Business,Intelligence,Lifecycl business, insurance Business Intelligence Lifecycles
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With theBusiness Intelligence tools Organizations can make a superb profit bymaking a perfect market strategy and also competes with otherOrganizations by capturing their previous marketing policies. The Business Intelligence tools also helps in the quick decision ofsales making strategies and helps actually in the Business processredesigning. Developing the operational performances or customerssatisfaction helps give an Organization a better approach towardsmarket.The Business Intelligence Lifecycles or Process :Focus on the businessYou must gather all the requirements, recognize the businesses, involved in the project scale, and also analyzing them.Build an information infrastructure?In this phase, design should be made for an approach to gather all theinformation into a single, integrated, and well ordered foundation soas to cover all the requirements that are gathered before.Deliver in meaningful incrementsIn this step the data warehouse is built in some incremental steps, and then delivered in several meaningful schedules.Deliver the entire solutionVarious informations, such as the reports, the ad hoc queries, the websites, several documents etc should be delivered.Raw Data CaptureInstead of making suppositions based on some unreliable feelings orsome rumors, the decision cycle actually starts with some raw datai.e.; the piles of data which is collected as a part of some day to dayoperations. Business User Oriented AnalysisProvide the analytical tools too the decision makers necessary to gainimminent from the data warehouse information. Various trends,variances, and statistical circulation of these measures can easily beresearched and also understood. The Management can easily monitor thedevelopment processes by collecting the Data warehouse informations.Conversion of raw data into informations The relevant claimed data which is captured above, actually then flowsinto data warehouse. Throughout the process, many business policiescarries out to alter the raw data generally into the analysis orientedstructure. Making decisions to produce changeUsing the information gained from above analysis, contract departmentin fact may decide to analyze the contracts with some existingproviders for including the sub specialty to get an increasedattention. However on the other hand, they can decide to develop thecontracts with a group of physicians which are presently out of thenetwork & performing these exact sub specialty services.
Business,Intelligence,Lifecycl