This reflective essay explores the integration of components for handling unstructured and structured data in business intelligence. It discusses the benefits of data analytics, the use of BI tools, and the challenges and considerations in implementing BI systems.
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Business Intelligence 1 Reflective essay on Business Intelligence I strongly agreed with the author’s argument that integration of components for handling unstructured and structured data is beneficial for data analytics in any business. I learnt from (Baars & Kemper, 2008), that integration of unstructured data in a proper format to analysis and transformation. It providedintegration approaches that are necessary to collection of the unstructured data from different sources. I leant that transformation of unstructured data in a proper format, which is used to knowledge discovery. According to authors, it provided three approaches, which are as: 1.Collection of structured and unstructured data and presented it in integrated content 2.Analysis of content collections 3.Provide analysis results and analysis templates to desired persons for decision making I leant that all these approaches are best for decision-making and it has based on the data. Therefore, it provides better analysis and decision-making. Based on author’s point of view, it is necessary to take decisions for business based on the data. It is not possible for a human to manage lots of data and analysis it in a proper way. Therefore, data warehouse and data mining is used to provide help for business intelligence. It can provide better decision-making from organization point of view. It is a huge process and cost effective. However, cost of implementation of data warehouse and mining is beneficial for long- term success of organisation. In this article, it explains about the use of BI tools for data analysis, but I disagreed on some points, which are so important for an organisation, which are as: 1.Company need multiple BI applications for data analytics and it is required full integrated system 2.Availability may also be an issue in BI, as it require experts for managing their big data in a proper way. Otherwise it provide wrong results, which is directly affects the progress of an organization.
Business Intelligence 2 3.Rule and regulations are evolving for business intelligence and it may be affects from data breach. Therefore, it should have legal sanctions from government. 4.Implementation of cloud-based infrastructure for their BI application is required high cost. 5.Data security is questionable, as most of the organizations are having their 20 percent confidential data on cloud storages. 6.People can see different decisions from the analysis of same data. However, it is a simple process but it is most difficult to take a decision. I learnt that basic systems of an organization are used for data collections, such as CRM, ERP, and many others. According to(Chen, Chiang, & Storey, 2012), big data is highly used in Business Intelligence (BI). Itmakes strong impact on the decision-making in business processes of an organization. I leant about the multilayer framework, which is a best approach for extending business and take a proper decision based on the analysis reports and analysis templates. Business intelligence is a new concept of business that includes technology for Online Analytical Processing (OLAP). I strongly agree with this architecture that data warehouse and data mining is used for business intelligence. It is a proper way to use technology for management of the business based on the data(Zeng, Li, & Duan, 2012). According to(Hočevar & Jaklič, 2010), BI is an important part of a business because of its benefits. It provides many benefits to organization in terms of growth, revenue, performance, and many others. BI is highly is used in the business processes to make different capabilities for organization(Isik, , Jones, & Sidorova, 2013). I learnt that business intelligence tools have used for complex analysis of integrated data and it generates different reports based on the requirements of the business analyst and data analyst. There is an important role of data in decision-making, but it requires a proper structure to analysis of that data. Decision-making process is required proper data. Therefore, it is necessary that data is in proper format and collected from reliable sources. There are many business processes, which are highly sensitive and cost effective, such as share marketing, sales,
Business Intelligence 3 purchasing, and many others. According to(Laney, 2012), there are many reasons to adopt business intelligence in business processes, as it provides many benefits to an organization (Sabherwal & Becerra-Fernandez, 2012). References Chen, H., Chiang, R., & Storey, V. (2012).Business intelligence and analytics: from big data to big impact.London: MIS quarterly. Hočevar, B., & Jaklič, J. (2010). Assessing benefits of business intelligence systems–a case study.Management: journal of contemporary management issues, 15(1), 87-119. Isik, , O., Jones, M. C., & Sidorova, A. (2013). Business intelligence success: The roles of BI capabilities and decision environments.Information & Management, 50(1), 13-23. Laney, D. (2012, February 1).Ten Reasons to Reach Beyond Basic Business Intelligence. Retrieved from www.gartner.com: https://www.gartner.com/doc/1911314/reasons-reach- basic-business-intelligence Mentz, J., Jooste, C., & Van Biljon, J. (2014). Usability evaluation for Business Intelligence applications: a user support perspective .South African Computer Journal, 32-44. Obeidat, M., North, M., Richardson, R., & Rattanak, I. (2015). Business intelligence technology, applications, and trends.International Management Review, 11(2), 47-56. Sabherwal, R., & Becerra-Fernandez, I. (2012).Business Intelligence: Practices, Technologies and Management.John Wiley & Sons, Inc. Turban, E., Sharda, R., & Delen, D. (2010). Decision Support and Business Intelligence Systems .Google Scholar.
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Business Intelligence 4 Vercellis, C. (2011).Business intelligence: data mining and optimization for decision making. New Jersy: John Wiley & Sons. Zeng, L., Li, L., & Duan, L. (2012). Business intelligence in enterprise computing environment. Information Technology and Management, 13(4), 297-310.