Choosing a Business Intelligence Standard

Business intelligence is assuming a strategic role entrustcapital as more organizations look for ways to make the most of the information stored within their operating systems. A joint project of business intelligence gets a rate of return on investment (ROI) over 430 , but due to the fragmented implementation of these projects, organizations are unable to benefit fully from the global data analysis. The standardization with business intelligence ensures a very strong ROI by reducing costs in the purchase of tools, implementation and training. The needs of each organization are different, but the criteria for a standard business intelligence can be grouped generally into three main areas of needs. functional capacity. The ability of a product to guide business intelligence needs of the user. Functional coverage, it is very possible that is not a product suite to meet all their business intelligence needs. Your goal should be to reduce the number of standards it supports, without submission of an overlap between the different types used. User profiles, should assess EnTrust Capital the different tools against the specific requirements of their end users. Because there the so-called “typical user,” you must first decide to group or segment their users into different profiles. Examples of appropriate profiles include executives, analysts, business users in general, and external users such as customers and partners. Infrastructure Requirements. To what extent the product meets the infrastructure requirements of the organization to the extent that it EnTrust Capital Diversified Fund fits with the architecture, progression and existing extension. Standards Architecture the products Managing Partner you choose will be able to integrate with their existing investment and meet the requirements of its architecture. Management Tools must ensure the performance and system security with low maintenance costs. The business intelligence standard you choose should bear the administrative levels of the different aspects of information systems. Criteria of Supplier. The ability of the provider chosen to handle current and future projects in terms of stability, resources and experience. Financial Stability, the supplier’s ability to emerge victorious after the storm, is a very important factor in choosing a strategic supplier.For a global standard, you should choose a leader in the market which have a stable record. “Ecosystem” of the Provider to implement a global standard, must take into consideration not only the services available from the supplier directly, but also extending the network of supplier partners for consulting and training, availability of employees trained in technology business intelligence, and how companies are using the products.