Tychon Solutions, Chennai What is BI? Intelligence - the ability to apprehend the interrelationships of presented facts in such a way as to guide action towards a desired goal. Business intelligence refers to the use of company data to facilitate decision-making by decision-makers, which means understanding current functioning and anticipating actions for well-informed steering of the enterprise. Data Information Tychon Solutions, Chennai Why BI? Without BI, companies are likely to
exceed budgets miss expectations improper usage of funds among various depts miss sales opportunity ignore profitable markets focus on less performing products and services neglect measurable metrics
Tychon Solutions, Chennai Why BI? Companies often find themselves in precarious position due to many factors such as Lacking insight to operational inefficiencies take longer to identify and address issues Lacking visibility across the enterprise difficult to coordinate activities across departments, divisions, partners, and customers Lacking depth of analysis miss seeing abnormal variances and understanding root causes that have material impact on earnings Tychon Solutions, Chennai Why BI? Without BI, Companies end up with . multiple versions of the truth misaligned action across the organization difficulty in prioritizing inability to perform in-depth analysis not knowing where to concentrate efforts inability to measure departmental performance unable to locate important information Tychon Solutions, Chennai BI for Banking Institutions Identify Objectives Increase Customer Base Increase Operational Efficiency Increase Customer Satisfaction Customer Behaviour Analysis Adherence to guidelines Staff Performance Analysis Increase Profitability
Tychon Solutions, Chennai BI for Banking Institutions Objectives Increase Customer Base Analysis by Geographical Area Industry By Category By Revenue By Profitability Demography Tychon Solutions, Chennai BI for Banking Institutions Objective - Increase Operational Efficiency Productivity Analysis No of transactions Target Vs Actual Inter-departmental delay analysis Time Spent Vs Profitability Analysis
Tychon Solutions, Chennai BI for Banking Inistitutions Objective Increase Customer Satisfaction Suggest alternate investment plans based on past allocation and performance Tychon Solutions, Chennai BI for Banking Institutions Objective - Adherence to Guidelines Locating Deviations Tracking money trails Tychon Solutions, Chennai BI for Banking Institutions Example Loan Performance Analysis by geographical area demographic segments industry type, company turnover, profitability, age of company amount of loan, period of loan, interest rate occupation, duration of occupation, designation salary range educational qualifications, marital status loan product features Tychon Solutions, Chennai How? Create Data warehouse -> DATAMART OLTP DB (Online Transaction Processing) ETL Extraction, Translation, Loading DATAMART (Historical Data Cubes) Tychon Solutions, Chennai Why not just OLTP? OLTP Database
Data warehouse Database Designed for real-time business operations Designed for analysis of business measures by categories and attributes Optimized for a common set of transactions, usually adding or retrieving a single row at a time per table Optimized for bulk loads and large, complex, unpredictable queries that access many rows per table Optimized for validation of incoming data during transactions; uses validation data tables Loaded with consistent, valid data; requires no real time validation Supports thousands of concurrent users Supports few concurrent users relative to OLTP Tychon Solutions, Chennai How? DATAMART Canned Reports, Charts OLAP Adhoc Reports, Charts PDA/Mobile Devices Excel Tychon Solutions, Chennai How ? Dashboards Define KPIs, dimensions, measures Metrics, charts, trends Data visualizations Reports OLAP Online Analytical Processing
Tychon Solutions, Chennai Tychons Methodology Understand your Business Study your Database Understand your Reporting needs Define KPIs (Key Performance Indicators) Design DATAMART Recommend appropriate Reporting tool Tychon Solutions, Chennai Tychons Deliverables ETL Process, Security Datamart Measures, Dimensions OLAP PDF, Excel, Devices Canned Reports Setup, Training Adhoc Reporting Views, Auto Refresh Dashboards Performance Monitoring, Assurance Support Tychon Solutions, Chennai Tychons Success Story Implemented BI Sales for Larson-Juhl, the largest photo frame manufacturer Designed the Data-model to handle 50 million sales records, 7 years data Designed and Developed ETL process Designed and Developed Various Sales Reports and OLAP tool. Used Webfocus BI Tool on their DB2 (AS/400) JD- Edwards Database. Tychon Solutions, Chennai Tychons Success Story How did Larson-Juhl get benefited?
Able to see historical product activity reports on the fly. Earlier they were depending on printed copies and saved xls for referring back to past Able to identify the product performance, do trend analysis, salesman performance analysis, gross margin analysis region wise, product wise, customer wise, time period wise Identify best and worst performers (product/customer/salesman/regions/locations) Access to latest sales information instantaneously instead of waiting for month-end reports Reclassify product groupings to perform What if? Analysis Empower sales force and management with DATA. Business Analysts can create their own easy adhoc drag and drop reports
Tychon Solutions, Chennai Your Gain Empowered Users Accurate Reporting Increased Sales Efficient Operations More Customer Satisfaction Better Returns Better Forecasting Tychon Solutions, Chennai Thank You Tychon Solutions, Chennai