The Profit Impact of Business Intelligence

The Profit Impact of Business Intelligence
Author: Steve Williams
Publisher: Elsevier
Total Pages: 237
Release: 2010-07-27
Genre: Business & Economics
ISBN: 0080467768

The Profit Impact of Business Intelligence presents an A-to-Z approach for getting the most business intelligence (BI) from a company's data assets or data warehouse. BI is not just a technology or methodology, it is a powerful new management approach that – when done right – can deliver knowledge, efficiency, better decisions, and profit to almost any organization that uses it. When BI first came on the scene, it promised a lot but often failed to deliver. The missing element was the business-centric focus explained in this book. It shows how you can achieve the promise of BI by connecting it to your organization's strategic goals, culture, and strengths while correcting your BI weaknesses. It provides a practical, process-oriented guide to achieve the full promise of BI; shows how world-class companies used BI to become leaders in their industries; helps senior business and IT executives understand the strategic impact of BI and how they can ensure a strong payoff from their BI investments; and identifies the most common mistakes organizations make in implementing BI. The book also includes a helpful glossary of BI terms; a BI readiness assessment for your organization; and Web links and extensive references for more information. - A practical, process-oriented book that will help organizations realize the promise of BI - Written by Nancy and Steve Williams, veteran consultants and instructors with hands-on, "in the trenches" experience in government and corporate business intelligence applications - Will help senior business and IT executives understand the strategic impact of BI and how they can help ensure a strong payoff on BI investments

The Profit Impact of Business Intelligence

The Profit Impact of Business Intelligence
Author: Steve Williams
Publisher: Morgan Kaufmann
Total Pages: 218
Release: 2007
Genre: Business & Economics
ISBN: 9780123724991

An A-to-Z approach for getting the most business intelligence from a company's data assets or data warehouse.

Business Intelligence Strategy and Big Data Analytics

Business Intelligence Strategy and Big Data Analytics
Author: Steve Williams
Publisher: Morgan Kaufmann
Total Pages: 241
Release: 2016-04-08
Genre: Computers
ISBN: 0128094893

Business Intelligence Strategy and Big Data Analytics is written for business leaders, managers, and analysts - people who are involved with advancing the use of BI at their companies or who need to better understand what BI is and how it can be used to improve profitability. It is written from a general management perspective, and it draws on observations at 12 companies whose annual revenues range between $500 million and $20 billion. Over the past 15 years, my company has formulated vendor-neutral business-focused BI strategies and program execution plans in collaboration with manufacturers, distributors, retailers, logistics companies, insurers, investment companies, credit unions, and utilities, among others. It is through these experiences that we have validated business-driven BI strategy formulation methods and identified common enterprise BI program execution challenges. In recent years, terms like "big data and "big data analytics have been introduced into the business and technical lexicon. Upon close examination, the newer terminology is about the same thing that BI has always been about: analyzing the vast amounts of data that companies generate and/or purchase in the course of business as a means of improving profitability and competitiveness. Accordingly, we will use the terms BI and business intelligence throughout the book, and we will discuss the newer concepts like big data as appropriate. More broadly, the goal of this book is to share methods and observations that will help companies achieve BI success and thereby increase revenues, reduce costs, or both. - Provides ideas for improving the business performance of one's company or business functions - Emphasizes proven, practical, step-by-step methods that readers can readily apply in their companies - Includes exercises and case studies with road-tested advice about formulating BI strategies and program plans

Business Intelligence Techniques

Business Intelligence Techniques
Author: Murugan Anandarajan
Publisher: Springer Science & Business Media
Total Pages: 271
Release: 2012-11-02
Genre: Business & Economics
ISBN: 3540247009

Modern businesses generate huge volumes of accounting data on a daily basis. The recent advancements in information technology have given organizations the ability to capture and store data in an efficient and effective manner. However, there is a widening gap between this data storage and usage of the data. Business intelligence techniques can help an organization obtain and process relevant accounting data quickly and cost efficiently. Such techniques include: query and reporting tools, online analytical processing (OLAP), statistical analysis, text mining, data mining, and visualization. Business Intelligence Techniques is a compilation of chapters written by experts in the various areas. While these chapters stand on their own, taken together they provide a comprehensive overview of how to exploit accounting data in the business environment.

Applying Business Intelligence Initiatives in Healthcare and Organizational Settings

Applying Business Intelligence Initiatives in Healthcare and Organizational Settings
Author: Miah, Shah J.
Publisher: IGI Global
Total Pages: 402
Release: 2018-07-13
Genre: Business & Economics
ISBN: 1522557199

Data analysis is an important part of modern business administration, as efficient compilation of information allows managers and business leaders to make the best decisions for the financial solvency of their organizations. Understanding the use of analytics, reporting, and data mining in everyday business environments is imperative to the success of modern businesses. Applying Business Intelligence Initiatives in Healthcare and Organizational Settings incorporates emerging concepts, methods, models, and relevant applications of business intelligence systems within problem contexts of healthcare and other organizational boundaries. Featuring coverage on a broad range of topics such as rise of embedded analytics, competitive advantage, and strategic capability, this book is ideally designed for business analysts, investors, corporate managers, and entrepreneurs seeking to advance their understanding and practice of business intelligence.

Business Intelligence for Small and Medium-Sized Enterprises

Business Intelligence for Small and Medium-Sized Enterprises
Author: Lila Rao-Graham
Publisher: CRC Press
Total Pages: 150
Release: 2019-07-11
Genre: Business & Economics
ISBN: 1000063879

Business intelligence (BI) has evolved over several years as organizations have extended their online transaction processing (OLTP) capabilities and applications to support their routine operations. With online analytical processing (OLAP), organizations have also established the capability to extract internal and external data from a variety of sources to specifically obtain intelligence about non-routine and often less-structured arrangements. BI therefore refers to applications and technologies that are used to gather, provide access to, and analyze data and information about the operations of an organization. It has the capability of providing comprehensive insight into the more volatile factors affecting the business and its operations, thereby facilitating enhanced decision-making quality and contributing to the creation of business value. Larger and more sophisticated organizations have long been exploiting these capabilities. Business Intelligence for Small and Medium-Sized Enterprises (SMEs) guides SMEs in replicating this experience to provide an agile roadmap toward business sustainability. The book points out that successful BI implementations have generated significant increases in revenue and cost savings, however, the failure rates are also very high. More importantly, it emphasizes that a full range of BI capabilities is not the exclusive purview of large organizations. It shows how SMEs make extensive use of BI techniques to develop the kind of agility endowing them with the organizational capability to sense and respond to opportunities and threats in an increasingly dynamic business environment. It points to the way to a market environment in which smaller organizations could have a larger role. In particular, the book explains that by establishing the agility to leverage internal and external data and information assets, SMEs can enhance their competitiveness by having a comprehensive understanding of the key to an agile roadmap for business sustainability.

Business Intelligence: Concepts, Methodologies, Tools, and Applications

Business Intelligence: Concepts, Methodologies, Tools, and Applications
Author: Management Association, Information Resources
Publisher: IGI Global
Total Pages: 2326
Release: 2015-12-29
Genre: Computers
ISBN: 1466695633

Data analysis is an important part of modern business administration, as efficient compilation of information allows managers and business leaders to make the best decisions for the financial solvency of their organizations. Understanding the use of analytics, reporting, and data mining in everyday business environments is imperative to the success of modern businesses. Business Intelligence: Concepts, Methodologies, Tools, and Applications presents a comprehensive examination of business data analytics along with case studies and practical applications for businesses in a variety of fields and corporate arenas. Focusing on topics and issues such as critical success factors, technology adaptation, agile development approaches, fuzzy logic tools, and best practices in business process management, this multivolume reference is of particular use to business analysts, investors, corporate managers, and entrepreneurs in a variety of prominent industries.

Big Data Research for Social Sciences and Social Impact

Big Data Research for Social Sciences and Social Impact
Author: Miltiadis D. Lytras
Publisher: MDPI
Total Pages: 416
Release: 2020-03-19
Genre: Technology & Engineering
ISBN: 3039282204

A new era of innovation is enabled by the integration of social sciences and information systems research. In this context, the adoption of Big Data and analytics technology brings new insight to the social sciences. It also delivers new, flexible responses to crucial social problems and challenges. We are proud to deliver this edited volume on the social impact of big data research. It is one of the first initiatives worldwide analyzing of the impact of this kind of research on individuals and social issues. The organization of the relevant debate is arranged around three pillars: Section A: Big Data Research for Social Impact: • Big Data and Their Social Impact; • (Smart) Citizens from Data Providers to Decision-Makers; • Towards Sustainable Development of Online Communities; • Sentiment from Online Social Networks; • Big Data for Innovation. Section B. Techniques and Methods for Big Data driven research for Social Sciences and Social Impact: • Opinion Mining on Social Media; • Sentiment Analysis of User Preferences; • Sustainable Urban Communities; • Gender Based Check-In Behavior by Using Social Media Big Data; • Web Data-Mining Techniques; • Semantic Network Analysis of Legacy News Media Perception. Section C. Big Data Research Strategies: • Skill Needs for Early Career Researchers—A Text Mining Approach; • Pattern Recognition through Bibliometric Analysis; • Assessing an Organization’s Readiness to Adopt Big Data; • Machine Learning for Predicting Performance; • Analyzing Online Reviews Using Text Mining; • Context–Problem Network and Quantitative Method of Patent Analysis. Complementary social and technological factors including: • Big Social Networks on Sustainable Economic Development; Business Intelligence.

Perspectives on Business and Management

Perspectives on Business and Management
Author: Vito Bobek
Publisher: BoD – Books on Demand
Total Pages: 126
Release: 2015-10-14
Genre: Business & Economics
ISBN: 9535121839

With a more holistic view of the interrelationships between individuals, markets and the larger economy, leaders can make more informed decisions. Understanding past trends in light of today's particular challenges, a wider knowledge of economics also allows business leaders to create more persuasive arguments when attempting to affect positive change within an organization. Since the turn of the century, emerging markets have dramatically increased their role on the world stage, the digital revolution has strengthened, social networks have become a decisive force also in business and the voice of the people has reinvented markets and overturned governments, a sharing economy has been born, scientific advances have changed our lives and so on. All these issues and processes pose a huge challenge for leaders, and some are tackled in this book.