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What is Business Intelligence? - Pikom

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Analytics and Dec<strong>is</strong>ion Support Key Elements<br />

KPIs, Metrics, Measures - measures are standard unit<br />

of performance utilized to guide the tactical business<br />

dec<strong>is</strong>ions, these summarize into metrics which are<br />

relied upon for the operational business dec<strong>is</strong>ions and<br />

finally consolidated into the KPI which <strong>is</strong> relied upon to<br />

manage the strategic performance of an organization.<br />

Predictive Analytics – make insights more<br />

understandable and actionable via scenario analys<strong>is</strong>,<br />

data exploration, regression analys<strong>is</strong>, d<strong>is</strong>crete choice<br />

modeling, etc.<br />

Performanc<br />

e & R<strong>is</strong>k<br />

Analytics &<br />

Dec<strong>is</strong>ion<br />

Support<br />

Information<br />

Management<br />

Dashboards and Reporting – provide a real-time<br />

insight into operational and financial performance in<br />

order to facilitate timely, well-informed business<br />

dec<strong>is</strong>ion-making<br />

Data V<strong>is</strong>ualization – provides a mechan<strong>is</strong>m to<br />

communicate organizational information in a clear and<br />

an effective manner through graphical means<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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