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