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    Thinhha Asm2 Bi

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    Ngo Thi Khanh Chi BTEC HN
    The document is an assignment front sheet for a BTEC Level 5 HND Diploma in Computing course. It includes information such as the student and assessor details, declarations, and grading grid. The body of the assignment asks students to determine what business intelligence is and examples of associated tools and techniques, and to design a business intelligence tool to perform a specific task.

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    © All Rights Reserved
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    Thinhha Asm2 Bi

    Uploaded by

    Ngo Thi Khanh Chi BTEC HN
    11 views5 pages
    The document is an assignment front sheet for a BTEC Level 5 HND Diploma in Computing course. It includes information such as the student and assessor details, declarations, and grading grid. The body of the assignment asks students to determine what business intelligence is and examples of associated tools and techniques, and to design a business intelligence tool to perform a specific task.

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    Assignment - BI -2

    Original Title

    thinhha-asm2-bi

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    The document is an assignment front sheet for a BTEC Level 5 HND Diploma in Computing course. It includes information such as the student and assessor details, declarations, and grading grid. The body of the assignment asks students to determine what business intelligence is and examples of associated tools and techniques, and to design a business intelligence tool to perform a specific task.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    11 views5 pages

    Thinhha Asm2 Bi

    Uploaded by

    Ngo Thi Khanh Chi BTEC HN
    The document is an assignment front sheet for a BTEC Level 5 HND Diploma in Computing course. It includes information such as the student and assessor details, declarations, and grading grid. The body of the assignment asks students to determine what business intelligence is and examples of associated tools and techniques, and to design a business intelligence tool to perform a specific task.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    ASSIGNMENT 2 FRONT SHEET

    Qualification BTEC Level 5 HND Diploma in Computing

    Unit number and title Unit 14: Business Intelligence

    Submission date Date Received 1st submission

    Re-submission Date Date Received 2nd submission

    Student Name Nguyen Ha Thai Thinh Student ID BH00181

    Class IT0503 Assessor name Dinh Van Dong

    Student declaration

    I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I understand that
    making a false declaration is a form of malpractice.

    Student’s signature Thinh

    Grading grid

    P3 P4 M3 D3

    1
     Summative Feedback:  Resubmission Feedback:

    Grade: Assessor Signature: Date:


    IV Signature:

    2
    A. INTRODUCTION

    B. DETERMINE, WITH EXAMPLE, WHAT BUSINESS INTELLIGENCE IS AND THE


    TOOLS AND TECHNIQUES ASSOCIATED WITH IT (P3)
    1. Business intelligence
    Business intelligence (BI) is a technology-driven process for analyzing data and delivering
    actionable information that helps executives, managers and workers make informed business
    decisions. As part of the BI process, organizations collect data from internal IT systems and
    external sources, prepare it for analysis, run queries against the data and create data visualizations,
    BI dashboards and reports to make the analytics results available to business users for operational
    decision-making and strategic planning.
    The ultimate goal of BI initiatives is to drive better business decisions that enable organizations to
    increase revenue, improve operational efficiency and gain competitive advantages over business
    rivals. To achieve that goal, BI incorporates a combination of analytics, data management and
    reporting tools, plus various methodologies for managing and analyzing data.

    3
    1.1. Benefits of BI
    The Benefits of Business Intelligence:
    • Fast and accurate reporting. Due to the time-consuming and labor intensive nature of
    business reporting, multimodal tools impact businesses. Employees will be able to monitor
    KPIs by using tools like templates or custom reports. Besides, there are a variety of data
    sources, including financial and operational data.
    • Significant business Insights. If there has to be a combination of actions in the business
    world, nothing better than to put together business data and its analysis. All with the purpose
    of allowing organizations to come up with better business decisions. These decisions are led
    by improved business processes. This will allow valuable business insights and information
    fundamental for the company.
    • Competitive analysis. Business Intelligence are the tools, software and systems of a
    business. They are key and essential to an organization’s strategic planning process. Also,
    there is competitive intelligence. This refers to analyzing a company’s industry and its
    competition with the purpose to make strategic business decisions that will help differentiate
    the company from other market representatives.
    • Better BI data quality. Data analysis is the base of BI, so, the organization will not only
    collect, but will also analyze data. So, its quality about BI, is a measurement that evaluates
    the accuracy and reliability of the data in an organization. It also determines the
    completeness and the usability of the analyzed data. Thus, one of the many other benefits of
    Business Intelligence is that it will improve the quality of the data.
    • Higher Margins. Thanks to BI, businesses can lower their production costs and identify
    opportunities in demand that offer them higher margins, thus improving their ROI
    significantly.

    2. Examples of Business Intelligence System used in Practice

    C. DESIGN A BUSINESS INTELLIGENCE TOOL, APPLICATION OR INTERFACE THAT


    CAN PERFORM A SPECIFIC TASK TO SUPPORT PROBLEM-SOLVING OR
    DECISION-MAKING AT AN ADVANCED LEVEL

    4
    5

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