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| "KNOWLEDGE IS POWER" anon |
This section is for you. We hope it will work at several levels.
Firstly, it is for your own information. More than ever, activity in the field of Business Intelligence, Analytics or Information Technology generally requires access to new, accurate, innovative and original reference material. This reference section, while less comprehensive than a more dedicated forum, is ready access to a small selection of such material.
Secondly, you can backtrack from the articles and papers to their parent sites where you will find yet more material. For convenience we have provided direct links which you may prefer.
Lastly, we hope it will be useful for you to have a feel of the directions in which our interests lie. This is what we read. |
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| Please link to the information you require from this table. This browser will remain open or you can return here via the "Back to Index" button after each piece. Either way you can get back here to carry on digging! |
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| Majendi is in no way linked to any of the sites mentioned above - commercially or otherwise. |
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Business Intelligence
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...an article by the Majendi team ... just to get the ball rolling!
A good business intelligence solution enables key analysts, decision-makers and operational staff to view, manipulate and model information needed to make decisions. The information needs to be supplied in a relevant usable format, with easy access, and focus on the area requesting it. It also needs to be combined with other key information for the organisation to allow comparatives, variances and performance measurement. |
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Business Intelligence can be dissected into many components and there have been numerous articles and theories written. However, it has been effectively summarised by CSIRO into five key stages. Data sourcing, data analysis, situation awareness, risk assessment and decision support. In effect, companies should measure, analyse, plan and improve and these are the areas that business intelligence specialises in. |
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The benefits of Business Intelligence are potentially enormous. It allows analysts to concentrate on analysing, executives to plan better as the trends and patterns provide in depth information and operational staff have understandable and workable performance measures which results in decisions and changes taking place more smoothly and rapidly. |
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Business Intelligence and its fundamental importance to the long term future of businesses has been summarised well by B I Solutions. Business Intelligence underpins effective management and informed decision making for challenges such as globalisation, customer loyalty, rising fraud and money laundering. In today's competitive markets, companies need to address these issues by using technology to drive business performance strategies, improve processes, track customer behaviour, protect profit margins and support other related activities.
Why Business Intelligence?
by Lee Wittschen |
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