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One example of this can be applied to the current use case, along with order information, if related stock price information for the companies that produce those products are also needed in a separate dashboard then this feed that would normally come from the likes of a Bloomberg or Reuters can be combined with this Order data and displayed.

BI Technology Trends: The PastWe need not go into the details of how BI functions were being performed or are still being approached using DW-driven technology air jordan 2012. If Business needed insights into key trends then they would follow this well beaten path:- Setup a de-normalized DW or Data Mart - ETL information from transactional data stores into DW- Use reporting tools like Cognos to generate the required MIS reports.

Therefore, this was the tried and trusted method and was considered business as usual Luxe boots uk. Traditional BI is very batch-oriented in nature and not real-time.

However, while real-time mechanisms may look very compelling in terms of their value proposition and ROI, it may not be feasible to implement these quickly as they are dependent on a services-based infrastructure air yeezy for sale.BI Technology Trends: The PresentAs the competitive landscape becomes more intense, the need for real-time business intelligence is almost De Rigueur in certain types of industries, in order to gain business agility and competitive advantage.

With the advent of technologies such as BAM and CEP, it is possible to perform real-time and even future what if business analytics. BAM and CEP fall under a new category called Event Driven Architecture (EDA). These tools permit BI in both synchronous and asynchronous modes.Business Activity Monitoring (BAM) is associated mainly with Web Services. It is a dashboard driven toolset that is comprised of various design time components and a runtime component. It is used in conjunction with other runtime components of a typical SOA implementation, such as ESBs and BPEL engines.CEP (Complex Event Processing) is similar to BAM with the difference that CEP is not tied to web services alone and is message agnostic. You can aggregate disparate messages from myriad sources and use them as part of one CEP application.CEP is usually event driven. The online shopping segment is also benefitting a lot from these advanced BI Solutions paradigms. The likes of Amazon, eBay and Zappos are rejoicing at the arrival of BAM and CEP. In such high traffic sites where the hits are measured in millions per day, attaining the level of agility and edge over the competition is virtually impossible without real-time analytics. Traditional BI strategies fall woefully short and are not equipped to deal with these types of business operations.BI Technology Trends: The FutureThere are several game changing trends that are in vogue in the BI field that promise to change the face of the industry. While BAM and CEP are the pre-cursors, they are fueling other paradigms that were not possible before.Here is an example that is taken from advertising industry pundits whose central focus is always on The Consumer: Smart Billboards that will glean biometric information based on facial features of anyone walking by. If the consumer turns out to be a young 20-something year old male, the backend system would beam back relevant information such as ads for an iPod, cell phone, energy drink, sports car or anything that fits this particular demographic.