By Stephan Kudyba
Facts Mining and enterprise Intelligence: A consultant to productiveness presents an outline of information mining expertise and the way it really is utilized in a enterprise surroundings. It describes the corresponding facts mining methodologies which are used to resolve various company difficulties, which counterpoint firm-level potency in a much less technical, extra managerial kind. The publication accommodates the knowledge mining strategy into the spectrum of complementary applied sciences that jointly include company info structures that advertise company intelligence. company intelligence contains the proliferation of value-added info all through a given company by utilizing a variety of purposes that promotes potency for the enterprise.
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Extra resources for Data Mining and Business Intelligence: A Guide to Productivity
The pie chart shows proportions: how a whole unit is divided up into components. For example, it is often used to show how big a slice of the market each competitor has, or how much each product line or region contributes to a company's revenues or profits. Negative values cause problems for this chart. 3. Simple bar charts are used to itemize quantities. Compound charts can be used to show correlations between variables or changes in variables over time. Column charts, relying on the Western eye's tendency to see a flow from left to right, are useful for conveying quantities when the items being charted represent a logical sequence such as a time series or a frequency distribution.
The interaction of both of these has created the Internet. , increases in speed and memory made possible by such processing from Pentium, AMD CYRX) have opened the door for a host of high powered, state-of-the-art software applications. Innovations in telecommunications technology, which has augmented the capabilities of the Internet, has further enabled the proliferation of vital information via intranets and extranets. The entire combination of the above technologies come together to create a vast information network that becomes the information pulse of a given enterprise.
Managerial skills require the know how to not only oversee the process just described (appropriate systems and user knowledge of them), they must be able to act on the information the systems are producing. Of course this process involves all tiers of management, from the lowest levels to the very top, from IT personnel to business strategists. Streamlining or optimizing this process should yield value added results. Investment in information technology alone does not insure firm-level productivity.