Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics for pharmacy trends
    How Data Analytics Is Tracking Trends in the Pharmacy Industry
    5 Min Read
    car expense data analytics
    Data Analytics for Smarter Vehicle Expense Management
    10 Min Read
    image fx (60)
    Data Analytics Driving the Modern E-commerce Warehouse
    13 Min Read
    big data analytics in transporation
    Turning Data Into Decisions: How Analytics Improves Transportation Strategy
    3 Min Read
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: The Problems with BI Development
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > The Problems with BI Development
Business Intelligence

The Problems with BI Development

RickSherman
RickSherman
4 Min Read
SHARE

Stuck-rutBI implementations are stuck in a rut. This rut has short-circuited many small to medium size businesses’ (SMB) new BI initiatives.

Stuck-rutBI implementations are stuck in a rut. This rut has short-circuited many small to medium size businesses’ (SMB) new BI initiatives.  And, it has thwarted existing BI applications at large enterprises that are trying to be responsive to new and changing business analytic requirements.

Business people at SMBs sometimes reject their BI projects before they even deploy because they have already decided that they are not responsive to their analytical needs. So, they revert to their old standby: spreadsheets. Large enterprises likely have one or more BI applications already in place, but they often face large work backlogs of business requests that business people just cannot wait for, so they also revert to spreadsheets. In both scenarios, enterprises are not reaping the business ROI they should have achieved from their BI initiatives.

BI vendors, of course, have easy answers to these problems:  buy their products and this backlog will vanish because it only takes minutes to build a new dashboard, report or complete business analysis with their tool. Oh really? Currently the latest BI tools are pitched as self-service BI. It is tempting for enterprises to buy into the self-service BI hype. Business people feel that they can be freed from the IT bottleneck and IT feels that business folks will limit their requests if they have these tools.

More Read

The 2009 Rexer Data Mining Survey – A conversation with Karl Rexer
Decision Management and Reforming Hospitals
How CIOs Can Build Bridges with the Board
Why Artificial Intelligence is The Future of Technology
Back from TDWI

Emerging technologies offered through each new generation of BI tools often do make it easier and faster for people to develop BI analytics, but that is only one ingredient of busting the BI backlog. And it may not even be the most important ingredient.

What are the problems?

A few of the stumbling blocks to greater responsiveness and higher business ROI from BI:

  • Self-service BI approaches, such as data discovery, data visualization and ad-hoc query tools, often are easy enough for business people to use, but without easy access to comprehensive, consistent, clean and current data the resulting BI analysis is not useful for business decision making. The old computer geek term GIGO (garbage in, garbage out) is appropriate.
  • Not all BI tools are business user-friendly, but often it is the power user that uses these tools and not the mainstream business user. Do business people, other than power users, really have time to master a powerful but complex BI tool?
  • The 80/20 rule applies to business requests for BI analytics. Only 20% of the BI requests need to become ongoing production analytics while the rest are either exploratory or one-time types of analysis.
  • In general, IT groups in large enterprises have adopted a formal project or SDLC (Systems Development Life-Cycle) methodology to design, develop and deploy their applications. These methodologies have a formal business requirements process that is great at documenting requirements, but has a tendency to take a long time. What typically happens is by the time the process has completed the business has changed, dropped or created new requirements.

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

cybersecurity essentials
Cybersecurity Essentials For Customer-Facing Platforms
Exclusive Infographic IT Security
ai for making lyric videos
How AI Is Revolutionizing Lyric Video Creation
Artificial Intelligence Exclusive
intersection of data and patient care
How Healthcare Careers Are Expanding at the Intersection of Data and Patient Care
Big Data Exclusive
dedicated servers for ai businesses
5 Reasons AI-Driven Business Need Dedicated Servers
Artificial Intelligence Exclusive News

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

Why Use Reporting Repositories for Business Intelligence?

6 Min Read

The Technology of Decision Management

1 Min Read
Marketing Potential
Business IntelligenceData ManagementMarketing

3 Indispensable Ways to Reach Your Marketing Potential with Data

12 Min Read
improve online marketing with AI
Artificial Intelligence

New AI Advances Increase User Reach with Advanced Targeting

9 Min Read

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

ai chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?