ESRI's Business Analyst Online Provides Tools and Data to Solve a Complex Business Problem
Written by ESRI
Wednesday, 07 May 2008
College Students Use GIS in Business Intelligence Competition Held at AITP's National Collegiate Conference
Redlands, California—For the second year, ESRI provided geographic information system (GIS) software and staff resources to assist in the design, staging, and judging of the Business Intelligence (BI) Competition at the Association of Information Technology Professionals (AITP) annual National Collegiate Conference held March 27–28, 2008, in Memphis, Tennessee.
The BI Competition was hosted by Central Michigan University (CMU) and the Central Michigan University Research Corporation (CMU-RC). The objective of the competition was to introduce the use of GIS and BI software tools to a large audience of future technology leaders. "We chose ESRI's Business Analyst Online software because it is a true BI tool that combines GIS technology with extensive business, consumer, and demographic data to deliver relevant reports and maps," says Roger Hayden, CMU-RC. "The software was also easy for us to integrate into the competition because it is a Web-based solution and doesn't require that any additional software be installed on the participants' computers."
Sixteen undergraduate and four graduate teams were given four hours to solve a business problem that involved prioritizing potential retail store locations from a list of six available sites. A budget of $85 million and a set of key factors were part of each analysis. Participants used ESRI's Business Analyst Online trade area analysis tools, such as drive-time and buffer analyses, and the reporting functionality to generate demographic, consumer spending, market potential, and retail marketplace profit reports to derive revenue-to-asset ratios based on primary, secondary, and tertiary service areas for each potential site. Contestants used the Excel data retrieval feature in Business Analyst Online to make the query results readily available for their continued economic analysis in a spreadsheet.
The participants' task was to use Business Analyst Online and the included data to determine the retail site location or locations containing the highest revenue-to-asset ratio that could be constructed within the $85 million budget. Most participants had no experience using GIS software prior to preparing for this competition; however, they found Business Analyst Online to be an intuitive software tool to use.
"Business Analyst Online comes with comprehensive documentation and well-organized tutorials that made it easy for most of the students who had never used the software to get up to speed quickly," says Tim Pletcher, CMU.
Findings were presented to a panel of judges in a three-page executive summary including maps as appropriate. The top three graduate and undergraduate placements received awards. Honorable mention awards were also provided.
The undergraduate winners were
· First place: Zach Waugh, Nick Tuttle—Oklahoma Panhandle State University
· Second place: Nathan Bower—University of Alaska, Anchorage
· Third place: Steven Bauer, Matthew Brickner—Central Michigan University
The graduate winners were
· First place: Adeyinka Owotuyi, Iris (Yuyin) Qiu—Central Michigan University
· Second place: Robb Winkie—Missouri Western State University
· Third Place: Shirish Modi, Nilesh Hardikar—University of Central Missouri
"ESRI is proud to partner with AITP and the National Collegiate Conference," says Simon Thompson, commercial business industry manager, ESRI. "We are committed to providing the best education for future business leaders and are pleased to offer hands-on experiences to show how the geographic advantage benefits companies."
ESRI is continuing to offer more GIS education in the business environment. As part of this ongoing effort, ESRI teamed up with the University of Redlands to develop a special Academic Track to be featured at the 2008 ESRI Business GIS Summit. The Academic Track was specifically designed for universities and academic professionals looking to develop or expand GIS education in traditional business curricula. A special session also explored the potential creation of a national business certificate in GIS program. The Academic Track took place on Wednesday, April 30, 2008, at the Drake Hotel in Chicago, Illinois. To learn more, please visit www.esri.com/bizsummit.
###
About ESRI
Since 1969, ESRI has been giving customers around the world the power to think and plan geographically. The market leader in GIS, ESRI software is used in more than 300,000 organizations worldwide including each of the 200 largest cities in the United States, most national governments, more than two-thirds of Fortune 500 companies, and more than 7,000 colleges and universities. ESRI applications, running on more than one million desktops and thousands of Web and enterprise servers, provide the backbone for the world's mapping and spatial analysis. ESRI is the only vendor that provides complete technical solutions for desktop, mobile, server, and Internet platforms. Visit us at www.esri.com.
See more threads and details about Glenn's AnyGeo Weblog HERE The Editor (Glenn) started the AnyGeo blog some time ago and the threads are now also mirrored here at GISuser.com - RSS feed is available to add to your favorite news reader.
Featured Events
GITA 17th Annual GIS for Oil & Gas Conference and Exhibition, set for Sept. 21-24, 2008 - The conference is the only event of its kind, devoted exclusively to geospatial applications and technologies for all aspects of the oil and gas industry.
GeoInt 2008 - Join us for the 5-year anniversary of the GEOINT SYMPOSIUM October 27-30 in Nashville, Tenn., where you'll have an unparalleled opportunity to learn, network and discover as we discuss the importance of being Mission Focused while Transitioning to the Future.
GITA's First Annual GIS for Oil & Gas Conference - The GIS for Oil & Gas Calgary Conference will build on the momentum from GITA’s GIS for Oil & Gas Conference held in Houston, Texas, every September. Nov. 6-7, 2008, Calgary Marriott Hotel, Calgary, Alberta, Canada