SlideShare ist ein Scribd-Unternehmen logo
1 von 2
Downloaden Sie, um offline zu lesen
Business Focused Analytics – The Starting Point


Having been a Business Intelligence practitioner for the last 13 years, there has never been a more
exciting time to practice this art, as organizations increasingly realize that a well implemented BI &
Analytics system can provide great competitive advantage for them. This leads us to the question of –
‘What is a well implemented BI system?’ Let us follow the Q&A below.



Q: What is a well implemented BI system?

A: A well implemented BI system is one that is completely business focused.


Q: Well, that doesn’t make it any easier. How can we have BI that is completely business focused?

A: BI & Analytics becomes completely business focused when they have ‘business decisions’ as the
cornerstone of their implementation. The starting point to build / re-engineer a BI system is to identify
the business decisions taken by business stakeholders in their sphere of operations. Business decisions
can be operational in nature (taken on a daily basis) and/or strategic (taken more infrequently but they
tend to have a longer term impact). To reiterate, the starting point for BI is to catalog the business
decisions taken by business stakeholders and collect the artifacts that are currently used to take those
decisions.


Q: The starting point is fine – What are the other pieces?

A: The next step is to identify the metrics and key performance indicators that support decision making.
In other words, any metric identified should be unambiguously correlated to the decision taken with the
help of that metric and by whom. Next we need to identify the core datasets in the organization. Please
refer to my earlier blog post titled ‘Thinking by Datasets’ on this subject.


Q: What about the operational systems in the landscape? Aren’t they important?

A: Once we have documented the relationship between Business Decisions to Metrics to Datasets, we
need to focus on the transactional applications. The key focus items are:
Inventory of all Transactional Applications
        Identify the business process catered by these applications
        Identify the datasets generated as part of each of business process
        Next step is to drill-down into individual entities that make up each of the datasets
        Once the Facts & Dimensions are identified from the entities, sketch out the classic ‘Bus Matrix’
        which would form the basis for dimensional data modeling



Q: All this is good if we are building a BI system from scratch – How about existing BI systems?

A: For existing BI applications, the above mentioned process could be carried out as a health-check on
the BI landscape. The bottomline is that every single report / dashboard / any other analytical
component should have traceability into the metrics shown which should then link to the decisions
taken by business users. BI & Analytics exist to help organizations take better business decisions and
that defines its purpose & role in an enterprise IT landscape.

The answers mentioned above provide the high-level view of Hexaware’s approach to Business
Intelligence projects. We have worked with many organizations across industries and a business focused
analytical approach has provided good value for our customers.



Thanks for reading. Please do share your thoughts.

Weitere ähnliche Inhalte

Mehr von Hazelknight Media & Entertainment Pvt Ltd

“A Practitioner’s View” on the latest trends and information on BI/ DW techno...
“A Practitioner’s View” on the latest trends and information on BI/ DW techno...“A Practitioner’s View” on the latest trends and information on BI/ DW techno...
“A Practitioner’s View” on the latest trends and information on BI/ DW techno...Hazelknight Media & Entertainment Pvt Ltd
 
PeopleSoft HRMS eProfile eBenefits_How a global auto parts retailer got more ...
PeopleSoft HRMS eProfile eBenefits_How a global auto parts retailer got more ...PeopleSoft HRMS eProfile eBenefits_How a global auto parts retailer got more ...
PeopleSoft HRMS eProfile eBenefits_How a global auto parts retailer got more ...Hazelknight Media & Entertainment Pvt Ltd
 

Mehr von Hazelknight Media & Entertainment Pvt Ltd (20)

PeopleSoft HCM Leveraged for Global HR & Payroll Operations
PeopleSoft HCM Leveraged for Global HR & Payroll OperationsPeopleSoft HCM Leveraged for Global HR & Payroll Operations
PeopleSoft HCM Leveraged for Global HR & Payroll Operations
 
PeopleSoft 9.1 Upgrade for a Leading Beer Distributor & Retailer
PeopleSoft 9.1 Upgrade for a Leading Beer Distributor & RetailerPeopleSoft 9.1 Upgrade for a Leading Beer Distributor & Retailer
PeopleSoft 9.1 Upgrade for a Leading Beer Distributor & Retailer
 
PeopleSoft 9.1 Upgrade for a Leading Education Services Company
PeopleSoft 9.1 Upgrade for a Leading Education Services CompanyPeopleSoft 9.1 Upgrade for a Leading Education Services Company
PeopleSoft 9.1 Upgrade for a Leading Education Services Company
 
PeopleSoft 9.1 HRMS Upgrade
PeopleSoft 9.1 HRMS UpgradePeopleSoft 9.1 HRMS Upgrade
PeopleSoft 9.1 HRMS Upgrade
 
PeopleSoft 9.1 Upgrade
PeopleSoft 9.1 UpgradePeopleSoft 9.1 Upgrade
PeopleSoft 9.1 Upgrade
 
PeopleSoft FSCM & HCM 9.1 Upgrade
PeopleSoft FSCM & HCM 9.1 UpgradePeopleSoft FSCM & HCM 9.1 Upgrade
PeopleSoft FSCM & HCM 9.1 Upgrade
 
PeopleSoft HCM 9.1
PeopleSoft HCM 9.1PeopleSoft HCM 9.1
PeopleSoft HCM 9.1
 
PeopleSoft HRMS Upgrade
PeopleSoft HRMS UpgradePeopleSoft HRMS Upgrade
PeopleSoft HRMS Upgrade
 
PeopleSoft Asset Management Implementation
PeopleSoft Asset Management ImplementationPeopleSoft Asset Management Implementation
PeopleSoft Asset Management Implementation
 
BIG DATA – Beyond the Hype
BIG DATA – Beyond the HypeBIG DATA – Beyond the Hype
BIG DATA – Beyond the Hype
 
“A Practitioner’s View” on the latest trends and information on BI/ DW techno...
“A Practitioner’s View” on the latest trends and information on BI/ DW techno...“A Practitioner’s View” on the latest trends and information on BI/ DW techno...
“A Practitioner’s View” on the latest trends and information on BI/ DW techno...
 
Business Analytics for the Airline MRO Industry: An Analytics Master class
Business Analytics for the Airline MRO Industry: An Analytics Master classBusiness Analytics for the Airline MRO Industry: An Analytics Master class
Business Analytics for the Airline MRO Industry: An Analytics Master class
 
Customization and integration of e ticketing solution
Customization and integration of e ticketing solutionCustomization and integration of e ticketing solution
Customization and integration of e ticketing solution
 
PeopleSoft HRMS eProfile eBenefits_How a global auto parts retailer got more ...
PeopleSoft HRMS eProfile eBenefits_How a global auto parts retailer got more ...PeopleSoft HRMS eProfile eBenefits_How a global auto parts retailer got more ...
PeopleSoft HRMS eProfile eBenefits_How a global auto parts retailer got more ...
 
Leading na airline reduces costs through mro applications
Leading na airline reduces costs through mro applicationsLeading na airline reduces costs through mro applications
Leading na airline reduces costs through mro applications
 
Re engineering consultancy for legacy based flight operations system
Re engineering consultancy for legacy based flight operations systemRe engineering consultancy for legacy based flight operations system
Re engineering consultancy for legacy based flight operations system
 
Re engineering consultancy for legacy based flight operations system
Re engineering consultancy for legacy based flight operations systemRe engineering consultancy for legacy based flight operations system
Re engineering consultancy for legacy based flight operations system
 
Fusion middleware for people soft applications
Fusion middleware for people soft applicationsFusion middleware for people soft applications
Fusion middleware for people soft applications
 
Implementation of financials, discrete manufacturing, eam, scm and hrms
Implementation of financials, discrete manufacturing, eam, scm and hrmsImplementation of financials, discrete manufacturing, eam, scm and hrms
Implementation of financials, discrete manufacturing, eam, scm and hrms
 
Global automation equipment leader gains scalability through upgrades
Global automation equipment leader gains scalability through upgradesGlobal automation equipment leader gains scalability through upgrades
Global automation equipment leader gains scalability through upgrades
 

Kürzlich hochgeladen

Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Alan Dix
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking MenDelhi Call girls
 
Human Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsHuman Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsMark Billinghurst
 
How to Remove Document Management Hurdles with X-Docs?
How to Remove Document Management Hurdles with X-Docs?How to Remove Document Management Hurdles with X-Docs?
How to Remove Document Management Hurdles with X-Docs?XfilesPro
 
Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Allon Mureinik
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonetsnaman860154
 
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphSIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphNeo4j
 
Understanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitectureUnderstanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitecturePixlogix Infotech
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsMaria Levchenko
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024Rafal Los
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationRadu Cotescu
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Paola De la Torre
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking MenDelhi Call girls
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking MenDelhi Call girls
 
Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountPuma Security, LLC
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdfhans926745
 
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 3652toLead Limited
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsEnterprise Knowledge
 
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure serviceWhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure servicePooja Nehwal
 
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticsKotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticscarlostorres15106
 

Kürzlich hochgeladen (20)

Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
 
Human Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR SystemsHuman Factors of XR: Using Human Factors to Design XR Systems
Human Factors of XR: Using Human Factors to Design XR Systems
 
How to Remove Document Management Hurdles with X-Docs?
How to Remove Document Management Hurdles with X-Docs?How to Remove Document Management Hurdles with X-Docs?
How to Remove Document Management Hurdles with X-Docs?
 
Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)Injustice - Developers Among Us (SciFiDevCon 2024)
Injustice - Developers Among Us (SciFiDevCon 2024)
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonets
 
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge GraphSIEMENS: RAPUNZEL – A Tale About Knowledge Graph
SIEMENS: RAPUNZEL – A Tale About Knowledge Graph
 
Understanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitectureUnderstanding the Laravel MVC Architecture
Understanding the Laravel MVC Architecture
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed texts
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organization
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
 
Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path Mount
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
 
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure serviceWhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
 
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmaticsKotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
Kotlin Multiplatform & Compose Multiplatform - Starter kit for pragmatics
 

Business focused analytics the starting point

  • 1. Business Focused Analytics – The Starting Point Having been a Business Intelligence practitioner for the last 13 years, there has never been a more exciting time to practice this art, as organizations increasingly realize that a well implemented BI & Analytics system can provide great competitive advantage for them. This leads us to the question of – ‘What is a well implemented BI system?’ Let us follow the Q&A below. Q: What is a well implemented BI system? A: A well implemented BI system is one that is completely business focused. Q: Well, that doesn’t make it any easier. How can we have BI that is completely business focused? A: BI & Analytics becomes completely business focused when they have ‘business decisions’ as the cornerstone of their implementation. The starting point to build / re-engineer a BI system is to identify the business decisions taken by business stakeholders in their sphere of operations. Business decisions can be operational in nature (taken on a daily basis) and/or strategic (taken more infrequently but they tend to have a longer term impact). To reiterate, the starting point for BI is to catalog the business decisions taken by business stakeholders and collect the artifacts that are currently used to take those decisions. Q: The starting point is fine – What are the other pieces? A: The next step is to identify the metrics and key performance indicators that support decision making. In other words, any metric identified should be unambiguously correlated to the decision taken with the help of that metric and by whom. Next we need to identify the core datasets in the organization. Please refer to my earlier blog post titled ‘Thinking by Datasets’ on this subject. Q: What about the operational systems in the landscape? Aren’t they important? A: Once we have documented the relationship between Business Decisions to Metrics to Datasets, we need to focus on the transactional applications. The key focus items are:
  • 2. Inventory of all Transactional Applications Identify the business process catered by these applications Identify the datasets generated as part of each of business process Next step is to drill-down into individual entities that make up each of the datasets Once the Facts & Dimensions are identified from the entities, sketch out the classic ‘Bus Matrix’ which would form the basis for dimensional data modeling Q: All this is good if we are building a BI system from scratch – How about existing BI systems? A: For existing BI applications, the above mentioned process could be carried out as a health-check on the BI landscape. The bottomline is that every single report / dashboard / any other analytical component should have traceability into the metrics shown which should then link to the decisions taken by business users. BI & Analytics exist to help organizations take better business decisions and that defines its purpose & role in an enterprise IT landscape. The answers mentioned above provide the high-level view of Hexaware’s approach to Business Intelligence projects. We have worked with many organizations across industries and a business focused analytical approach has provided good value for our customers. Thanks for reading. Please do share your thoughts.