Actionable business intelligence

Wed, 21 Nov 2012 20:51:27 +0000

What’s the return on investment (ROI) for business intelligence (BI) projects? Usually, BI outcomes have no direct impact on the business. The decisions made based on BI often require investments of time and effort, and those decisions get the credit for any returns and profits. So how do you measure the success of a BI project?

Gartner says the value is more in the mind than in the books. In my view, BI solutions provide a better view into the business, one that’s often clear, consolidated, and concise. I’ve also noticed that organizations (even individual departments) with BI solutions tend to be better integrated than others. Internal efficiencies come before external impact. These efficiencies might be in productivity, automation, creative decision-making, collaboration, and so on.

Business Intelligence on Trayix

Actionable business intelligence