Hi Folks,
This post is part of Series Business Intelligence – Tools & Theory
Currently running topic for this series is listed as below :
Series Business Intelligence – Tools & Theory
>>Chapter 1 : Business Intelligence an Introduction
>>Chapter 2 : Business Intelligence Essentials
>>Chapter 3 : Business Intelligence Types
>>Chapter 4 : Architecting the Data
>>Chapter 5 : Introduction of Data Mining
>>Chapter 6 : Data Mining Techniques
>>Chapter 7 : Introduction to Data Warehousing
>>Chapter 8 : Different Ways of Data Warehousing
>>Chapter 9 : Knowledge Management
>>Chapter 10 : Data Extraction
>>Chapter 11 : Business Intelligence Life Cycle
>>Chapter 12 : Business Intelligence User Model<You are here>
Continuing from my previous post on this series, If you have missed any link please visit link below
We are going to Cover the Following Points in this article
- Business Intelligence Opportunity Analysis Overview
Business Intelligence Opportunity Analysis Overview
While planning a BI program the change management feature cannot be underestimated. BI is considered as the deployment of technology where the technology only forms 10% of the implementation. The balance is in combining BI into operational processes and also helping the business users to adapt to the BI capability which helps to support the activity management and the decision making. The answer to a successful BI program rollout is to recognize the BI opportunity in a crucial part of the business, where the result can be measured and linked directly to the core business objectives. Once the first „high profile‟ small rollout becomes successful, it can be used to win other BI initiatives within the organization.
There are three separate phases which will direct the organization to recognize the BI opportunities. They are:
1. Defining Business Requirements: The assessment of the value of BI in various parts of the business in terms of user and information needs with respect to measure, dimension and level of detail.
2. Developing BI blueprint: The gain of input from the business on the possible BI impact and comparing all the information acquired from the requirements assessment into a simple blueprint format.
3. Evaluating BI alternatives: The findings of the requirements can be based on the assessment and the outcome of the BI Blueprint, where the BI‟s alternative can be assessed in terms of the importance and the possible difficulty of implementation.
The BI solutions gains 90% of the business users across most of the functional areas. It is therefore important to use a formal method to identify, define and evaluate each of the BI opportunity.
BI has to be understood which helps in making the selection of the first few implementations vital to the overall acceptance by the BI business capability. A good result in displaying the effect of empowered employees will help boost morale and also the desire of other functional areas to apply BI.
Hope you will like Series Business Intelligence – Tools & Theory series !
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