ISDS 2001 : Test 1 Study Guide Filled Out 2

• School: LSU
• Department: Information Systems & Decision Sciences
• Course: ISDS 2001
• Professor: All

Document Summary

Isds 2001 - for test 1, you should be able to: Define business intelligence (bi) and know its purpose. Business intelligence (bi) is an umbrella term that includes architectures, tools, databases, applications, and other methodologies aimed at getting current, historical, and predictive views of business operations for purposes of making better business decisions. Bi enables interactive and sometimes real-time access to big data. Dss a conceptual framework for a process of supporting managerial decision making usually by modeling problems and employing quantitative models for solutions analysis. Know the history of bi in terms of the time periods 1970s, 80s, 90s, and 2000s. (see text and notes: bi is rooted in 1970s reporting systems, which provided static, pre-determined, canned, two-dimensional reports, having no analytical data. In the early 1980s, eis (executive information systems) emerged and provided for expanded computerized support to top-level managers and decision makers. These capabilities included dynamic, multidimensional reports, forecasting and prediction, trend analysis, drilling down to details.