Real time BI: It allows for the real time distribution of information through email, messaging Systems and interactive displays. OLAP provides multidimensional, summarized views of data which is used for reporting, modelling, analysis, and planning for optimizing the business and millions of records can be accessed.
There are many factors that contribute to the success of BI systems. Developing an understanding for the business intelligence competency center- role and responsibilities.
Initially, BI reduces IT infrastructure costs by eliminating redundant data extraction processes and duplicate data housed in independent data marts across the enterprise. An investigation from the UK.
We can then vary our inputs to see how different courses of action might affect these outcomes. Third, very few organizations have a full-fledged enterprise data warehouse.
Gathering information alone is futile until it is analyzed. Perspectives from the UK. Business intelligence for data mining and influence on decision making in the UK. The data warehouse supports the physical propagation of data by handling the numerous enterprise records for Cleansing, integration, selection, aggregation and query tasks.
As a tool, BI is used to deal with the existing data in the enterprise, and convert it into knowledge, analysis and conclusions, and then help the decision-maker to make a right and wise decision. It contains historical data, live data, not snapshots.