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PowerBI Class 1

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POWER BI: THE POWER OF VISUALIZATION

PART: 1. INTRODUCTION TO
BUSINESS INTELLIGENCE
BUSINESS INTELLIGENCE
According to Gartner, Business intelligence (BI) services are offerings to design, develop and deploy enterprise processes and to integrate, support and
manage the related technology applications and platforms.
Business Intelligence is a technology-driven process for analysing data and presenting actionable information to help corporate executives, business mangers
and other end users make more informed business decisions.

Step 3 Step 4 Step 5


Step 1 Step 2
Data from Data sets are BI analyst, The query Business
source organised other results are executives
systems is into analytics built into and workers
integrated analytics professionals data use the
and loaded data models and business visualisation information
into data or OLAP users run , dashboards for decision
warehouse cubes to analytical reports and making and
or other prepare them queries online strategic
analytics for analysis. against the portals. planning.
repositories. data.
BI Step-Wise Features

Version control
and process
management
Multidimensional
Open item
aggregation and
management
allocation

Key Performance Denormalization,

BI
indicators tagging and
optimization standardization

FEATURES
Statistical
conclusions and Interfacing with
probabilistic unstructured data
simulation

Group
Real-time
consolidation,
reporting with
budgeting, and
analytical alert
rolling forecasts
BI: Stages and Implementation
Introducing BI Warehouse Architecture Implementing End User
• Roles: • Roles: Interface
• Executive Person • Head of BI and Software Engineer • Roles:
• Responsibilities: • BI Engineer • Head of BI and Software Engineer
Setting objectives Warehouse Configuration • BI Engineer
Defining KPIs Architectural style choice • IT Departments
Formulating requirements OLAP cubes implementation Implementation of Front-End of BI Tools
Data Marts Implementation Setting up reporting

Tools Choice Setting Data Integration Tools End User Onboarding


• Roles: • Roles: • Roles:
• Executive Person • Head of BI and Data Analyst • Head of BI
• Responsibilities: • BI Engineer • Head of IT Departments
Define the requirements • Responsibilities: • Responsibilities:
Check the market Setting ETL Tools and Systems Implement onboarding tactics and
Consider building a custom tool technologies

Gathering BI Team Documentation Strategy


• Roles: • Roles:
• Head of BI • Head of BI
• Responsibilities: • Data Analyst
Gather team that will lead • Responsibilities:
implementation Creating a documented strategy of the
Define key roles BI
Include department representatives Documenting requirements
BUSINESS INTELLIGENCE TOOLS

Data
Warehousing

Cloud-hosted BI
Data Sources
software

Advanced BI TOOLS
Analytics or
Corporate
Measurement
Performance
Management
(CPM)

Online
Collaboration
Analytical
platform
Processing
BA VS BI

Business Intelligence Business Analytics

BI which involves technologies and


BA comprises methodologies, practices, and
techniques to assess past performance as well
technologies intended to iteratively examine
as to assist in generation of business
and process data about past company
intelligence strategy and plan which is
performance. Based on previous experience
likewise built on statistics. Whereas business
business analytics retrieves the insights for
intelligence gives a user an opportunity to
better understanding of the business
look for information by asking questions,
management. Also business analytics helps
reports, and OLAP, in business analytics it’s
users make decisions based on predictive and
possible to implement predictive and
explanatory modeling.
explanatory modeling.
BI VS CI

Business Intelligence Competitive Intelligence

BI which involves technologies and CI contributes to gaining awareness of what is


techniques to assess past performance as well going on in the business environment to
as to assist in generation of business enhance a user’s business competitiveness. It
intelligence strategy and plan which is typically encompasses discovery of all
likewise built on statistics. Whereas business possible external information about the
intelligence gives a user an opportunity to business field and actual and potential rivals
look for information by asking questions, so that to improve strategic decisions of the
reports, and OLAP, in business analytics it’s executives. Technically CI is a process of
possible to implement predictive and determining, examining and extracting data
explanatory modeling. about competitors’ activity in the market.
CHOOSING A BI VENDOR

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