, databases, analytical tools, applications, and methodologies ▪ BI is a content-free expression, so it means different things to different people ▪ BI's major objective is to enable easy access to data (and models) to provide business managers with the ability to conduct analysis ▪ BI helps transform data, to information (and knowledge), to decisions, and finally to action
A Brief History of Bl The term bl was coined by the gartner Group in the mid-1990s However, the concept is much older 1970s-MIS reporting-static/periodic reports 1980s-EXecutive Information Systems(EIS) 1990s-OLAP, dynamic, multidimensional, ad-hoc reporting-> coining of the term" BI 2010s-Data/ Text/Web Mining; Web-based Portals Dashboards, Big Data, Social Media, and Visual Analytics 2020s -yet to be seen Copynight@ 2014 Pearson Education, Inc Slide 1-13
Copyright © 2014 Pearson Education, Inc. Slide 1- 13 A Brief History of BI ▪ The term BI was coined by the Gartner Group in the mid-1990s ▪ However, the concept is much older ▪ 1970s - MIS reporting - static/periodic reports ▪ 1980s - Executive Information Systems (EIS) ▪ 1990s - OLAP, dynamic, multidimensional, ad-hoc reporting -> coining of the term “BI” ▪ 2010s - Data/Text/Web Mining; Web-based Portals, Dashboards, Big Data, Social Media, and Visual Analytics ▪ 2020s - yet to be seen
The Evolution of Bl Capabilities querying and ETL eporting Data Metadata warehouse / ESS Data marts Spreadsheets reporting (MS Excel) OLAP Digital cockpits and dashboards Business Intelligence dashboards Workflow I ouir rts and fications Data text Portals Predictive Broadcasti analytics tools Copynight@ 2014 Pearson Education, Inc Slide 1-14
Copyright © 2014 Pearson Education, Inc. Slide 1- 14 The Evolution of BI Capabilities