4. Analytical Data model and Dashboard/Reporting with Business Intelligence Tool:

Once Dimensional model is designed and data warehouse system is prepared, next step is to create  analytical data model to present the data that will enable slice and dice business data on different dimensions. Based on top management business requirements Dashboards are designed to present KPIs, Metrics, Alerts etc. This will help users to analyse keybusiness trends, discover new patterns and assess performance and plan future actions.

Business intelligence is the set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision-making. New development has taken place to transform Business Intelligence in a big way, as follows,

  • The reportinglook and feel has been enhanced by many powerful forms of graphic visualization that enables the discovery of insights in more intuitive ways.
  • The basic analytic capability has been expanded by libraries of sophisticated, yet easy-to-use statistical tools, that provide such features as correlation and regression analysis to support predictive analytics.
  • The underlying database management technology has evolved to take advantage of low cost commodity hardware to address ever-increasing volumes of structured, semi-structured and unstructured data.
  • Mobility has added another powerful dimension to the delivery of business intelligence by making it available anywhere and anytime.

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