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Mastering Business Intelligence with MicroStrategy

Mastering Business Intelligence with MicroStrategy

By : Dmitry Anoshin, Rana, Ma, Neil Mehta
3.7 (7)
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Mastering Business Intelligence with MicroStrategy

Mastering Business Intelligence with MicroStrategy

3.7 (7)
By: Dmitry Anoshin, Rana, Ma, Neil Mehta

Overview of this book

Business intelligence is becoming more important by the day, with cloud offerings and mobile devices gaining wider acceptance and achieving better market penetration. MicroStrategy Reporting Suite is an absolute leader in the BI market and offers rich capabilities from basic data visualizations to predictive analytics. It lets you various delivery methods such as the Web, desktops, and mobiles. Using real-world BI scenarios, this book helps you to implement Business Analytics solutions in big e-commerce companies. It kicks off with MicroStrategy 10 features and then covers schema design models and techniques. Building upon your existing knowledge, the book will teach you advanced techniques for building documents and dashboards. It further teaches various graphical techniques for presenting data for analysis using maps, graphs, and advanced charts. Although MicroStrategy has rich functionality, the book will show how to customize it in order to meet your business requirements. You will also become familiar with the native analytical functions that will help you to maximize the impact of BI solutions with powerful predictive analytics. Furthermore, the book will focus on MicroStrategy Mobile Analytics along with data discovery and desktop capabilities such as connecting various data sources and building interactive dashboards. The book will also uncover best practices, troubleshooting techniques for MicroStrategy system administration, and also security and authentication techniques. Lastly, you will learn to use Hadoop for MicroStrategy reporting. By the end of the book, you will become proficient in evaluating any BI software in order to choose the best one that meets all business requirements.
Table of Contents (13 chapters)
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Chapter 6. Predictive Analysis with MicroStrategy

Predictive analysis can give our business an edge. In this chapter, we will go beyond the simple descriptive statistical functionalities of MicroStrategy. We will discuss how to make predictions based on existing data in hand. We will also discuss how to automate the predictive mechanism using MicroStrategy 10.

The predictive power of a model depends on data quality, and identified patterns and trends remaining unchanged. MicroStrategy is not the ideal tool for discovering these patterns and trends; SAS, R, Stata, or EViews might be better suited to the model developing stage. The strength of MicroStrategy lies in its ability to implement and automate pre-built prediction models into our database, thus saving us time and greatly increasing productivity. MicroStrategy can integrate with third-party solutions, especially with R.

This chapter will cover the following topics:

  • Integrating R with MicroStrategy
  • Data mining overview
  • Steps for...

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