TOOLS OF BUSINESS I

NTELLIGENCE

Done By
Jinson.K.J
18BCO821
 DEFINITION
 The term Business Intelligence (BI) refers to
technologies, applications and practices for the
collection, integration, analysis, and presentation
of business information. The purpose of Business
Intelligence is to support better business decision
making. Essentially, Business Intelligence systems
are data-driven Decision Support Systems (DSS).
Business Intelligence is sometimes used
interchangeably with briefing books, report and
query tools and executive information systems.
 TOOLS OF BUSINESS INTELLIGENCE

 Real time monitoring: Business Intelligence solution

provides tools to analyze the real time up to the
second operational data to enable the business to take
quick and informed decisions.

 Dashboards: The solution provides dashboards which

helps the business to monitor, measure and manage
business performance in a very quick manageable way.
 Scorecards: Business Intelligence solutions
provides industry standard scorecards to enable
the business to measure the key performance
indicators.

 Collaborative Business Intelligence: Business

Intelligence Solution provides capabilities to
collaboratively share the information with
different stakeholders with in the organization
and outside.
 Mobile Business Intelligence: Business
Intelligence solution provides functionalities to
make the same information such as reports,
dashboards, monitoring available in mobile device.

 Advanced Analytics and visualization: Some of

the business intelligence solutions provide
advanced analytics and visualisation capabilities
enabling real time visualisation in different forms
and methods and to augment additional
functionalities.
 The Top Business Intelligence
Tools Types-Top BI Tools Types
 Spreadsheets: Generally used is Microsoft Excel,
open source spreadsheets software, web based
spreadsheets. There is also business intelligence
software with spreadsheet as front end user
interface.

 Digital dashboard: Dashboards are easy too read

real-time user interface, which shows a graphical
presentation of the current status.
 Reporting and querying software: Reporting and querying
software are either open source or proprietary software
which are used to report, query, sort, filter and display
data.

 Data Visualization Software: Data Visualization Software

helps you with visual analysis of datasets to create
visualization of your data in minutes for meaningful
insights. These visualization makes it easy to discern and
share insights with in your departments.

 Corporate Performance Management Software: Corporate

Performance Management tools enable the middle and
senior management of an organization to review the
performance of enterprise in achieving the pre-selected
goals.
 OLAP Tools: OLAP is online analytical processing. OLAP
tools helps users to interactively analyze the data from
multiple sources in a multidimensional view based on
the users business perspective.
 The functions in OLAP are drill down, drill up which is
the consolidation, swap, aggregation, disaggregation,
slicing and dicing.

 Self Service Business Intelligence: Self Service BI is an

approach which enables business users to access and
analyze data without the help of IT.
 Mobile Business Intelligence: Mobile Business Intelligence
is about bringing Business Intelligence to mobile workforce
on the go by providing them the ability to read historical
data and analyze the real time information on mobile
devices such as smartphones and tablets.
 Embedded Business Intelligence Software: Embedded
Business Intelligence Software is the integration of
business intelligence capabilities within business process
applications, portals and other systems.
 Extract, Transform, and Load Software: ETL Software are
software tools that are used to combine, blend, clean,
profile and audit data from different sources.
 Self Service Data Preparation Software: Self Service Data
Preparation Software enables the data analysts to prepare
and clean data to perform analyses without the help of IT
team.
 Data mining Tools: Data mining tools are discovering patterns
in large data sets involving methods using artificial
intelligence, machine learning, statistics, and database
systems.
 Data warehousing Tools: Data warehousing is a central
repository of data. This is created by integrated data retrieval
from different sources. This acts as a consolidated repository
for storing the data for future retrieval for analysis.
 Decision intelligence: Decision engineering is a framework for
decision making. This bring together many techniques such
analytics, reasoning and machine learning techniques to
overcome the issues in decision making.
 Process mining: Process mining is analysis based on event
logs stored in an information system which is aimed at
providing information for process analysis and governance.
 Business Performance Management: Business
performance management is a set of processes for
managing the performance of an organization using
the selection of the goal, consolidation and review.
 Unified Modeling Language: Unified Modeling
Language is a modeling language to help system and
software developers for specifying, visualizing,
constructing, and documenting the software systems.
 Local Information Systems: Local information systems
are designed primarily to support geographic
reporting.