Chapter 9 Flashcards
(42 cards)
Business intelligence systems
information systems that process operational and other data to analyze past performance and to make predictions
business intelligence
the patterns, relationships, and trends identified by BI systems
BI application
the software component of a BI system
Example of BI (project management)
create a partnership program between clients and employees
Example of BI (problem solving)
How can we increase revenue?
Example of BI (deciding)
Which product creates the most revenue? decide to produce more of that product
Example of BI (informing)
How do our sales compare to our sales forecast?
Typical uses of BI
- identifying changes in consumer purchasing patterns
- entertainment (Amazon, Netflix, Spotify)
- Predictive policing
predictive policing
analyzing data on past crimes to predict where crimes are likely to occur in the future
Data aquisition
process of obtaining, cleaning, organizing, relating, and cataloging source data
BI analysis
process of creating BI
Push publishing
delivers BI to users without any request from the users
Pull publishing
requires the user to request BI results
data warehouse
a facility for managing an organization’s BI data
functions of a data warehouse
- obtain data
- cleanse data
- organize and relate data
- catalog data
Can a company use a different DBMS for organizational and data warehouse databases?
YES
What are some problems with operational data?
- dirty data
- missing values
- inconsistent data
- too much data
- wrong granularity
granularity
the level of detail represented by the data
data mart
a data collection, smaller than a data warehouse, that addresses the needs of a particular department or functional area of the business
data mart v. data warehouse
A data warehouse acts as a distributor in the supply chain. The data mart acts as a retail store in the supply chain
Three types of BI Analysis
reporting
data mining
BigData
reporting analysis
process of sorting, grouping, summing, filtering, and formatting structured data
structured data
data in the form of rows and columns
exception reports
reports produced when something out of the predefined bounds occurs