Business Intelligence Presentation
Business Intelligence Presentation
Business Intelligence Presentation
BI!
BI First use of the term
The first use of the term “business intelligence” is widely attributed to Mr. Richard Miller Devens, in his book
Cyclopaedia.
He used it to describe how Sir Henry Furnese, a successful banker, profited from information by actively gathering and
acting on it before his competition. This pointed out the fact that it was more reliable to use data and empirical evidence,
rather than gut instinct, to develop a business strategy. The idea was further enhanced by others who saw value in
information.
Business Intelligence BI!
• The need for BI was derived from the concept that managers
with inaccurate or incomplete information will tend, on
average, to make worse decisions than if they had better
information.
Is about delivering
To do this it requires
methods and programs
Imagine BI Functioning like a grocery store!
• When you enter a grocery store and are looking for specific items say eggs milk and bananas you do not need to
find an employee to ask them where to look instead grocery stores are organized into aisles and signs that make the
store relatively simple to navigate.
• Now imagine the items in the store are like your business's data and you need to collect information on
production billable hours and sales goals you are likely to go to three different experts and ask them where you
can find this information then you will go to someone else and have them compile it for you.
• Bi is all about taking your messy information and turning it into a tidy and accessible grocery store this enables
you to navigate your data on your own and find what you need without relying on others organizations no longer
have to dig through complex webs of linked spreadsheets analyzing the data manually and mashing together
reports instead employees can use BI systems to request the information .
BI is a large and complex field including :
● Performance management
● Analytics
● Predictive modeling
● A lot more
Using Bi offers significant advantage when
trying to make strategic:
01 02 03 04
Having any time You can discover Discover new Identify areas of
access to inefficient business opportunities strength and weakness
organized data processes and
hidden patterns
Components of BI environments
• Data warehouse: hold subsets of business
information
01 02 03 04 05
Analytics data BI
Source systems Data integration and Tools Dashboards, portals
stores
cleansing tools and reports
How the BI process works
Business benefits of BI applications
The Mandate for Business Analytics
IDC predicts that by 2020, organizations able to analyze all relevant
data and deliver actionable information will achieve an extra $430
billion in productivity benefits over their less analytically oriented
peers.
● Decision Optimization
Financial Consolidations & Reporting
Financial Consolidations
● Strategic Analytics
External & Regulatory Reporting
Customer & Product Profitability
F/X Impact Analysis
● Operational Reporting Price/Volume/Mix Analysis
Operational Finance Reporting M&A Scenario Modelling
• General Ledger Analysis & Reporting
• ERP Subledger Reporting & Analysis
(AP/AR)
Daily Sales Flash
Visualization Example –
Profitability Analysis
Profit Detail?
Strategic P&Ls
Product/Customer/Channel/Market, etc
$140 Mil
Why $60M
50% 15% 35%
Loss? $81 Mil
Prepare
Liberate all data and connect connect to
more than 50 different data sources
Explore
Powerful tools for auditable and traceable data blending,
wrangling, cleansing & modelling
Share
Intuitive and rich exploration with
self-service data visualization
1
Oracle Analytic Cloud Demo -
Visualizations
Business Analytics
Solutions Provider: EPM,
BI, and BD Technologies
Creating New
Data Source
Add a New
Connection
Lots of
Connection
Options
Adding Items to the Canvas
Instant Visualization
Changing
the Visualization
Business Analytics
Solutions
Provider:
Adding Measure
Adding Another Measure
Advanced Analytics
Saving Project
Choosing Another Visualization in BI Ask
Working With Project
Market share of top Business Intelligence Software in 2021
• Microsoft Power BI is the most-compared BI software in 2021. (TrustRadius
2021)
Ref.: https://www.statista.com/statistics/590054/worldwide-business-analytics-software-vendor-market/
Top BI Software Comparisons in 2021
Increasing in the Market size of BI software
The Global Business Intelligence (BI) Tools market is anticipated to rise
at a considerable rate during the forecast period, between 2021 and 2026.
In 2020, the market is growing at a steady rate and with the rising
adoption of strategies by key players, the market is expected to rise over
the projected horizon.
Business Intelligence Statistics for 2021
Ref.: https://techjury.net/blog/business-intelligence-statistics/#gref
Thank You