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July 6, 2008
Building Business Intelligence Business-Case
Business Intelligence business case can be a simple subject, when a business function is looking for creating a data-mart. In this case the demand comes from business and business has worked out their mathematics to justify the needs. The main issue comes when you are building a business-case for foundation investments for an end-to-end platform.
The example of foundation investments include meta-data repository, enterprise data warehouse platform, enterprise reporting tool etc.. These investments can be of significant order. The responsibility of preparation of business-case comes upon a hurridly appointed "BI champion', who could be CIO, CFO or a major business-head.
Some hard-hitting justifications include regulatory and compliance adherence, customer satisfaction, customer cross-selling and up-selling and avoiding financial write-offs.
Quantifying the business benefits is also a challenge, and one can apply tricks like involving an external vendors and asking specific questions from business owners.
I have placed a page on some of the hard-hitting justifications on the BI, and also some tricks on how one can enhance the benefit quantification impact. Please refer Building Business Intelligence Business case in my portal bipminstitute.com
.Posted by Rajan Gupta at July 6, 2008 8:45 PM
