Select and Implement a Business Intelligence and Analytics Solution
- Of organizations, 84% of CIOs invested in insight and intelligence in 2014; however, just because there is an appetite for BI does not mean the initiative will be an automatic success. In fact, many industry studies found that only 30-50% of organizations considered their BI initiative to be a complete success.
- With the rapidly growing and complex data landscape, organizations are challenged to make sense of the ocean of available data.
- BI is more than software. It has to address business needs and value has to be shown through BI content once the platform is implemented.
- In addition to the established players, numerous emerging vendors continue to mature, creating a dynamic and complicated market space.
- Leverage use cases. Base your vendor selection on your requirements and use case, rather than on overall performance.
- Business Intelligence is an organization-wide solution. Engage the business in the selection and implementation to ensure you choose the right tool.
- Business Intelligence is only the beginning; analytics is the end goal. BI helps you be aware of your current situation and understand “why;” BA gives you the forward-facing view to enable strategic decisions for your organization.
- Don’t boil the ocean. Executives need to see it to believe it, making a pilot highly desirable.
Impact and Result
- Evaluate your organization and land yourself into one of our four BI use cases. Find a BI suite that best suits the use case and therefore your organization.
- Understand the ever-changing BI market. Get to know the established vendors as well as the emerging players.
- Define BI requirements comprehensively through the lens of business, data, architecture, and user groups. Evaluate requirements to ensure they align with the strategic goals of the business.
Start here – read the Executive Brief
Read our concise Executive Brief to find out why you should select and implement a Business Intelligence and analytics solution, review Info-Tech’s methodology, and understand the four ways we can support you in completing this project.
Launch a BI selection project
Promote and get approval for the BI selection and implementation project.
Select a BI solution
Select the most suitable BI platform.
Implement the BI solution
Build a sustainable BI program.
Book Your Workshop
Onsite workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn't enough, we offer low-cost onsite delivery of our project workshops. We take you through every phase of your project and ensure that you have a roadmap in place to complete your project successfully.
Module 1: Launch a BI Selection Project
- Identify the scope and objectives of the workshop.
- Discuss the benefits and opportunities related to a BI investment.
- Gain a high-level understanding of BI and the BI market definitions and details.
- Outline a project plan and identify the resourcing requirements for the project.
Key Benefits Achieved
- Determine workshop scope.
- Identify the business drivers and benefits behind a BI investment.
- Outline the project plan for the organization’s BI selection project.
- Determine project resourcing.
- Identify/perform the steps to launch the organization’s selection project.
Identify business drivers for investing in process automation technology.
Identify the organization’s fit for a BI investment.
Create a project plan.
Identify project resourcing.
Outline the project’s timeline.
Determine key metrics.
Determine project oversight.
Complete a project charter.
- Completion of a project charter
- Launched BI selection project
Module 2: Analyze BI Requirements and Shortlist Vendors
- Identify functional requirements for the organization’s BI suite.
- Determine technical requirements for the organization’s BI suite.
- Identify the organization’s alignment to the Vendor Landscape’s use-case scenarios.
- Shortlist BI vendors.
Key Benefits Achieved
- Documented functional requirements.
- Documented technical requirements.
- Identified use-case scenarios for the future BI solution.
Interview business stakeholders.
Interview IT staff.
Consolidate interview findings.
Build the solution’s requirements package.
- Documented requirements for the future solution.
Identify use-case scenario alignment.
- Identification of the organization’s BI functional use-case scenarios.
Review Info-Tech’s BI Vendor Landscape results.
Create custom shortlist.
- Shortlist of BI vendors.
Module 3: Plan the Implementation Process
- Identify the steps for the organization’s implementation process.
- Select the right BI environment.
- Run a pilot project.
- Measure the value of your implementation.
Key Benefits Achieved
- Install a BI solution and prepare the BI solution in a way that allows intuitive and interactive uses.
- Keep track of and quantify BI success.
Select the right environment for the BI platform.
Configure the BI implementation.
- A successful BI implementation.
Conduct a pilot to get started with BI and to demonstrate BI possibilities.
- BI is architected with the right availability.
Promote BI development in production.
- BI ROI is captured and quantified.