Business Intelligence :: essays research papers

Business Intelligence for competitive advantageIn the beginning, businesses used info technology for automating the processes primarily to reduce labor costs. Subsequently, randomness technology is used for delivering information with speed and accuracy.Currently, businesses want to use the information effectively for competitive advantage to make better decisions that improve and optimise business processes, predict the market dynamics accurately, optimize forecasts to adequately detect resources to name a few reasons.Businesses reached a critical juncture in global competition and the business intelligence capabilities and analytic prowess result play critical roles in the most competitive sectors of global economy. basic of all, business intelligence analysis requires the capturing of information and storing in a champion location for effective info analysis. Currently, info analysis is supported by transactional systems, business specific data marts, and other ad-hoc pr ocesses. Information is distributed making it intemperate and time-consuming to access. Business teams have adapted to this environment by creating exploiter maintained databases and manual work-arounds to support new types of reporting and analysis. This has resulted in dissonant data, redundant data storage, significant resource use for maintenance, and inefficient retort to changing business needs. A data warehouse comprised of disparate data sources enables the single version of truth through shared data repositories and standards and in any case provides access to the data that will expand frequency and depth of data analysis. Due to these reasons, data warehouse is the foundation for business intelligence. As a Technical Architect, I am involved in the design and phylogeny of the Enterprise Data Warehouse at Target. I and many of my colleagues worked toughened to make the business case of the importance of the data warehouse and its rate addition to the company.