What is Business Intelligence all about? Better Decision Making and BI

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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.

Read now: What is Business Intelligence?

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

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

White Paper, Sponsored by Signavio

Today’s digital world creates a new change imperative.

Businesses, government entities, and non-government organizations everywhere struggle with the pace, volume, and complexity of change. As a result, vast resources are wasted by multiple groups within the same organization all responding to the same change in isolation.

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