c. i Business i intelligence i helps i the i human i resource i department i track i and i manage i things i like i employee i turnover, i attrition i rate, i recruitment i process, i and i so i on. Aside i these, i every i other i department i within i a i company i will i benefit i directly i or i indirectly i from i business i intelligence. i Correct i usage i of i this i strategy i has i shown i excellent i results i across i all i sectors; i be i it i e-commerce, i media, i non-profit i organizations, i healthcare, i telecommunication, i financial i services, i energy, i and i so i on. Business i intelligence i helps i in i decision i making i due i to i the i multiple i powerful i elements i it i entails. i These i include i interactivity, i data i visualization, i database i connection, i mobile i business i intelligence, i predictive i analytics, i application i integration, i and i ad i hoc i reporting. i Now, i let’s i take i a i closer i look i at i each i of i these i elements. 6+ i Ways i Business i Intelligence i Help i in i Decision i Making 1. i Interactivity There i should i be i a i high i level i of i interactivity i between i the i dashboard i and i the i difference i report. i For i example, i if i a i person i is i seeing i and i analyzing i the i total i sales i report, i some i interaction i should i be i involved. i This i will i help i the i person i dig i further i into i the i report i to i figure i out i region i wise i sales, i product i wise i sales, i time i period i wise i sales, i and i so i on. The i more i the i level i of i interaction, i the i more i the i volume i of i vital i information i that i will i be i retrieved; i and i the i better i the i decisions i that i will i be i made. 2. i Data i visualization Having i data i visualized i in i a i correct i format i is i very i important, i as i this i facilitates i better i understanding i of i the i data. i For i example, i month-on-month i sales i could i be i represented i in i the i form i of i a i line i graph i rather i than i just i words i or i verbal i communication. i Similarly, i a i component i wise i contribution i could i be i best i represented i with i a i pie i chart. i Only i when i data i is i represented i in i the i correct i format i can i any i useful i insight i be i extracted i from i it. 3. i Connection i to i databases
Business Intelligence 2020 Jeshan Maharjan(HND/Fourth Semester) 42 During i a i business i intelligence i procedure, i the i analysts i in i charge i should i be i able i to i fetch i information i by i connecting i to i different i databases i and i web i services, i so i that i they i will i get i access i to i the i right i information i irrespective i of i its i source. i With i the i right i information, i helpful i recommendations i can i be i made i that i will i help i a i company i grow.
- One '14
- Ito, IOF