Network management and monitoring: The evolution of network control Share this item with your network: Business intelligence BI is a technology-driven process for analyzing data and presenting actionable information to help executives, managers and other corporate end users make informed business decisions.
Hire Writer The role of the business analyst would be to collect and analyze the entire business process from start to finish.
Once this was done the analyst would narrow their focus to the individual in an attempt to provide management with data to increase speed and efficiency. That role is now used to analyze the systems and machines that are responsible for making the products. While the example above is simple the connection between the shift in technology and the role of business intelligence is clear.
With any business the desire for information is strong. To be competitive a company needs to be aware of the business environment in which they operate. Business intelligence serves to meet the information and improvement goals Business intelligence in a corporate environment essay drive the company to greater success.
For this literature review there is an article written by Elliot King that exemplifies the shift of technology and the role of business intelligence on it.
King focuses on the large amount of company resources that are spent on the implementation, development, and management of business intelligence technology in the workplace. This attention has been driven by the increasing demand for such software products and personnel to manage them.
Understanding this current shift King focuses on the role business intelligence as and will continue to have on the business that use data en mass. The article provides a brief look at the history Of data storage and misconceptions about employee interest in accessing the data.
This interest has largely been pushed down due to the complex nature of interacting with the information present within the data warehouse. With the explosion of the internet and user assimilation to it these technical barriers are slowing beginning to fall King, With the ease of use and understanding increasing employees are beginning to grasp the value of data.
This is where the role of business intelligence has thrived. Business intelligence has been implemented to bridge the gap between the employee and the business data stored in the warehouse.
This is done through a variety methods that have made data more and more useful to the companies that have and utilize their data. King summarizes his article with the theory that as the internet was opened far and wide to all this should concept should be applied to the data warehousing.
While King understands that the two pieces of technology are different he affirms that they are similar enough in nature that the same approach can be applied. Overall, the article provide a good look at how the haft of technology in business can affect the demand for systems and the personnel that maintain and operate them King, The impact of Business growth With the growth of business the world has begun to shrink No longer are companies that employ a hundred or even a thousand considered to be impressive.
The implications of companies of this size are astounding and have significantly impacted the demand for business intelligence. To truly understand why a company would spend millions of dollars on business intelligence operations a simple example can be provided. For Bank of America each employee is assigned a unique number or code that distinguishes him or her from the rest of the employees within the organization.
On the other side of the table each customer that has interacted with the bank is also assigned a unique identifier. If these are added together the quantity of unique entities starts to become astounding. The example above shows why a business like Bank of America would be heavily interested in utilizing business intelligence assets to manage the data associated with its business units.
While the example provided only touches on areas concerning employees and customers the amount of data associated with those people can be mind boggling. For employees this data could be anything from human resource forms to vacation day requests. For customers the data could be products purchased, recorded marketing calls, website interaction as well as a host of other areas.
In Deborah Rowe an article that centered on business trends pushing database management systems to greater growth. Rowe focuses on the data warehousing concept that has proved to meet a large majority of business deeds in terms of information management.
The focus of the article is to explain how progress is pushing for better and better systems for managing data.The purpose of this literature review is to provide an overall perspective to the workings of business intelligence in a corporate environment.
With the onset of massive . 5. It allows external and internal users to move between different systems by linking e-business applications with business intelligence. A business intelligence system can result in changes to back-office operation.
This would include the creation of a new product or changes to product pricing. Business intelligence (BI) capabilities and processes.
What Is Business Intelligence?. Business intelligence or BI is a term used to describe a variety of software and hardware vendors and information technology consultants that create infrastructure for warehousing integrating, reporting, and analyzing raw data that comes from the business environment/5(3).
The purpose of this literature review is to provide an overall perspective to the workings of business intelligence in a corporate environment. With the onset of massive technological gains in the past . The Business Intelligence afterthought is very often minimal and reactive - which leads to a whole host of problems.
In the era of analytics, it is crucial to create a Business Intelligence Strategy that is aligned with your overall corporate strategy. Business Intelligence Liberty University Abstract The purpose of this literature review is to provide an overall perspective to the workings of business intelligence in a corporate environment.
With the onset of massive technological gains in the past decade the implementation of business intelligence has .