OMIS 455 Final Exam NIU Frequently Most Tested Questions and Verified Accurate Answers
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Course
OMIS 455
Institution
OMIS 455
Business Intelligence (BI)
is a broad category of computer software solutions that enables a company or
organization to gain insight into its critical operations through reporting applications &
analysis tools
Business Intelligence includes...
Business Analytics (BA)
Corporate Performanc...
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OMIS 455 Final Exam NIU Frequently Most
Tested Questions and Verified Accurate
Answers
Business Intelligence (BI)
✓ is a broad category of computer software solutions that enables a company or
organization to gain insight into its critical operations through reporting applications &
analysis tools
Business Intelligence includes...
✓ Business Analytics (BA)
✓ Corporate Performance Mangement (CPM)
✓ Business Performance Management (BPM)
✓ Enterprise Information Management (EIM)
✓ Data Mining
✓ Predictive Analytics
Customer Analytics
✓ Is a process by which data from customer behavior is used to help make key business
decisions via market segmentation & predictive analytics
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✓ Is a data repository of an enterprise. It is generally used for research and decision
support.
✓
✓ Referred as Business Warehouse (BW) in SAP
OLAP
✓ online analytical processing
✓
✓ Performs multidemsional analysis of business data and provides the capability for
complex calculations, trend analysis, & sophisticated data modeling
OLTP
✓ Online Transaction Processing
✓
✓ Operational system used to deal with the everyday running of one aspect of an enterprise
Nonvolative
✓ Typically data in the data warehouse is not updated or deleted
BI Presentation Tools
✓ Managers often need to visualize data in summary representations like tables and charts
to help them answer questions or identify problems in their area
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