Zadnag Stock Investors: Mr.P.Vijay Anand, C.Kasi Vishwanathan, S.Sajan, R.Surya
Zadnag Stock Investors: Mr.P.Vijay Anand, C.Kasi Vishwanathan, S.Sajan, R.Surya
Zadnag Stock Investors: Mr.P.Vijay Anand, C.Kasi Vishwanathan, S.Sajan, R.Surya
Abstract- Business intelligence is an important through analysis to meet the business objective
concept which combines architectures, tools, of the user, by enabling the user to interactively
databases, analytical tools, applications, and manipulate the data, and apply different analysis
methodologies. The efficiency of making in the way she/he needs for extracting
decisions can increase significantly using information, and get valuable insights from the
business intelligence solutions, by taking data.
advantage of the existing historical or real time
The stock market is a public market with strict
data of the business. Trading in stock markets is
regulation for the trading of companies’ stocks,
imminent with taking risks of losing money,
where each stock is a share of company
which requires extensive experience in the
permitted to be traded called listed company
market, to make efficient decisions. In this
ownership. Investors make money by buying
paper, we propose a framework that makes use
stocks at a lower price while selling them at a
of stock prices historical data, to help investors
higher price, stocks prices are determined by the
in making more efficient trading decisions.
success of the company, supply and demand,
Keywords— Business Intelligence, Business and external factors like government regulations.
Analytics, Data Analytics, Decision Support
Investors take risks in determining the best time
Systems, Stock Market.
for selling or buying stocks, that’s why they
need an efficient help to reduce the risks of this
1. INTRODUCTION decision. In this paper, a business intelligence
framework is proposed using the historical stock
Business Intelligence (BI) is defined as a market data, with the objective of analyzing
collective term that combines different stock market attributes for a collection of
technologies, applications, and tools used for the companies, and enhance the efficiency of
gathering of data from sources, storing, choosing the appropriate time for buying or
analyzing and visualizing it, with the purpose of selling specific company stocks, in order to
helping users to make better decisions. In the reduce the risk of losing money.
last few years, data has been increasing rapidly,
and with the ease of acquiring and storing this The proposed framework covers the conversion
data, organizations have started to leverage it for of the data to useful information satisfying the
enhancing the decision making the process. BI’s business objective. The framework contains the
objective is transforming data to information processes of acquiring the data from its source,
transformations applied on the data, storing the proposed to be used in the business intelligence
data into an appropriate data warehouse, the system. Second, Extract Transform and Load
analytics (ETL), the data extracted from the data sources
are integrated and transformed in the staging
area, to ensure the data quality. Third, Data
2. BUSINESS INTELLIGENCE storage tier, this tier composed of two
components, data warehouse and three types of
Martin et al proposed a business intelligence data mart (Operational data mart, Medical
framework consist of Quantitative bankruptcy claims data mart, and financial data mart).
prediction components, where financial features Fourth, Analytics tier, in this tier, the authors
found using Genetic Algorithm are applied to suggested applying diagnostic, descriptive and
predict the business performance quantitatively, predictive analytics on the data. Fifth,
Qualitative Bankruptcy prediction components, Optimization tier, the results obtained from the
in which the features are found using expert analytics tier is modified in this tier. Finally,
analysis and predict the business performance Presentation tier, in this tier the result of the
qualitatively using Ant Miner Algorithm and a system is presented visually to the user, which
Customized reporting where the right makes it easier to make decisions.
information is delivered to the right user in the
requested presentation using Fuzzy Multi- Olexova presented a case study by applying BI
Criteria Decision Support System (FMCDS). in the retail chain, the study was conducted in a
sports-fashion multi-brand chain of retail stores.
Jadi et al suggested a framework for collecting In this study, the BI life cycle was analyzed,
data, as the first step of implementing an e- besides evaluating the factors impacting the BI
government business intelligence system. For adoption. The main findings of this study are
the purpose of taking benefits of the immense considering the most important benefit of BI
data collected in enhancing decision making and adoption is improving decision-making in both
effectively enhance public services, the authors speed and quality, and according to the
took the morocco e-government system as a case managers, the customization of the BI system is
study for collecting the data. They suggested the more important factor for a successful BI
three sources of data: First, government-to- adoption.
government, where they suggest enabling the
interaction between government departments’
databases. Second, government-to-business, this
source of data depends on the organization's way 3. REQUIREMENTS
of storing data, instead of storing each The system requirements describe the
government organization separately, store them
capabilities and functions that will be
in one database. Third, government-to-citizen,
implemented to satisfy the user’s business
the authors proposed an approach for collecting objectives. Requirements are supposed to define
information related to citizen interaction with what the system is supposed to do and to be,
government organizations.
which distinguishes each system from its
Khedr et al proposed a framework of a business competitors, they range from high-level
intelligence system for healthcare analytics. The requirements defining the system performance to
framework contains six tiers: First, Data source the very basic functionalities that will be needed
tier, in this tier, twelve different sources are in the system. Defining high-quality
requirements is considered a critical phase in the between them . The system requirements defined
Business Intelligence earlier are interpreted into structures to meet the
business objectives. In our business intelligence
system developments, because of their framework, we provide four types of
importance in developing effective systems, and architectures:
detecting errors in early stages of the
development process. In the proposed A. Information Architecture
framework, the requirements are divided as
follows: Defines the processes needed to transform the
data obtained from the source, to readable
A. Business Requirements information in the BI system (Fig 1).
4. ARCHITECTURE FRAMEWORK
8. REFERENCES