Data Analytics And Business Intelligence Essay

Question:

Write a report on Data Analytics and Business Intelligence.

Answer:

1.0 Introduction

The dashboard is used to measure the demographic view of the United Nations of Costa Rica that is combined with the business intelligence systems as well as browser based applications. It also summarizes the past and present status of the enterprise for making decisions (Sharda, Delen & Turban2013). The dashboards incorporate both the content as well as the functionality of the United Nations of Costa Rica. The integration of the dashboards reduces the cost of acquisition from various sources. It increases the individual tools as well as the content asset throughout the grouping in order to help the decision making process.

2.0 Analysis of the Results

Population Growth Rate

Within the demographic overview of the United Nations of the Costa Rica, it shows the rate of the population, fertility, mortality as well as migration. The population growth is the increase in the total number of individuals within the population. The researcher analyzes the population rate from the year 1994 to 2026. With the increase in the rate of population, the growth rate decreases.

Figure 1: Growth Rate of United Nations of Costa Rica

Fertility Rate

The fertility rate defines the figure of children that are born per woman above the lifetime. The researcher analyzed that with decrease in the birth population, the total fertility rate such as births per women decreases.

Figure 2: Fertility Rate

Mortality Rate

The mortality rate is the compute of the figure of deaths within precise inhabitants of the Central America that scales to the population size per unit time. With increase in the life expectancy at the birth, the crude death rate remains the same. The death rate also sometimes increases and decreases.


Figure 3: Birth Rate


Figure 4: Death Rate


Figure 5: Life Expectancy

Migration Rate

The net migration rate is the dissimilarity of both the immigrant as well as emigrant of the region within the phase. The positive value of the migration rate represents people entering the country while the negative migration rate represents the more people leaving the country as compared to enter.

Figure 6: Migration Rate

Final Dashboard

Figure 7: Final Dashboard

2.0 Challenges in development of dashboard

Electronic dashboards are the powerful enterprise tools that should provide quick insight into the performance of the business. The implementation of the dashboard projects is challenging due to its complexities as well as inexperienced dashboard development team. Due to these challenges, there is a delay as well as failure into the project work (Forsgren & Sabherwal 2015). The challenges of using the dashboard are poorly integrated, reduces the usability of the data and poor quality of data.

3.0 Benefits of BIA

The benefits are as follows:

Customizable: Dashboards are customizable regarding the users as well as their expectations. The decision level dashboards are customized in order to provide a valuable set of information (Gounder, Iyer & Al Mazyad 2016). It allows seeing the detailed information that is required to meet with organizational goals.

Intuitive data presentation: There is no such requirement of any training as the dashboards are designed in such a way that it is intuitive to any of the users (Joseph 2013). The graphic design of the dashboard allows easy as well as efficient navigation throughout the information.

4.0 Recommendations to make the implementation of dashboard easier

Accurate and timely delivery of information: The implementation of dashboard should be efficient as it gives easier as well as timely delivery of information (Santiago Rivera & Shanks 2015). It is possible when it provides more than one dashboard with various levels of interactivity as well as accessing data.

Use of new dashboards: The Company should use new dashboards in order to demonstrate real time improvements within the workflows as well as savings of time (Hadi & Ebrahimpour 2014). It is required to create an effective dashboard, then both data, as well as virtualizations, should be easier to observe. The charts are used to see the improvements that create better-informed users.

References

Forsgren, N & Sabherwal, R 2015, Business Intelligence System Use as Levers of Control and Organizational Capabilities: Effects on Internal and Competitive Benefits. Available at SSRN 2687710.

Gounder, M.S, Iyer, V.V & Al Mazyad, A 2016, March, ‘A survey on business intelligence tools for university dashboard development’, In 2016 3rd MEC International Conference on Big Data and Smart City (ICBDSC) (pp. 1-7). IEEE.

Hadi, F & Ebrahimpour, H 2014, ‘Investigating the Relationship between Technology Intelligence and Business Performance’, Singaporean Journal of Business Economics and Management Studies, 2(11), pp.207-215.

Joseph, L 2013, ‘Development of a Dashboard to Improve Safety in the Imaging Setting’, Journal of Radiology Nursing, 32(2), p.104.

Santiago Rivera, D & Shanks, G 2015, ‘A Dashboard to Support Management of Business Analytics Capabilities’, Journal of Decision Systems, 24(1), pp.73-86.

Sharda, R, Delen, D & Turban, E 2013, Business Intelligence: A Managerial Perspective on Analytics, Prentice Hall Press. 0), pp.1500-1509.

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