scholarly journals Importance of Business Intelligence Solution on Decision-Making Process of Companies

2016 ◽  
pp. 86-86
Author(s):  
Serdar BİROĞUL ◽  
Hasan Berk GÜLTEKİN
Keyword(s):  
Decision Making ◽  
Business Intelligence ◽  
Decision Making Process

Implementation System of Business Intelligence System In The Company

2017 ◽  
Vol 1 (2) ◽  
Author(s):  
Abdul Hamid Arribathi ◽  
Maimunah Maimunah ◽  
Devi Nurfitriani
Keyword(s):  
Decision Making ◽  
Business Intelligence ◽  
Research Library ◽  
Decision Making Process ◽  
Intelligence System ◽  
Business Intelligence Systems

This study aims to determine the stages that must be implemented in building a Business Intelligence System structured and appropriate in building Business Intelligence Systems in an organization, and understand the important aspects that must be considered for investment development Business Intelligence System is increasing. Business must be based on the conditions and needs of the organization in achieving the desired goals. If these conditions occur, then the decision-making process will be better and more accurate. The purpose of this study is to determine the important aspects that must be understood and prepared in using the Business Intelligence System in an organization. The method used is the explanation as well as the research library of several books, articles and other literature.

Risks Evaluation and IT Audit Aspects of Business Intelligence Solutions

2010 ◽  
pp. 17-40
Author(s):  
Andrea Ko
Keyword(s):  
Decision Making ◽  
Risk Management ◽  
Information Systems ◽  
Business Intelligence ◽  
Decision Making Process ◽  
Future Trends ◽  
Security Risks ◽  
Business Intelligence Systems ◽  
Audit Approach ◽  
It Audit

Many organizations are struggling with a vast amount of data in order to gain valuable insights and get support in their decision-making process. Decision-making quality depends increasingly on information and the systems that deliver this information. These services are vulnerable and risky from security aspects, and they have to satisfy several requirements, like transparency, availability, accessibility, convenience, and compliance. IT environments are more and more complex and fragmented, which means additional security risks. Business intelligence solutions provide assistance in these complex business situations. Their main goal is to assist organizations to make better decisions. Better decisions means that these solutions support the management of risks, and they have a key role in raising revenue and in reducing cost. The objectives of this chapter are to give an overview of the business intelligence field and its future trends, to demonstrate the most important business intelligence solutions, meanwhile highlighting their risks, business continuity challenges, and IT audit issues. In spite of the fact that this chapter focuses on the business intelligence solutions and their specialities, risk management and the related IT audit approach can be applied for other categories of information systems. IT audit guidelines, best practices, and standards are presented as well, because they give effective tools in controlling process of business intelligence systems.

Pervasive Business Intelligence Platform to Support the Decision-Making Process in Waiting Lists

2021 ◽  
pp. 848-863
Author(s):  
Marisa Esteves ◽  
Filipe Miranda ◽  
António Abelha
Keyword(s):  
Decision Making ◽  
Real Time ◽  
Business Intelligence ◽  
Waiting Times ◽  
Waiting Lists ◽  
Decision Making Process ◽  
The North ◽  
Health Institutions ◽  
Private Network ◽  
The Web

In recent years, the increase of average waiting times in waiting lists is an issue that has been felt in health institutions. Thus, the implementation of new administrative measures to improve the management of these organizations may be required. Hereupon, the aim of this present work is to support the decision-making process in appointments and surgeries waiting lists in a hospital located in the north of Portugal, through a pervasive Business Intelligence platform that can be accessed anywhere and anytime by any device connected within the hospital's private network. By representing information that facilitate the analysis of information and knowledge extraction, the Web tool allows the identification in real-time of average waiting times outside the outlined patterns. Thereby, the developed platform permits their identification, enabling their further understanding in order to take the necessary measures. Thus, the main purpose is to enable the reduction of average waiting times through the analysis of information in order to, subsequently, ensure the satisfaction of patients.

scholarly journals Evaluation of application of new decision-making methods in selected companies: the use of business intelligence in practice

ACC Journal ◽  
2020 ◽  
Vol 26 (2) ◽  
pp. 29-40
Author(s):  
Petra Kašparová
Keyword(s):  
Decision Making ◽  
Data Analysis ◽  
Business Intelligence ◽  
Questionnaire Survey ◽  
Human Life ◽  
Utilization Rate ◽  
Decision Making Process ◽  
Short Introduction ◽  
Business Decision

Growing pressure on increasing decision-making speed in all spheres of human life is one of the basic phenomena of today. Immediately after the first wave of the coronavirus pandemic, we can consider the ability of making good decisions quickly as one of the most important aspects of our being. The main objective of this article is to find out the utilization rate of several basic decision-making approaches in selected companies with an emphasis on newly used methods such as data analysis and business intelligence tools. The first part of the article presents a short introduction of the decision-making process and an overview of hitherto known and used tools facilitating the whole procedure. The submitted study of available literature leads to the presentation of own classification of the most widely used decisionmaking methods. Based on a questionnaire survey, in the second section, the pilot research examines the involvement of five different groups of methods in business decision-making, such as intuition and previous experiences, consultation with colleagues, data analysis (historical), MCDM methods and consultation with experts. Afterwards, the most common obstacles that employees must face in introducing new tools have been identified. In general, the results show that time and the associated pressure on decision-making speed play a crucial role in the decision-making process.

scholarly journals Key success factors to business intelligence solution implementation

2017 ◽  
Vol 7 (1) ◽  
Author(s):  
José Manuel Villamarín García ◽  
Beatriz Helena Díaz Pinzón
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Business Intelligence ◽  
Success Factors ◽  
Organizational Outcomes ◽  
Decision Making Process ◽  
Research Results ◽  
Key Success Factors ◽  
Review Analysis ◽  
Improve Planning

Business intelligence (BI) solutions have been adopted within organizations as amean to achieve a more grounded decision making process that results in better organizational outcomes. Nowadays, about 70% to 80% of business intelligence implementation projects fail due to both technological and managerial issues. Multi-methodology proposed by Mingers (2006) was followed to develop the research in four phases: appreciation, where documental search wasconducted through a literature review; analysis, where hypothetical structures related with the key success factors were proposed; assessment, where key success factors were assessed along with experts; and action, where research results discussion was shown. As a result, 13 factors that affect the business intelligence solution’s success were identified. Those factors contributeto improve planning and implementation of business intelligence projects, accomplishing in a greater extent the purposes of these projects.

Risks Evaluation and IT Audit Aspects of Business Intelligence Solutions

2010 ◽  
pp. 1686-1709
Author(s):  
Andrea Ko
Keyword(s):  
Decision Making ◽  
Risk Management ◽  
Information Systems ◽  
Business Intelligence ◽  
Decision Making Process ◽  
Future Trends ◽  
Security Risks ◽  
Business Intelligence Systems ◽  
Audit Approach ◽  
It Audit

Many organizations are struggling with a vast amount of data in order to gain valuable insights and get support in their decision-making process. Decision-making quality depends increasingly on information and the systems that deliver this information. These services are vulnerable and risky from security aspects, and they have to satisfy several requirements, like transparency, availability, accessibility, convenience, and compliance. IT environments are more and more complex and fragmented, which means additional security risks. Business intelligence solutions provide assistance in these complex business situations. Their main goal is to assist organizations to make better decisions. Better decisions means that these solutions support the management of risks, and they have a key role in raising revenue and in reducing cost. The objectives of this chapter are to give an overview of the business intelligence field and its future trends, to demonstrate the most important business intelligence solutions, meanwhile highlighting their risks, business continuity challenges, and IT audit issues. In spite of the fact that this chapter focuses on the business intelligence solutions and their specialities, risk management and the related IT audit approach can be applied for other categories of information systems. IT audit guidelines, best practices, and standards are presented as well, because they give effective tools in controlling process of business intelligence systems.

scholarly journals Business Intelligence Systems in the Holistic Infrastructure Development Supporting Decision Making in Organisations

10.28945/3011 ◽  
2006 ◽  
Author(s):  
Celina Olszak ◽  
Ewa Ziemba
Keyword(s):  
Decision Making ◽  
Customer Service ◽  
Business Intelligence ◽  
Information Technologies ◽  
Information Sources ◽  
Business Practice ◽  
Decision Making Process ◽  
Infrastructure Development ◽  
Business Intelligence Systems

The paper aims at analysing Business Intelligence Systems (BI) in the context of opportunities for improving decision-making in a contemporary organisation. The authors - taking specifics of a decision-making process together with heterogeneity and dispersion of information sources into consideration - present Business Intelligence Systems as some holistic infrastructure of decisionmaking. It has been shown that the BI concept may contribute towards improving quality of decision-making in any organisation, better customer service and some increase in customers’ loyalty. The paper is focused on three fundamental components of the BI systems, i.e. key information technologies (including ETL tools and data warehouses), potential of key information technologies (OLAP techniques and data mining) and BI applications that support making different decisions in an organisation. A major part of the paper is devoted to discussing basic business analyses that are not only offered by the BI systems but also applied frequently in business practice.

scholarly journals Railway supply chain excellence through the mediator role of business intelligence: Knowledge management approach towards information system

2022 ◽  
Vol 10 (1) ◽  
pp. 125-136 ◽  
Author(s):  
Mailasan Jayakrishnan ◽  
Abdul Karim Mohamad ◽  
Mokhtar Mohd Yusof
Keyword(s):  
Decision Making ◽  
Information System ◽  
Knowledge Management ◽  
Supply Chain ◽  
Decision Support ◽  
Support System ◽  
Business Intelligence ◽  
Decision Making Process ◽  
Supply Chain Performance ◽  
Performance Diagnostics

The features of a holistic view in an organization create the data value of the Business Intelligence (BI) and Knowledge Management (KM) in viewing the big picture of organizational performance diagnostics framework. This research focuses on the specific features of railway supply chain performance in viewing the decision-making process and creating better knowledge formation. The intention of the study is to structure supplier performance using BI-KM framework development to determine holistic perspective factors. The outcomes indicate that BI and KM significantly increased the railway supply chain and significantly increased the information system. This BI-KM framework relates the current analytic characteristics in designing the railway supply chain towards information system in determining the strategic theme of the decision-making process of the decision support system together with system features, characteristics of data, the content of the themes, and the effect of the decision-making process and for executive strategic performance diagnostics tool that provides effective strategic decision making in supply chain performance. The quantitative research method uses SmartPLS software version 3.2.8 for empirical analysis through distributing survey questionnaires to 320 railway suppliers in Malaysia. Using a model-driven development framework, to measure the implementation success of the decision support system, the study is conducted in the railway supplier focusing on strategic management that helps to make the decision and facilitate the organizational success.

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