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Complementary BI: The New Approach to Business Intelligence

Oco, Inc.
By : Oco, Inc.
INFORMATION
Published : Nov 10, 2008
Length : 12
Type : White Paper
 
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Overview :
Many companies have business intelligence (BI) tools and infrastructure that serve their business’ needs; however, certain functional departments, business units, or key business initiatives often don’t yet have the BI tools that they need in place.  There is a new approach to BI to address those pressing business needs that leverages the existing BI infrastructure and can deliver value to the business in weeks rather than months and at a fraction of the cost of a traditional BI solution. Learn how Complementary BI leverages Software-as-a-Service (SaaS) BI solutions to address targeted business needs in a way that complements in-house BI systems, leading to a win-win situation for business users and IT analytical tools to business users.
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Business Intelligence

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Enterprise Applications

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Return On Investment

 
The role of business intelligence (BI) to help organizations drive top-line revenue growth, profitability increases, operational improvements, and customer satisfaction is well documented. Many businesses have existing business intelligence efforts that serve their business’ needs to some degree, while IT organizations have plans or are in the process of building out a more comprehensive BI solution. Often some business users are serviced well, while many others continue to struggle to get access to the critical data they need to be effective in their jobs. Getting their new reports written or analytical tools deployed is simply not always possible for an overburdened IT organization, that is focused on delivering longer term strategic objectives. Software-as-a-Service (SaaS) business intelligence can be used in a way that is complementary to inhouse BI systems to address targeted business needs more comprehensively.
• It is being used to rapidly address high value, urgent business needs when the IT organization is consumed with other strategic or urgent activities.
• It leverages existing investments and infrastructure, driving increased value to the business by creative IT organizations.
• Solutions are delivered in as little as six to ten weeks and are very affordable.
• Places minimal demands on IT and business users.
• Delivers high user satisfaction, a compelling ROI and significant business benefits in a short period of time.
Complementary BI results in a win-win-win situation for all involved. It provides business users with access to the critical information needed to run their businesses; it allows IT to focus on the strategic projects on their roadmap; and it allows the business to improve its business performance and perform to its potential.
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