Best Practices for Business Intelligence

Business intelligence is more than just software. For a successful implementation, businesses need to have the right processes and infrastructure in place in addition to the right business intelligence applications.

Unfortunately, a lot of implementations aren’t successful. According to a 2011 report from Gartner, 70%-80% of business intelligence projects fail.

In order to prevent that, here are some of the best practices organizations should follow when they formulate their business intelligence strategy:

  1. Decide whether you need business intelligence
  2. Standardize systems and processes
  3. Focus on usability
  4. Get the data ready

 

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