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Mind map

Business Intelligence for Big Data Analytics

ESTEFANIA MONROY FLORES Spanish

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Business Intelligence for Big Data Analytics

  1. Some concepts

    • Data Science
      • is
        • data analysis using scientific methods.
        • the extraction of useful information from accumulated data.
    • Data mining
      • Used for
        • knowledge discovery in databases. I mean, new information is searched for in large amounts of data sets
      • Help to
        • find rules for set tasks and to solve 4 problems: the prediction, classification, clustering and interconnectivity.
  2. BUSINESS INTELLIGENCE AND ANALYTICS

    • IT-authored production reports.
      • Object
        • It was to inform a broad array of information consumers and analysts.
          • But now...
            • Business users and analysts
              • demand
                • Access to interactive styles of analysis and insights from advanced analytics, without IT or data science skills
                  • So...
                    • Platforms have to be user-friendly for analysts and business users to find insights quickly, or by IT to create quick analyzes providing more timely business requirements and benefits.
                      • Having as consequences
                        • BI and analytics vendors introduce self-service data preparation and smart data discovery and pattern detection capabilities
                • Access to self-service capabilities.
    • Gartner Magic Quadrant´s definition of BI and analytics
      • "A software platform that delivers 13 critical capabilities across three categories: to enable, produce and consume, in support of four use cases for BI and analytics."
        • This capabilities help to...
          • enable BI leaders to support a range of functions and use cases from system-of-record reporting and analytic applications to decentralized self-service data discovery.
    • How to evaluate sellers by the way to use
      • There are 4 use cases:
        • 1. Centralized BI provisioning: supports a workflow from data to IT-delivered-and-managed content.
          • 2. Decentralized analytics: supports a workflow from data to self-service analytics
            • 3. Governed data discovery: supports a workflow from data to self-service analytics to systems-of-record, ITmanaged content with governance, reusability and promotability;
              • 4. OEM/embedded BI: supports a workflow from data to embedded BI content in a process or application.
                • Also, with 13 critical capabilities:
                  • Business user data mashup and modelling, internal platform integration, BI platform administration, metadata management, cloud deployment, development and integration, free-form interactive exploration, analytic dashboards and content, IT-developed reporting and dashboards, traditional styles of analysis, mobile, collaboration and social integration and embedded BI
    • Study of Gartner, Inc
      • SAS and the Tableau were recognized as the world's greatest leaders in the field of business intelligence and analytics platforms
        • SAS Institute Inc.
          • Offers an array of components within its Business Intelligence and Analytics suite combining expertise in statistics and predictive modelling with innovative visualization
            • Strengths
              • Support for complex analytic use cases
              • Functionality and product quality
              • Can be deployed to meet the needs of a diverse set of use cases. It´s a platform that is able to meet both the enterprise IT needs and business self-service needs
              • The availability of integrated business-user data preparation capabilities
            • Weaknesses
              • License cost for SAS customers
              • Customers have difficulty in migrating to the latest release of the SAS platform components that they have deployed
              • It has yet to have its full impact on the perceived ease of use
        • Tableau
          • It have transformed business users' expectations about what they can discover in data and share without extensive skills or training with a BI platform
            • Strengths
              • It has clearly defined the market in terms of data discovery, with a focus on "helping people see and understand their data."
              • It aggregates product score, with particular strengths in the decentralized and governed data discovery use cases.
              • It has been able to grow and scale without a significant impact on discounts extended or customer experience
              • The highest scores in terms of breadth and ease of use along with high business benefits realized.
              • It is an R&D-driven company
            • Weaknesses
              • It has a limited product line focused on data discovery
              • IT-developed reports and dashboards, traditional styles of analysis, metadata management, development and integration, BI platform administration, embedded BI and collaboration are rated as weaker capabilities
              • It faces competitive threats from every other vendor in the market that is also focused on delivering self-service data discovery and visualization capabilities
              • It offers limited advanced analytics capabilities.
  3. ANALYTICS: BUSINESS VISUALIZATION

    • The organizations collect all types and amounts of data, the industrial sector doesn´t matter. But, traditional architectures and existing infrastructures are not designed to deliver the fast analytical processing needed for rapid insights
      • Data visualization
        • Helps to
          • explore and make sense of data because uncover insights buried in data
      • SAS Visual Analytics
        • Help to
          • Build reports that enable collaborative and engaging discussions that can drive deeper insights and better decisions
          • Reduce the number of tools that should be used and the number of systems that IT must maintain.
      • SAS Visual Statistics
        • provides
          • an interactive, intuitive, dragand-drop, web-browser interface for creating descriptive and predictive models on data of any size rapidly.
        • is designed for
          • statisticians, data scientists and business analysts who want to visually and instantly interact with and analyze complex data.
  4. GRID: FASTER PROCESSING

    • GRID
      • Helps to
        • organizations to create a managed, shared grid computing environment for processing large volumes of data and analytic programmes.
        • IT greater flexibility to meet service level commitments by easily reassigning computing resources to meet peak workloads or changing business demands
      • Example
        • SAS Grid Manager

Information

Description
Mind Map on Business Intelligence for Big Data Analytics, created by ESTEFANIA MONROY FLORES on 07/09/2021.
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