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Break Down BI
Break Down BI
Introduction
Grading Rubric
Grading Criteria Achieved Feedback
LO1 ව්යාපාර ක්රියාවලි
LO1 Discuss business processes and the සහ යාන්ත්රණ
සාකච්ඡා කරන්න
mechanisms ව්යාපාර තීරණ ගැනීම
used to support business decision-making. සඳහා සහාය වීමට
භාවිතා කරයි.
P1 උදාහරණ භාවිතා
කරමින් 'ව්යාපාර' යන
P1 Examine, using examples, the terms ‘Business
14 – 24 යෙදුම් පරීක්ෂා කරන්න
Process’ and ‘Supporting Processes’. ක්රියාවලිය' සහ 'ධාරක
ක්රියාවලි'.
M1 ව්යුහගත නොවන
සහ අර්ධ වශයෙන් වෙන්
M1 Differentiate between unstructured and semi
26 – 31 කරන්න
structured data within an organization. සංවිධානයක් තුළ ව්
යුහගත දත්ත. 26 - 31
D1 භාවිතා කිරීමේ වාසි
D1 Evaluate the benefits and drawbacks of using සහ අවාසි ගයීම
ව්යාපාර සඳහා
application software as a mechanism for business 31 – 36 යාන්ත්රණයක් ලෙස
processing. යෙදුම් මෘදුකාංග
සැකසීම. 31 - 36
3. The hierarchical configuration of the organization and how each department is managed
4. The data generating system of each department and the type of the data generator
a. Define it,
b. Types
I. Constant updates
ii. Accuracy
iii. Speed
iv. Multi-tasking
v. Security
x. Sale cost
xi. Advanced functionality
b. Drawback
i. Costly to build
vi. complexity
vii. Upgradability
Task 02
strategic business
Tactical decision
Operational decision
Evaluate this decision(strategic, tactical, and operational) and difference between strategic,
Scope
Level
Risk Level
Frequency of
reviews
Annually target Per 3 months Weekly Decision Frequency Per life Annually weekly
2.3.1 What is the business decision making process(with short definition for TPS, MIS,
DSS)
• Decision-making process strategic vise
Compare and contrast the decision-making process for strategic, tactical and
2.4 Evaluate the level of detail and the amount of data required for a strategic
BI
2. justify with specific egs ........ BI functionality (write 3 paragraphs (definition, advantages dis..,
features example and explain)). (Merit).
Compare and contrast the functionalities of these information system in enhancing strategic tactical
and operational decision
DSS ''
MIS ''
how can a cooperation grow closer to its vision more quickly and successfully? the work involved in
creating, manufacturing and launching a new product
which way is your business moving which tactic work best to complete and maintain an advantage
by all the above mention fetches, charac, beef it can be concluded that the information system like
TPS, MIS and DSS are highly important as the enhance the strategic tactical and operational levels
what is BI Framework
how peocess work BI tools use karal ehem kohomd karanneh(hoyala liyann)
*eveluation of the benifits of using BI Framework for desicion making.
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Task 03
*Business Intelligence
*Purpose of BI
Technics - what is data cleaning, its purpose, and BI relation with it?
Other Technics - Data integration, Data mining, data evaluation, data representation, and others.
use as few source reports as you can for your dashboard, update the dashboard, take any
extra dashboard elements, cut a dashboard half, generally think and write answer
evaluation
the dashboard and enhancement delivering accurate and reliable information to increase chief
engineering effectiveness. (discuss dashboard recommendation, visualization, increase the reliability
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Task 04
research the organizations that have implemented BI tools to improve their performance
cloud BI vertical
self-service BI
Data Science
Data Governess
Evaluation of the impact of BI tools on the organization's competitive advantage within the market
the ethical considerations that need to be taken into account when using BI tools - PAPA framework,
ACM framework (what is it....and others)
Suggestions and best practices to address the legal and ethical conscience in using BI tools.
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executive summery for introduction for yar ale (This is a summary of every task what’s in it)
4th task 3
5th task 4
task 01
the hierachical configuration of the organization and how each department is managed
what kind of daTA types generated in the organization. for each department what are the data being
generated.
the external data sauces used by the organization and data types.
Define data types (structured unstructured semi structured likewise) within the scenario /
organization
examples within this scenario and have to define why im telling this as structure unstructured
likewise
create table - differentiate structured unstructured and semi structured within table (M1 criteria). by
organization level.
speed -
multitasking , security, and their provide cloud storage, get support, many program languages are
supporting, means requirement , same cost,
advanced functionality, minimum attacks, can be accessed remotely (define, and how it becomes
beneficial for all these)
extra time to build, cost lead to build, consumes extra space (in hardware storages), dependancy,
compatibility issues, system memory access,
other softwares talking with each software(impact from a software to another software)
cmplexity, upgradability, frequent update, contamination by a bug, having issues after long time of
use,
in the end write a conclusion or summery about the activity. (Task). paragraphwise summery include
for each part. suggestions when introducing a system for organization.
(what are things that no longer will needed and what are the things that needed continously)
mention clealy upgrade from old methods.
justify with specific examples with key featuers of business intelligence functionality
paragraphwise, 1st why we had this concept. then 2 para explain advantages as a summery, explain
bi features by giving examples, (Data integration, reporting, dashboad charts,
comparre and contrast the functionalities of these information system in enhancing strategic, tactical
and operationa decisions
how can a co operation grow closer to its vision more quickly and successfully. the work involved in
creating, manufacturing, and launching a new product. which way is your business moving
which tactics work best to compete and maintain an advantage. by all thw above mentioned featurs,
characteristics and benifits. it can be concluded that the information syustems like TPS MIS DSS
are highly valuanle as they enhance the strategic, tactical and operational leveles.
Explain what is BI framework. explain what is decision making process how it happening. how the
process works HOW BI TOOLS IMPACT ON SUCCESS DECISION MAKING. (find it and write)
critically evaluation
evaluatoin of the benifits of usi ng a BI framework for decision making (TAlk about how bi framework
usage benifical to an organization)
task 3
majority is design.
Explain BI architechture.
purpose of BI - BI tools for minimize the risks, decrease cost, increase profit.
technic - data cleaning what is, purpose, BI relation with it , Data integration, what is, purpose, BI
relation with it , data mining, evaluation, data representation and so on
suggestions to enhace performance of dashboad - suggestion (Use as few source reports as you can
for your dshboad, update dashboad, takeaway any extra dashboad elements, cut a dashboad in half,
generally think and write andswers).
the dashboad and enhancements delivering accurate and reliable information to increase chief
engineers effectiveness
task 4
research on the oprganization that have implemented BI tools to improve their performance
introduction (Write about nowadays importance, why they involve tools, some of comapnies -
netflix, amazon, cocacola botteling company, american express, starbucks, REI.)
evaluation of imoact of BI tools on the organizations competetive advantage within the market.
(Business Objectives and Goals: Start by aligning your evaluation with the specific business
objectives and goals that BI tools were implemented to address. Consider factors like revenue
growth, cost reduction, customer satisfaction, and market expansion.
Data Quality and Availability: Assess the quality and availability of data sources. BI tools heavily rely
on data, so ensure that the data is accurate, complete, and up-to-date. Data integration and
cleansing processes should also be evaluated.
User Adoption and Training: Measure the level of user adoption and the effectiveness of training
programs. Evaluate how well employees across different departments are using BI tools to make
informed decisions.
Data Visualization and Reporting: Analyze the effectiveness of data visualization and reporting
capabilities. Are the dashboards and reports intuitive, actionable, and customizable to meet specific
user needs?
Data Security and Compliance: Examine the security measures in place to protect sensitive data.
Ensure that BI tools comply with industry regulations and data privacy laws, such as GDPR or HIPAA,
as applicable.
Performance and Scalability: Assess the performance of BI tools, especially when handling large
datasets. Evaluate whether the tools can scale as the organization's data needs grow.
Integration with Existing Systems: Consider how well BI tools integrate with other existing systems
and applications within the organization's IT infrastructure. Smooth integration can improve
efficiency and data flow.
Predictive and Prescriptive Analytics: Evaluate the extent to which BI tools support advanced
analytics, such as predictive and prescriptive analytics, to help organizations make forward-looking
decisions.
Competitive Benchmarking: Compare your organization's BI capabilities and outcomes with those of
competitors in the same market. Identify areas where your BI tools provide a competitive advantage.
Feedback from Users: Gather feedback from users across the organization. This feedback can provide
valuable insights into the practical impact of BI tools on their daily tasks and decision-making
processes.
ROI and Cost-Benefit Analysis: Calculate the return on investment (ROI) of your BI implementation.
Compare the benefits gained against the costs incurred, including software licensing, infrastructure,
and personnel expenses.
Market Position and Customer Insights: Analyze whether BI tools have helped the organization gain a
better understanding of its market position and customer behaviors. This insight can inform strategic
decisions.
Agility and Adaptability: Assess whether BI tools have made the organization more agile and
adaptable in responding to market changes and trends.
Long-Term Strategy: Consider how BI tools fit into the organization's long-term strategy. Are they
aligned with future business goals and market dynamics?
Business Impact: Ultimately, measure the direct business impact of BI tools. This could include
metrics like increased revenue, reduced costs, improved customer satisfaction, and market share
growth.
Case Studies and Success Stories: Collect and document specific case studies or success stories
where BI tools have played a pivotal role in gaining a competitive advantage.
Stakeholder Involvement: Ensure that key stakeholders from various departments and levels of the
organization are involved in the evaluation process.
Risk Assessment: Identify and assess potential risks associated with BI tools, such as data breaches,
data accuracy issues, or technical failures.
Future Roadmap: Consider the vendor's roadmap for BI tool development and how it aligns with
your organization's future needs and market trends.)
te ethical consideratoion that need to be taken into account when using BI tools. - PAPA framework -
what is it, ACM framework.
sugessions and best practices for organization to adress the legal and ethical concerns in using BI
tools.
Executive dashboards
An executive dashboard is a visual interface that displays company KPIs and metrics using
data visualizations and graphical elements. The objective of an executive dashboard is to
provide CEOs and other executives with a bird's eye view of company performance. This
may be done by providing an executive summary of the top KPIs across business units, or by
providing high-level reporting dashboards for each department in the company.
As an example, consider how BI tools are used by an e-commerce company to
produce daily sales reports and interactive dashboards that offer real-time information
on KPIs like revenue, conversion rates, and user acquisition expenses.
Figure 1 source https://i0.wp.com/www.yellowfinbi.com
Location Intelligence
Location intelligence (LI) is achieved via visualization and analysis of geospatial data.
Geospatial data analysis enhances the understanding, insight, decision-making, and
prediction. By adding layers of geographic data such as demographics, traffic, and weather to
a smart map or dashboard, organizations can use intelligence tools to identify where an event
has taken place, understand why it is happening, and gain insight into what caused it. As part
of a digital transformation, many organizations are relying on geographic information system
(GIS) technology to create location intelligence.
Interactive reports
An interactive report is a report that enables users to perform various types of data discovery
and analysis (such as drilling down, filtering, or sorting) with ease. The purpose of
interactive reports is to allow users to independently conduct deeper mining and custom
reports on demand, which is common in enterprise-level reports and business intelligence
(BI).
Meanwhile, with the practice of animation, embedded video, stunning graphics, and other
visual elements, interactive reports are more dynamic, more engaging, and more effortless to
track compared with static reports. The following is a template of an interactive report made
with Fine Report. As you can see, the secondary analysis enables you to sort and filter data
on the current page to realize convenient analysis in real time.
Metadata layer
In eliminating the need for coding and SQL, a metadata layer simplifies reporting and
enables users and report authors to view and access data in simple business terms. Users do
not need to understand the intricacies of the underlying data or database; they only interact
with data at the meta data level.
Due to the ability to perform advanced analytics on the metadata layer rather than the
individual data items, a business intelligence product that supports the metadata layer is
much more powerful and effective than its rivals.
Ranking reports
you to generate reports that rank particular categories of data from several dimensions. You
may evaluate the best and worst performing areas of your organization using ranking reports.
You may, for instance, produce a report that lists the top 10 selling goods, locations, or
salespeople.One of the main causes of erroneous reports is human mistakes. This is where
ranking reports may help businesses automatically sort various data sets according to specific
importance and give their end customers a quick and simple way to choose which data sets
require greater focus.
Self-service data discovery
The proper data must be available in order to make an informed business decision, and a BI
solution should offer self-service analytics features that let users quickly and simply access
that data while also receiving a pertinent explanation and comparison to get started. To
maximize data accessibility and use, BI solutions should also enable users to exchange data
with various teams inside the organization.
Integration with other systems
So that data can be easily shared and analyzed, a BI solution should be able to interact with
other systems used by the company. The tracking of key performance indicators (KPIs) and
other significant data metrics should be possible with this integration. Since there are several
integration possibilities, the BI solution can be customized to match the unique requirements
of the business.
Customizable dashboards and reports
Changing the way data is displayed is a great way to get quick insights into your data. BI
solutions often come with a wide range of customizable reports and dashboards that allow
you to quickly see important data trends. Valuable insights can be gleaned from simple
reports that show key data trends over time, or more complex reports that provide detailed
analysis of your data.
(Yellowfin Team, 2023)