...TDWI BEST PRACTICES REPORT FIRST QUARTER 2007 PREDICTIVE ANALYTICS Extending the Value of Your Data Warehousing Investment By Wayne W. Eckerson Research Sponsors MicroStrategy, Inc. OutlookSoft Corporation SAS SPSS Sybase, Inc. Teradata, a division of NCR www.tdwi.org PREDICTIVE ANALYTICS Extending the Value of Your Data Warehousing Investment By Wayne W. Eckerson Table of Contents Research Methodology and Demographics . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 What Is Predictive Analytics? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 The Business Value of Predictive Analytics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Measuring Value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 How Do You Deliver Predictive Analytics? . . . . . . . . .. . . . . . . . . . . . . . . . . . . . 11 The Process of Predictive Modeling. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 1. Defining the Project. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 2. Exploring the Data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 3. Preparing the Data . . . . . . . . . . . . . . . . . ...
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...Bài giảng Phương pháp định lượng trong quản lý TS. Phạm Cảnh Huy Khoa Kinh tế và quản lý – ĐHBKHN Phương pháp định lượng trong quản lý- TS. Phạm Cảnh Huy 1 Nội dung Mục tiêu học phần: Phương pháp định lượng trong quản lý giúp cho học viên hiểu và vận dụng được các phương pháp định lượng trong việc ra các quyết định trong quản lý bằng việc ứng dụng những mô hình và các công cụ toán học. Ngoài ra còn cung cấp cho học viên những kỹ năng cần thiết để thực hiện các phân tích định lượng và đánh giá các kết quả từ phân tích định lượng. Thêm nữa môn học còn giúp học viên giải quyết được các bài toán thực tế nhờ công cụ Máy tính để có được một quyết định tốt nhất trong quản lý. Nội dung tóm tắt học phần: Cung cấp kiến thức cơ bản về phân tích định lượng, ứng dụng phân tích hồi qui trong các nghiên cứu định lượng, cùng những kiến thức cơ bản về lý thuyết toán tối ưu áp dụng trong hoạt động kinh doanh cũng như trong phân tích ra quyết định. Phương pháp định lượng trong quản lý- TS. Phạm Cảnh Huy 2 Nội dung Tài liệu tham khảo: Anderson Sweeney Williams, Study guide for Quantitative methods for business, Thomson South-Western 2001 Anderson Sweeney Williams, An introduction to Management Science, Quantitative Approaches to Decision Making, Thomson South-Western 2003 Frederick S.Hillier, Introduction to Operations Reasearch, McGraw-Hill 2001 Damodar N.Gujarati, Basic Econometrics, McGraw-Hill 2004 TS. Phạm Cảnh Huy, Bài giảng kinh tế lượng, Nhà xuất bản Đại...
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... CONTENTS Solving the problem * The consultation process * Research proposal * Preliminary scope * Human resources * Financial resources * Physical resources * External research assistance * Research location * Methods used for research * Sample size * Budget * Time frame * Client interview * Research plan * Objectives * Scope * Research methods * Type of data * Sources of data * Data gathering methods * Sampling * Processing methods * Feasibility Introduction: Coles Supermarkets is an Australian supermarket chain owned by Wesfarmers. It has 741 stores nationally, including 45 BI-LO Supermarkets that also stock Coles private label brands, and more than 100,000 employees. Coles was founded by George James (G.J.) Coles when what was called the "Coles Variety Store" opened on 9 April 1914 in Smith Street in the Melbourne suburb of Collingwood. Expansion to more stores occurred and the chain was regarded as leaders in providing value to Australian shoppers (G. J. Coles learned the retail trade working for his father's "Coles Store" business at Wilmot, Tasmania between 1910 and 1913). Coles' interest in food retailing was spurred in 1958 when it acquired 54 John Connell Dickins grocery stores. It then acquired the Beilby's chain in South Australia in 1959 and 265 Matthews Thompson grocery stores in New South Wales in...
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...Looking Beyond The Boundaries – A strategy to gain competitive advantage for the Coles Group of Australia By Aruna Kulatunga MGG9352 Management Processes and Systems. Semester 1, 2007 Looking Beyond The Boundaries – A strategy to gain competitive advantage for Coles Group Executive Summary The Coles Group of Australia has allowed its competitive advantage to slip away to rival Woolworth by failing to differentiate its core strategies and by failing to articulate well the strategies that could have been differentiated. In a bid to gain competitive advantage, this report suggests that the Coles Group should look beyond the company boundaries, extending its value chain to suppliers, partners and customers in a seamless manner, employ process like Total Quality Management and Business Process Reengineering in extending the value chain, bedded in a well structured change management programme and look towards globalisation and franchising along with such counter-intuitive, yet innovative, location strategies such as competitive clustering and saturation marketing to regain its competitive advantage. Page 2 23/10/07 Looking Beyond The Boundaries – A strategy to gain competitive advantage for Coles Group Introduction Strategy gurus Porter (1998, p. 2), Mintzberg (1994), Hamel (1998), Hamel and Prahalad, (1994) Champy and Nohria (1996) and Hammer (quoted in Champy and Nohria, (1996)) agree in principle that in order to meet business needs, specific actions need to be...
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...Responsible sourcing ............................................................10 Australia first ............................................................................ 12 Our sustainability ................................................................... 13 Our community ....................................................................... 14 Our 3 year performance summary ..................................17 Cover image: supplier to Coles for over 20 years, apple grower Harvey Giblett of Newton Brothers Orchards, located in Manjimup, Western Australia. About us Coles is a leading national food, liquor and convenience retailer in Australia. We employ more than 102,000 team members across our brands, which include Coles and Bi-Lo supermarkets, Coles Express, 1st Choice Liquor Superstore, Liquorland, Vintage Cellars and Spirit Hotels. Our goal What we want to achieve “To give the people of Australia a shop they trust, delivering quality, service and value.” Our values What we believe in Our customers come first – always! We support each other to get things done. Our circle for success Our ways of working Our six point plan to deliver our goal How we work together Lead effectively Act collectively Support consistently...
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...were dismissed at the notion of being able to work at local hospitals in the area. The financing of the BI Hospital derived from the Jewish communities donations. Millions of dollars were donated in order to create an upper class academic medical center that was known not only for the quality of its research and teaching but also for the quality of its care. As time went on capitalism showed its face by driving the local Boston hospital’s to want more market share in their geographic locations. A Dean of Harvard Business School by the name of John McArthur organized a session in which he proposed the Brigham Hospital merge with the Massachusetts General Hospital to create a new organization called Partners Healthcare System. None of the surrounding hospitals in the area were notified when the decision to go ahead with the plan was made. Not only was the merger established because of the growth of market share but the organization would be able to capture a bigger portion of the market and therefore have a greater influence on the insurance companies and the other payers. Negotiating insurance contracts is a very important asset and strategy to the success of the hospital financially. When word broke of the merger other local hospitals felt a need to respond by finding new partners themselves to obtain leverage on the insurance companies as well gain market share. BI started looking for hospital to merge with and found Deaconess to be the...
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...Analysis of the grocery industry Coles Supermarkets Australia October 2012 Analysis of the grocery industry Contents Glossary ..................................................................................................................................... i Executive Summary.................................................................................................................. iii 1 Introduction .................................................................................................................... 1 1.1 1.2 Project approach and objectives........................................................................................ 1 Report structure ............................................................................................................... 2 2 3 Coles – an overview ........................................................................................................ 3 Economic contribution of Coles ....................................................................................... 5 3.1 3.2 3.3 3.4 3.5 3.6 3.7 Modelling approach .......................................................................................................... 5 Direct economic contribution ............................................................................................ 6 Indirect economic contribution ......................................................................................... 6 Total economic contribution .......
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...going to explain the role of Mobile Business Intelligence in solving many issues of various organizations. This paper argues the mobile web services presented to customers do not match the user’s expectation due to a lack of interactivity between mobile and web. I am going to analyze the problems facing by customers by using Mobile BI. This paper identifies and analyzes the reports of the study of critical publications, articles; researchers had research about this topic and going to explain the role of Mobile BI in expanding the mobile technology in market. Through the development later I will explain what will be the benefits of organizations by using Mobile BI. Some measures and calculations of various organizations and enterprises will come in existence for gaining knowledge of usage of Mobile BI. Keywords: Mobile Business Intelligence, Organizations, Enterprises, Security, Information Technology, Performance. PURPOSE: Through the research of Mobile Business Intelligence, I go through the all topics for which many organizations are being benefited by using Mobile BI, The Purpose of my research is: * To explain the role of Mobile BI in expanding the mobile technology in market. * To study the performance of Mobile Business in...
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...7 Siete tendencias que cambiarán la Inteligencia de negocio tal y como la conocemos Índice Introducción Tendencia nº 1: Self-Service BI (Inteligencia de negocio de autoservicio) Tendencia nº 2: La BI se vuelve móvil Tendencia nº 3: Prestaciones colaborativas y sociales Tendencia nº 4: Inteligencia de negocio en la nube Tendencia nº 5: El código abierto toma el poder Tendencia nº 6: Big Data Tendencia nº 7: Percepción en tiempo real Conclusión Más información 3 4 5 6 7 8 9 10 11 11 Introducción Tras años de relativa estabilidad, el mundo de la Inteligencia de negocio está experimentando un cambio radical. Las antiguas reglas básicas ya no son aplicables, y las empresas no pueden dar por hecho que las estrategias de BI del pasado continúan siendo viables. Consideremos estos cambios fundamentales: • Las empresas se gestionan de forma diferente. En lugar de confiar en el instinto, las empresas actuales dan más importancia al procesamiento de números y a medir objetivamente el rendimiento. • Los usuarios consumen la información de forma diferente. La mayoría de las personas llevan años utilizando aplicaciones basadas en la Web para interactuar con sus datos personales y gestionarlos. Estas aplicaciones “concebidas para el consumidor” se basan en una experiencia intuitiva y altamente interactiva y en una capacidad de respuesta prácticamente instantánea. • Expectativas más exigentes. Las aplicaciones como MapQuest, Gmail y Facebook y las soluciones más especializadas...
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...BIS/219 Club It Part One Rolanda Wright Instructor: Erick Frick July 13, 2011 Introduction The Mission for Club It is to recognize the best house clubs around the World. Club It creates an atmosphere that is electrified with there multiple rooms. They are one the leed clubs around and they continue to flourish and compete with the bustling cities. They are known to have great entertainment, Djs, on-off events, promotional campaigns and the Best Bar and Clubs awards. The kind of information that Club It would need to pursue in a strategy for new competitors is to have a competitor analysis that can strategize the planning process. This analysis would understand the competition when it comes to the advantages and disadvantage in relative When it comes to the cost of leadership, there is a lot to think about and plan out; this isn’t an easy business to jump into a lot needs to be considered. Club It would need to ask how much it will be to start the business, also would need to consider the size, location, the target market and types and features of the business. There are three main sources of revenue when it comes to running a nightclub business: The admission sales, the food sales, and the beverage sales. Club It would need to consider how much they would want to invest in the marketing strategy. Most nightclubs use advertising and promotions to promote nightclub businesses by using radio stations, newspapers and sponsors, depending on the marketing...
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...Living in a technology savvy world Kristian Agnew BIS/220 University of Phoenix February 16, 2013 3% similarity index The world that we live in and the worlds that our grandparents lived in, are more than likely two completely different worlds. There once was a time when people knew who their neighbors were, children played outside for recreation, when a loved one was missed, a letter was written or a telephone call from a landline was made, and books were read the old fashioned way (in paper form). That world seems like it was centuries ago, but it was only a few decades previous. In today’s society, if you haven’t seen a loved one, they are just a skype call or Facebook status away. Almost everyone has an email address. Due to this, a stamp and letter seems more extinct by the day. We live in a world where we have access to books right at our fingertips via our smart phones or tablets and children prefer video games rather than going outside to play with their friends. The advances in information technology have played a key role in shaping the rights we have and much of our day-to-day activities. An example of this would be HIPAA or the Health Insurance Portability and Accountability Act that was established in 1996. Around this time, medical facilities, including hospitals, and private practices, started implementing the use of digital medical records. To limit the amount of personal information being disclosed to anyone other than the patient...
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...of both. Business intelligence (BI) is the set of techniques and tools for the transformation of raw data into meaningful and useful information for business analysis purposes. BI technologies are capable of handling large amounts of unstructured data to help identify, develop and otherwise create new strategic business opportunities. The goal of BI is to allow for the easy interpretation of these large volumes of data. Identifying new opportunities and implementing an effective strategy based on insights can provide businesses with a competitive market advantage and long-term stability sports : Not just fun and games The mathematical methods described in this case have been known for generations and used in business for dacades. U.S major league baseball and major league football each bring in annual revenue approaching 10 billion dollar. Millions of dollars are paid for superstars. One truism in sports is to pay top talent player top dollar, Howerver shelling out large amount of money for superstars may not be smart. The 2011 movie moneyball based on true story , which shows analytical methods to determine who the best player were, not by traditional measures but instead by measures that related more closely to winning games . This approach enabled the organization to assemble a team that won its division in 2002 and 2003. Well it tells analytical information improve your chances of making a decision . The SAS Enterprise BI Server helps the Korean online...
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...Management Support Systems XYZ Inc. (7 am – 8 am) Intro to BI – Business Intelligence is bringing the right information at the right time to the right people in the right format and is the framework for decision support. BI combines architecture, databases or data warehouses, analytical tools and applications. BI’s major objective is to enable easy access to data and provide business mangers with the ability to conduct analysis. BI helps to transform data, to information, to decisions and finally to action. (8am – 9am) Management Support Systems – Extends information retrieval to the end user with queries and analysis capabilities of the XYZ Inc.’s data. Decision-making tools are available to all functions of XYZ Inc. i. OLAP – Online Analytical Processing ii. CRM – Consumer Relationship Management iii. OLTP – Online Transaction Processing iv. ETL – Enterprise Resource Planning System (10am –11am) Data – Can be pulled in from each of the 5 main areas of XYZ Inc. Finance, Human Resources, Marketing, Accounting and Manufacturing will supply data to be input, cleansed and stored in a data warehouse. (11am – 12 pm) Storing Data – A database used for reporting analysis. The data stored in the warehouse is uploaded from operational systems. Information systems use the data from data warehouses / data marts. Lunch Break - (12pm-1pm) (1pm -2pm) Mining Data - The process through which previously undiscovered patterns in data were identified. Data...
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...Cloud Business Intelligence 1 Cloud Business Intelligence A Research Project Submitted as part of Final exam for BMGT531 By Praneeth Pabbaraju (ID # 111-00-3655) Naveen Veeramachaneni (ID # 111-00-2643) Narasimha Naidu Madireddy( ID # 110-00-4194) BMGT 531, Business Intelligence Spring 2012, Section 1260 Professor Paul Jaikaran University of Northern Virginia Cloud Business Intelligence 2 Business Intelligence: The term Business Intelligence was coined by Hans Peter Luhn of IBM wherein he describes the Business Intelligences as ability to find the interrelationships among the available data and guide the set of actions to reach the desired goal. What all an organization needs to be a leader in the market is information. Information can be available in large forms like web resources, text data, graphs and statistics. The more information a firm has the more powerful it is getting on. Firms need to assess the future market condition with the available previous and present data so as to be a leader. The major goal of Business Intelligence is to dwell in all the available information, refine it and organize it in such a way that right information is passed to right people through the right way. Now, data can be in vast amounts, of which some might be useful and some might not be useful. Business intelligence tools like reporting, online analytical processing, analytics, data mining, process mining, complex event processing, business performance management...
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...SYLLABUS BIS/220 Introduction to Computer Application and Systems Copyright ©2014 by University of Phoenix. All rights reserved. Course Description This course provides an overview of Business Information Systems. Students learn to apply Microsoft® Office tools including word processing, spreadsheet, database, and presentation software to accomplish business objectives. Other topics include uses of application software and the Internet for effective problem solving, exploration of relevant emerging technologies, and how information is used across different industries. Course Dates 35 days Faculty Information Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents (both located on your student website): • Academic Policies University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Get Ready for Class • Familiarize yourself with the textbooks used in this course. Course Materials All electronic materials are available on your student website. Week1 Information Systems and Word Processing Tools Tasks • Download the new and improved Phoenix Mobile app. • Review the Week One Student Guide. 7 days Objectives/Competencies 1...
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