Q1. What is the difference between DELETE and TRUNCATE statements? DELETE TRUNCATE Delete command is used to delete a row in a table. Truncate is used to delete all the rows from a table. You can rollback data after using delete statement. You cannot rollback data. It is a DML command. It is a DDL command. It is slower…
Top 11 Business Intelligence Certifications Certified Business Intelligence Professional IBM Certified Designer: IBM Cognos Analytics Author V11 MCSA: BI Reporting MCSA: SQL 2016 BI Development MCSE: Data Management and Analytics Oracle Business Intelligence Foundation Suite 11g Certified Implementation Specialist QlikView Business Analyst QlikView Data Architect SAP Certified Application Associate: Business Intelligence with SAP BW 7.4 & SAP BI 4.1…
1.Business Intelligence Analyst A BI analyst is responsible for drilling down into large sets of relevant data, including KPIs, that a business or organization uses in relation to the development of various processes, initiatives, and departments. A BI analyst assists in strategic thinking, and the discovery of new, valuable insights. What makes a good BI analyst? Let’s take a…
The Two Types of Decision-Making In Our Brain Chess prodigy Joshua Waitzkin writes about this distinction in The Art of Learning: A Journey in the Pursuit of Excellence. In his book, Waitzkin states that the best chess players are those that can take in the most information in a short span of time. They do so using the “fast thinking”…
If you ask a BI professional about the core of business intelligence concepts, they’re likely to break them down into specific segments or layers. However, for the purpose of this article, I will explain the 4 basic components within business intelligence. The data itself (raw data) The data warehouse Data access, analytics, and presentation Data dashboarding and reporting 1)…
What is business intelligence?
Business intelligence is a technological term that overlooks data, computing, and analytics within business operations. Much more than a specific “thing,” business intelligence is rather an umbrella term that covers the processes and methods of collecting, storing, and analyzing data from business operations or activities to optimize performance. All of these things come together to create a comprehensive view of a business to help people make better, actionable decisions.
Examples of business intelligence:
Why is business intelligence important?
Simply put, business intelligence helps people make better business decisions by showing present and historical data within its business context. It offers performance benchmarks to make the business run smoother and more efficiently. It helps people spot market trends to increase sales or revenue. Used effectively, it can even help with compliance and hiring efforts. Just about any aspect of business can be improved through business intelligence.
Digital transformation has created a massive influx of information and it’s not slowing down. Data is everywhere, all the time—and it is now deeply entrenched into business processes for organizations of all sizes. Now everybody expects to be able to access and use new information to inform day-to-day decisions and quench their business curiosity about new avenues to pursue.
Businesses have questions and goals. To answer these questions and track how they’re performing against these goals, they gather the necessary data, analyze it, and determine the actions they need to take to move the business forward.
How business intelligence can help businesses:
