What is Business Intelligence? - Pikom

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Executives are focused on BI BI Helps Meet Requirements and Improve the Business Reliable enterprise reporting Regulatory compliance Improved effectiveness and efficiency Informed decision making BI Helps Identifies Opportunity and Quickly React to Market Trends New markets / revenue sources Cost savings Proactive planning Predictive analysis CIOs ranked BI as their number one technology priority in 2009. 1 “Over the next 24 months executives say they will focus on supplementing standard historical reporting of data with emerging approaches that convert information into scenarios and simulations that make insights easier to understand and act on.” 2 1. Gartner EXP 2009 Survey of CIOs 2. MIT Sloan Management Review : Findings from the 2010 New Intelligent Enterprise Global Executive Study and Research Project “Analytics: The New Path to Value © 2012 KPMG Business Advisory 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 International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in Malaysia. 5
But BI has not succeeded as promised 70% of companies employ metrics that lack statistical validity and reliability. 1 While 95% of companies forecast cash flows, only 14% of cash forecasts are accurate. 2 Your BI/DW solution may have you looking at the wrong information. According to Gartner, there are five root causes for the gap between BI’s expected value and realized results 2 . 1 2 3 4 5 A lack of coordination between IT and the business A lack of connection between BI tools and corporate strategy A lack of coordination between BI and business processes A lack of BI governance or, in some cases, too much governance A lack of skills in business users 1. “Coming Up Short on Non Financial Performance Measurement,” Ittner and Larcker, HBR 2. “Business intelligence not all it can be at most organizations, according to Gartner,” Jeff Kelly, SearchDataManagement.com, March 10, 2009. © 2012 KPMG Business Advisory 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 International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in Malaysia. 6
Page 1 and 2: Business Intelligence to Drive Busi
Page 3 and 4: Introduction to the Speakers BRADLE
Page 5: What is Business Intelligence? Busi
Page 9 and 10: And Top Drivers for Analytics Inves
Page 11 and 12: BI - More than Reporting There are
Page 13 and 14: Information Challenges, Pitfalls an
Page 15 and 16: Business Information Needs - Execut
Page 17 and 18: BI Success Factors Data • Define
Page 19 and 20: Different Approaches to Business In
Page 21 and 22: How does BI systems support Decisio
Page 23 and 24: Comparison of BI Approaches
Page 25 and 26: Comparing various Approaches for BI
Page 27 and 28: KPMG’s Integrated Approach to BI
Page 29 and 30: Performance and Risk Key Elements
Page 31 and 32: Our Enterprise BI Framework Our Bus
Page 33 and 34: Appendix

What is Business Intelligence? - Pikom

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