Policies Of Business Intelligence Using Big Data Analytics
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POLICIES OF BUSINESS INTELLIGENCE USING BIG DATA ANALYTICS
Author: Dr. Yogesh Kumar Sharma , Dr. Rajendra Patil , Mr. Sachin Bhosale , Mr. Vinayak Pujari, Dr. Raju Shanmugam, Dr. Thirunavukkarasu Kannapiran
language: en
Publisher: Ashok Yakkaldevi
Release Date: 2020-12-10
One approach to build up a valuable point of view about what business knowledge (BI) is and its significance in the business world is to take a gander at what business individuals talk about when the subject is BI. Building up a BI Strategy utilizing the techniques we'll portray in this book is a human serious procedure—as it ought to be. We can use demonstrated methods, however the nature of the results depends to a noteworthy degree on "getting into the heads" of key heads and chiefs. How would they see their reality, what are they hoping to achieve, and how would they need BI to support them? We can construct a business case that is "slug verification" from a consistent, corporate point of view, yet it likewise needs to reverberate with businessmen on a more instinctive level that squares with what they accept they would have the option to accomplish on the off chance that they would do well to BI. So to put a human face on BI, this section will step through the business difficulties and BI holes recognized by top heads in an assembling organization we'll call Big Brand Foods (BBF). We'll at that point sum up the BI Vision and BI Portfolio that risen up out of the system definition procedure and offer a few speculations about BI openings (BIOs) for other assembling organizations. While we've picked an assembling organization for this BI contextual investigation, the rationale and procedure of recognizing industry challenges, organization systems, utilitarian difficulties, and BIOs applies to any organization in any industry. Further, the perspectives on heads in the distinctive business capacities might be of incentive to chiefs in a similar capacity yet various businesses.
Business Intelligence Strategy and Big Data Analytics
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
Big Data, Big Analytics
Unique prospective on the big data analytics phenomenon for both business and IT professionals The availability of Big Data, low-cost commodity hardware and new information management and analytics software has produced a unique moment in the history of business. The convergence of these trends means that we have the capabilities required to analyze astonishing data sets quickly and cost-effectively for the first time in history. These capabilities are neither theoretical nor trivial. They represent a genuine leap forward and a clear opportunity to realize enormous gains in terms of efficiency, productivity, revenue and profitability. The Age of Big Data is here, and these are truly revolutionary times. This timely book looks at cutting-edge companies supporting an exciting new generation of business analytics. Learn more about the trends in big data and how they are impacting the business world (Risk, Marketing, Healthcare, Financial Services, etc.) Explains this new technology and how companies can use them effectively to gather the data that they need and glean critical insights Explores relevant topics such as data privacy, data visualization, unstructured data, crowd sourcing data scientists, cloud computing for big data, and much more.