Business Intelligence Implementation and Trends (Module 11) - Min-Yuh Day

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Business Intelligence Trends 商業智慧趨勢 商業智慧導入與趨勢 (Business Intelligence Implementation and Trends) 1012BIT08 MIS MBA Mon 6, 7 (13:10-15:00) Q407 Min-Yuh Day 戴敏育 Assistant Professor 專任助理教授 Dept. of Information Management, Tamkang University 淡江大學 資訊管理學系 http://mail. tku.edu.tw/myday/ 2013-05-27 1

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課程大綱 (Syllabus) 週次 日期 內容(Subject/Topics) 1 102/02/18 商業智慧趨勢課程介紹 (Course Orientation for Business Intelligence Trends) 2 102/02/25 管理決策支援系統與商業智慧 (Management Decision Support System and Business Intelligence) 3 102/03/04 企業績效管理 (Business Performance Management) 4 102/03/11 資料倉儲 (Data Warehousing) 5 102/03/18 商業智慧的資料探勘 (Data Mining for Business Intelligence) 6 102/03/25 商業智慧的資料探勘 (Data Mining for Business Intelligence) 7 102/04/01 教學行政觀摩日 (Off-campus study) 8 102/04/08 個案分析一 (SAS EM 分群分析): Banking Segmentation (Cluster Analysis – KMeans using SAS EM) 9 102/04/15 個案分析二 (SAS EM 關連分析): Web Site Usage Associations ( Association Analysis using SAS EM) 2

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課程大綱 (Syllabus) 週次 日期 內容(Subject/Topics) 10 102/04/22 期中報告 (Midterm Presentation) 11 102/04/29 個案分析三 (SAS EM 決策樹、模型評估): Enrollment Management Case Study (Decision Tree, Model Evaluation using SAS EM) 12 102/05/06 個案分析四 (SAS EM 迴歸分析、類神經網路): Credit Risk Case Study (Regression Analysis, Artificial Neural Network using SAS EM) 13 102/05/13 文字探勘與網路探勘 (Text and Web Mining) 14 102/05/20 意見探勘與情感分析 (Opinion Mining and Sentiment Analysis) 15 102/05/27 商業智慧導入與趨勢 (Business Intelligence Implementation and Trends) 16 102/06/03 商業智慧導入與趨勢 (Business Intelligence Implementation and Trends) 17 102/06/10 期末報告1 (Term Project Presentation 1) 18 102/06/17 期末報告2 (Term Project Presentation 2) 3

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Outline • Business Intelligence Implementation • Business Intelligence Trends • Big Data, Big Analytics: Emerging Business Intelligence and Analytic Trends for Today's Businesses 4

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Business Intelligence Implementation CSFs Framework for Implementation of BI Systems Yeoh, W., & Koronios, A. (2010). Critical success factors for business intelligence systems. Journal of computer information systems, 50(3), 23. 6

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Critical Success Factors of Business Intelligence Implementation • Organizational dimension – Committed management support and sponsorship – Clear vision and well-established business case • Process dimension – Business-centric championship and balanced team composition – Business-driven and iterative development approach – User-oriented change management. • Technological dimension – Business-driven, scalable and flexible technical framework – Sustainable data quality and integrity Yeoh, W., & Koronios, A. (2010). Critical success factors for business intelligence systems. Journal of computer information systems, 50(3), 23. 7

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Business Intelligence Trends 1. Agile Information Management (IM) 2. Cloud Business Intelligence (BI) 3. Mobile Business Intelligence (BI) 4. Analytics 5. Big Data Source: http://www.businessspectator.com.au/article/2013/1/22/technology/five-business-intelligence-trends-2013 9

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Business Intelligence Trends: Computing and Service • Cloud Computing and Service • Mobile Computing and Service • Social Computing and Service 10

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Business Intelligence and Analytics • Business Intelligence 2.0 (BI 2.0) – Web Intelligence – Web Analytics – Web 2.0 – Social Networking and Microblogging sites • Data Trends – Big Data • Platform Technology Trends – Cloud computing platform Source: Lim, E. P., Chen, H., & Chen, G. (2013). Business Intelligence and Analytics: Research Directions. ACM Transactions on Management Information Systems (TMIS), 3(4), 17 11

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Business Intelligence and Analytics: Research Directions 1. Big Data Analytics – Data analytics using Hadoop / MapReduce framework 2. Text Analytics – From Information Extraction to Question Answering – From Sentiment Analysis to Opinion Mining 3. Network Analysis – Link mining – Community Detection – Social Recommendation Source: Lim, E. P., Chen, H., & Chen, G. (2013). Business Intelligence and Analytics: Research Directions. ACM Transactions on Management Information Systems (TMIS), 3(4), 17 12

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Big Data, Big Analytics: Emerging Business Intelligence and Analytic Trends for Today's Businesses 13

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Big Data: The Management Revolution Source: McAfee, A., & Brynjolfsson, E. (2012). Big data: the management revolution.Harvard business review. 14

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Source: McAfee, A., & Brynjolfsson, E. (2012). Big data: the management revolution.Harvard business review. 15

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Source: http://www.amazon.com/Enterprise-Analytics-Performance-Operations-Management/dp/0133039439 16

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Business Intelligence and Enterprise Analytics • Predictive analytics • Data mining • Business analytics • Web analytics • Big-data analytics Source: Thomas H. Davenport, "Enterprise Analytics: Optimize Performance, Process, and Decisions Through Big Data", FT Press, 2012 17

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Three Types of Business Analytics • Prescriptive Analytics • Predictive Analytics • Descriptive Analytics Source: Thomas H. Davenport, "Enterprise Analytics: Optimize Performance, Process, and Decisions Through Big Data", FT Press, 2012 18

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Three Types of Business Analytics Optimization “What’s the best that can happen?” Prescriptive Analytics Randomized Testing “What if we try this?” Predictive Modeling / “What will happen next?” Forecasting Predictive Analytics Statistical Modeling “Why is this happening?” Alerts “What actions are needed?” Query / Drill Down “What exactly is the problem?” Descriptive Analytics Ad hoc Reports / “How many, how often, where?” Scorecards Standard Report “What happened?” Source: Thomas H. Davenport, "Enterprise Analytics: Optimize Performance, Process, and Decisions Through Big Data", FT Press, 2012 19

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Big-Data Analysis • Too Big, too Unstructured, too many different source to be manageable through traditional databases 20

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