What is Business Intelligence
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What is Business Intelligence?

Business Intelligence is essentially everything that is useds for the analysis of Business Information. Intelligence, and the technologies used to facilitate it, seek to provide historical, current state and predictive views of business operations.

BI seeks to provide the easy interpretation of big data, in order to develop new business opportunities for the client - often in the form of enterprise technology.

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WATCH:  What is Business Intelligence (BI)? Hitachi Solutions

 

Types of Business Intelligence System

The most common kinds of Business Intelligence systems are as follows: 

  • EIS - Executive Information Systems
  • OLAP - Online Analytical Processing and multidimensional analysis
  • CRM - Customer Relationship Management
  • DSS - Decision Support Systems
  • MIS - Management Information Systems
  • GIS - Geographic Information Systems
These technologies and systems can interpret vast amounts of both structured and  unstructured data to help identify, develop or even create new strategic business opportunities.

 

 

Business Intelligence  Resources

WATCH NOW: Applying Operational Excellence Methodologies in Identifying Meaningful Data that Yields Results
 Applying Operational Excellence Methodologies in Identifying Meaningful Data that Yields Results

About the Presentation

Presented by Tze Chiam, PhD Associate Director, Research Informatics, Christiana Care Health System

As the principal investigator for technical projects that manages the data and analytics group at Christiana, Tze will discuss how he manages the priority and alignment of meaningful data projects in the healthcare system. In addition he will address:

  • Ensuring that your data is clean and understood: how to understand the data
  • How to create a predictive model that will help you get a head start on the competition
  • Applying quantitative operational excellence methodologies and simulation tools to your predictive model

 

 Successful Operational Excellence examples case study

 

Enabling Digital Business Transformation with Enterprise-wide Process Modeling

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FURTHER READING: Top 10 Operational Excellence Books

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