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Business Intelligence
Business intelligence (BI) is an application used for giving meaning to raw data that an organization has. The raw data is cleansed, stored and applied with business logics to be useful for enterprise users to make better business decisions.
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An application called business intelligence (BI) is used to give meaning to an organization’s raw data. To help corporate users make better business decisions, the raw data is cleaned, stored, and applied with business logics. It more effective and simpler to assess and make business decisions when the data is presented in the form of reports and shown in the form of tables, charts, etc. Companies generate data about their clients, suppliers, and internal operations during all business activities. Employees from many departments, including HR, Finance, Accounting, Marketing, etc., develop their work plans based on these data.

The Data Ware House consolidates and loads data from various source systems, while reporting tools like Query Designer, Web Application Designer, and Analyzer are primarily used to create reports that display the data consolidated by the Datawarehouse for analytical purposes. Business intelligence encompasses a diverse set of toolset.

Business Intelligence is a SAP product that primarily focuses on giving its customers and organisations a user-friendly and very practical manner of portraying data that could be helpful for analyses and corporate decision-making.

In conclusion, business intelligence technologies turn raw data into reports that are used for corporate forecasting and decision-making.
Why do we need Datawarehouse & BI?
Organisations have several types of data, including financial, human resource, customer, and supplier information, which can be kept on various types of storage devices, including DBMS, Excel spreadsheets, SAP R/3 systems, etc.Even internal company data is frequently dispersed across numerous systems and is not formatted correctly.

The data can be arranged with the use of a data warehouse. It combines disparate data sources that are primarily different in their specifics. One can create insightful reports using BI Tools.
What makes SAP BI more effective BI tool?
  • Through BI, a single point of access to all information is feasible. At one location (BI), it is possible to retrieve data from many sources.
  • Reports are used to present data gathered from many sources, which is effective for high-level data analysis.
  • SAP BI offers a user-friendly GUI and improved formatting.
  • The ability to analyse multidimensional data sources in web and MS Office contexts, adjustable dashboards, mobility, and a flexible, scalable BI platform are some of the primary features that set SAP BI apart from the competition.
  • SAP BI is renowned for its fantastic query performance and low management requirements.
  • End users on the go can use mobile BI.
  • Integration with other platforms is simple.
SAP BI/ Data Warehouse Vs. OLTP systems

OLTP(Online Transaction Processing):

OLTP systems have detailed, constantly-changing day-to-day transaction data. R/3 or any other database, as an illustration.

OLAP(Online Analytical Processing):

Data is available in OLAP systems for analysis. OLTP systems provide the system’s input. In order to prepare the data for analysis, the OLTP system data is used.

Business Intelligence is an OLAP system.
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