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Enterprise Business Intelligence
Enterprise business intelligence is the process of analyzing the data
of an organization to discover significant trends and factors that
can drive the business. Enterprise business intelligence aims
to uncover pieces of information or "key performance indicators
(KPIs)" that highlight information that would otherwise not be
apparent to decision makers. Properly used, enterprise business
intelligence can be helpful at strategic, tactical and operational
levels. The process of implementing an enterprise business intelligence
solution can be very time consuming and requires close coordination
between multiple departments. This complexity in deployment
is the key reason why enterprise business intelligence projects suffer
extremely high failure rates and are often completed behind schedule
and over budget.
The Need for Enterprise Business Intelligence
Enterprise business intelligence, provides answers to the classic
5 questions: Who, what, when, where and how. Enterprise business
intelligence, however, can also provide clues to the sixth question "why." Enterprise
business intelligence relies on vast amounts of data and can be performed
with tools as simple as a spreadsheet and as complicated as custom
built enterprise business intelligence suites. For larger organizations
one of the first problems to decipher is "what data" to use
in the analysis process. For this reason many enterprise business
intelligence deployments rely on a tool known as a "data warehouse." A
data warehouse is simply a collection of key data that the organization
feels is critical to enterprise business intelligence. The reason
for using a data warehouse in an enterprise business intelligence deployment
is two-fold: first is the concern of over-tasking production data bases,
the second is the need to analyze the "right" data vs. all
the data.
The Reason Behind the Data Warehouse
The first reason for deploying a data warehouse in an enterprise business
intelligence solution has to do with placating IT requirements. Because
enterprise business intelligence involves a heavy amount of reading
and writing data to and from tables, the organization that is tasked
with supporting a company's internal systems (ERP, accounting, CRM
etc.) often has grave concerns of the impact an enterprise business
intelligence system will have on database performance. A data
warehouse acts as the central core of the enterprise business intelligence
operation to avoid this problem. The data warehouses collect
data from multiple systems and are updated on a pre-determined schedule
(like at night) to ensure minimal impact on the affected systems. The
second purpose of a data warehouse in an enterprise business intelligence
deployment is a tougher one to identify. Specifically, the systems
that are analyzed by enterprise business intelligence often contain
hundreds if not thousands of fields and tables. Understanding
which fields in each system is important for analysis purposes is a
tricky operation and one that is at the core of a proper enterprise
business intelligence deployment. Properly mapping which fields
should make up the data warehouse is one of the toughest challenges
in an enterprise business intelligence deployment and is at the core
of some of the delays and failed implementations often associated with
enterprise business intelligence.
Alternatives to Enterprise Business Intelligence
While enterprise business intelligence has been widely deployed in
large multi-national organizations, many smaller
companies, even so called "small to medium enterprises" have
shied away from large enterprise business intelligence deployments
relying instead on purpose built, department level applications that
are either bundled with their systems or a low-cost add-on. For
this reason enterprise business intelligence companies are beginning
to release products that seemingly go counter to an enterprise business
intelligence deployment, but that are more likely to be adopted by
smaller organizations.