5 Mistakes To Avoid When Buying BI Software

Businesses around the world see business intelligence as a form of investment that they need in order to succeed. In response to the booming need for business intelligence, there are a lot of available options for business intelligence tools, software, and solutions that tend to be perfect (when you match them to the right requirements)….

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5 Mistakes To Avoid When Buying BI Software

Businesses around the world see business intelligence as a form of investment that they need in order to succeed. In response to the booming need for business intelligence, there are a lot of available options for business intelligence tools, software, and solutions that tend to be perfect (when you match them to the right requirements)….

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Failing To Identify Who Needs Access To Data

Don’t adopt BI for BI’s sake. Instead, identify the processes and teams that can benefit the most from a BI tool. Millions of dollars are being invested by different companies around the country in Business Intelligence tools. However, not everyone knows how to use the data they have or identify who needs to use what….

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Failing To Create User Personas

BI solutions require a significant investment, yet they often provide little or no value to the organization because the system does not match user requirements. In the previous chapter, we have discussed how unrestricted access to information for everyone can be a huge mistake that many businesses have been committing in the age of digital…

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Not Understanding Your Data Sources

Without a robust understanding of the data itself, decision-makers can’t hope to choose a platform that will meet business requirements. In the previous chapter, we have discussed how failing to create and customize user profiles can be detrimental to your business, no matter how much you spend on your BI solutions or any BI tool…

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Looking For A One Size Fits All BI Tool

Your technology investments must serve the needs of your business to be effective. In the previous chapter, we talked about how the lack of understanding of the available data can harm the company in terms of analytics and business intelligence. When it comes to BI, it is a mistake to assume that a single solution…

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Assuming That Your Current BI Solution (Or Lack Of) Is Working

The needs of your business will change over time. Are your BI tools changing with you? Previously, we learned how a one-size-fits-all solution would cause you more harm than good in your business. Business intelligence is not a “set it and forget it” type of investment. Just because you’ve got a solution in place doesn’t…

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Next Steps – Avoid The Common Mistakes When Buying BI Software

Executives commit these mistakes because they fall prey to the marketing buzz (in many cases, hype) that BI vendors tend to push. High pressured sales pitches, fast-moving demos, emails with lots of case studies showing amazing results. It’s easy to think going with the vendor that everyone else seems to be using is the smart…

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