INTELLINGENCE MODEL__ CONDUCTING THE ANALYSIS

Presented by, R.Tamil selvi, V.Vijaya chitra.

INTRODUCTION
Business intelligence (BI) is

the new technology for understanding the past & predicting the future a broad category to technologies that allows for
gathering,storing,accessing&analyzing data to help business users make better decisions analyzing business performance through data driven insight.

a broad category of applications ,which include the activities of

decision support system query and reporting online analytical processing(OLAP) Statistical analysis ,forecasting ,and data mining.

DEFINITION
business intelligence(BI) is a set of theories,methodologies,processes,architectures,and technologies that transform raw data into meaningful and useful information.BI can handle large amounts of information to help identify and develop new opportunities.
Making use of new opportunities and implementing an effective strategy can provide competitive market advantage and stability. It allows business users to make informed business decisions with real time data that can put a company ahead of its competitors.

APPLICATION
Mission _critical and integral to an enterprise's operations or occasional to meet a special requirement

Enterprise _wide or local to one division , department , or project.

Centrally ,initiated or driven by user demand.

COMPONENTS
Multidimensional analysis Reporting

data mining
financial consolidation and budgeting key performance indicators.

FUNCTIONS
Reporting, Online analytical processing, Analytics, Data mining, Process mining, Complex event processing, Business performance management, Benchmarking, Text mining, Predictive analytics, Prescriptive analytics.

FRAMEWORK
The BI framework is a web based tool that works with the information delivery portal to display dashboards of key performance indicators. Data management framework
Project management framework metrics management framework.

Business Intelligence Cycle