By Shantanu Kaushik
Business Intelligence (BI) is the reason data analytics came into the picture. Processing big data and managing data warehouses can extract valuable data from multiple sources. Business Intelligence (BI) leverages applications and solutions to transform raw data into action-worthy specific data. This data can be used to make strategic reforms and decide the prospects of the organization.
Business Intelligence enables fact-based operational business decisions. It can leverage historical data and real-time data analytics to assess and contemplate various scenarios to help strategic teams decide. BI tools are used to perform data analysis and create multi-tier reports, visualizations, presentations, and more.
Alibaba Cloud Quick BI is a cloud-based service that provides exceptional big data analysis. It works with products, such as DataWorks, MaxCompute, and DataV, to provide a seamless data analytics suite of products to enable highly efficient business intelligence (BI). Quick BI is an extremely lightweight business intelligence tool that provides ad-hoc queries and analysis by creating data sources.
Let's take a look at the architecture that Alibaba Cloud Quick BI uses on the chart below:
Alibaba Cloud Quick BI delivers data analytics capabilities to businesses with high-quality visual representations and drag and drop functionality. Quick BI helps you perform analytics and exploration and provides real-time reporting features that allow organizations to make informed decisions for future business needs.
Alibaba Cloud Quick BI is based on big data development and management and works with various business scenarios and the associated challenges. You can monitor global data and perform data-based operations using Quick BI. After several updates, Alibaba Cloud has perfected the Quick BI platform and enabled several features and integration with other Alibaba Cloud services.
Quick BI supports numerous data sources:
Alibaba Cloud Quick BI supports OLAP and query acceleration engines. These engines provide query and analysis services for big data. Let's discuss some of the prominent features of Quick BI.
Quick BI supports various data sources, including ApsaraDB, cloud, relational, Hadoop, and MPP databases.
Alibaba Cloud Quick BI helps you create ACL rules to make sure the data security is accounted for. You can access permissions for each object and check or grant permissions to these objects.
Quick BI offers multiple security options. These options include:
Quick BI features a high-performance query engine that runs computing and query tasks on a large dataset with low-latency.
Quick BI supports cross-functionality with Excel workbooks and provides very similar data analysis functions.
Alibaba Cloud Quick BI supports multiple chart types:
Any organization that wants to introduce data analytics into their equation by building a BI platform to enable data visualization and analysis will have an immediate requirement to integrate present business data into the management system. Quick BI provides support for integration with similar scenarios and works in different departments and regions.
Alibaba Cloud Quick BI has a quick and easy setup, and it meets the data requirements for various scenarios. Quick BI can integrate with existing systems to analyze data and provide a unified management platform with high efficiency for data visualization.
Let's take a look at an architectural diagram below:
Alibaba Cloud Quick BI helps with report efficiency and maintenance operations to shorten the time taken to analyze data and apply new updates or functionality. The seamless process of simplified maintenance allows for lower downtime and feature analysis of data.
Quick BI responds efficiently to SQL statements for querying multi-dimensional data. It also enables the business managers to independently retrieve data without involving technical staff, making the entirety of the system highly efficient.
Imagine you have to analyze a large amount of financial data to create a presentation revolving around business development and risk management. In this scenario, the first thing to account for is user permissions to analyze and manage data. Data can vary, and some of this data could be complex and driven by strict privacy laws.
Alibaba Cloud Quick BI helps you manage permissions without any hassle. You can manage row-level permissions by looking at a report that displays different user roles. These permissions can be managed to allow a user access to specific content at specific times. For example, there is a business manager in New York, and he can only look at the country-specific marketplace data.
As your business expands, Quick BI analyzes the incoming data and records important statistics to indicate changes. This enables the organization to summarize and formulate future business strategies more efficiently.
Intelligence and Analytics are two sides of the same coin. Business Intelligence is applied today based on historical data and the assessment or strategy that led your organization to the current state. Analytics are a constant factor that changes every day based on additional data and its processing to extract value.
Business intelligence is more predictive, and analytics is descriptive. Alibaba Cloud Quick BI gets the best of both worlds. Alibaba Cloud created a standard set of tools for different data analytics functions; DataWorks for big data development, MaxCompute to provide computational power for data warehousing, DataV for visualizations, and Quick BI for business intelligence.
Using historical data from your business to gain useful information to add value to future strategies is like checking someone's family lineage. Business Intelligence is all about making smart decisions based on real-world no-fail data. The only parameter or factor that matters is how well you do it and how reliable your data insights are.
Quick BI solves both of these issues. When we talk about lineage, Quick BI comes from Alibaba Cloud, an organization that runs on business value. Alibaba Cloud implements data analytic solutions, including data warehousing, marking a tradition and stamp of reliability. This article series about the "Real-World Implementation of Data Analytics with Alibaba Cloud" concludes with this sixth and final article.
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