BIPM

By
BIPM (Business Intelligence & Performance Management)
Recently TCS has started allocating a new stream- BIPM. It stands for Business Intelligence and Performance Management though it has been existing since 2008 in ILP. But now more number of students are getting this in ILP.

Already Hydrabad and Kolkata ILP centers have started this. It’s a new domain in the corporate sector. But its growing steadily and gives you loads of opportunity to excel and prosper.
Okay. 

Now let’s have some ideas about it...

Now there are two terms - one is Business Intelligence (BI) and the other is Performance Management (PM)...

These two terms serve following purposes together:

1. Proactive monitoring and management to maximize business performance.
2. Continuous data work-flows for real time business intelligence.
3. Information integration for an enterprise view.
4. BI and PM mainly look after the potential customers. It counts the factors such as usability, manageability, reliability, functionality, adaptability, supplier validation, the business case for return on investment (ROI) and the total cost of ownership (TCO).

Business intelligence (BI) is a broad category of applications and technologies for gathering, storing, analysing, and providing access to data to help enterprise users make better business decisions.

BI applications include the activities of decision support systems, query and reporting, online analytical processing (OLAP), statistical analysis, forecasting, data mining, process mining, complex event processing, business performance management, bench marking, text mining and predictive analytic.

Business Intelligence can be applied to the following business purposes (MARCKM), in order to drive business value-

1. Measurement – Program that creates a hierarchy of performance metrics and bench marking that informs business leaders about progress towards Business process management.

2. Analytic – Program that builds quantitative processes for a business to arrive at optimal decisions and to perform Business Knowledge Discovery. Frequently involves: data mining, process mining, statistical analysis, Predictive analytic, Predictive modelling, Business process modelling, complex event processing.

3. Reporting/Enterprise Reporting – Program that builds infrastructure for Strategic Reporting to serve the Strategic management of a business, NOT Operational Reporting. Frequently involves: Data visualization, Executive information system, OLAP.

4. Collaboration/Collaboration platform – Program that gets different areas (both inside and outside the business) to work together through Data sharing and Electronic Data Interchange.

5. Knowledge Management – Program to make the company data driven through strategies and practices to identify, create, represent, distribute, and enable adoption of insights and experiences that are true business knowledge. Knowledge Management leads to Learning Management and Regulatory compliance/Compliance.

Each and every project now-a-days needs BIPM. TCS has recruited and allotted many guys in that department after training. Some of the projects like - ALCOA, BRITISH TELECOMM, PWC, EXPERIAN and GENERAL MOTORS are directly linked and controlled by BIPM.

For more updated news, You can like us at Facebook

Comments

Post a Comment

Do you wanna ask me some thing???

Popular posts from this blog

What is IRA (Initial Readiness Assessment) in TCS

By
Hello everyone, You all must be waiting for the joining date. Those who have got their joining letters, are happy and much excited about what would happen on the first day. There would be feelings mixed with nervousness too. As the name... IRA .. IRA. ..is bothering you...but you need not worry because I am going to share with you all the things about IRA .  What exactly is the IRA? It's a kind of exam... Initial Readiness Assessment to test your readiness for the Initial Learning Program . Right after some days of your placement, you all have to take the Aspire course which is a mandatory online course conducted by TCS. It is for the freshers to make them aware of the basics of Computer science & Information Technology and a little but enough about TCS also . After getting joining letters, Tech Lounge is also allocated to you which is basically the stream in which you will have your training.  So, to know how much basic technical knowledge you have grasped th...
Read more

Swapping base locations in TCS

By
Image
Hello Friends, The job location is an important factor and we all keep this in mind at the very first while applying for a job. Our job life is much affected by the location where we do the job. And of course the company gives us choices for it where we want to get the job. We all apply for our choices for the desired location. Some people want it to be approachable from their home, family, relatives etc so that they can help them or get their help easily whenever possible, whereas some want the location from the career perspective where they can see their fast growth.  All of us have different reasons. I hope you guys are now well known of the different locations provided after ILP training as I have already given the regarding info. You will get to know your base location within one month from joining the ILP. Most of the people get their preferred one out of the filled choices. TCS HR department tries their best to locate you at the place of your choice, still there is...
Read more

Information Resource Center (IRC) in TCS

By
Image
Hello Friends, An information resource center (IRC) is a facility inside Tata Consultancy Services limited (TCS), staffed by a specialist, containing many information sources. It is established at all ILP center as well as base center for you. So, you don't need to take any books or notes from home with you. They will provide you all relevant books related to new technology as well as your courses.   Many novel will also be there. So, whenever you will get time, go there and study these materials. Even if you want then you can also issue these all books for some days. But return these after reading as courtesy so all take can advantages. The Aim:- Learning resources center's general aim is to make sure learning academic appropriate atmosphere that permits learner get pleasure from any reasonably learning resources. Purpose:-  Information and communication development opportunities and information flow are the big challenges arising from a pass...
Read more