1. Create a
table of comparisons for operational data, data warehouse, and data mart.
2. Describe
the purpose of 3 tools and explain how it works. Include the advantages and
disadvantages.
3. Research
the role of business processes within an organisation and their function at
different levels.
Comparisons of Operational
Data, Data Warehouse and Data Mart
|
||
Operational
Data
|
Data
Mart
|
Data
Warehouse
|
-The data that
is been collected and analyze everyday
-Day-to-day operation - overall but one day only (combination of any departments) |
- Data
is from database
-The
information that they have is specific from one department saja
- Data in a department - for a day only, a week, a month but for specific department only (categories) |
- Accurate
and appropriate data is being collected
- Data
is being collected from different data mart
- Organization system use to analyze data - contains different information from data mart |
3
tools
Visualization
Sisense
MicroStrategy
Visualizations
Purpose
When the
information is being presented, it makes the information easy to understand
even for those people who are ot used to analyze data.
How
it works
The
visualization software pulls in data from these sources and applies a graphic
type to the data.
Data visualization software allows the user to select the best way of
presenting the data, but, increasingly, software automates this step. Some
tools automatically interpret the shape of the data and detect correlations
between certain variables and then place these discoveries into the chart type
that the software determines is optimal.
Typically, data visualization software has a dashboard component that
allows users to pull multiple visualizations of analyses into a single
interface, generally a web portal.
Advantages of visualization
1 - Rapid Identification of Latest Trends
In this age, the volume of data that companies are able to gather about
customers and market conditions can provide business leaders with insights into
new revenue and business opportunities, presuming they can spot the
opportunities in the mountain of data. Using data visualization, decision
makers are able to grasp shifts in customer behaviors and market conditions
across multiple data sets much more quickly
2 - Direct Interaction with Data
Data Visualization also helps the companies to manipulate and interact
with their data in a direct manner. One of the greatest strengths of data
visualization is how it brings actionable insights to the surface. Unlike
one-dimensional tables and charts that can only be viewed, data visualization
tools enable users to interact with data.
3 - Predictive Sales Analysis
With the help of real-time data-visualization, sales executives can
carry out advanced predictive analytics for their sales figures, viewing
up-to-date sales figures and see why certain products are underperforming and
the reasons that sales are lagging. For example, discounts offered by
competitors may be one of those reasons.
Disadvantages
1 - Data
visualization tools show but they do not explain.
While data
visualizations can be generated in real-time, they do not provide any
explanations. In fact, the process through which companies draw insight has not
changed in the last 30 years. Analysts look at data and then write reports.
This process is too slow for the market and too costly for the company. At the
same time, data visualization tools expect the user to be an expert in all
of the data and all of the corporate best practices. Natural Language Generation (NLG) offers a solution adopted by many businesses.
NLG automatically writes narrative explaining the insights and the drivers
behind changes in the data.
2 - No
guidance
What if the user
interpreting the data lacks expertise and/or training? He or she could make
mistakes that may affect the entire company. At the same time, analysts could
provide clients with incorrect or substandard advice. Even systems with Natural
Language Query, expect the user to know what they are looking for. This works
with simple data but the industry trend is towards big data, data lakes and
complex analysis. It’s so complicated you might not even know what you don’t
know, to paraphrase an American Defense secretary. The answer is so simple that
its easy to miss. We don’t speak data, we speak English, so software that
explains the data to us in plain English. This is the value of Natural Language Generation software,
the last mile in the data analytics workflow.
3 - Data
visualization provides a false sense of security
Graphics are great
for conveying simple ideas fast – but sometimes, they are just not enough. If
words could be replaced by pictograms, they would have been a long time ago. To
express a complex situation, sentences and phrases are required along with a
system that is smart enough to articulate its reasoning process.
Importantly, language also makes sure the end user really understands. Graphics
can make users think they are making data driven decisions or think they fully
understand the data when in reality they are only seeing a picture but they
don’t know the full story.
Sisense
Purpose
- It enables
user to easily share their insights with their team members and clients.
Sisense
basically allows user to turn data into highly valuable insights and then share
them with colleagues, business partners, and clients via interactive dashboards.
- It enables
you to clean and consolidate data so you can explore and visualize it in a way
that brings you valuable insights into your business.
How
it works
It uses a
Crowd Accelerated BI technology which can manage hundreds of queries
simultaneously. Thus, Sisense allows users to collaborate in an accurate and
real-time environment which ensures you get precise outcomes.
Advantages
1 - Gather
all your information from all your sources and unify them into a single,
accessible repository.
2 - Produce
rich and intelligent analysis using robust visual reports without going through
the hassle of preparation.
3 - Easily
share your insights with your team, partners, and clients.
4 - Easy to
use interface allows non-techies to quickly adapt and get acquainted with the
system.
5 - Very
fast system as it maximizes the potential of 64-bit computer, multi-core CPUs
and parallelization capabilities.
Disadvantages
1 - Sisense
is a “heavy” application.
One of the
common things we hear from prospective leads is that Sisense was too “heavy”
for them. This is a statement on the power of server and the amount of space
and resources taken up by the application, but also the amount of time needed
for setup and configuration and user adoption. Many prefer Yurbi for its
simple install with a very easy operations and maintenance requirement.
And also the intuitiveness and simplicity of the Yurbi interface. Even
though Sisense has more features, Yurbi is easier for their business
users to adopt and all that is required.
2 - Sisense’s
dashboards only interact on the web.
The
dashboard works great for those with real-time web access, but to share a
flattened, less feature-rich version that can be embedded or printed can cause
a roadblock. Sisense doesn’t offer powerful scheduled reports that can be
sent via email so that users can consume reports outside of the online
dashboard. Sisense users have complained to us about the lack of ability to share
a report or offline dashboard via PDF with users outside of the Sisense system.
MicroStrategy
Purpose
To allows
user to drill anywhere in the entire relational database, all the way down to
transactional-level detail
How
it works
It supports
interactive dashboards,
scorecards, highly formatted reports, ad hoc query,
thresholds and alerts, and automated report distribution. Interfaces include
web, desktop (for developers) and Microsoft Office integration. MicroStrategy
Mobile also supports mobile BI.
Advantages
1 – A wide
range of visualization capabilities,
2- Provides
small smart companies the ability to create snapshots of reports, allowing
users to see how to change reports at over time.
Disadvantages
A
significant decline in micro-business intelligence strategy is also pricing.
Although it seems at first sight that the resolution of intelligence in small
business is competitive, you will quickly find that the addition of all
required units quickly raises the price to levels close to cognos and
companies.
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