Business intellgence

1.

BUSINESS
INTELLGENCE
PRESENTED BY
G.SHALINI
&
K.SATHWIKA

2.

INTRODUTION TO
BUSINESS INTELLGENCE
• Business intelligence(BI) is a short all about using data to gain insights and
make better business decisions.
• It involves collecting and analyzing data from various sources, like
sales,customer behaviour and market trends.
• It helps companies understand trends and insights from their data to
improves their operations and strategies.

3.

DATA SOURCING
DATA ANALYSIS
Essential
stages of BI
RISK ASSEMENT
DECISION
SUPPORT

4.

Decision
intelligence
Digital
Automation
data mining
Buzzwords
of
BI
Emotional
Intelligence
(BI)
cloud
Selfservice(BI)

5.

APPLICTIONS OF BI
• BI uses software to convert reams of information into bite-sized insights to
the inform decision-making.
• The software receives data from a company’s ERP system and other data sets
via a sync tool or API.
• The bi tool then analyzes the data sets and presents finding in reports and
dashboards.

6.

Now day’s how we can use
business intelligence
• By using business intelligence, we can analyze the sales data to identify which
products are selling the most and what times.
• This information can help you make decisions like stocking up on popular
items, adjusting pricing strategies, or even planning promotions during peak
sale periods.it’s all about using data to understand your customers and make
smarter business moves.

7.

Competitive
advantage
Increased
efficiency
Real-time
monitoring
USING
KEY
BENFITS
OF(BI)

8.

• Increased efficiency :By analyzing data, you can identify areas where you can
optimize processes, reduce costs, and improve overall efficiency.
• Competitive advantage : with BI, you can stay of the competition by spotting
trends, identifying market opportunities, and making strategic moves.
• Real-time monitoring : BI tools enable you to monitor key metrics and
performance in real-time, so you can quickly respond to changes and take
proactive actions.

9.

Faster
decisionmaking
Increase
collaboration
Advantages
of BI
Accurate
reporting
Improved
Customer
satisfaction

10.

ADVANTAGES OF BI
• Faster decision making : BI tools are designed with built-in collaboration
features that help to faster communication among team members.
• Improved customer satisfaction : understanding customer behavior is
essential for providing exceptional customer experiences.
• Increase collaboration : BI can help organizations improve collaboration and
team work by providing a single source for data and insights.
• Accurate reporting : Using different kinds of data sources, employees can
customize their reports and monitor KPI’s.

11.

Multiple
date
sources
Mobile
BI
Disadvantages
Of
(BI)
complexity
Employee
resistance

12.

Disadvantages of BI
• Multiple data sources : with so much data available from external sources, you
have to choose the most relevant sources for your business.
• Employee resistance : BI systems have to be maintained and constantly
upgraded. this increases the costs for a employee resistance.
• Complexity : BI tools can be complex to set up and manage, especially for
non-technical users.
• Mobile BI : it challenges like high initial costs, gaps in data context and
potential human bias should be addressed for optimal implementation.

13.

Conclusion
• The overall objective of business intelligence is to allow a business to make
informed decisions. A company with a working BI strategy will have data
that is accurate, complete and organized.
• BI can also help organize teams, keeping them aware of key performance
indicators(KPI’s). Awareness of KPI’s through dashboards and reports keeps
teams aligned and focused on their goals.