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BIAnalytix Tip Summary: Exception Only Analysis

Various analyses of the data in a Media BI system can be determined by experience to be an “exception” deserving of management attention (that is the analysis does not meet an objective or goal of the organization). This can occur when the current and/or historical data is used to forecast a result in the future, and then this forecast value is used to determine any departure from a goal or objective (an “exception”). An example might be forecasting avails to detect over-selling. BI reporting analysis can then either highlight the exception values in the analysis, or directly filter the values so that only the exceptions are displayed.

Often exceptions are detected by comparison to previous data values. So analysis is often more valuable if data is being compared to a similar previous period or to a budget. The exception can then be defined to be any value that has a significant departure (it might be a percentage) from the target goal or objective. Analysis can be color flagged (such as red) on a report whenever a value is outside the pre-determined acceptable deviation, providing an easy way to detect when immediate attention is required.

BIAnalytix is a data warehouse and business intelligence system from Decentrix which includes all the advanced tools necessary for highlighting exceptions or filtering to only show the exceptions.

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