Originally published on April 7, 2013
I’ve been looking into Business Intelligence and the capabilities it can provide for business and societies at large.
While at RIM, I led the creation of some in-house tools for the purposes of Risk Management and Business Intelligence.
And now, after all this time, I finally got a chance to tinker with the BETA version of one of the best BI Tools out there. This was based on the request of one of the executives from that company. I just kind of bumped into them on the Internet (power of social media)
Now, as an Analyst, I’ve spent a considerable amount of time on various tools to be able to appreciate something like this. This technology has a couple of unique feature set. We are talking about:
The value system of an organization is what sets it apart from the competitor. There is no denying the fact that the outlined mission, vision and goals outlined for an organization is what actually makes the company what it is. The prevailing culture is also very important, as it allows for the collective energies to be harnessed and for the vision to direct all of that in a particular direction. The quality of the players is of paramount importance.
That being said, Business Intelligence and Analytics should also be a big part of the day to day operations and strategic decision making.
Even in an era, where Technology is pervasive, most organization often find themselves in a situation, where there is a complete disconnect between what the outlined vision really is and what the workforce is actually doing.
Business Intelligence can help. So at the bare minimum, teams and individuals know what their outlined goals would be and how they contribute towards the overall success of the organization.
In fact, after looking at the capabilities, I now question how any organization can make truly effective decisions, without leveraging some sort of a BI suite of applications.