If your enterprise is only in the start-up stage, but you need to prepare for the future BI digitization. From the perspective of Shuju Stock, due to cost considerations, you can first use Excel to sort out the core business data, focus on core indicators, and then develop users and accumulate business data.
When your Excel report can no longer carry your business volume and analysis, it is time to implement BI. Here are a few signs that can help you decide:
1. Due to the large amount of data, the Excel table often freezes and crashes, which affects the query efficiency
2. The logic in the form is intricate and requires a lot of maintenance time by dedicated personnel, and it is prone to errors
3. There are many business tables, which require in-depth composite analysis
4. The data you see every time is lagging information, because it takes a lot of time to make reports
From the perspective of enterprise application, how to choose BI tools?
BI tools are used to assist business decision-making, and should not only consider visualization and front-end reports. This architecture diagram is a good example of the position of BI in the big data analysis system.
Organizations need to consider several major aspects when implementing BI. Do they really need to implement BI? Are there conditions to implement BI? How to use BI?
Is there a condition to implement BI?
The most important prerequisite for implementing BI is the quality of basic data.
Due to the lack of management and personnel data awareness, low-quality data needs to be cleaned intensively by departments familiar with the overall business and have certain data processing capabilities before implementing BI. The missing data should be completed in a timely manner. Some refined data also need repeated verification by business leaders.
Whether the business logic is unified. It should be ensured that a dedicated person can clearly explain the business logic to the implementation team, such as the unity of sales form, procurement method, and quality management. In the actual situation, the sales model is not uniform, the settlement method between branches, the business form is not uniform, and the caliber is not uniform. In many cases, the logic of the data will be confused.
Business deployment. Business deployment can be divided into centralized deployment and distribution deployment. Distributed deployment will bring many problems. When the amount of data extraction is large and a lot of ETL work is required, if an unexpected situation occurs, it will face the risk of re-drawing data. The centralized deployment represented by Microstrategy maintains the unity of basic data and business standards, which can save a lot of manpower and material resources.
staff support. Business personnel and technical personnel need to cooperate closely in order to play the greatest role of BI. More than 80% of the problems are often communication problems. For this reason, both basic employees and senior leaders should pay attention to the importance of coordination in the project.
How to choose BI products?
First is the price. First determine the basic budget, and then determine which functions need to be realized, what is the approximate price benchmark, and whether it is consistent with expectations. Or you can download the free version of BI software first. Except for Microstrategy, Qlik and PowerBI, the current top BI is a paid version.
Second, you need to consider the maturity of the product. High maturity and strong practicability are the needs of most enterprises. Among similar BI software, Microstrategy is the best choice for large organizations such as enterprises, because of its long-term focus on enterprise-level development and deployment, compared with other products targeting a single user dimension, it has a more complete and high-quality product technology stack.
Rapid deployment of products. For the organization's large-scale data, it is recommended to use Microstrategy, which is the most professional enterprise-level deployment. Its deployment speed within the organization is the fastest in the industry.
Develop features. Whether the development performance is friendly will directly affect the working status of developers. Developers are most productive when interactions are good.