ADI
SHANKARA CENTRE FOR BUSINESS INTELLIGENCE & ADVANCED COMPUTING
Contact:
R.
RAJARAM
H.
O. D.
Computer
Science
Ph:
0484 - 2463825
E-mail:
rajaram@adishankara.net
The
Need | The Solution | The
Partnership | Student Interaction
| Centre Co-ordination
| Industry Consultancy
In
this technology-driven era, Blue Chip companies are spending
substantial amounts of money on business intelligence technology,
as the demand for real-time reporting has become an important
way for IT Directors to improve the efficiency of the most significant
business processes.
The
annual growth for business intelligence software is expected
to remain high at about 7.5 per cent a year over the next five
years, while IDC research reports global spending to hit $12.05
billion.
In
a statement made by Gerry Cohen, Chief Executive at Business
Intelligence Specialist Information Builders says "Just
like CRM or ERP, business intelligence is becoming a category
and companies are now beginning to standardize on tools, and
they are also interested in selecting companies to provide their
standards."
In
India, various software companies and other establishments including
Banks & Telecommunication services have achieved high ROI
(Return of Investment) by deploying BI tools.
Customers
should possess good awareness of the new technology & tools
as well as deployment methodology. This typically involves the
following:
1.
Identifying key areas of business operations where BI can be
deployed.
2.
Selection of the right tools.
3.
Imparting training in advanced computing technology like
Data Mining, Data Warehouse, Neural Networks, Expert Systems
and other BI technologies.
4.
Analysing a set of sampled data (Sample Data Modelling).
5.
Providing enterprise wide implementation of BI solutions.