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SEC 6050 Business Intelligence

This SEC 6050 Business Intelligence course covers concepts, drivers, problems, and techniques for developing business analysis for security solutions. Various supporting technologies will be discussed under this course. It also covers techniques that use best practices for project lifecycle management when designing and developing analytical solutions. It explores various methods of delivering information such as queries and data analysis, visual dashboards, ODS and OLAP, and trend scorecards.

Business intelligence (BI) refers to programs and technical infrastructure that collect, store, and analyze data generated by a company's operations.

BI is a broad term that includes data mining, process analysis, performance benchmarking, and descriptive analysis. BI analyzes all data generated by an enterprise and provides easy-to-understand reports, performance indicators and trends to inform management decisions.

The need for business intelligence stems from the notion that managers with inaccurate or incomplete information often make worse decisions than with better information. The creators of the financial model believe that this is "garbage in, garbage out."

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