Business Rules and Business Intelligence - 1114 Words

Business Intelligence projects start out as a simple report or request for an extract of data. Once the base data is aggregated then the next request usually is about summing data or creating more reports that have different views to the data sets. Before long complex logic comes into play and the metrics coming out of the system are very important to many corporate wide citizens. Centrally managed business rules enable BI projects to draw from the business know-how of a company and to work with consistent sets of business logic Ââ€" they are what add the intelligence to business intelligence.(pg14) Once reports are no longer a straightforward representation of base data they begin to depend more and more on business rules. The term†¦show more content†¦In order to achieve a consistent business definition across an organization the individual departments need to share and become aware of how this data can heavily influence what they know to be true and how other interpret what is true. It helps to drive consistency by encoding business logic and can be defined as a specialized version of business rules. According to the article only 20% of organizations practice MDM as a separate solution.(pg15) An independent business logic component should look like a set of rules that are shared among departments that directly interface with the business users and IT systems, eliminating the need for developers to write programming code. Experts call such a thing a business rules engine but there different schools of thought on the term. Some people think that it is a software application that can be used to capture to business know-how and can interpret operational data to gain insight. Others think that it resembles something akin to AI (artificial intelligence) or expert systems that interpret the implications of business rules on a set of data. Whatever method is chosen as path forward it is important that businesspeople can review the existing rules and make modifications to a rules engine. The rules should be documented and formulated in a natural language (language that a plain speaking business person can understand) so that a businessShow MoreRelatedBusiness Report : E Business1355 Words   |  6 PagesBusiness report: Over the historical decade, Internet and Web skills have remade the commercial world. E-business has melodramatically changed in what way companies’ business procedures are implemented and improved, altered manufacturing structures, and removed the balance of control between companies and their dealers and clienteles (both downstream associates and consumers). Businesses in every manufacturing have had to assess the chances and threats presented by e-business. 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