How to implement BI analytics
In order to figure out how to implement business intelligence, you need to understand how to work with it in general.
BI – a program and application for working with the analysis of company data.
There are three important steps to working with BI analytics:
data mining
real-time analytical processing
obtaining information and reporting
The benefits of working with BI are very great. By increasing the speed of data acquisition, you can make management decisions based on BI reports without waiting for IT analytics.Do companies often use BI systems?
Restaurant networks are most active in working with such systems. This is due to the specifics of changing dishes and improving cooking processes.
In retail chains, Wal-Mart is also relevant such an analysis. Amazon and Yahoo, Capital One, they are all active users of this kind of analytics.
Implementation
Before starting the implementation, decide what type of analysis you want to receive, graphs, online reports or paper reports. What will be the completeness of information and quality.
But the main thing is to understand why you will need them and how often they should be provided.
All implementation processes should be thought out and distributed evenly among company employees. All employees must fully understand the new processes and master them. Start with sales. They are always the most active employees who will quickly accept and accept innovations if they really help them make more sales. There are also platforms for IB, helping to create an owl project and test it.
BI analytics startup steps
Check the accuracy of the analysis.
Check how complete information on working with BI was received by all employees
Even if at first there is no perfect result, continue to work and do not stop reporting, so you will identify errors and will not make mistakes in the future
Come up with a “repository” for the data
What are the pros and what to strive for
BI analytics is mainly aimed at reducing the costs of the organization. Therefore, such a system pays for the time resources expended. You can also operate on the data obtained at business meetings, negotiations with partners and customers of the company.
BI is a great tool for managers. It will help the growth and development of your company, competent management and will give high positive indicators.
