Tuesday, February 19, 2019
Business Intelligence :: essays research papers
Business Intelligence for competitive advantageIn the beginning, phone linees utilize information engineering for automating the processes primarily to reduce labor costs. Subsequently, information technology is used for delivering information with speed and accuracy.Currently, phone linees want to use the information efficaciously for competitive advantage to baffle better decisions that improve and optimize line of business processes, predict the market dynamics accurately, optimize forecasts to adequately maintain resources to call a few reasons.Businesses reached a critical juncture in worldwide competition and the business intelligence capabilities and analytic prowess will dawdle critical roles in the most competitive sectors of global economy. First of all, business intelligence analysis requires the capturing of information and storing in a one stance for effective data analysis. Currently, data analysis is supported by transactional systems, business specific dat a marts, and other ad-hoc processes. Information is distributed making it difficult and time-consuming to advance. Business teams have adapted to this environment by creating user well-kept databases and manual work-arounds to support new types of reporting and analysis. This has resulted in inconsistent data, unneeded data storage, significant resource use for maintenance, and inefficient response to changing business needs. A data warehouse comprised of disparate data sources enables the single version of truth through shared data repositories and standards and also provides access to the data that will expand frequency and depth of data analysis. imputable to these reasons, data warehouse is the foundation for business intelligence. As a technical Architect, I am involved in the design and development of the attempt Data Warehouse at Target. I and many of my colleagues worked hard to make the business case of the importance of the data warehouse and its value asset to the co mpany.
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