20 Questions
What is the primary purpose of a data warehouse?
To provide historical data for making better business decisions
What is the main goal of Business Intelligence (BI)?
To enable data-based decisions for gaining competitive advantage and improving operative performance
What is the main source for Business Intelligence (BI)?
Data warehouse with historical and current data
Which component in the BI framework allows real-time monitoring of business activities?
Data monitoring and alerting
What is the primary function of OLAP (Online Analytical Processing) tools in BI?
To provide multidimensional data analysis
When did business leaders begin to realize the value of historical data?
1980s
What is the term used to refer to 'concepts and methods to improve business decision making by using fact-based support systems'?
Business Intelligence (BI)
Which BI component is responsible for advising the user on building a reliable business data model?
Data analytics
What does a Business Intelligence (BI) system help decision makers to achieve?
Comprehensive knowledge of the business
What is the role of ETL (Data extraction, transformation, and loading) tools in the BI framework?
To collect, filter, integrate, and aggregate internal and external data
In the BI framework, which component is responsible for presenting data to the end user in a variety of meaningful and innovative ways?
Data visualization
What is the primary function of OLAP (Online Analytical Processing) tools in the BI framework?
Multidimensional data analysis
Which tool in the BI framework provides advanced visual analysis and techniques?
MS Analytics Services
What is the foundational component of a BI infrastructure that captures data from the production system?
Data warehouses (DW)
Which BI component allows real-time monitoring of business activities and placing alerts on given metrics?
Data monitoring and alerting
What was the primary factor that led to the realization of the value of historical data by business leaders in the 1980s?
The combination of historical data with current data for better decision making
What is the main function of a data warehouse in a business intelligence framework?
Storing and managing enterprise-wide historical data
What is the primary role of Business Intelligence (BI) systems for decision makers?
Defining and supporting business strategies
What is the source of data often collected in a data warehouse?
Current data from various enterprise departments or sites
What is the significance of ETL (Data extraction, transformation, and loading) tools in the BI framework?
Enabling the collection and transformation of data into the data warehouse
Learn about the history and evolution of data warehousing and business intelligence, and how organizations have recognized the value of historical data. Explore the process of collecting, storing, and processing operational data, as well as the concept of archiving old records.
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