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Sense & response service architecture (SARESA): an approach towards a real-time business intelligence solution and its use for a fraud detection application

Published: 04 November 2005 Publication History

Abstract

The dynamic business environment of many organizations require massive monitoring of their processes in real-time in order to proactively respond to exceptional situations and to take advantage of time-sensitive business opportunities. The ability to sense and interpret events about a changing business environment requires an event-driven IT infrastructure for pwerforming fast and well-informed decisions and putting them into action. However, traditional Business Intelligence (BI) and Data Warehousing technologies do not directly address time sensitive monitoring and analytical requirements. We introduce an enhanced BI architecture that covers the complete process to sense, interpret, predict, automate and respond to business environments and thereby aims to decrease the reaction time needed for business decisions. We propose an event-driven IT infrastructure to operate BI applications which enable real-time analytics across corporate business processes, notifies the business of actionable recommendations or automatically triggers business operations, and effectively closing the gap between Business Intelligence systems and business processes. A scenario from the area of mobile phone fraud detection was chosen for building a prototype that illustrates the proposed approach by using current available IT technologies.

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      cover image ACM Conferences
      DOLAP '05: Proceedings of the 8th ACM international workshop on Data warehousing and OLAP
      November 2005
      122 pages
      ISBN:1595931627
      DOI:10.1145/1097002
      Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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      Published: 04 November 2005

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      Author Tags

      1. data analysis
      2. event sense & response
      3. real-time business intelligence
      4. real-time data warehousing and OLAP

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      • (2020)Design principles for learning analytics information systems in higher educationEuropean Journal of Information Systems10.1080/0960085X.2020.1816144(1-28)Online publication date: 18-Oct-2020
      • (2019)Predictive Analytics of Hyper-Connected Collaborative NetworkInternational Journal of Business Data Communications and Networking10.4018/IJBDCN.201901010215:1(17-33)Online publication date: Jan-2019
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      • (2015)Scaling Up Mixed Workloads: A Battle of Data Freshness, Flexibility, and SchedulingPerformance Characterization and Benchmarking. Traditional to Big Data10.1007/978-3-319-15350-6_7(97-112)Online publication date: 5-Feb-2015
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      • (2013)From Business Intelligence Insights to Actions: A Methodology for Closing the Sense-and-Respond Loop in the Adaptive EnterpriseThe Practice of Enterprise Modeling10.1007/978-3-642-41641-5_9(114-128)Online publication date: 2013
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