MyPage is a personalized page based on your interests.The page is customized to help you to find content that matters you the most.


I'm not curious

Business Intelligence Software is Only as Good as its Inputs

Published on 11 January 13
2106
1
0

Remember the saying, "garbage in, garbage out"? For example, Microsoft Word is one of the best word processing programs in existence. However, a 30,000 word document created by someone with limited grammar and spelling skills will be junk compared to a 30,000 word document created by an accomplished writer.

The same is true of business intelligence performance management software. While you may have the best software in the industry, if you input nothing but garbage, you'll be dissatisfied with the reports it generates. In this case, it's not so much the user who affects the quality of the business intelligence; it's the data sources and inputs used.

In order to improve business intelligence performance management, it's important to improve the quality of the data feeding into the business intelligence software. As part of your implementation, you should have a thorough understanding of the needs of the users of the information as well as the key metrics that will best serve those users. The idea isn't so much to deliver a high volume of information to each dashboard; it's to deliver the right information.

Key considerations include:

  • Business drivers â�� What affects the company, its industry, or its customers?
  • Business strategies â�� What does the company want to accomplish?
  • Business culture â�� What is most important to the company?
  • Industry trends â�� What trends and patterns are emerging in the industry?
  • Functional perspectives and needs within the business â�� How do perspectives on data vary between internal departments?
  • Correlated factors â�� How can you ensure that decisions based on information don't have unintended consequences?

These factors should be considered long before investing in business intelligence software. By understanding needs and metrics before implementing business intelligence performance management software, you can build a solution that delivers the right type of information to users and avoid the garbage in, garbage out problem altogether.

Remember the saying, "garbage in, garbage out"? For example, Microsoft Word is one of the best word processing programs in existence. However, a 30,000 word document created by someone with limited grammar and spelling skills will be junk compared to a 30,000 word document created by an accomplished writer.

The same is true of business intelligence performance management software. While you may have the best software in the industry, if you input nothing but garbage, you'll be dissatisfied with the reports it generates. In this case, it's not so much the user who affects the quality of the business intelligence; it's the data sources and inputs used.

In order to improve business intelligence performance management, it's important to improve the quality of the data feeding into the business intelligence software. As part of your implementation, you should have a thorough understanding of the needs of the users of the information as well as the key metrics that will best serve those users. The idea isn't so much to deliver a high volume of information to each dashboard; it's to deliver the right information.

Key considerations include:

  • Business drivers â�� What affects the company, its industry, or its customers?
  • Business strategies â�� What does the company want to accomplish?
  • Business culture â�� What is most important to the company?
  • Industry trends â�� What trends and patterns are emerging in the industry?
  • Functional perspectives and needs within the business â�� How do perspectives on data vary between internal departments?
  • Correlated factors â�� How can you ensure that decisions based on information don't have unintended consequences?


These factors should be considered long before investing in business intelligence software. By understanding needs and metrics before implementing business intelligence performance management software, you can build a solution that delivers the right type of information to users and avoid the garbage in, garbage out problem altogether.

This review is listed under Data & Information Management Community

Related Posts:
View Comment (1)
Post a Comment

Please notify me the replies via email.

Important:
  • We hope the conversations that take place on MyTechLogy.com will be constructive and thought-provoking.
  • To ensure the quality of the discussion, our moderators may review/edit the comments for clarity and relevance.
  • Comments that are promotional, mean-spirited, or off-topic may be deleted per the moderators' judgment.
  1. 05 July 21
    0

    Great article for business intelligence. Business Intelligence is also known as BI is an amalgamation of technologies, tools, practices, and applications. They help firms to collect, analyze, integrate and present raw data into valuable insights. https://www.ezlytix.com/

You may also be interested in
Awards & Accolades for MyTechLogy
Winner of
REDHERRING
Top 100 Asia
Finalist at SiTF Awards 2014 under the category Best Social & Community Product
Finalist at HR Vendor of the Year 2015 Awards under the category Best Learning Management System
Finalist at HR Vendor of the Year 2015 Awards under the category Best Talent Management Software
Hidden Image Url

Back to Top