ECON 1 Lecture Notes - Lecture 15: Gartner, Enterprise Performance Management, Solvency Ii Directive 2009
Document Summary
Beer & diapers data mining urban legend: some years ago walmart were supposedly using data mining technology to analyse their sales figures. Why the interest in bi: massive availability of data, business trends driving interest in bi. Digital channel data, content posted on social media, data collected by smart, connected devices (cf. the. Internet of things), real-time sensor readings, supply chain technologies such as rfid, etc. Other data is available through open data initiatives (e. g. public services making data freely available), Google maps, real-time data feeds (e. g. stock exchanges), etc. They are a selection of key measures telling them how well they are doing: example kpis in health care: Access to an nhs gp: percentage of patients able to be offered a routine appointment to see a gp within two working days. A&e waiting time: percentage of patients attending a&e department that are admitted, transferred or discharged within 4 hours of arrival.
