{"id":203,"date":"2013-10-28T16:18:21","date_gmt":"2013-10-28T20:18:21","guid":{"rendered":"https:\/\/solutionsreview.com\/business-intelligence\/?p=203"},"modified":"2016-09-29T15:00:29","modified_gmt":"2016-09-29T19:00:29","slug":"things-to-consider-when-evaluating-business-intelligence-solutions","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-intelligence\/things-to-consider-when-evaluating-business-intelligence-solutions\/","title":{"rendered":"Things to Consider When Evaluating Business Intelligence Solutions"},"content":{"rendered":"

\"Choosing<\/a>Data seems to be everywhere these days. Our past activities and actions seem to allow us to make decisions in future situations and predict outcomes based on what has happened in the past. This concept is no different in the business world. Past employee production, customer transaction and supply chain performance have all been compiling into a heap of data that can be used to make better decisions and predict outcomes that can help optimize business processes and outcomes.<\/p>\n

This concept has been dubbed Business Intelligence (BI) and can be defined as a set of theories, methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information for business purposes. As with any other technology solution in order for it to truly work and transform business processes the right evaluations need to be made. This is especially the case in order for businesses to unlock the potential of BI. The following are a few suggestions from SmartData Collective of the type of things one should be looking for when evaluating potential BI solutions.<\/p>\n

\u201cFlexible Change<\/strong><\/p>\n

Business intelligence is no longer just an answer for large corporations.\u00a0 Customized applications are now available that collaborate with the existing infrastructure.\u00a0 The solution is intended to save time and money, thus a mass overhaul of systems is counterproductive to the cause\u2026.\u201d<\/p>\n

\u201cThe Option to Grow<\/strong><\/p>\n

The top applications are scalable and designed to grow with the organization.\u00a0 This organic development not only increases productivity but improves efficiency as well.\u00a0 A good business intelligence solution will assist a company in developing resilience against surmounting issues like data deduplication, security, loss of data and redundancy\u2026.\u201d<\/p>\n

\u201cEngage Business Units<\/strong><\/p>\n

Accessibility must be taken into consideration when choosing a suitable B.I. solution.\u00a0 It should be easily managed with a single point of maintenance.\u00a0 Key factors like usability and functionality for the end user are important as well\u2026.\u201d<\/p>\n

\u201cReporting and Analysis<\/strong><\/p>\n

Consolidation of data is the main drive in the development of business intelligence.\u00a0 Data deduplication is a growing necessity due to the increase in mobility. \u00a0Organizations must now deal with increasing demands, higher degrees of accuracy, firmer controls and tighter timelines\u2026.\u201d<\/p>\n

\u201cCost Effective<\/strong><\/p>\n

Affordability is always the driving factor.\u00a0 Streamlining a process becomes futile if the cost of doing so is astronomical.\u00a0 A business should first determine their exact needs and set the course accordingly\u2026.\u201d<\/p>\n

Click here to read much more<\/a> on these suggested features and capabilities to look for when evaluating BI solutions from SmartData Collective.<\/p>\n

Check out these additional resources:<\/h3>\n

2016 Business Intelligence and Data Analytics Buyer\u2019s Guide<\/a><\/strong>\"BI_Data<\/a><\/div><\/p>\n

BI and Data Analytics Buyer\u2019s Matrix: Comparing 28 Vendors Features<\/a>
\n<\/strong>\"Business<\/a><\/div><\/p>\n

Gartner Magic Quadrant for Enterprise BI and Data Analytics<\/strong><\/a>
\n\"Gartner<\/a><\/div>
<\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"

Data seems to be everywhere these days. Our past activities and actions seem to allow us to make decisions in future situations and predict outcomes based on what has happened in the past. This concept is no different in the business world. Past employee production, customer transaction and supply chain performance have all been compiling […]<\/p>\n","protected":false},"author":2,"featured_media":246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"yoast_head":"\nBusiness Intelligence Solution Consideration - What you Must Have<\/title>\n<meta name=\"description\" content=\"Business Intelligence (BI) is a set of theories, methodologies and technologies that transform data into meaningful and useful information for businesses.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/business-intelligence\/things-to-consider-when-evaluating-business-intelligence-solutions\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta 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