By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    data-driven image seo
    Data Analytics Helps Marketers Substantially Boost Image SEO
    8 Min Read
    construction analytics
    5 Benefits of Analytics to Manage Commercial Construction
    5 Min Read
    benefits of data analytics for financial industry
    Fascinating Changes Data Analytics Brings to Finance
    7 Min Read
    analyzing big data for its quality and value
    Use this Strategic Approach to Maximize Your Data’s Value
    6 Min Read
    data-driven seo for product pages
    6 Tips for Using Data Analytics for Product Page SEO
    11 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: Avoid These Business Intelligence Mistakes
Share
Notification Show More
Latest News
anti-spoofing tips
Anti-Spoofing is Crucial for Data-Driven Businesses
Security
ai in software development
3 AI-Based Strategies to Develop Software in Uncertain Times
Software
ai in ppc advertising
5 Proven Tips for Utilizing AI with PPC Advertising in 2023
Artificial Intelligence
data-driven image seo
Data Analytics Helps Marketers Substantially Boost Image SEO
Analytics
ai in web design
5 Ways AI Technology Has Disrupted Website Development
Artificial Intelligence
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > Avoid These Business Intelligence Mistakes
Business Intelligence

Avoid These Business Intelligence Mistakes

Roman Vladimirov
Last updated: 2014/03/26 at 4:48 PM
Roman Vladimirov
4 Min Read
Image
SHARE
- Advertisement -

ImageBusiness Intelligence can be a powerful tool to help your business thrive, but it can only be beneficial when used correctly. Since this is a growing and changing sector of business, it can be easy to make a few mistakes in establishing and using Business Intelligence software.

ImageBusiness Intelligence can be a powerful tool to help your business thrive, but it can only be beneficial when used correctly. Since this is a growing and changing sector of business, it can be easy to make a few mistakes in establishing and using Business Intelligence software. Here are some of the top problems companies encounter with Business Intelligence:

- Advertisement -

Choosing a BI solution that doesn’t meet your needs 
It’s important to have a clear outline of your goals for Business Intelligence. Otherwise it will be very difficult to get the best end result. SAP reported that if you don’t specify what BI solution you want, you will have a hard time reaping the benefits of this useful business tool.

“These systems cost a company millions, yet sometimes they provide little or no value because there is a mismatch between what is purchased and the needs of the users,” Rita Sallam, an analyst from Gartner, told IT Business Edge. She went on to explain that when you have specific needs to meet, you’ll be able to reap more benefits from BI. “It could be that users need interactive reports, but they can only generate static ones, or that the capabilities are simply not complex enough – or perhaps too complex.”

More Read

ai in ppc advertising

5 Proven Tips for Utilizing AI with PPC Advertising in 2023

5 Ways AI Technology Has Disrupted Website Development
Fortifying Enterprise Digital Security Against Hackers Weaponizing AI
10 Ways How Artificial Intelligence Is Changing the Content Writing Landscape
How IoT Can Be Connected to Business Intelligence

Trying to get too much out of Business Intelligence
Business Intelligence and data analytics have far-reaching capabilities that may be able to help transform your company, but these changes won’t happen overnight. C3 Business Solutions recommended that companies set their sights on smaller benchmarks, as only looking at the big picture will make it harder to achieve long-term goals. It is still important to have one overarching goal, but businesses may want to alter their approach to one that takes smaller, manageable steps to get to that end point.

Figuring out Business Intelligence without a professional
To get the most out of business intelligence, you’ll need to analyze the data, but even if you have analysis tools, you will still benefit from having an expert who is trained in compiling and sorting data. IT Business Edge reported that trying to do this without the help of a BI expert can create delays and cost more than simply hiring someone who knows how to do the work you need.

“Accessing that data is not easy,” Boris Evelson, an analyst from Forrester Research, explained to IT Business Edge. “It’s not just about accessing the database – you need to understand the metadata and how the data is laid out.”

- Advertisement -

Having the right Business Intelligence solutions, trained professionals and realistic short- and long-term goals will help your company reap the most benefits.

Roman Vladimirov March 26, 2014
Share this Article
Facebook Twitter Pinterest LinkedIn
Share
- Advertisement -

Follow us on Facebook

Latest News

anti-spoofing tips
Anti-Spoofing is Crucial for Data-Driven Businesses
Security
ai in software development
3 AI-Based Strategies to Develop Software in Uncertain Times
Software
ai in ppc advertising
5 Proven Tips for Utilizing AI with PPC Advertising in 2023
Artificial Intelligence
data-driven image seo
Data Analytics Helps Marketers Substantially Boost Image SEO
Analytics

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

ai in ppc advertising
Artificial Intelligence

5 Proven Tips for Utilizing AI with PPC Advertising in 2023

10 Min Read
ai in web design
Artificial Intelligence

5 Ways AI Technology Has Disrupted Website Development

7 Min Read
Digital Security From Weaponized AI
Security

Fortifying Enterprise Digital Security Against Hackers Weaponizing AI

11 Min Read
AI-powered content writing tools
Artificial Intelligence

10 Ways How Artificial Intelligence Is Changing the Content Writing Landscape

8 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?