Authored by Alana Smith, TeamCain
Missed Part One of this blog series? Read it here.
As mentioned in Part One of this blog series, companies want to be able to quickly and easily explore their data at the drop of a hat and not have to weed through multiple levels (or The Bird’s Nest) to see where the data comes from. A good way to do this is with business intelligence. But traditional business intelligence has its faults which will be explored in this blog entry.
It Is Expensive
With traditional business intelligence, you can guarantee you’ll be spending well into the millions. For a solution that’s supposed to help you see how you can save money, it sure does cost you a lot. Business stories are replete with examples of multi million dollars projects that did not deliver.
It Is Complex
Think about the bird’s nest picture from Part One. Tradition business intelligence is that plus long projects, with lots of staff onboard … that’s the classic “never ending story”. The complexity comes from the difficulty in getting the data to “play nice” and the tools that are too often purpose built for a data set, not for multiple data sets.
It Is Difficult to Use
Many a times, there is a low user adoption with traditional business intelligence because of it’s complexity. The views of the data tend to be pre-built and not easy for a user to navigate (or play with, in a creative “hmm, what’s going on here” type of way). If your own users aren’t using it, if it is too difficult for them to work with … you’re not getting the benefit from it and again, losing copious amounts of money that could be better used elsewhere. Even worse, there could be smart and beneficial decisions out there just waiting to be found. What a shame.
It Is ERP Specific
If you only use one ERP, then traditional business intelligence might be for you... but many companies these days have adopted multiple ERPs. How many JD Edwards users also use PeopleSoft? Traditional business intelligence does not reflect the full reality of your company.
When companies implement a traditional business intelligence approach they are rolling the dice with the future of their business. And that’s not a good place to be in. When two dice are rolled, there are 36 different and unique ways the dice can come up:
When it comes to your business... isn’t it better to have just one, clear answer?
Make sure to follow @TeamCain on Twitter to read Part Three of this blog series!