INTRODUCTION
In the fiercely increasing competition amongst corporations it has become mandatory to make quick and sound crucial business decisions based on analysis of business critical data. This is the point where SAP BW comes into play. BW Queries are the core of the reporting and analysis functionality in SAP BW. They provide a flexible [...]
From the category archives:
Business Intelligence – A Practitioner’s View
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
The Wisdom of Crowds is a book written by James Surowiecki and the tag line for the title reads as “Why the many are smarter than the few and how collective wisdom shapes business, economies, societies and nations”. In this book, the author argues that in any kind of problem solving / decision making scenarios, [...]
From my experience as a BI practitioner, one observation I have is that analytical systems are often built without a clear conceptual framework around the informational capability enabled by such systems. In my humble view, an orientation towards ‘thinking by business datasets’ and an artifact like the Business Dataset Bus Matrix (BDBM), illustrated in this [...]
Recently my work necessitated me look into the new features added in informatica 9.1, but I never thought the journey will take me to explore further on this and write a blogLet’s see how i traversed through different new aspects that are getting very much related to data management and Business Intelligence. First we will [...]
