SlideShare uma empresa Scribd logo
1 de 12
Baixar para ler offline
© Hexaware Technologies. All rights reserved.
www.hexaware.com
Hexaware Business Intelligence & Analytics Blogs Guide to
Actionable Intelligence Enabled
“A Practitioner’s View”“A Practitioner’s View”Latest Trends and Information on BI/ DW Technologies for 2012
TOC
· Trim Tabs in Business Intelligence
· 2012 Wish list for Data Integration
Platforms
· Managing Counterparty Risk with
Actionable BI Solutions
· Data Management, Information
Management and then Decision
management
· Business Intelligence and Analytics- The
Different Dimensions
© Hexaware Technologies. All rights reserved.
www.hexaware.com
1
5
9
13
17
Click Here
Click Here
Click Here
Click Here
Click Here
Click Here
What are Trim Tabs? – Trim tabs are small surfaces connected to the
trailing edge of a larger control surface on a boat or aircraft, used to
control the trim of the controls, i.e. to counteract hydro- or
aero-dynamic forces and stabilize the boat or aircraft in a particular
desired altitude without the need for the operator to constantly apply a
control force. This is done by adjusting the angle of the tab relative to
the larger surface.
As a metaphor, Trim Tabs are used to denote tiny components, which
nevertheless have a great impact on things that they are attached to.
This blog post is about the relevance of this metaphor to BI in
enterprises.
Business Intelligence practitioners acknowledge the fact that BI &
Analytics in any organization is a journey, an evolution over a period of
time. The canvas for BI is extensive and spans the business
technology continuum.
Given that BI can add value in many areas of an organization and there
are many solutions possible in each of those areas, it is important to
Trim Tabs in
Business
Intelligence
© Hexaware Technologies. All rights reserved.
www.hexaware.com
1 2 >
>
identify the BI ‘Trim Tabs’, i.e. those small areas that can provide the
maximum value for invested money. In one of my earlier blogs, I had
talked about the concept of “analytics anchor points” – Business
processes that should be considered first for optimization through
analytics.
Identifying the analytics anchor points in an organization is a non-trivial
exercise. In my humble opinion, such a process should start with a
complete understanding of the organization’s ‘Business Model’.
Business Model is a set of assumptions about how an organization will
perform by creating value for all the players, on whom it depends,
including its customers. From BI perspective, once the practitioner
understands the business model of the company, many questions
gets answered:
1) What drives the company’s success and how BI can help?
2) Who are the stakeholders and what information are they looking
for?
3) What needs to be optimized and how it can be done?
4) What is the architectural blueprint and how will it evolve?
5) How fast should information get delivered?
6) How much data needs to be collated and how far into the past
should one go?
© Hexaware Technologies. All rights reserved.
www.hexaware.com
3 4
7) What are the regulatory requirements for the company?
And many more. In essence, clarity on one aspect of the problem
(business model) will go a long way in selecting the analytics anchor
points (BI Trim Tabs) for that particular organization.
-by Karthikeyan Sankaran
Click Here
Click Here >5
2012 Wish list
for Data Integration
Platforms
Data Integration (DI) platforms like Informatica, DataStage, BODS,
ODI, SSIS and others are the backbone for a well designed Business
Intelligence application. DI platforms ensure that all the required data
are provisioned at the right time, with quality.
In the process of configuring and running DI platforms, we come
across few scenarios where DI platform needs to be extended with
tools/utilities. Some of these scenarios are like analysis of the
metadata captured by DI platform, integration with other applications
like helpdesk and others. These scenarios can be added as a product
feature to the DI platform.
Following are the features that Data Integration platform vendors
should consider introducing in the DI product.
• A feature which can provide a Network-like view to understand the
dependency between tables present in DI process components.
DI process components are ‘Jobs in DataStage’ or ‘mappings in
Informatica’. The Network view should enable us to drag a table
and focus on its dependency on other DI processes and tables
6
Click Here >
• Provide an interface to configure the default object names that
would be assigned to an object, like widget or transformation (as in
Informatica), or an object like stage (as in DataStage). The
configured name should be assigned when the icon is dragged
into the design interface by developer.
• Prebuilt integration with Helpdesk applications like Remedy to log
data errors and job failures as a ticket into the helpdesk system
• ‘Data Element Aware’: This feature should understand a column’s
data values like of ‘people name’ and then suggest checks and
validations that needs to be performed for such columns
• ‘Domain Data Aware’: This feature should understand the business
areas like Investment Bank, and have pre built data validation rules
to handle external data like Bloomberg
• Enable calculations like aggregation and metric derivation to be
interoperable with the semantic layer metadata of reporting tools.
For example if a Business Objects Universe is given as input to a
DI product, then the DI product should be able to suggest what
calculations in the Universe can be moved to the DI layer and the
suggested data structure to store the calculations
• Data Correction interface for analysts with the workflow feature to
look at the error data, correct, approve and re-process them back
into the target tables
© Hexaware Technologies. All rights reserved.
www.hexaware.com
7 8
• Design templates for scenarios like data archival or data cleanup
from large tables, for comparison of two data sets (data set can be
a table or file), auto data type conversion will be useful for migration
of data from one database to another database
Thanks for reading, let me know your thoughts on what are the other
features that you feel should be considered in a DI platform.
-by Muneeswara C Pandian
Click Here
Managing Counterparty
Risk with Actionable
BI Solutions
© Hexaware Technologies. All rights reserved.
www.hexaware.com
9
What is Counterparty risk?
Counterparty credit risk is traditionally defined as the risk that a
counterparty to a transaction fails to perform under its contractual
commitment for the variety of products that the Bank trades with the
counterparty such as forex instruments, letters of credits,
repossessions, derivatives, etc. Counterparty credit risk is an
inevitable component of capital markets trading businesses and
banking activities. The ability to measure, aggregate and monitor
counterparty credit risk ensures that bank’s external customers are
willing and able to honor their contractual commitments and credit
losses are minimized. Any changes to the credit quality and the
exposures should be regularly evaluated and communicated to the
senior management to make prudent credit decisions in their
investment portfolios and to reduce exposure to the deteriorating
counterparties.
Why is it important?
A counterparty credit rating reflects the best expectation of its
Probability of Default (PD) based on an analysis of its economic and
financial strength. In our experience it is typically assessed at the level
of senior unsecured creditor. Some of the banks and financial
institutions also consider country risk ratings and adjust the
counterparty rating based on this. This rating reflects a long term view
>10
Click Here >
The framework should also create a work flow to make manual
additions and changes to the counterparty and exposure information
easily. Also provide critical alerts for risk rating and exposure
downgrades and upgrades in the desired frequency.
Some of the common business benefits are
• Reduce your turn around time for consolidation of counterparty
reporting.
• Create a Master repository of counterparties, grouping, products,
exposures and risk factors.
• Get alerts for ratings, total exposure fluctuations beyond
thresholds.
• Monitor trends for dimensions mentioned above and faster
decision making.
Technical benefits are
• Pre-Built connectors across source systems using excel interfaces
• Prebuilt data models , Business metrics and scenarios
• Prebuilt data loaders
• Standard KPIs covered
• Prebuilt Reports and Dashboards
• Data and Report Centralization analytics.
-by Sheba Fernando
of the creditworthiness of the counterparty (i.e. through a credit cycle)
though suitable adjustments (normally downgrades) are made based
on the market data.
All trading counterparties are categorized into broad, high level
industry classes. These broad classifications are designed to identify
pools of counterparties with similar business environment, regulatory
requirements and common macro-economic risk drivers. This
segmentation helps in tracking credit quality across different portfolios
and setting portfolio limits.
What should you look for in a framework that captures all analytics
dimensions?
Counterparty risk analytics framework should provide automated
aggregation of data from various source systems that house the credit
and limit information for domestic and international counterparties.
Additionally this should enable automation of the agency ratings and
CDS swap spread data based on the information available.
The framework should help create a central risk database that stores
master data around counterparties, products, exposures and risk
factors. It should also provide an application to extract and manipulate
exposure & ratings data from underlying source system. MS Excel files
can be linked to load data into the historical risk database. This
database can be used to produce a set of reports and dashboards
that enables senior management to take critical decisions around
counterparties and their exposures.
© Hexaware Technologies. All rights reserved.
www.hexaware.com
11 12
Click Here >
Data Manageent,
Information Management
and then Decision Management
© Hexaware Technologies. All rights reserved.
www.hexaware.com
In the architectural set up of a Data Warehouse (or Business
Intelligence/BI) system, we can define two layers, they are
• Data Management and
• Information Management
Data Management performs the function of data collection from
Business Transaction systems, validation of data, integration of data
and provisioning the data for analysis and interpretation.
Information Management performs the function of deriving information
from the data stored in the Data Management layer and presenting
them as analytical reports and dashboards.
Decision Management is a new layer that gets added into a Data
Warehouse landscape acting as a connector between the Information
Management layer and the Business Transaction Systems.
To understand further on Decision Management, let us define what is
decision and types of decisions.
What is Decision?
Decision is defined as ‘a solution or direction provided to resolve a
problem’. A decision leads to an action and in a Business context
action invokes a business process. Some examples of decisions in a
business are
13 14
Click Here >
1. A manager initiating a training program for resources on observing
quality issues in deliverable
2. A store manager providing the discounted price for preferred
customers on observing lesser stock and faster movement of
products
3. An accountant sending an e-mail note to supplier on seeing a
repeated delay in delivery
What is Decision Management?
Managing the ‘data of decisions’. Being able to capture and
understand the decisions that have been taken is called Decision
Management.
What ‘Decisions’ can be Managed?
There are three types of Decisions, they are
• Strategic
• Tactical
• Operational
Strategic Decisions are made by Senior Management and CXO’s;
these are long term in nature and are dependent on the market
conditions. These are not covered by the Decision Management
Systems.
Tactical Decisions are made by Managers who work on predefined
target values set against a metric and have continuous monitoring
process over the metrics. Metrics are measures which define
performance of a business process like revenue per sales person.
The decisions here are based on how a metric is performing
against a target value. These decisions are covered by the
Decision Management Systems.
• With the increase in the regulatory requirements, enforcement on
data trail and auditing is becoming very vital for every decisions
being made in the business. In the future organizations will have
Decision Management as one of their key initiatives to address
regulatory requirements.
Current products in the market serving ‘Decision Management’ area
look at automation of the decision process and do not to define
process or tools to ‘capture and store the decisions’. To build an
effective Decision Management System, a repository of ‘Decisions’ is
very essential.
Thanks for reading, let me know your observations.
-by Muneeswara C Pandian
© Hexaware Technologies. All rights reserved.
www.hexaware.com
15 16
Click Here >
One of the most interesting aspects of Business Intelligence is the
fact that it has a wide canvas for the practitioners to paint their strokes.
We at Hexaware have made an attempt to draw a boundary around BI
to make sense of its different dimensions. The artifacts that have been
used in this exercise are mentioned below.
In BI & Analytics context, the technology stack has the following
components, viz.
• Industry Domain
• Business Process
• Data & Information Management
• Reporting & Dashboards, Performance Management, High-end
Analytics
• Information Delivery
Business Intelligence
and Analytics-
The Different
Dimensions
© Hexaware Technologies. All rights reserved.
www.hexaware.com
17 18
BUSINESS INTELLIGENCE STACK
Information Delivery
Performance
Management
Reporting &
Dash boarding
Analytics
(Forecasting, Predictive,
Optimization)
Data and Information Management
Business Process
Industry Domain
For more queries on our BI&A offerings please get in touch with
corporatemarketing@hexaware.com and
BIInnovations@hexaware.com
“Want to keep up with the industry's latest trends? Visit our blog on
BI http://blogs.hexaware.com/index/business-intelligence to hear
from our experts
Click Here >
Business Intelligence Stack
A prezi showing the components in each of the layers is accessible at
this link –http://bit.ly/pbzNiS
A more detailed view of the specific components is provided as a
Mindmap at this link – http://bit.ly/gEYGIR.
With this framework in place, Hexaware’sBusiness Intelligence &
Analytics practice is involved in developing many tools and
frameworks that can add significant value to enterprises. Please do
reach out to us for any queries. And thanks for reading.
Tagged as: Business Analytics, Business Intelligence – A Practitioner’s
View, Data & Information Management
© Hexaware Technologies. All rights reserved.
www.hexaware.com
19 20
BI – The Dimensions
Ecosystem
Mode of Delivery
Competencies
Product Vendors
Layers

Mais conteúdo relacionado

Mais procurados

Continuous Compliance-in-Sap-Environments
Continuous Compliance-in-Sap-EnvironmentsContinuous Compliance-in-Sap-Environments
Continuous Compliance-in-Sap-Environmentshappiestmindstech
 
Gp Installation Presentation
Gp Installation PresentationGp Installation Presentation
Gp Installation Presentationddauphin
 
Introduccion a SQL Server Master Data Services
Introduccion a SQL Server Master Data ServicesIntroduccion a SQL Server Master Data Services
Introduccion a SQL Server Master Data ServicesEduardo Castro
 
Governance, Risk, and Compliance Management: Realizing the Value of Cross-Ent...
Governance, Risk, and Compliance Management: Realizing the Value of Cross-Ent...Governance, Risk, and Compliance Management: Realizing the Value of Cross-Ent...
Governance, Risk, and Compliance Management: Realizing the Value of Cross-Ent...FindWhitePapers
 
Pivotal gem fire_wp_hardest-problems-data-management_053013
Pivotal gem fire_wp_hardest-problems-data-management_053013Pivotal gem fire_wp_hardest-problems-data-management_053013
Pivotal gem fire_wp_hardest-problems-data-management_053013EMC
 
Loan Origination and Portfolio Risk
Loan Origination and Portfolio RiskLoan Origination and Portfolio Risk
Loan Origination and Portfolio RiskDave DeBonis
 
Rethink Storage: Transform the Data Center with EMC ViPR Software-Defined Sto...
Rethink Storage: Transform the Data Center with EMC ViPR Software-Defined Sto...Rethink Storage: Transform the Data Center with EMC ViPR Software-Defined Sto...
Rethink Storage: Transform the Data Center with EMC ViPR Software-Defined Sto...EMC
 
Sql server 2012_licensing_reference_guide
Sql server 2012_licensing_reference_guideSql server 2012_licensing_reference_guide
Sql server 2012_licensing_reference_guideamenus006
 
Gssa datacenter solutions
Gssa datacenter solutionsGssa datacenter solutions
Gssa datacenter solutionsGss America
 
Hp smart cache technology c03641668
Hp smart cache technology c03641668Hp smart cache technology c03641668
Hp smart cache technology c03641668Paul Cao
 
Microsoft master data services mds overview
Microsoft master data services mds overviewMicrosoft master data services mds overview
Microsoft master data services mds overviewEugene Zozulya
 
Master Data Services - 2016 - Huntington Beach
Master Data Services - 2016 - Huntington BeachMaster Data Services - 2016 - Huntington Beach
Master Data Services - 2016 - Huntington BeachJeff Prom
 
Microsoft SQL Server 2012 Master Data Services
Microsoft SQL Server 2012 Master Data ServicesMicrosoft SQL Server 2012 Master Data Services
Microsoft SQL Server 2012 Master Data ServicesMark Ginnebaugh
 
Informatica Tutorial For Beginners | Informatica Powercenter Tutorial | Edureka
Informatica Tutorial For Beginners | Informatica Powercenter Tutorial | EdurekaInformatica Tutorial For Beginners | Informatica Powercenter Tutorial | Edureka
Informatica Tutorial For Beginners | Informatica Powercenter Tutorial | EdurekaEdureka!
 
Master Data Services - used for than just data
Master Data Services - used for than just dataMaster Data Services - used for than just data
Master Data Services - used for than just dataKenneth Michael Nielsen
 
Getting started with Master Data Services 2012
Getting started with Master Data Services 2012 Getting started with Master Data Services 2012
Getting started with Master Data Services 2012 Luis Figueroa
 
White Paper: Rethink Storage: Transform the Data Center with EMC ViPR Softwar...
White Paper: Rethink Storage: Transform the Data Center with EMC ViPR Softwar...White Paper: Rethink Storage: Transform the Data Center with EMC ViPR Softwar...
White Paper: Rethink Storage: Transform the Data Center with EMC ViPR Softwar...EMC
 

Mais procurados (19)

Continuous Compliance-in-Sap-Environments
Continuous Compliance-in-Sap-EnvironmentsContinuous Compliance-in-Sap-Environments
Continuous Compliance-in-Sap-Environments
 
Parallels
ParallelsParallels
Parallels
 
SAP BODS Designer PDF
SAP BODS Designer PDFSAP BODS Designer PDF
SAP BODS Designer PDF
 
Gp Installation Presentation
Gp Installation PresentationGp Installation Presentation
Gp Installation Presentation
 
Introduccion a SQL Server Master Data Services
Introduccion a SQL Server Master Data ServicesIntroduccion a SQL Server Master Data Services
Introduccion a SQL Server Master Data Services
 
Governance, Risk, and Compliance Management: Realizing the Value of Cross-Ent...
Governance, Risk, and Compliance Management: Realizing the Value of Cross-Ent...Governance, Risk, and Compliance Management: Realizing the Value of Cross-Ent...
Governance, Risk, and Compliance Management: Realizing the Value of Cross-Ent...
 
Pivotal gem fire_wp_hardest-problems-data-management_053013
Pivotal gem fire_wp_hardest-problems-data-management_053013Pivotal gem fire_wp_hardest-problems-data-management_053013
Pivotal gem fire_wp_hardest-problems-data-management_053013
 
Loan Origination and Portfolio Risk
Loan Origination and Portfolio RiskLoan Origination and Portfolio Risk
Loan Origination and Portfolio Risk
 
Rethink Storage: Transform the Data Center with EMC ViPR Software-Defined Sto...
Rethink Storage: Transform the Data Center with EMC ViPR Software-Defined Sto...Rethink Storage: Transform the Data Center with EMC ViPR Software-Defined Sto...
Rethink Storage: Transform the Data Center with EMC ViPR Software-Defined Sto...
 
Sql server 2012_licensing_reference_guide
Sql server 2012_licensing_reference_guideSql server 2012_licensing_reference_guide
Sql server 2012_licensing_reference_guide
 
Gssa datacenter solutions
Gssa datacenter solutionsGssa datacenter solutions
Gssa datacenter solutions
 
Hp smart cache technology c03641668
Hp smart cache technology c03641668Hp smart cache technology c03641668
Hp smart cache technology c03641668
 
Microsoft master data services mds overview
Microsoft master data services mds overviewMicrosoft master data services mds overview
Microsoft master data services mds overview
 
Master Data Services - 2016 - Huntington Beach
Master Data Services - 2016 - Huntington BeachMaster Data Services - 2016 - Huntington Beach
Master Data Services - 2016 - Huntington Beach
 
Microsoft SQL Server 2012 Master Data Services
Microsoft SQL Server 2012 Master Data ServicesMicrosoft SQL Server 2012 Master Data Services
Microsoft SQL Server 2012 Master Data Services
 
Informatica Tutorial For Beginners | Informatica Powercenter Tutorial | Edureka
Informatica Tutorial For Beginners | Informatica Powercenter Tutorial | EdurekaInformatica Tutorial For Beginners | Informatica Powercenter Tutorial | Edureka
Informatica Tutorial For Beginners | Informatica Powercenter Tutorial | Edureka
 
Master Data Services - used for than just data
Master Data Services - used for than just dataMaster Data Services - used for than just data
Master Data Services - used for than just data
 
Getting started with Master Data Services 2012
Getting started with Master Data Services 2012 Getting started with Master Data Services 2012
Getting started with Master Data Services 2012
 
White Paper: Rethink Storage: Transform the Data Center with EMC ViPR Softwar...
White Paper: Rethink Storage: Transform the Data Center with EMC ViPR Softwar...White Paper: Rethink Storage: Transform the Data Center with EMC ViPR Softwar...
White Paper: Rethink Storage: Transform the Data Center with EMC ViPR Softwar...
 

Semelhante a Ebookblogv2 120116015321-phpapp01

“A Practitioner’s View” on the latest trends and information on BI/ DW techno...
“A Practitioner’s View” on the latest trends and information on BI/ DW techno...“A Practitioner’s View” on the latest trends and information on BI/ DW techno...
“A Practitioner’s View” on the latest trends and information on BI/ DW techno...Hazelknight Media & Entertainment Pvt Ltd
 
Cognitivo - Tackling the enterprise data quality challenge
Cognitivo - Tackling the enterprise data quality challengeCognitivo - Tackling the enterprise data quality challenge
Cognitivo - Tackling the enterprise data quality challengeAlan Hsiao
 
White Paper-2-Mapping Manager-Bringing Agility To Business Intelligence
White Paper-2-Mapping Manager-Bringing Agility To Business IntelligenceWhite Paper-2-Mapping Manager-Bringing Agility To Business Intelligence
White Paper-2-Mapping Manager-Bringing Agility To Business IntelligenceAnalytixDataServices
 
BI Solution for Sales Analysis Optimization Delivered for Apollo Tyres - Tekm...
BI Solution for Sales Analysis Optimization Delivered for Apollo Tyres - Tekm...BI Solution for Sales Analysis Optimization Delivered for Apollo Tyres - Tekm...
BI Solution for Sales Analysis Optimization Delivered for Apollo Tyres - Tekm...Jenifer Robert
 
About Business Intelligence
About Business IntelligenceAbout Business Intelligence
About Business IntelligenceAshish Kargwal
 
System Analysis And Design_FinalPPT_NirmishaK
System Analysis And Design_FinalPPT_NirmishaKSystem Analysis And Design_FinalPPT_NirmishaK
System Analysis And Design_FinalPPT_NirmishaKShehla Ghori
 
Business Intelligence Challenges 2009
Business Intelligence Challenges 2009Business Intelligence Challenges 2009
Business Intelligence Challenges 2009Lonnell Branch
 
Turning your Excel Business Process Workflows into an Automated Business Inte...
Turning your Excel Business Process Workflows into an Automated Business Inte...Turning your Excel Business Process Workflows into an Automated Business Inte...
Turning your Excel Business Process Workflows into an Automated Business Inte...OAUGNJ
 
Data Science And Analytics Outsourcing – Vendors, Models, Steps by Ravi Kalak...
Data Science And Analytics Outsourcing – Vendors, Models, Steps by Ravi Kalak...Data Science And Analytics Outsourcing – Vendors, Models, Steps by Ravi Kalak...
Data Science And Analytics Outsourcing – Vendors, Models, Steps by Ravi Kalak...Tommy Toy
 
Preetam_Resume_Business Analyst
Preetam_Resume_Business AnalystPreetam_Resume_Business Analyst
Preetam_Resume_Business AnalystPreetam Sahu
 
Introducing Analytics Mash-ups
Introducing Analytics Mash-upsIntroducing Analytics Mash-ups
Introducing Analytics Mash-upsdreamforce2006
 
Automated Portfolio Intelligence
Automated Portfolio IntelligenceAutomated Portfolio Intelligence
Automated Portfolio IntelligenceAaron Wong
 
An Introduction to econsys
An Introduction to econsysAn Introduction to econsys
An Introduction to econsysAndrew Redfern
 
Dashboards Driving Decision Making - ui and me
Dashboards Driving Decision Making - ui and meDashboards Driving Decision Making - ui and me
Dashboards Driving Decision Making - ui and meMary Chant
 
Business Intelligence Module 2
Business Intelligence Module 2Business Intelligence Module 2
Business Intelligence Module 2Home
 
Complexities of Separating Data in an ERP Environment
Complexities of Separating Data in an ERP EnvironmentComplexities of Separating Data in an ERP Environment
Complexities of Separating Data in an ERP Environmenteprentise
 
lookingforwardwebinardeloitteworkdayanalyticsfinal-210524213844 (1).pdf
lookingforwardwebinardeloitteworkdayanalyticsfinal-210524213844 (1).pdflookingforwardwebinardeloitteworkdayanalyticsfinal-210524213844 (1).pdf
lookingforwardwebinardeloitteworkdayanalyticsfinal-210524213844 (1).pdfCharlesSantos684817
 
The CFO Guide to Data with Deloitte & Workday
The CFO Guide to Data with Deloitte & WorkdayThe CFO Guide to Data with Deloitte & Workday
The CFO Guide to Data with Deloitte & WorkdayWorkday, Inc.
 
Industrial Restructuration Avoiding the M&A Nightmare.
Industrial Restructuration Avoiding the M&A Nightmare.Industrial Restructuration Avoiding the M&A Nightmare.
Industrial Restructuration Avoiding the M&A Nightmare.Datonix.it
 

Semelhante a Ebookblogv2 120116015321-phpapp01 (20)

“A Practitioner’s View” on the latest trends and information on BI/ DW techno...
“A Practitioner’s View” on the latest trends and information on BI/ DW techno...“A Practitioner’s View” on the latest trends and information on BI/ DW techno...
“A Practitioner’s View” on the latest trends and information on BI/ DW techno...
 
Cognitivo - Tackling the enterprise data quality challenge
Cognitivo - Tackling the enterprise data quality challengeCognitivo - Tackling the enterprise data quality challenge
Cognitivo - Tackling the enterprise data quality challenge
 
White Paper-2-Mapping Manager-Bringing Agility To Business Intelligence
White Paper-2-Mapping Manager-Bringing Agility To Business IntelligenceWhite Paper-2-Mapping Manager-Bringing Agility To Business Intelligence
White Paper-2-Mapping Manager-Bringing Agility To Business Intelligence
 
BI Solution for Sales Analysis Optimization Delivered for Apollo Tyres - Tekm...
BI Solution for Sales Analysis Optimization Delivered for Apollo Tyres - Tekm...BI Solution for Sales Analysis Optimization Delivered for Apollo Tyres - Tekm...
BI Solution for Sales Analysis Optimization Delivered for Apollo Tyres - Tekm...
 
About Business Intelligence
About Business IntelligenceAbout Business Intelligence
About Business Intelligence
 
System Analysis And Design_FinalPPT_NirmishaK
System Analysis And Design_FinalPPT_NirmishaKSystem Analysis And Design_FinalPPT_NirmishaK
System Analysis And Design_FinalPPT_NirmishaK
 
Business Intelligence Challenges 2009
Business Intelligence Challenges 2009Business Intelligence Challenges 2009
Business Intelligence Challenges 2009
 
Turning your Excel Business Process Workflows into an Automated Business Inte...
Turning your Excel Business Process Workflows into an Automated Business Inte...Turning your Excel Business Process Workflows into an Automated Business Inte...
Turning your Excel Business Process Workflows into an Automated Business Inte...
 
Data Science And Analytics Outsourcing – Vendors, Models, Steps by Ravi Kalak...
Data Science And Analytics Outsourcing – Vendors, Models, Steps by Ravi Kalak...Data Science And Analytics Outsourcing – Vendors, Models, Steps by Ravi Kalak...
Data Science And Analytics Outsourcing – Vendors, Models, Steps by Ravi Kalak...
 
Business intelligence
Business intelligenceBusiness intelligence
Business intelligence
 
Preetam_Resume_Business Analyst
Preetam_Resume_Business AnalystPreetam_Resume_Business Analyst
Preetam_Resume_Business Analyst
 
Introducing Analytics Mash-ups
Introducing Analytics Mash-upsIntroducing Analytics Mash-ups
Introducing Analytics Mash-ups
 
Automated Portfolio Intelligence
Automated Portfolio IntelligenceAutomated Portfolio Intelligence
Automated Portfolio Intelligence
 
An Introduction to econsys
An Introduction to econsysAn Introduction to econsys
An Introduction to econsys
 
Dashboards Driving Decision Making - ui and me
Dashboards Driving Decision Making - ui and meDashboards Driving Decision Making - ui and me
Dashboards Driving Decision Making - ui and me
 
Business Intelligence Module 2
Business Intelligence Module 2Business Intelligence Module 2
Business Intelligence Module 2
 
Complexities of Separating Data in an ERP Environment
Complexities of Separating Data in an ERP EnvironmentComplexities of Separating Data in an ERP Environment
Complexities of Separating Data in an ERP Environment
 
lookingforwardwebinardeloitteworkdayanalyticsfinal-210524213844 (1).pdf
lookingforwardwebinardeloitteworkdayanalyticsfinal-210524213844 (1).pdflookingforwardwebinardeloitteworkdayanalyticsfinal-210524213844 (1).pdf
lookingforwardwebinardeloitteworkdayanalyticsfinal-210524213844 (1).pdf
 
The CFO Guide to Data with Deloitte & Workday
The CFO Guide to Data with Deloitte & WorkdayThe CFO Guide to Data with Deloitte & Workday
The CFO Guide to Data with Deloitte & Workday
 
Industrial Restructuration Avoiding the M&A Nightmare.
Industrial Restructuration Avoiding the M&A Nightmare.Industrial Restructuration Avoiding the M&A Nightmare.
Industrial Restructuration Avoiding the M&A Nightmare.
 

Mais de Shubhashish Biswas (13)

Wphab2bintgxs101707 090314225022-phpapp01
Wphab2bintgxs101707 090314225022-phpapp01Wphab2bintgxs101707 090314225022-phpapp01
Wphab2bintgxs101707 090314225022-phpapp01
 
W acto07
W acto07W acto07
W acto07
 
Risk mgmt-analysis-wp-326822
Risk mgmt-analysis-wp-326822Risk mgmt-analysis-wp-326822
Risk mgmt-analysis-wp-326822
 
Predictivemodelingwhitepaper
PredictivemodelingwhitepaperPredictivemodelingwhitepaper
Predictivemodelingwhitepaper
 
Predictivemodelingwhitepaper 2
Predictivemodelingwhitepaper 2Predictivemodelingwhitepaper 2
Predictivemodelingwhitepaper 2
 
Predictive analytics-white-paper
Predictive analytics-white-paperPredictive analytics-white-paper
Predictive analytics-white-paper
 
Predictive analytics 2025_br
Predictive analytics 2025_brPredictive analytics 2025_br
Predictive analytics 2025_br
 
Hurwitz sas victory_report
Hurwitz sas victory_reportHurwitz sas victory_report
Hurwitz sas victory_report
 
Dm
DmDm
Dm
 
Customer analytics for dummies
Customer analytics for dummiesCustomer analytics for dummies
Customer analytics for dummies
 
Big data-analytics-ebook
Big data-analytics-ebookBig data-analytics-ebook
Big data-analytics-ebook
 
1 kwyfvb
1 kwyfvb1 kwyfvb
1 kwyfvb
 
V imp analytics appli ed
V imp analytics appli edV imp analytics appli ed
V imp analytics appli ed
 

Último

08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking MenDelhi Call girls
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024Rafal Los
 
Developing An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of BrazilDeveloping An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of BrazilV3cube
 
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...Neo4j
 
Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Enterprise Knowledge
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Scriptwesley chun
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationSafe Software
 
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure serviceWhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure servicePooja Nehwal
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024The Digital Insurer
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking MenDelhi Call girls
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxKatpro Technologies
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024The Digital Insurer
 
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfThe Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfEnterprise Knowledge
 
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...gurkirankumar98700
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerThousandEyes
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationRadu Cotescu
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘RTylerCroy
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processorsdebabhi2
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024The Digital Insurer
 

Último (20)

08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 
Developing An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of BrazilDeveloping An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of Brazil
 
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
Neo4j - How KGs are shaping the future of Generative AI at AWS Summit London ...
 
Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...
 
Automating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps ScriptAutomating Google Workspace (GWS) & more with Apps Script
Automating Google Workspace (GWS) & more with Apps Script
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure serviceWhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
WhatsApp 9892124323 ✓Call Girls In Kalyan ( Mumbai ) secure service
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
 
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptxFactors to Consider When Choosing Accounts Payable Services Providers.pptx
Factors to Consider When Choosing Accounts Payable Services Providers.pptx
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024
 
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfThe Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
 
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
Kalyanpur ) Call Girls in Lucknow Finest Escorts Service 🍸 8923113531 🎰 Avail...
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organization
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024
 

Ebookblogv2 120116015321-phpapp01

  • 1. © Hexaware Technologies. All rights reserved. www.hexaware.com Hexaware Business Intelligence & Analytics Blogs Guide to Actionable Intelligence Enabled “A Practitioner’s View”“A Practitioner’s View”Latest Trends and Information on BI/ DW Technologies for 2012
  • 2. TOC · Trim Tabs in Business Intelligence · 2012 Wish list for Data Integration Platforms · Managing Counterparty Risk with Actionable BI Solutions · Data Management, Information Management and then Decision management · Business Intelligence and Analytics- The Different Dimensions © Hexaware Technologies. All rights reserved. www.hexaware.com 1 5 9 13 17 Click Here Click Here Click Here Click Here Click Here
  • 3. Click Here What are Trim Tabs? – Trim tabs are small surfaces connected to the trailing edge of a larger control surface on a boat or aircraft, used to control the trim of the controls, i.e. to counteract hydro- or aero-dynamic forces and stabilize the boat or aircraft in a particular desired altitude without the need for the operator to constantly apply a control force. This is done by adjusting the angle of the tab relative to the larger surface. As a metaphor, Trim Tabs are used to denote tiny components, which nevertheless have a great impact on things that they are attached to. This blog post is about the relevance of this metaphor to BI in enterprises. Business Intelligence practitioners acknowledge the fact that BI & Analytics in any organization is a journey, an evolution over a period of time. The canvas for BI is extensive and spans the business technology continuum. Given that BI can add value in many areas of an organization and there are many solutions possible in each of those areas, it is important to Trim Tabs in Business Intelligence © Hexaware Technologies. All rights reserved. www.hexaware.com 1 2 >
  • 4. > identify the BI ‘Trim Tabs’, i.e. those small areas that can provide the maximum value for invested money. In one of my earlier blogs, I had talked about the concept of “analytics anchor points” – Business processes that should be considered first for optimization through analytics. Identifying the analytics anchor points in an organization is a non-trivial exercise. In my humble opinion, such a process should start with a complete understanding of the organization’s ‘Business Model’. Business Model is a set of assumptions about how an organization will perform by creating value for all the players, on whom it depends, including its customers. From BI perspective, once the practitioner understands the business model of the company, many questions gets answered: 1) What drives the company’s success and how BI can help? 2) Who are the stakeholders and what information are they looking for? 3) What needs to be optimized and how it can be done? 4) What is the architectural blueprint and how will it evolve? 5) How fast should information get delivered? 6) How much data needs to be collated and how far into the past should one go? © Hexaware Technologies. All rights reserved. www.hexaware.com 3 4 7) What are the regulatory requirements for the company? And many more. In essence, clarity on one aspect of the problem (business model) will go a long way in selecting the analytics anchor points (BI Trim Tabs) for that particular organization. -by Karthikeyan Sankaran Click Here
  • 5. Click Here >5 2012 Wish list for Data Integration Platforms Data Integration (DI) platforms like Informatica, DataStage, BODS, ODI, SSIS and others are the backbone for a well designed Business Intelligence application. DI platforms ensure that all the required data are provisioned at the right time, with quality. In the process of configuring and running DI platforms, we come across few scenarios where DI platform needs to be extended with tools/utilities. Some of these scenarios are like analysis of the metadata captured by DI platform, integration with other applications like helpdesk and others. These scenarios can be added as a product feature to the DI platform. Following are the features that Data Integration platform vendors should consider introducing in the DI product. • A feature which can provide a Network-like view to understand the dependency between tables present in DI process components. DI process components are ‘Jobs in DataStage’ or ‘mappings in Informatica’. The Network view should enable us to drag a table and focus on its dependency on other DI processes and tables 6
  • 6. Click Here > • Provide an interface to configure the default object names that would be assigned to an object, like widget or transformation (as in Informatica), or an object like stage (as in DataStage). The configured name should be assigned when the icon is dragged into the design interface by developer. • Prebuilt integration with Helpdesk applications like Remedy to log data errors and job failures as a ticket into the helpdesk system • ‘Data Element Aware’: This feature should understand a column’s data values like of ‘people name’ and then suggest checks and validations that needs to be performed for such columns • ‘Domain Data Aware’: This feature should understand the business areas like Investment Bank, and have pre built data validation rules to handle external data like Bloomberg • Enable calculations like aggregation and metric derivation to be interoperable with the semantic layer metadata of reporting tools. For example if a Business Objects Universe is given as input to a DI product, then the DI product should be able to suggest what calculations in the Universe can be moved to the DI layer and the suggested data structure to store the calculations • Data Correction interface for analysts with the workflow feature to look at the error data, correct, approve and re-process them back into the target tables © Hexaware Technologies. All rights reserved. www.hexaware.com 7 8 • Design templates for scenarios like data archival or data cleanup from large tables, for comparison of two data sets (data set can be a table or file), auto data type conversion will be useful for migration of data from one database to another database Thanks for reading, let me know your thoughts on what are the other features that you feel should be considered in a DI platform. -by Muneeswara C Pandian
  • 7. Click Here Managing Counterparty Risk with Actionable BI Solutions © Hexaware Technologies. All rights reserved. www.hexaware.com 9 What is Counterparty risk? Counterparty credit risk is traditionally defined as the risk that a counterparty to a transaction fails to perform under its contractual commitment for the variety of products that the Bank trades with the counterparty such as forex instruments, letters of credits, repossessions, derivatives, etc. Counterparty credit risk is an inevitable component of capital markets trading businesses and banking activities. The ability to measure, aggregate and monitor counterparty credit risk ensures that bank’s external customers are willing and able to honor their contractual commitments and credit losses are minimized. Any changes to the credit quality and the exposures should be regularly evaluated and communicated to the senior management to make prudent credit decisions in their investment portfolios and to reduce exposure to the deteriorating counterparties. Why is it important? A counterparty credit rating reflects the best expectation of its Probability of Default (PD) based on an analysis of its economic and financial strength. In our experience it is typically assessed at the level of senior unsecured creditor. Some of the banks and financial institutions also consider country risk ratings and adjust the counterparty rating based on this. This rating reflects a long term view >10
  • 8. Click Here > The framework should also create a work flow to make manual additions and changes to the counterparty and exposure information easily. Also provide critical alerts for risk rating and exposure downgrades and upgrades in the desired frequency. Some of the common business benefits are • Reduce your turn around time for consolidation of counterparty reporting. • Create a Master repository of counterparties, grouping, products, exposures and risk factors. • Get alerts for ratings, total exposure fluctuations beyond thresholds. • Monitor trends for dimensions mentioned above and faster decision making. Technical benefits are • Pre-Built connectors across source systems using excel interfaces • Prebuilt data models , Business metrics and scenarios • Prebuilt data loaders • Standard KPIs covered • Prebuilt Reports and Dashboards • Data and Report Centralization analytics. -by Sheba Fernando of the creditworthiness of the counterparty (i.e. through a credit cycle) though suitable adjustments (normally downgrades) are made based on the market data. All trading counterparties are categorized into broad, high level industry classes. These broad classifications are designed to identify pools of counterparties with similar business environment, regulatory requirements and common macro-economic risk drivers. This segmentation helps in tracking credit quality across different portfolios and setting portfolio limits. What should you look for in a framework that captures all analytics dimensions? Counterparty risk analytics framework should provide automated aggregation of data from various source systems that house the credit and limit information for domestic and international counterparties. Additionally this should enable automation of the agency ratings and CDS swap spread data based on the information available. The framework should help create a central risk database that stores master data around counterparties, products, exposures and risk factors. It should also provide an application to extract and manipulate exposure & ratings data from underlying source system. MS Excel files can be linked to load data into the historical risk database. This database can be used to produce a set of reports and dashboards that enables senior management to take critical decisions around counterparties and their exposures. © Hexaware Technologies. All rights reserved. www.hexaware.com 11 12
  • 9. Click Here > Data Manageent, Information Management and then Decision Management © Hexaware Technologies. All rights reserved. www.hexaware.com In the architectural set up of a Data Warehouse (or Business Intelligence/BI) system, we can define two layers, they are • Data Management and • Information Management Data Management performs the function of data collection from Business Transaction systems, validation of data, integration of data and provisioning the data for analysis and interpretation. Information Management performs the function of deriving information from the data stored in the Data Management layer and presenting them as analytical reports and dashboards. Decision Management is a new layer that gets added into a Data Warehouse landscape acting as a connector between the Information Management layer and the Business Transaction Systems. To understand further on Decision Management, let us define what is decision and types of decisions. What is Decision? Decision is defined as ‘a solution or direction provided to resolve a problem’. A decision leads to an action and in a Business context action invokes a business process. Some examples of decisions in a business are 13 14
  • 10. Click Here > 1. A manager initiating a training program for resources on observing quality issues in deliverable 2. A store manager providing the discounted price for preferred customers on observing lesser stock and faster movement of products 3. An accountant sending an e-mail note to supplier on seeing a repeated delay in delivery What is Decision Management? Managing the ‘data of decisions’. Being able to capture and understand the decisions that have been taken is called Decision Management. What ‘Decisions’ can be Managed? There are three types of Decisions, they are • Strategic • Tactical • Operational Strategic Decisions are made by Senior Management and CXO’s; these are long term in nature and are dependent on the market conditions. These are not covered by the Decision Management Systems. Tactical Decisions are made by Managers who work on predefined target values set against a metric and have continuous monitoring process over the metrics. Metrics are measures which define performance of a business process like revenue per sales person. The decisions here are based on how a metric is performing against a target value. These decisions are covered by the Decision Management Systems. • With the increase in the regulatory requirements, enforcement on data trail and auditing is becoming very vital for every decisions being made in the business. In the future organizations will have Decision Management as one of their key initiatives to address regulatory requirements. Current products in the market serving ‘Decision Management’ area look at automation of the decision process and do not to define process or tools to ‘capture and store the decisions’. To build an effective Decision Management System, a repository of ‘Decisions’ is very essential. Thanks for reading, let me know your observations. -by Muneeswara C Pandian © Hexaware Technologies. All rights reserved. www.hexaware.com 15 16
  • 11. Click Here > One of the most interesting aspects of Business Intelligence is the fact that it has a wide canvas for the practitioners to paint their strokes. We at Hexaware have made an attempt to draw a boundary around BI to make sense of its different dimensions. The artifacts that have been used in this exercise are mentioned below. In BI & Analytics context, the technology stack has the following components, viz. • Industry Domain • Business Process • Data & Information Management • Reporting & Dashboards, Performance Management, High-end Analytics • Information Delivery Business Intelligence and Analytics- The Different Dimensions © Hexaware Technologies. All rights reserved. www.hexaware.com 17 18 BUSINESS INTELLIGENCE STACK Information Delivery Performance Management Reporting & Dash boarding Analytics (Forecasting, Predictive, Optimization) Data and Information Management Business Process Industry Domain
  • 12. For more queries on our BI&A offerings please get in touch with corporatemarketing@hexaware.com and BIInnovations@hexaware.com “Want to keep up with the industry's latest trends? Visit our blog on BI http://blogs.hexaware.com/index/business-intelligence to hear from our experts Click Here > Business Intelligence Stack A prezi showing the components in each of the layers is accessible at this link –http://bit.ly/pbzNiS A more detailed view of the specific components is provided as a Mindmap at this link – http://bit.ly/gEYGIR. With this framework in place, Hexaware’sBusiness Intelligence & Analytics practice is involved in developing many tools and frameworks that can add significant value to enterprises. Please do reach out to us for any queries. And thanks for reading. Tagged as: Business Analytics, Business Intelligence – A Practitioner’s View, Data & Information Management © Hexaware Technologies. All rights reserved. www.hexaware.com 19 20 BI – The Dimensions Ecosystem Mode of Delivery Competencies Product Vendors Layers