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Real Life Examples on use of Data Warehousing for a competing in the marketplace

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Business Viewpoint. Data Warehousing: Bringing it all together. Michael Brown. Jim Foley ... Database that collects business information from many sources ... – PowerPoint PPT presentation

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Title: Real Life Examples on use of Data Warehousing for a competing in the marketplace


1
Business Viewpoint
2
Data WarehousingBringing it all together
Primetime Consultants
  • Michael Brown
  • Jim Foley
  • Tom Juntunen
  • February 18, 2000

3
Data Warehousing
Primetime Consultants
  • Single image of business reality
  • Database that collects business information from
    many sources
  • Provides business users with multidimensional
    view of data needed to make business decisions

4
  • Problems with Databases
  • Switched to Data Warehousing

5
(No Transcript)
6
How does it work? Extraction Consolidation Filt
ering Cleansing Conversion Aggregation
7
Advantages
Primetime Consultants
  • Easier to access relevant information
  • Sorts through structured information
  • extract knowledge from database more efficiently
  • Save time and money in long run

8
Just the FACTS Maam
  • How much does it cost?
  • 45,000 to over 150,000
  • Successful data warehouses generated an average
    ROI of over 400 percent.
  • Project failure rates of over 60 percent.

9
Data Warehouse Disadvantages
  • Takes time to build
  • Undetected problems
  • Security
  • Storage space
  • High maintenance

10
Success with Data Warehouses
  • Continuously update
  • Clean Data
  • Large enough resources
  • Benefit to Users

11
Data Mining
  • What is it?
  • Extraction of hidden predictive information
  • Why our clients use it?
  • Understand customer behavior
  • Determine website effectiveness
  • Measure success of marketing efforts
  • How?

12
How Data Mining is Used
  • Understand customer behavior
  • Find hidden patterns
  • Determine whos buying
  • Determine website effectiveness
  • High and low impact areas
  • Whats effective vs. Intuition
  • Measure success of marketing efforts
  • Real measurements of success
  • Cluster customers

13
Data Mining Techniques
  • Neural Networks
  • Decision Trees
  • Rule Induction
  • Data Visualization

14
Ultimate Goal of Data Mining
Improve marketplace responsiveness and
awareness STAY ON OFFENSIVE!!!
15
The Future
  • Data Warehouses
  • Database of databases
  • Sorted data
  • Data Mining
  • Harness power of data warehouses
  • Competitive edge

Primetime Consultants
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