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    What Is A Business Intelligence Framework

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    Alya Abdulaal
    A business intelligence framework is a strategic approach to conducting business intelligence for better decision-making. It involves collecting, analyzing, and translating data into useful information to support strategic business decisions. A key part is a data warehouse, which is an enterprise system that stores and reports structured and semi-structured data from various sources to support analysis and custom reporting. The goals are to provide self-service business intelligence capabilities that are fast, trustworthy, and accessible across different devices to empower users.

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    What Is A Business Intelligence Framework

    Uploaded by

    Alya Abdulaal
    35 views2 pages
    A business intelligence framework is a strategic approach to conducting business intelligence for better decision-making. It involves collecting, analyzing, and translating data into useful information to support strategic business decisions. A key part is a data warehouse, which is an enterprise system that stores and reports structured and semi-structured data from various sources to support analysis and custom reporting. The goals are to provide self-service business intelligence capabilities that are fast, trustworthy, and accessible across different devices to empower users.

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    What is a Business Intelligence Framework

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    A business intelligence framework is a strategic approach to conducting business intelligence for better decision-making. It involves collecting, analyzing, and translating data into useful information to support strategic business decisions. A key part is a data warehouse, which is an enterprise system that stores and reports structured and semi-structured data from various sources to support analysis and custom reporting. The goals are to provide self-service business intelligence capabilities that are fast, trustworthy, and accessible across different devices to empower users.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    35 views2 pages

    What Is A Business Intelligence Framework

    Uploaded by

    Alya Abdulaal
    A business intelligence framework is a strategic approach to conducting business intelligence for better decision-making. It involves collecting, analyzing, and translating data into useful information to support strategic business decisions. A key part is a data warehouse, which is an enterprise system that stores and reports structured and semi-structured data from various sources to support analysis and custom reporting. The goals are to provide self-service business intelligence capabilities that are fast, trustworthy, and accessible across different devices to empower users.

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    What is a Business Intelligence Framework?

    A business intelligence framework is a strategic approach to conducting business


    intelligence for better decision-making. 

    2
    Business Intelligence or (BI) is the process of using technology to collate, compile, and
    analyze data, translate it into useful information, and make strategic business decisions.

    3
    A data warehouse is an enterprise system used for the analysis and reporting of
    structured and semi-structured data from multiple sources, such as point-of-sale
    transactions, marketing automation, customer relationship management, and more. A
    data warehouse is suited for ad hoc analysis as well custom reporting

    ERP
    enterprise resource planning
    Supply chain management (SCM) is the optimization of a product's creation and flow from raw
    material sourcing to production, logistics and delivery to the final customer.

    Customer relationship management (CRM) is a technology for managing all your


    company's relationships and interactions with customers and potential
    customers. 

    • What is the relationship between OLTP and OLAP?

    OLTP and OLAP: The two terms look similar but refer to different kinds of systems.
    Online transaction processing (OLTP) captures, stores, and processes data from
    transactions in real time. Online analytical processing (OLAP) uses complex queries to
    analyze aggregated historical data from OLTP systems.

    Critical BI System Considerations:

    1. Conduct research and don’t go it alone

    “Conduct research and discover lessons learnt from those who have been there, and if you haven’
    t done it before, don’t attempt to do it by yourself. You need to bring in people who know what
    they’re doing, people who have achieved it before, and Yellowfin certainly fits that category.
    2. Accuracy of data

    “Ensure the accuracy of your data. If the data is not accurate, it will not generate confidence in
    the user base, users will not see it as a trusted source of information. So first and foremost, they
    have to have absolute confidence in the data set. We’ve spent six to nine months working on the
    data set itself, to make sure that it’s accurate. 

    3. Self-service Business Intelligence: Fast, trustworthy, accessible

    “If we have a fast, agile system that can support self-help, that runs on the Web, that can be
    delivered on iPads, iPhones, desktops, and be completely platform independent, is like gold for
    us. So Yellowfin absolutely fits that category.

    4. Make your key customers part of your project team

    “Understand who your customer base is, and get them involved in the project process from day
    one. We selected single points of contact from all our defined user groups and made them part of
    the project team to ensure that they were completely across what we were doing. This ensured
    that they understood what was going on, that they had input into the process, and that they could
    provide feedback every step of the way to generate a sense of ownership. The result meant that
    our key customers could see that this was going to solve their problems.

    5. Ensure that business and customer needs drive the technology

    “Use the business need as the driver of the technology, not the other way around. You don’t want
    to be deploying a tool without a problem to solve. You want to understand the immediate needs
    of your customers, or users, and ensure those concerns become the focus. 

    “In the BI space, everyone for the most part, is intelligence poor – drowning in a sea of data, but
    with very little timely, actionable, accurate intelligence. So the ability to now equip our customer
    base with useful and useable reports, that can immediately help them perform their jobs better, is
    again like gold for us.

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