Essay

An Analysis of Business Intelligence Systems

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The key is clearly defining our focus. To do this, we need to decide what data is most important to us; specifically, what data, if managed in more detail, will help our business reach its goals. Once we have defined our area of interest, we can begin investigating the specific business intelligence software and applications that will apply...
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Once we have defined our area of interest, we can begin investigating the specific business intelligence software and applications that will apply. Additionally, we also need to look at the acquisition of this business intelligence system from a financial standpoint. How much will this system cost us up front, and how much will it cost us over time in software upgrades and patches? Are the financial costs of the system an acceptable trade-off with the expected long-term business growth and profits which the system should help in providing? Finally, how will this system integrate with our already existing business intelligence systems? Will we need to completely overhaul our IT architecture to install a new intelligence system, or can we rely on software patches and bridges to utilize the new system? These are all factors that we need to consider when analyzing the myriad of possibilities available to us...
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