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CO1109- Lecture 7 Foundations of Business Intelligence(1)

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Important Dates
Coursework 1 Dates
Releasing date
Friday 10th February 2023
Submission deadline
Friday 3rd March 2023, at 5:00 pm
Feedback date
Friday 31st March
(20 working days after submission due day)
No.
Assessment Description
Weight %
Due
1
Coursework 1
20
3 March
2
Coursework 2
20
24 March
3
Examination
60
TBC (May)
1
Important Dates
Coursework 2 Dates
Releasing date
Friday 3rd March 2023 at 10am
Submission deadline
Friday 24rd March 2023, at 5:00 pm
Feedback date
Friday 21st April
(20 working days after submission due day)
No.
Assessment Description
Weight %
Due
1
Coursework 1
20
3 March
2
Coursework 2
20
24 March
3
Examination
60
TBC (May)
2
Example of an ERP System
3
Business and Financial Computing
Lecture 7
(Week 32)
Foundations of Business Intelligence
Donovan Anderson
daa23@leicester.ac.uk
4
Learning Outcomes
After this lecture, successful students should be able to:

Define what is meant by Business Intelligence

Explain the component processes behind Business Intelligence

Discuss the role of Business Intelligence in businesses and organisations
5
What is Business Intelligence?
Applications that turn data into meaningful information which helps businesses make
better decisions or actionable insights.
Business
Intelligence
Business Analytics
6
What is Business Intelligence?
Applications that turn data into meaningful information which helps businesses make
better decisions or actionable insights.
Here and Now
Business
Intelligence
Business Analytics
7
What is Business Intelligence?
Applications that turn data into meaningful information which helps businesses make
better decisions or actionable insights.
Here and Now
Business
Intelligence
Business Analytics
Future
8
Business Intelligence – What? When? and How?
Business Intelligence (BI) helps us to ask important questions in business.
Business
Intelligence
Example: How many
courses did we run this
year compared to the
previous year?
Which degree courses
appear to be more
attractive to prospective
employers when
recruiting graduates?
9
What is Business Intelligence?
James
Toy Business
10
What is Business Intelligence?
So how do we carry out Business intelligence?
James
I need accurate
information quickly
so that I can make
decisions
11
What is Business Intelligence?
So how do we carry out Business intelligence?
James
I need to
analyze this
information and
see what it is
telling me
12
What is Business Intelligence?
Harry, Business Analyst
I would like a report
telling me the which of
my products were the
best sales and where?
James
13
How Do We Achieve Business Intelligence?
We need to gather data in a place in it a way that can become meaningful for
a business
14
The ETL Process
15
Extract Data
Data A
Data B
Central
Repository of
Integrated Data
Data C
16
Transform Data to Become Standardized
(normalized)
Input formats
Output Standardized
17
Load into Data Warehouse
Standardized
Data A
Standardized
Data B
Central
Repository of
Integrated Data
Standardized
Data C
18
Relational Database Management System
19
Relational Database Management System (RDBS)
MySQL
SQL Server
PostgreSQL
Access
20
Key Performance Indicators (KPI’s)
How well is the business doing?
Metrics and values which helps a business to measure its performance against
targets
21
Business Intelligence
Central
Repository of
Integrated Data
Dashboard
Reports
Models
22
In summary:
 Business Intelligence
 Component processes behind Business Intelligence
 Business Intelligence in businesses and organisations
Next week…
 Business Data Analytics
23
Any Questions?
24
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