Your company has decided to evaluate data mining and determine if it might help
ID: 3914871 • Letter: Y
Question
Your company has decided to evaluate data mining and determine if it might help gain a competitive advantage over your competitors.
Your company’s current storage methodology is twofold: 1) Sales, Inventory and Accounting all use QuickBooks for tracking everything from Purchase Orders to Invoicing and accounts receivable, 2) all other departments us Microsoft® Excel spreadsheets. In total, there are over 1,000 workbooks and over 400,000 records
You have been tasked with finding a data mining tool that can bring the data from these disparate data stores together, analyze it, and produce reports needed by management. Your company wants to see at least three (3) tools that could be used. Be sure to include business justification (cost-benefit analysis) of each choice. Be sure to include reference to your company’s storage methodologies.
Explanation / Answer
1) Yellowfin
outstanding features
-> puts all your data in one dashboard
-> reliablility and trust in governing the data
-> data maintenance for better analysis, visualization of dta in all angle
COST: community of 3 user - free
professional - 1750$ per year
enterprise - 67500$ per year
user size is 50 - 1000 employees
2) Birst
features
->2 - tier architecture governs data and visualization
->creates single view of data for all user, with improved user experience
-> business intelligence platform
COST: 30000$ per every 30 users
3)microsoft share point
features
-> cloud inspired infrastructure for storage
-> high data analysis efficiency
-> improved data security with encrypted connection
->document deletion and in-hold place policy
COST : 7000$ per every server
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