Business Justification BI

Business Justification BI

1. Conscious, methodical transformation of data

   • Transform from an environment that is reactive to data to one that is proactive
     • Automate and integrate as many steps and functions as possible

2. BI decision-support

   • facilitate many activities
     • OLAP
       • Data mining
       • Forecasting
       • Business analysis
       • Balanced scorecard preparation
       • Visualization; querying; reporting and charting
       • Geospatial analysis

3. Consolidating data from the many different enterprise operational systems

   • BI as seamless integration of operational front-office applications with operational
     • Help enterprises manage and integrate ongoing investments

4. Components

   • Data warehouse
   • Data sources
   • Data mart
   • Query and reporting tools

5. Business value of BI

   • Enterprise data
   • Right access information
   • Management of the business
   • ETL
   • Real time decisions
   • High operational efficiency

6. BI helps to play safe

   • Is measured through its impact in business and by the improvements in critical areas
     • Improve business potency

7. Guidelines for implementing BI

   • (1) Requirements from firm perspective:
     • (2) Details of users and corporate standards:
       • (3) Details of databases, tools and vendors:
         • (4) Others requirements:
           • Details of security measures, user authentication services, database maintenance, backup and recovery procedure, and disaster recovery procedure.
         • Details of BI database decisions
       • Documented and approved BI strategy for external and internal users
     • mission and vision statement.

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