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What is Business Intelligence? - Pikom

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Various flavors of <strong>Business</strong> <strong>Intelligence</strong><br />

Online Analytical Processing (OLAP): A data management<br />

method that allows the user to quickly analyze information that has<br />

been summarized into multidimensional views and hierarchies<br />

OLAP<br />

Advanced<br />

Analytics<br />

V<strong>is</strong>ualization<br />

Advanced Analytics: Solutions that help to research potential<br />

trends, to analyse the effects of certain dec<strong>is</strong>ions or events, or to<br />

evaluate the performance of a given tool or scenario<br />

V<strong>is</strong>ualization: Information organized in a narrative, graphic,<br />

tabular form, dashboard or web-based<br />

Data Mining<br />

<strong>Business</strong><br />

<strong>Intelligence</strong><br />

(BI)<br />

GIS<br />

Data Mining: Process of d<strong>is</strong>covering new patterns from large<br />

data sets involving methods at the intersection of artificial<br />

intelligence, machine learning, stat<strong>is</strong>tics and database systems<br />

Geographic Information System (GIS): System designed to<br />

capture, store, manipulate, analyze, manage, and present all types<br />

of geographically referenced data<br />

DSS EIS MIS<br />

Dec<strong>is</strong>ion Support System (DSS): A interactive system<br />

intended to help dec<strong>is</strong>ion makers compile useful information from a<br />

combination of raw data, documents, personal knowledge, or<br />

business models to identify ,solve problems and make dec<strong>is</strong>ions.<br />

Executive Information System (EIS): A single system that <strong>is</strong><br />

central to the organization and ensure that information can be<br />

shared across all functional levels and management hierarchy.<br />

Management Information System (MIS): A system intended to<br />

facilitate and support the information needed by senior executives<br />

by providing easy access to both internal and external information<br />

relevant to meeting the strategic goals of the organ<strong>is</strong>ation.<br />

© 2012 KPMG <strong>Business</strong> Adv<strong>is</strong>ory Sdn. Bhd., a company incorporated under the Malaysian Companies Act 1965 and a member firm of the KPMG network of independent member firms affiliated with KPMG<br />

International Cooperative (“KPMG International”), a Sw<strong>is</strong>s entity. All rights reserved. Printed in Malaysia.<br />

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