Blog | Apr 5, 2013
BI Best Practices Series (Part 1 of 6): Think Big, Start Small ...
Kevin ORourke -TriCore Solutions LLC
Best Practices in BI: Think Big, Start Small. Ensuring a Successful BI / Big Data Project
Part 1 of 6: Introduction
Organizational Velocity of Change.
Organizations have made strategic decisions and substantial investment in people, process and technology. Strategic investments have traditionally focused on business process efficiency, increased responsiveness to customer demand, real-time information requirements, competitor landscape and compliance. As organizations respond to such complexities, several interesting patterns emerge.
Why organizational diversity causes information silos.
Organizations have made significant investment in application software designed to support and improve one or more critical business processes. Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Supply-Chain Management (SCM) business application platforms often coexist with legacy applications supporting other business areas. While organizations strategically attempt to standardize applications and processes, most have not successfully reached this end goal. As a consequence, most organizations remain disconnected and in silos at least in part. An information silo is considered logically correlated but physically it is not. Further investments are made to focus on Enterprise Application Integration (EAI) and Data Integration (DI) platforms which serve to establish and maintain a connected process and information environment.
How information silos propagate in non-standardized ways.
Most ERP, CRM, SCM and legacy business applications have some form of Reporting and Analytics support. Such Reporting and Analytics components are integrating directly into the business application, often providing commercially off the shelf (COTS) products, services and development tools. Such reporting and analytics offer solutions which are not integrated to other application data. In response to servicing consumer demand, IT will use manual integration processes to stitch systems together in order to meet consumer requirements.
How organizational BI standardization goals evolve.
The velocity of organizational change and disparate business environments have created the need for an environment that enables all critical business processes to be holistically connected. Information is one of the most valuable assets to any organization. True organizational responsiveness begins with an alignment of business strategy to a business intelligence platform that can effectively measure business success supporting that strategy. Information must be factual, timely and relevant, thus ultimately solving a business problem. A holistic view of the organization is critical. Savvy organizations rely on collaborative BI applications to manage business intelligence activities. The overall design intent of the application needs to provide several critical areas.
Thank you for reading Part 1 of our BI Best Practices Series Think Big, Start Small. Please refer to the links below for other Parts in the series:
We hope you enjoy other topics in the series as follows: