Business Intelligence (BI) Concepts
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Questions and Answers

What is a key component of BI?

  • Project management
  • Stakeholder management
  • Data governance
  • Data sources and integration (correct)
  • What are the four key elements of the BI ecosystem?

  • Data, systems, networks, and applications
  • Data, people, processes, and technologies (correct)
  • Hardware, software, networks, and databases
  • Infrastructure, applications, systems, and services
  • What is a category of BI tools based on their capabilities?

  • Cloud-based-SaaS BI software
  • Unified modeling language (UML)
  • Data warehousing tools
  • All of the above (correct)
  • What is the first step in the requirement-gathering process?

    <p>Identify internal and external stakeholders</p> Signup and view all the answers

    What is the purpose of classifying data in the four-step process to prevent data privacy and security issues?

    <p>To identify and classify data</p> Signup and view all the answers

    What is the last step in the requirement-gathering process?

    <p>Obtain sign-off from the stakeholders</p> Signup and view all the answers

    What is a technique used to prevent data privacy and security issues?

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

    What is the purpose of determining the data source in the four-step process to prevent data privacy and security issues?

    <p>To determine the data source and where the data gets used</p> Signup and view all the answers

    Study Notes

    Business Intelligence Components

    • Data sources and integration
    • Warehousing
    • Analytics tools
    • Reporting and visual tools
    • OLAP (Online Analytical Processing)
    • CPM (Corporate Performance Management)
    • Real-time BI

    BI Ecosystem

    • Four key elements: Data, people, processes, and technologies
    • All four elements should be considered when creating a business intelligence strategy

    BI Tool Categories

    • Unified modeling language (UML)
    • Extract, transform, load (ETL) tools
    • Data warehousing tools
    • Data preparation and cleaning tools
    • Visualization and dashboarding tools
    • Reporting and querying tools
    • Mobile BI software tools
    • Cloud-based-SaaS BI software
    • Spreadsheets

    Requirement-Gathering Process

    • Identify internal and external stakeholders
    • Identify objectives and KPIs, and build a roadmap
    • Meet stakeholders to understand requirements (functional and non-functional)
    • List assumptions, risks, and deliverables for the BI project
    • Obtain sign-off from stakeholders

    Data Privacy and Security

    • Four-step process to prevent data privacy and security issues
    • Identify and classify data
    • Determine the data source and where the data gets used
    • Understand who uses the data
    • Apply data privacy and security techniques (encryption, authentication, authorization, and anonymization)

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    Description

    This quiz covers key components of Business Intelligence including data sources, analytics tools, reporting, and real-time BI. It also explores the BI ecosystem and strategy development.

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