Friday, November 10, 2017

MGT 300 - Chapter 8

 ACCESSING ORGANIZATIONAL INFORMATION - Data Warehouse

What is DATA WAREHOUSE?
- In the 1990's executives became less concerned with the day-to-day business operations and more concerned with overall business functions
- The Data warehouse provided the ability to support decision making without disrupting the day-to-day operations, because :
     ➤ Operational information is mainly current - does not include the history for better decision making 
     ➤ Issue of quality information
     ➤ Without information history, it is difficult to hell how and why things change over time

Data Warehouse Fundamentals
a) Data Warehouse - a logical collection of information - gathered form many different operational databases - that supports business analysis activities and decision-making tasks
b) The primary purpose of a data warehouse is to combined information throughout an organization into a single repository for decision-making purposes- data warehouse support only analytical processing
Data Warehouse Model
➤ Extraction, information and loading (ETL) - a process that extracts information from internal and external databases, transforms the information using a common set of enterprise definitions, and loads the information into a data warehouse
➤ Data warehouse - then send subsets of the information to data smart
➤ Data Mart - contains a subset of data warehouse information





Once a cube of information is created, users can begin to slice and dice the cube to drill down into the information.
Users can analyze information in a number of different ways and with number of a different dimensions.

MULTIDIMENSIONAL ANALYSIS AND DATA MINING

➤ Data mining - the process of analyzing data to extract information not offered by the raw data alone. also known as ''knowledge discovery'' - computer-assisted tools and techniques for sitting through and analyzing vast data stores in order to find trends, patterns, and correlations that can guide decisions making and increase understanding

To perform data mining users need data-mining tools
~ Data Mining Tool - uses a variety of techniques to find patterns and relationships in large volumes of information.

INFORMATION CLEANSING OR SCRUBBING

a) An organization must maintain high-quality data in the data warehouse 

b) Information cleansing and scrubbing - a process that weeds out and fixed or discards inconsistent, incorrect, or incomplete information
c) Occur during ETL process and second on the information once if is in the data warehouse.







BUSINESS INTELLIGENCE

Business Intelligence - refers to applications and technologies that are used to gather, provide access, analyze data, and information to support decision making effort.

➤ these systems will illustrate business intelligence in the intelligence in the areas of customer profiling, customer support, market research, market segmentation, product profitability, statistical analysis, and inventory and distribution analysis to name a few




















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