Business Intelligence Analysis and Tools Quiz
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Questions and Answers

Producing data-driven insights that can guide decision-making is an essential part of ______ and business intelligence.

data warehousing

Data warehousing and business intelligence tools have become the standard for many business operations in a data-driven ______.

economy

More data is being collected and used by organizations than ever before, and those are the organizations at the ______ of their industries.

cutting edge

To build an Enterprise Data Warehouse, the Business Users will need to determine the reports they want to derive from their ______.

<p>data sources</p> Signup and view all the answers

The Business Users will then convene with the IT Team to iron out the technical requirements (Blueprinting) including providing information on business processes and where the data can be ______.

<p>obtained</p> Signup and view all the answers

Once the IT Team has worked out the actual requirements needed by the Business Users, it is time to implement the EDW to those ______.

<p>specifications</p> Signup and view all the answers

Testing will follow for data accuracy with the help of the Business Users. Reporting Tools Data Visualization Reporting Tools Representing Data with ______.

<p>Charts</p> Signup and view all the answers

Data Sources: ERP Systems Other Databases Flat Files Enterprise Data ______.

<p>Warehouse</p> Signup and view all the answers

This could take a few days to a few ______.

<p>weeks</p> Signup and view all the answers

Wrapping Up on Data Warehousing and Business Intelligence. This is partially because more data is being collected and used by organizations than ______ before.

<p>ever</p> Signup and view all the answers

Study Notes

What is Data?

  • Data refers to the information collected and stored from multiple sources, used for analytics and business decision-making.

Data Warehousing

  • Data warehousing is the process of transferring and storing data from multiple sources into a single repository known as a data warehouse.
  • The data warehouse acts as a central data bank for analytics through business intelligence tools.

How Data Warehousing Works

  • Identify data sources across different departments in the organization.
  • Conduct an audit of current reporting strategies to determine which data to source.
  • Funnel data into the data warehouse using the "extract, transform, load" (ETL) process.

ETL Process

  • Extract data from multiple sources to a "staging area" in raw form.
  • Process the raw data to ensure quality and consistency across all databases.
  • Load the transformed data into the data warehouse.

Data Processing

  • Filter, organize, and clean up data for analytical purposes.
  • Remove duplicate data, unusable data, and other unnecessary information.

Business Intelligence

  • Use business intelligence tools to analyze data in the data warehouse.
  • Produce deeper insights from the data to guide business decisions.
  • Translate large data pools into digestible and actionable information.

End User Access

  • Deliver insights and reports to end users in a way that is digestible and actionable.
  • Use visualization functions to enable less technical users to apply insights in decision-making.

Building an Enterprise Data Warehouse

  • Determine reports required by business users.
  • Convene with the IT team to blueprint technical requirements.
  • Implement the EDW to specifications.
  • Test for data accuracy with business user input.

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Test your knowledge on how data warehouses are used for analysis with business intelligence tools to produce actionable insights for decision-making.

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