Business Driven Technology
Business Driven Technology
7th Edition
ISBN: 9781259567322
Author: Paige Baltzan Instructor
Publisher: McGraw-Hill Education
Question
Book Icon
Chapter B, Problem B10.1MBD
Program Plan Intro

Business Intelligence (BI):

  • Business intelligence denotes technologies used by companies for analysis of data in business information.
  • It provides current, historical and predictive views for business operations.
  • The functions of BI includes:
    • Reporting
    • Data mining
    • Process mining
    • Benchmarking
    • Text mining.
  • It can handle huge amount of structured and unstructured data for identifying, developing and producing new prospects in business.
  • The operating decisions include pricing or product positioning.
  • The BI applications use data that is gathered from data warehouse.

Blurred answer
Students have asked these similar questions
XYZ Company Case XYZ is a large organization well known for their consumer products and the retail business which has been in the market for a long time. They own multiple outlets across different cities and have a solid IT infrastructure to manage its operations internally. However with the pandemic, business is going down and the management is worried about overheads and ways to increase the income. Other small businesses are adopting different models to keep their customers satisfied and cash flow high, in fact some businesses are doing way better than pre-pandemic. With a little market research, the management found out most businesses are moving their retail business online. The managers realized the demand for online presence and that this is the right time to get into the e-commerce market to save the company. You work in the IT department of XYZ and your department has been assigned with developing an e-commerce platform to take the company business online. One key request from…
XYZ Company Case XYZ is a large organization well known for their consumer products and the retail business which has been in the market for a long time. They own multiple outlets across different cities and have a solid IT infrastructure to manage its operations internally. However with the pandemic, business is going down and the management is worried about overheads and ways to increase the income. Other small businesses are adopting different models to keep their customers satisfied and cash flow high, in fact some businesses are doing way better than pre-pandemic. With a little market research, the management found out most businesses are moving their retail business online. The managers realized the demand for online presence and that this is the right time to get into the e-commerce market to save the company. You work in the IT department of XYZ and your department has been assigned with developing an e-commerce platform to take the company business online. One key request from…
System: Trading Management SystemFair Investing (Pty) Ltd is a financial services provider that assists investors to invest on theJohannesburg Stock Exchange (JSE) and Offshore Financial Markets. The Directors of Fair Investing(Pty) Ltd would like you to assist them to conceptualise and build an end‐to‐end information systemthat will enable its fund managers to track performances of equity derivatives, and conduct ForexTrading. On the same system fund managers should be able to buy and sell equities and derivatives.Investors will be given a read only access to the system to view the performance of theirinvestments. They should also be able to view their FICA Status with regards to any outstandingdocuments required for FICA purposes.Fair Investing (Pty) Ltd is required by law to have a full‐time compliance officer. The role ofa compliance officer is to assist Directors and Management of Fair Investing (Pty) Ltd to establishand maintain a compliance function within their risk management…

Chapter B Solutions

Business Driven Technology

Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Enhanced Discovering Computers 2017 (Shelly Cashm...
Computer Science
ISBN:9781305657458
Author:Misty E. Vermaat, Susan L. Sebok, Steven M. Freund, Mark Frydenberg, Jennifer T. Campbell
Publisher:Cengage Learning
Text book image
Fundamentals of Information Systems
Computer Science
ISBN:9781305082168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Database Systems: Design, Implementation, & Manag...
Computer Science
ISBN:9781305627482
Author:Carlos Coronel, Steven Morris
Publisher:Cengage Learning