Role Of Business Intelligence On Business Performance...

Yan shi, Xiangjun (June/2012), ‘The Role of Business Intelligence in Business Performance Management’, Volume 1(Issue 04) Summary: These paper focusses on how to apply analytics to business process and how BPM encompasses a closed loop set of processes that link strategy to execution in order to optimize business performance, which is achieved by setting goals and objectives and establishing initiatives and plans to achieve those goals and the last taking corrective action against the situations. Critique: A real time system that alerts managers to potential opportunities, impending problems and threats, and then empowers them to react through models and collaboration. BPM and BI Compared: BPM is an outgrowth of BI and incorporates†¦show more content†¦Business activity monitoring: Executives fail to consider the readiness of technology or of the business processes they want to monitor. Effective business activity requires working closely with the business units to identify the key indicators and analytical techniques that provide reliable early warning of impending issues. Hugh J. Watson and Barbara H.Wixom (2007), ‘The Current state of business Intelligence’, Volume 40 (Issue 9) Summary: Business intelligence (BI) is presently broadly utilised, especially in the world of practice, to describe analytic applications. BI is a process that includes two primary activities: getting data in and getting data out. Getting data in, traditionally referred to as data warehousing, includes moving information from a set of source frameworks into a coordinated data warehouse. Getting data in delivers limited value to an enterprise; only when users andShow MoreRelatedBusiness Intelligence Solutions : An Organization1574 Words   |  7 PagesBusiness intelligence solutions is a set of tools and techniques that are designed to transform the decision making process of an organization. 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