The Fundamentals of Business Intelligence (BI)
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The Fundamentals of Business Intelligence (BI)

This course explores how Business Intelligence (BI) is an important new tool for modern business.
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
0 students enrolled
Last updated 8/2017
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Includes:
  • 2 hours on-demand video
  • 2 Articles
  • 2 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Recognize what business intelligence (BI) is
  • Explore how business intelligence works on a theoretical basis
  • Identify what steps firms need to take to implement business intelligence
  • Identify areas where business intelligence can alter the way a company conducts operations
View Curriculum
Requirements
  • No Advanced Preparation or Prerequisites are needed for this course.
  • A Basic understanding of concepts in statistics is helpful but not required.
Description

Business Intelligence (BI); the term is bandied about so frequently today that it might seem like everyone except you already understands it. The truth is that like its partner “Big Data”, business intelligence is actually not well understood at all. Most people who talk about business intelligence have at best a general notion of what it means and almost no experience with actually using BI in a meaningful way. However, BI is an important new tool for modern business.

Advances in computing power can now give businesses ways to analyze data that they never could before. With these advances, firms can make decisions about pricing, marketing, new products, and resource allocation more effectively than they have ever been able to in the past. Major corporations like Kroger are starting to use BI to help determine what products they should advertise to specific customers. General Electric is using BI to more efficiently run its industrial maintenance schedules. Citi is using BI to help proactively figure out the maximum interest rates various customers are willing to pay. BI is useful in all of these settings and much more.

Who is the target audience?
  • Anyone interested in Business Intelligence (BI) or related fields.
  • Anyone interested in Management or related fields.
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Curriculum For This Course
10 Lectures
01:49:17
+
Introduction
8 Lectures 01:49:13


Using Business Intelligence
05:57

Steps in Business Intelligence
07:52

Run Analysis
10:03

Advantages and Disadvantages of Business Intelligence
07:29

Trends in Business Intelligence
12:21

The fundamentals of Business Intelligence Continuous Play
54:32
+
Supporting Materials
2 Lectures 00:03
Slides: The Fundamentals of Business Intelligence (BI)
00:01

The Fundamentals of Business Intelligence (BI) Glossary/Index
00:01
+
Review and Test
0 Lectures 00:00

Review Questions: The Fundamentals of Business Intelligence (BI): What it Does and Why it's so Essential

Review Questions
3 questions

FINAL EXAM: The Fundamentals of Business Intelligence (BI): What it Does and Why it's so Essential

FINAL EXAM
5 questions
About the Instructor
Illumeo Learning
4.4 Average rating
291 Reviews
1,291 Students
234 Courses
Condensed and Efficient Courses for Busy Professionals

Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.

Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.

Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.

Michael McDonald
4.3 Average rating
12 Reviews
99 Students
9 Courses

Michael is a finance professor at Fairfield University in Connecticut. He holds a PhD in finance from the University of Tennessee and his work has been quoted in the Wall Street Journal, CNN, Nasdaq dot com, Bloomberg, Reuters, and many other outlets. Michael is the President of Morning Investments, a consulting firm headquartered in Connecticut. He consults extensively with organizations ranging form Fortune 500 companies and government agencies to start-up businesses on matters related to finance and investments. Michael has served also as an expert witness on finance related matters in legal disputes, and is an arbitrator with the Financial Industry National Regulatory Authority (FINRA).