Thursday, June 20, 2019

Business Intelligence Analysis Assignment Example | Topics and Well Written Essays - 2000 words

Business Intelligence Analysis - Assignment ExampleWEKA is the favored softw are tool for the classification. This is because the software can mine utile information from the selective information by providing an algorithm for coming up with accurate prediction models.The verifiable of the business intelligence analysis is to equip learners with business skills that will help them in relating services, applications, and the technologies so that they can manage and analyse data so that the data is transformed into useful information that is critical to sound decision making. The Business intelligence processes are used to evaluate business processes and to optimise them so that they are in line with the objectives of the business. The objectives can be operational that impact the business on daily basis, or even tactical that will have impacts on short term basis like marketing or even strategic goals that will have long term effect like improve the revenues. Business intelligence is therefore a critical element in the decision making process. This is because the process analyses data that is, orders, inventory and points of sales. From these data the Key surgical process Indicators (KPI) are calculated that is, the measure of the strategic performance of the business. KPI is important in the monitoring of the organisations performance and for decision making. The main objective is to provoke business intelligence that is crucial in shaping the organisations operations to the strategic and tactical objectives of the business. This is only possible when the transactional data is integrated in the data warehouse to be analysed by the BI performance managers. The course seeks to equip learners with the ability to convert the integrated, but raw warehouse data into useful information that can be used to determine accurately how the business performed in contrast to its objectives and predictions. This application generates business knowledge that is very impor tant for

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