1 / 33

What are the Steps to BI Success?

What are the Steps to BI Success?. Implement successful Business Intelligence Strategy…. THE NEED for Business Intelligence. DETERMINE approach and ACQUIRE software. EXECUTE based upon selection. FOCUS on user adoption to ensure success!. EXPAND to new areas within your organization.

kelsey-woodward
Download Presentation

What are the Steps to BI Success?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. What are the Steps to BI Success?

  2. Implement successful Business Intelligence Strategy… THE NEED for Business Intelligence DETERMINE approach and ACQUIRE software EXECUTE based upon selection FOCUS on user adoption to ensure success! EXPAND to new areas within your organization JUSTIFY SELECT IMPLEMENT ADOPTION EXPANSION

  3. Market Dynamics You Shareholder Concerns Lack of Visibility ? ! ? ? ! ? ! ! ? Macro Uncertainties Global Competition

  4. Users Need TIMELY, ACCURATE, and CONSISTENT Data SUPPLY CHAIN CIO CEO FINANCE SALES & MARKETING “How do we increase revenueand margins while reducing costs across the board???” “I don’t trust the revenue numbers, where does the data come from? It’s quarter end today!” “I have all these open orders – do I have enough inventoryon hand????!” “What is our current customer renewal rate? I need to respond to our CEO today!” “I’m being auditedby the SEC, I needthe last 5 yearsof revenue data today!” • “The backlogof report requestsis OUT OF CONTROL!”

  5. Justify BI

  6. Justify BI It IS……. …more than faster reporting

  7. Justify BIIt’s ALL about profitability Increasingrevenue ReducingCosts ImprovingEfficiencies Better Asset Management

  8. Reducing your AR? Lowering your DSO? Reducing Inventory? Slow-moving Inventory? On-time delivery performance? Retaining customers? Order to cash? Justify BI What is your business case?

  9. To be successful… Justify BI …you must the Business Benefit Opportunity

  10. Justify BIBusiness Intelligence Benefit OPPORTUNITY • Reduced data entry • Reduced report development costs • Reduced error Processing • More efficient administrative and processes • Customer/Product Profitability • More competitive pricing • Improved customer loyalty • Integration of sales, delivery billing and AR Business Intelligence • Real time views across business processes • Real time alerts to operational problems • Trend analysis on Inventory & AR • Real time information for direct customer interaction • Executive dashboards • Consistent use of KPI’s • Real time access to data • Fewer silos between apps

  11. BI Selection

  12. BI Selection Now that you have a business case… …where do you start?

  13. Unlocking the Data ?

  14. Company Name Amount Level of Detail Account Business Unit Code Oracle E-Business, PeopleSoft and JD Edwards Data:How to Handle the Complexity

  15. RapidDecision is a Pre-Built Data Warehouse for E-Business, PeopleSoft, and JD Edwards Receipt Sales Order Shipment Supplier Customer Purchase Order Item Work Order Voucher Invoice GL Transaction JD Edwards PeopleSoft E-Business Other Data Sources • TRANSFORM • RENAME • TRANSLATE • RENUMBER • CUSTOMIZATION

  16. A B C D EBS • Translate Transform Renumber • Rename ETL/ CDC PSFT Business Intelligence Repository JDE Other Sources SAP Business Objects Data Services

  17. BI Selection Major Players Minor Players • IBM/Cognos • Microsoft • MicroStrategy • Oracle • SAP Business Objects • Noetix • Cetova • Insight Software (GL Company) • QlikView • Q4biz

  18. BI Implementation

  19. BI Implementation YOU HAVE TO HAVE A PLAN Requirements Expectations Execution Rewards

  20. BI Implementation YOU HAVE TO HAVE A PLAN Requirements Expectations Execution Rewards A successful BI implementation involves: • Gathering requirements • Training • Planning • Project management

  21. BI Implementation Don’t set the expectation that EVERY issue will be solved YOU HAVE TO HAVE A PLAN Requirements Expectations Execution Rewards

  22. BI Implementation Define, identify, deliver • Define the path • Identify the team • Keep deliverables set to 4–6 weeks YOU HAVE TO HAVE A PLAN Requirements Expectations Execution Rewards

  23. BI Implementation Rewards: Tie to results The upside potential in cost savings FAR outweighs the acquisition cost YOU HAVE TO HAVE A PLAN Requirements Expectations Execution Rewards

  24. BI Implementation Implementation can be easy... …getting the value from the technologycan be hard

  25. BI Adoption

  26. BI Adoption • Executive Sponsor must help drive BI • BI should be accessible to ALL levels of the Organization • Training • Establish a BI Center of Excellence Ensure their BI solution is rolled out to their entire End User community

  27. Expansion

  28. Expanding BI Expand your BI solution to increase net ROI • Expand to new subjects • Expand as intranet • Expand as extranet

  29. Conclusion Improve the process... …with targetedinformation • Implementing a business intelligence (BI) program takes more than just installing the technology • A successful BI program involves a set of concepts and methods designed to improve the business decision-making process by putting targeted information into the hands of those who need it most

  30. Invitation to free monthly webinar: RapidDecision provides educational webinars, scheduled monthly. These webinars are designed to show you how, as an Oracle e-Business, PeopleSoft or JD Edwards customer, you can rapidly implement a data warehouse. RapidDecision attends all the major Quest meetings, participating in the elective sessions and Exhibitor Showcases.

  31. Take a Test Drive……

  32. What are the Steps to BI Success? Questions andAnswers

  33. To Learn More About RapidDecision or to Arrange a Demo Call:800-775-4261 ext. 5812 Email:info@rapiddecision.net Visit:www.rapiddecision.net

More Related