Business Intelligence Flashcards

1
Q

BI

A

Business Intelligence

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2
Q

BA

A

Business Analytics

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3
Q

What is the difference in BI and BA?

A

Business Intelligence involves taking a thorough look at past, present and historic operations and collecting data

Business Analytics is about using the data to identify the current challenges and predicting future hardships and gearing business towards better productivity and a more stable future.

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4
Q

Cloud Data Warehouse

A

a database stored as a managed service in a public cloud and optimized for scalable BI and analytics

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5
Q

Four examples of Cloud Data Wearhouse vendors

A

Amazon RedShift, Snowflake, Google Big Query, or PostgreSQL

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6
Q

What is SQL

A

Structured Query Language. A language used to communicate with a database.

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7
Q

ETL

A

Extract, Transform and Load. ETL is a technology that automatically routes various streams of data into a one place for analysis.

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8
Q

Predictive Analytics

A

Predictive analytics encompasses a variety of statistical techniques from data mining, predictive modelling, and machine learning that analyze current and historical facts to make predictions about future or otherwise unknown events.

How to ask a Buyer - Are you looing for the ability to find patterns and trends within the data?

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9
Q

OLAP

A
  • online analytical processing is a computing method that enables users to easily and selectively extract and query data in order to analyze it from different points of view.

How we ask buyers? - Are you looking for the ability to “dig in” and “slice and dice” the data

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10
Q

Embedded analytics

A

Embedded analytics is the integration of analytical capabilities and data visualizations into another software application

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11
Q

What two questions must we ask if someone wants Embedded Analytics?

A
  1. What is the use case for the embedded? How is this going to be embedded?
  2. Are you considering using amazon web services (AWS) to host the applications?
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12
Q

Admin vs Basic Users

A

Admin- People creating reports and pulling data

Basic- People just viewing reports

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13
Q

Cloud Budget

A

Cloud at min $10K-$20k first year and scales up to six figures plus

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14
Q

On Premise Budget

A

On-premise at min $40k for licenses, setup, training + Additional fees of ~15% for annual maintenance and updates

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15
Q

What must we say if user count is above 100 EMPS

A

100+ users screen for avg prices of $100k+

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