How should I implement smart Business Intelligence solutions

When charting a course for Business Intelligence (BI), companies should first analyse the way they make decisions and consider the information that executives need to facilitate more confident and more rapid decision-making, as well as how they’d like that information presented to them (for example, as a report, a chart, online, hard copy). Discussions of decision making will drive what information companies need to collect, analyse and publish in their BI systems.

Good BI systems need to give context. It’s not enough that they report sales were X yesterday and Y a year ago that same day. They need to explain what factors influencing the business caused sales to be X one day and Y on the same date the previous year.

Like so many technology projects, BI won’t yield returns if users feel threatened by, or are sceptical of, the technology and refuse to use it as a result. And when it comes to something like BI, which, when implemented strategically, ought to fundamentally change how companies operate and how people make decisions, CIOs need to be extra attentive to users’ feelings.

Seven steps to rolling out BI systems:

  1. Make sure your data is clean.
  2. Train users effectively.
  3. Deploy quickly, then adjust as you go. Don’t spend a huge amount of time up front developing the “perfect” reports because needs will evolve as the business evolves. Deliver reports that provide the most value quickly, and then tweak them.
  4. Take an integrated approach to building your data warehouse from the beginning. Make sure you’re not locking yourself into an unworkable data strategy further down the road.
  5. Define ROI clearly before you start. Outline the specific benefits you expect to achieve, then do a reality check every quarter or six months.
  6. Focus on business objectives.
  7. Don’t buy business intelligence software because you think you need it. Deploy BI with the idea that there are numbers out there that you need to find, and know roughly where they might be.

Feel free to contact us by clicking here to hear how we can help with your Business Intelligence

Talk to us today about our outsourcing services. We have specialised and experienced BI consultants ready to help you with your BI project needs.

Arrange Call Back

[contact-form-7 404 "Not Found"]

 

Enjoyed reading? Spread the love
Sign-up for exclusive content. Be the first to hear about game-changing news.
Subscribe
close-image
Twitter

Let's tweet!

Dolphin Networks

SharePoint can allow your business to work, communicate and grow faster. Find out more about how SharePoint can hel… https://t.co/shVh5xZJxH

Dolphin Networks

Check out our new blog '5 Reasons Why We Love WEBCON'! @WEBCON_BPS is a Business Process Solution which can be embe… https://t.co/jvmNaDpI8c

Dolphin Networks

Keep your team in the same stadium! Work with your team from anywhere with a bespoke SharePoint site!… https://t.co/5iMOSF8BNF

Dolphin Networks

Be in sync with a bespoke SharePoint site. Do you have multiple offices either in or outside the country? With a co… https://t.co/083jPOmj6m

Dolphin Networks

All your favorite @Office apps collaborating in one place. Hit a Hole-In-One for your company by booking a SharePoi… https://t.co/6j9OnSgMZC

Dolphin Networks

Business intelligence allows you to quickly analyze parts of your business. Dolphin Networks develop custom dashboa… https://t.co/tTvW48UZvq

Dolphin Networks

See your business fly with Dolphin Networks Business Intelligence solutions. Power BI displays the data you need an… https://t.co/LaWrYpUSYq