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  A Study of the Impact of Business Intelligence on Banking, Retail and Education Sector  
  Authors : Dr. R.Anusha; A.Angayarkanni; R.Gavoury
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Business intelligence (BI) is used to analyzing business data. The main idea in BI is to support flow of business information around and within the organization by identifying and processing the information into useful managerial knowledge and intelligence. BI can be used by banks for analyzing performance budgeting, trends, customer analytics etc, by retail for understand buying behavior, customer requirements, exact price points for products, shipping and inventory timing and by education sector to deliver quality education, knowledge management etc.

 

Published In : IJCSN Journal Volume 8, Issue 3

Date of Publication : June 2019

Pages : 339-342

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Tables : --

 

Dr.R.Anusha : Asst.Prof,Department of Computer Science,M.O.P. Vaishnav college for Women,Chennai,India.

Ms.A.Angayarkanni : Assoc.Prof & Asst.Controller of Examinations, Department of Computer Science,M.O.P. Vaishnav college for Women,Chennai,India.

Ms.R.Gavoury : Assoc.prof & Head,Department of Information Technology, M.O.P. Vaishnav college for Women,Chennai,India.

 

Business Intelligence, Bank, Education, Retail

Managements of various industries have to develop information system to fulfill the complex stakeholder's needs. In order to use the information obtained from business activity through the information system, it is necessary to develop business intelligence system. The ability to better serve banking customers by having timely and accurate information available is proving to be an invaluable asset, especially in a market where pricing is relatively flat across the industry. The investment in BI continues to separate institutions looking to maintain the status-quo from those looking to position themselves as industry leaders. Implementing a reliable, single source of authoritative data demands buy-in from across the organization and will require collaboration between business and technology which will provide incredible opportunity to bank, retail and education sectors.

 

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