Questions On The Business Intelligence

As we discuss the possibility of emerging into business intelligence software we must keep in mind the overall purpose of using any type of software is to reach strategic goals in order to increase market shares. I will discuss how business intelligence software will allow us to meet those strategic goals. We will establish what type of information and analysis capabilities will be available once this business intelligence software is implemented. We will discuss hardware and system software that will be required to run specific business intelligence software. Lastly, I will give a brief synopsis on three vendors (IBM, Microsoft Microsoft and Oracle) that are dominating the business information software

Management information system (MIS) is a computer that based system which provides Tesco managers to planning, developing, and use of the information technology to perform all tasks that related to the information processing and management. This system is well in security as for entire data that needs to be confidential at all the level. It also plays an important role for manager to analysing the decision. For example, when a decision was take on the pricing of a product, the information systems will

Furthermore, Management Information Systems (MIS) not only is based on software systems, but also includes set of business processes and useful resources that work to put the information together from tactical systems. The entire system is designed to the company to get tactical goals and meet strategies. Basically, the role of any MIS organization could be compared with the heart of a body. This means that information is the blood and MIS is the heart. For a good function of the body should be flow pure blood, because it will help to regulate correctly the brain. MIS has the same role in any organization, all information is collected from distinct sources to all needed destinations. Additionally, MIS plays a particular role of information generation, problem identification and communication because all of this help to improve and take right the decision making.

Business Intelligence: Business intelligence is a program that coordinates the best combinations of data in sales to achieve maximum profits.

Business Intelligence (BI) is the consolidation and analysis of internal data and / or external data for the purpose of effective decision-making. At the core of all BI initiatives is a data warehouse to hold the data and analytics software. The data warehouse stores data from operational systems in the organization and restructures it to enable queries and models to extract decision support reports.

As we discuss the possibility of emerging into business intelligence software we must keep in mind the overall purpose of using any type of software is to reach strategic goals in order to increase market shares. I will discuss how business intelligence software will allow us to meet those strategic goals. We will establish what type of information and analysis capabilities will be available once this business intelligence software is implemented. We will discuss hardware and system software that will be required to run specific business intelligence software. Lastly, I will give a brief synopsis on three vendors (IBM, Microsoft Microsoft and Oracle) that are dominating the business information software industry today.

Business Intelligence projects start out as a simple report or request for an extract of data. Once the base data is aggregated then the next request usually is about summing data or creating more reports that have different views to the data sets. Before long complex logic comes into play and the metrics coming out of the system are very important to many corporate wide citizens. "Centrally managed business rules enable BI projects to draw from the business know-how of a company and to work with consistent sets of business logic – they are what add the intelligence to business intelligence."(pg14)

Business Intelligence is the smart activity and opportunity that gets raw data transformed into real knowledge to get a know-how of what you actually plan to use. Have consequential implementation of ideas and ways that are required to make profiting in businesses you get enactment with.

The purpose of this report is to explain what “Management Information Systems” (MIS) is. This report will discuss how management information system helps different departments in an organization. The functions and advantages of using MIS will also be examined in this report.

Business Intelligence or BI is a computer-based system which is used by organizations for decision making purpose. It consist of a huge data warehouse or data marts of business data, from which it performs mining, recognizing, digging or analyzing operations to produce suitable results/reports. BI applications include a wide range of activities for statistical analysis, Data mining, querying and reporting, business performance analysis, Online Analytical Processing, and forecasting and predictive analysis. It provides organizations with significant information regarding employees, consumers, dealers and other business associates, which can be used in effective decision making.

Data mining is often referenced to text mining. This concept is constructed of researching information, storing information, and presents information. This concept is mainly about the searching of patterns new or old. Along with discovering patterns it is about predicting them as well. Text Mining can be referred as text data mining. This concept involves controlled patterns of data involvement. This is a concept focused on the basic analytical techniques. This term has many different name, but is still defined as using a wide variety of countless data bases to retrieve information. The retrievals no matter where they are collected from are valuable to a business as long as they are from a reliable truthful source.

Business Intelligence, also referred to as BI, has been defined in many ways. The earliest definition comes from 1958. At this time business intelligence “was seen as the ability to apprehend the interrelationships of presented facts in such a way as to guide actions towards a desired goal” (Turning Data into Actionable Information). Business Intelligence encompasses the following elements: Reporting, Analysis, Data mining, Data Quality and interpretation, and Predictive Analysis” (Turning Data into Actionable Information). According to Ryan Mulcahy at CIO.com, “Business Intelligence, or BI, is an umbrella term that refers to a variety of

Data mining is often referred to as “analytical intelligence” and is helping organizations for a better view of their business, to understand their customer needs and increase the effectiveness of the organization in the long run.

Management Information System (MIS) is a combination of tools, processes, and technologies that an organization deploys in order to gather relevant operating data and gain efficiency in internal processes. The system consists of tools and technologies, such as computer software and hardware, as well as technical personnel.

A management information system (MIS) is a system of financial information that uses a computerized database. After the information is organized and programmed, it should be able to produce a regular report on operations for every level of management in a company. Obtaining special reports from the system easily should also be possible with its main aim being to give managers feedback about the performance of the institution. It focuses on the management of information systems to provide decision making strategies that are efficient and effective.