How Internet of Things Affects Business Intelligence?
Lindroos, Olli (2015)
Lindroos, Olli
2015
Tietojohtamisen koulutusohjelma
Talouden ja rakentamisen tiedekunta - Faculty of Business and Built Environment
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Hyväksymispäivämäärä
2015-10-07
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:tty-201509151587
https://urn.fi/URN:NBN:fi:tty-201509151587
Tiivistelmä
The main purpose of this research is to find out what Internet of Things (IoT) and Business Intelligence (BI) mean and how IoT will possibly affect BI. This research has been carried out as a literature review and it is divided in three main chapters. The first section clarifies what Business Intelligence means. The second part ex-plains the Internet of Things and the third and final part aims to find out possible synergy effects.
Business Intelligence is a process the main purpose of which is to produce the right information at the right time to the right people in order to facilitate the decision-making process. With BI an organization can reach a better business insight for their business environment. BI’s challenges can be divided into social and technical challenges.
IoT is an information network that connects everything. With a common information network things can co-operate in order to reach a common goal. IoT’s benefits are the real world effects, improved data analysis and a more agile com-munication. IoT’s challenges are the rising amount of data and data complexity, information security and policy as well as the technical challenges.
This research’s results shows that IoT will have a huge effect on BI. IoT will offer a large amount of new data for BI to analyze. New data offers an oppor-tunity to get completely new results but it also offers a challenge because of the large volumes of data as well as the small number of professional capable of handling it.
Business Intelligence is a process the main purpose of which is to produce the right information at the right time to the right people in order to facilitate the decision-making process. With BI an organization can reach a better business insight for their business environment. BI’s challenges can be divided into social and technical challenges.
IoT is an information network that connects everything. With a common information network things can co-operate in order to reach a common goal. IoT’s benefits are the real world effects, improved data analysis and a more agile com-munication. IoT’s challenges are the rising amount of data and data complexity, information security and policy as well as the technical challenges.
This research’s results shows that IoT will have a huge effect on BI. IoT will offer a large amount of new data for BI to analyze. New data offers an oppor-tunity to get completely new results but it also offers a challenge because of the large volumes of data as well as the small number of professional capable of handling it.