Business Intelligence should provide you with better decision making and lead to increased revenues and/or reduced costs. Before embarking on any Business Intelligence project however, you should consider a number of key factors that will allow you to better frame and scope your requirements. This will ultimately lead to you selecting the right tools for the job.
For example, how many of your users need Business Intelligence, and do these users require self service tools to allow them to build their own data sets, or do they need access to pre-defined data sets? The skill-set of your users is something to consider here as Business Intelligence solutions are becoming easier to use which can reduce the reliance on internal IT Departments. You may have heard the phrase "Business Intelligence for the masses" and this long held dream is now becoming a reality for many organizations.
Additionally, data warehousing and the whole extract, transform and load (ETL) process should be subjected to a logical and rational thought process, not least due to the fact that streamlined processes are more readily available than ever before. It is vital to stop and consider exactly what data is required, how it can be accessed successfully and how to make it usable.
At Raving Mad About we can offer a range of Business Intelligence solutions and allows us to help you with weighing up the various factors involved, help you make sense of the process, and arrive at a realistic approach to business intelligence that can help you navigate through this difficult financial period.
Please review our Microsoft Business Intelligence section for information on tools more »
Please review our Web Intelligence section for information on this existing side of Intelligence more »