1.assimilating data collected
via one or more applications used to facilitate
the processing of activities associated with a business
2.formulating that data in and
around key primary indicators (KPI) of a business
(referred to as dimensions of business)
3.analyzing the data via a single KPI (dimension) or in conjunction with two or more PKI’s (called slicing, dicing and data
mining)
4.reporting via graphical business
concepts: trends, KPI comparisons across another dimension, relationships of
data across dimensions,
high-level overviews of business via dimensions
for the purpose of supporting a better (more-informed) business decision
5.giving the business user the
wherewithal to produce these reports
himself or herself at any time