BI tools

Establishing goals and criteria for project evaluation

• •     Automation of controlling (saving time spent on data acquisition, processing and reporting)
  •     Business process support (supporting a specific decision-making process, financial metrics (e.g., inventory reduction by X%), number/value of ideas/improvements through the use of BI (subjective evaluation by users))
  •     Developing a culture of data discovery (number of BI queries, number of requests for new reports, working time of users, utilization rate, number of ad-hoc queries generated by users)

Defining the requirements for the BI platform

• •     What is the annual cost of licenses for key users in the company?
  •     Does the app run in the cloud or also on-premise?
  •     Is it possible to work on mobile devices?
  •     Is BI visually appealing?
  •     Does it offer easy access to data and convenient viewing of relevant information?
  •     Is it safe?
  •     Does the system allow to clean, combine and model the data?
  •     Does the system offer integration with the company’s existing systems (ERP/CRM/MES etc.) directly or via API?
  •     Does it allow to interact with the data in a visual interface or does it require coding?
  •     Does it allow “drill down” and “drill through” actions?
  •     Will I be able to design dashboards and reports on my own?
  •     Is the application in the spirit of “self-service” or does it require technical competence?
  •     Does it allow to visualize geographic data?
  •     Is it easy to learn this application?
  •     How developed is the market for professional service providers for this application?
  •     Can I collaborate with others on data analysis and share analyses?

    3. Pre-selection of solutions

   

  

  4. Proof of Concept

  

  5.  Functionality tests

  6. Determining the total budget of the project
  7. Identification of risks
  8. Summary of results and preparation of recommendations