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What is Business Intelligence?


  Business intelligence is a process of collecting, managing and analyzing business information. Its purpose is to enable decision makers at all levels of an organization to gain knowledge or insight that will lead them to make decisions that are more beneficial to the business. Business intelligence generally includes data warehousing, on-line analytical processing, data mining, data backup and recovery, etc. The implementation of business intelligence involves software, hardware, consulting services and applications, and its basic architecture includes three parts: data warehouse, online analytical processing and data mining.

商业智能

  

Therefore, it is appropriate to consider business intelligence as a solution. The key to business intelligence is to extract useful data from the many data coming from different enterprise operating systems and clean it to ensure that it is correct. It is then merged into an enterprise-level data warehouse through a process of extraction, transformation, and loading, also known as ETL, to obtain a global view of the enterprise data. Based on this, appropriate query analysis tools, data mining tools (big data), OLAP tools, etc. are used to analyze and process (this is when the information becomes knowledge that aids in decision making). Finally, the knowledge is presented to managers to support their decision making process.

  Decision Making is an effective way to optimize and automate business decisions. Through predictive analytics, it enables organizations to act before decisions are made, thus predicting which future actions are most likely to succeed. Broadly speaking, there are three types of organizational decisions, namely strategic, operational and tactical.

  Of these, strategic decisions usually set the long-term direction for the organization, and the creators are C-level executives, vice presidents, and business line managers; business decisions usually include the development of strategies or processes. They are focused on executing specific projects or goals at the tactical level and are made by business managers, system managers, and business analysts; tactical decisions are usually "front-line" actions that apply strategies, processes, or rules to specific cases. These types of decisions lend themselves to automation to make results more consistent and predictable, and their developers include consumer service representatives, financial services representatives, branch managers, salespeople, and automated systems such as website recommendation engines.

  Decision making enables improvement by using decision process frameworks and analytics to optimize and automate decisions, optimize results, and solve specific business problems. Decision making typically focuses on mass decision making and is enabled by the use of rule-based and analytical model-based applications. Thus, although decision management is relatively new, it is supported by proven technologies.

  With an understanding of the types of decisions in your organization and the decision management options available, it's time to start building a decision management infrastructure. Business managers should first define their business challenges in the context of the decisions that affect them. Targeted decisions are then optimized through decision management with decision-centric applications developed for specific business problems that display relevant information familiar to business people and add predictive analytics to the scope of decisions affecting the problem.

Latest News


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Xilkang overcomes technical challenges to achieve a revolutionary breakthrough, releasing the first smart bathroom prevention

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What is the future of the development of intelligent bathroom

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In the next few years, China's intelligent sanitary ware is expected to usher in the peak of development. As a sunrise industry related to people's livelihood, it is currently in a critical period of rapid market development. When will it come into thousands of households? I'll introduce it to you.


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In people's living standards are getting better and better, naturally many industries have undergone great changes, such as our household appliances and sanitary ware. Especially the development of sanitary ware, so that our life is more comfortable. At the time of selection, there are many new intelligent sanitary ware on the market with them, not only to bring convenient life, but also to enhance the taste of the home. So what are the advantages of intelligent bathroom and what are the skills to choose? Follow me to learn about it!


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With the rapid development of technology, more and more intelligent devices appear in our family life, not only to facilitate family life, but also to improve the comfort of family life. For example, intelligent bathroom products make the traditional bathroom environment clean and fresh, and a variety of black technology bathroom products to enhance the bathroom decoration grade. Let's take a look at what is intelligent bathroom and what does it include?