Machine learning based KPI dashboard for Business Intelligence

Project Title

Machine learning based KPI dashboard for Business Intelligence

Project Area of Specialization Artificial IntelligenceProject Summary

About the project:

In this project we are creating a web based KPI Dashboard.

In which we would be having different modules each handling different KPI’s, which will help user to make better decisions by analyzing the actual data and help tackle the problem and improve the overall performance and use different future predictions that will help the company to take calculated risks and decisions.

Writing a script to map the dataset to create a database as the data is trained on three different machine learning algorithm and their accuracy is computed. It will help keep the user in touch with their business anywhere and anytime. Data visualization can be done by interactive reports and advanced charts.

For Example, we have dataset of stock exchange first the data is converted into our format then multiple machine learning algorithms are applied to the dataset and then based on these algorithms a visual representation of the stocks is displayed to the user so that he/she can know the trend of the shares or how the shares performed over a period of time and make important decisions like where to invest the money.

Project Objectives

KPI dashboard software enables businesses to turn data into analytics and insights. The software allows organizations to enter their data into one specially designed system, or connect external services for faster and more accurate data collection. This type of software allows businesses to visualize and comprehend data from a number of KPIs that represent different areas of a business, all in one place. Companies benefit from faster and more accurate data collection, instant reports on performance, and alerts when a key performance indicator is over or under achieving. KPI dashboard software centralizes businesses data, while simplifying real-time reporting to always give them a competitive edge.

Project Implementation Method

The backend would be implemented on python whereas the frontend would be implemented on Django web framework. Google Chrome would be used to run and test the application.

Benefits of the Project

• Improved Tracking and Monitoring

Setting key performance indicators lets you track the results of your efforts in ways that help you make real-time adjustments and change your strategies, if necessary. When setting KPI, include dates or sales volumes that trigger reviews.

• Earlier Problem Spotting

Setting key performance indicators lets you spot problems earlier than if you simply rely on sales data to gauge your performance. For example, if your sales are high, you might not notice that you are not reaching your projected profit levels because of excess customer service and return costs. Setting customer satisfaction key performance indicators can help you spot production or service problems before you get the financial reports that would identify these problems much later.

• Improved Marketing Flexibility

Knowing as early as possible what marketing efforts are working better than expected and which are not allow you to shift your advertising and promotion dollars to media and promotions that maximize your return on these investments. For example, coupons from magazine ads or website traffic reports can tell you if you need to boost or cut back your spending in those areas.

• Performance Visibility

Keeping actual metrics visible to everyone such as scores shows who is; and more importantly who is not performing.

• Provide a systematic approach to KPI reports

A common, more organized and structured approach delivers better results. Creates best practice and process within your business.

• Allow users, managers and companies to measure and manage targets and goals.

• Use KPI to track project performance and report to project shareholders.

• Keep the right people within an organization kept up-to-date with business KPI performance.

• Intuitive snapshot of performance against goals.

• Collate all KPI data conveniently in one place – no need for over complex, unreliable spread sheets.

• Supports multi-site / locations / departments for a view of the whole organization.

• Transparency of performance at all levels.

• Online access anytime.

• Track the impact of initiatives.

• Easily measure individual, department and office contributions – accurately, clearly and objectively.

• Translate vision and strategy.

• Highlight organizational weakness and set KPIs to improve performance.

• A single concise management tool for operational performance.

• Gain a competitive advantage.

Technical Details of Final Deliverable

This system will operate on desktop as well as on some browsers including Google Chrome or Opera which would include HTML5.

Final Deliverable of the Project Software SystemCore Industry ITOther IndustriesCore Technology Big DataOther Technologies Artificial Intelligence(AI)Sustainable Development Goals Decent Work and Economic Growth, Responsible Consumption and ProductionRequired Resources

Item Name	Type	No. of Units	Per Unit Cost (in Rs)	Total (in Rs)
			Total in (Rs)	70000
core-i5 System with 16GB RAM	Equipment	1	70000	70000