The document summarizes key points from a seminar on business intelligence organized by CSI Coimbatore Chapter. It discusses how operational business intelligence with 1KEY can provide real-time reporting, dynamic collaboration, intuitive data visualization, and be cost-effective for all users. It also cautions against common flaws when implementing business intelligence like lack of business user involvement, poor data quality, and not aligning BI with business strategy.
6. 1KEY Differentiators… Operational BI with 1KEY Traditional BI Dynamic & Active collaboration Static Consumption of reports Innovative, less complex, alternatives for data analysis & ad hoc reporting OLAP for analysis Intuitive, dynamic & interactive data visualisation Charting with static bar & pie charts BI for everyone BI for the Elite few – specialised users Cost-effective solution High-cost, luxury function of an organisation Business users build their own reports Pushing & presenting static reports to business users
7. 1KEY Differentiators… Operational BI with 1KEY Traditional BI Simple & easy Installation, deployment, upgrade & use Complex, time-consuming installation, deployment, upgrade & use Complete BI Suite on single platform Separately packaged components Per server – unlimited usage licensing policy Per user licensing policy Real-time reporting for operational decision making After-the-fact analysis due to data latency Broader set of data types supported - unstructured data, XML files, Excel files, RDBMS, DBMS etc. Structured data Dynamic or free-style searches & data exploration Pre-defined search parameters
13. Increasing Value Generational Step Transactional Reporting Slice/Dice Ad-hoc Query, BI Tools Performance Management (KPI, Guided Analytic) Fact-Based Actions (OLAP, Statistics) Intelligent Interactions (Data Mining) How are my export and domestic sales doing Can I understand my gross margin return on space? How is the business doing compared to last year? Compared to plan? Are there any potential out-of-stock situations region warehouse wise? Reporting Analysis Forecasting Predictive
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17. CIO role in BI Decision Cycle LEAD ANTICIPATE MEASURE DELIVER ORGANISE STRATEGISE
29. Methodology: Strategic BI Applications Construct 1. Definition 2. Data Identification and Preparation 3. Tool Evaluation/ Selection 4. Develop, Implement, Train Consume 5. Discovery and Exploration 7. Develop Decision Alternatives 6. Access, Monitor, Analyze Facts 8. Share and Collaborate 9. Effect Change Majority of construction effort
30. Business Intelligence – Getting it Right… E N T E R P R I S E C U L T U R E I T I N F R A S T R U C T U R E Enterprise -wide BI Strategy Business Strategy Business Data Sanctity Business User Agendas Business Data Accountability Business Metrics Business User Involvement Business Intelligence