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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
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FURTHER READING: Top 10 Operational Excellence Books
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