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In this twenty-first century, every organization strives to be an intelligent enterprise - to be able to make sound decisions based on insights from KPIs. At Tenddeapact Solutions, we make sure this effort is maximized. Business Intelligence has been around for years but seems to be the latest buzz from business practitioners and academics. It is an organized and systematic process by which organizations acquire, analyse, and disseminate information from both internal and external information sources significant for their business activities and for decicion making (Loennqvist, and Pirttimaeki 2006).
Business Intelligence is not always an easy task. The old technologies, the old pricing, and the old approaches used for business
intelligence products are not well suited to today's environment. Spreadmarts are the widely used BI tool, however, these spreadmart solutions have many issues of their own, including security, data quality, consistency, scalability, maintenance costs, and lack of many important BI features. At Tenddeapact Solutions we have embraced the Agile BI initiative which encompasses:
• Technology: Provides integrated design, modelling, and visualization tools.
• Participants: Expands the BI developer base.
• Processes: Enables new behaviours and new BI use cases.
• Deployment: Enables migration between desktop, public/private clouds, and on-premise
environments.
• Economics: Reduces the overall costs and allows incremental spending as value is realized.
Our methodology is:
(1) Identify the sources of data needed (internal/external), Identify the data needed, with care
not to include those not needed.
(2) Check data for quality and usability. Treat data as an asset.
(3) Create a master data management system for change management purposes. A system that
will carry IT and end-users along.
(4) Choose high-productivity tools that fast-track project cycles like a rich graphical data
extract, transform, and load (ETL) designer.
(5) Create or use collaborative software or tools to facilitate the agile environment, for example, a 'word cloud' tool like 'RetroCloud' for logging
progress on a BI project.
The above methodology will only be effective if all parties involved are continuously educated to enable best practice and self-service while using BI for decision making and support.
If the methodology in BI projects are right, businesses will be on track to creating better value and competitive advantage. Being able to deploy BI initiatives quickly to create insightful dashboards from selected KPIs resulting from CSFs is key.
At Tenddeapact Solutions, we have the expertise to make your organization and intelligent one.
Contact us with you business needs and/or call us in to have a look at how things are being done presently with the intention of making it better.
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