Costs of not having BI:
- Your data is spread across different data systems, data bases, departments, and access points, making it difficult to access easily
- IT personnel get overworked dealing with numerous requests for actionable data
- Due to this bottleneck in IT, data you need for decision making often arrives too late or “after the fact”
- Salaried employees waste large amounts of time preparing Excel reports and doing manual data entry which could be automated
- If there are any errors in communication between those making data requests and the IT personnel preparing them, a large amount of time is wasted
WHY to have BI
- Now, let’s look at what your life is like if you have a BI
- All of your data is easily accessible in one place
- Your team doesn’t need any special training to access reports
- Nobody is wasting their time (and your company’s money) with BI data entry
- You get the data exactly when you want it – leading to better decision making
