Business Intelligence Strategy

Business intelligence strategy is a combination of technology and intellectual techniques to meet the business decision support system of your organization.
It integrates people, process and procedures to add value to enterprise environment.
The challenge for the BI architect and solution strategist is to implement the right combination of techniques and technologies to create a optimal business intelligence (BI) enterprise solution. Seasoned architects are aware that new techniques and technologies must be adapted to meet the challenge of BI. They understand that BI is much bigger than traditional tools and techniques think outside the box as tools can never be the only driver to sucessfuly BI implementatin.
BI Straetgy needs to have Conceptual View, Data & Technical Architecture,Key performance indicators.

Why You Need a strategy?
To obtain ‘buy in’ from stakeholders
Especially the Senior Executive
Ensure an ‘enterprise-wide’ perspective
Establish governance / oversight
Outline the expected benefits
Assist in creating the Business Case(s)
To outline a plan for implementation
Recognise the importance of information as an asset

Other functions that a BI Competency Center may address include:
Data stewardship – metadata management, data standards, data quality, data architecture.
Data acquisition – ETL and data store development, testing and maintenance.
BI delivery – developing and distributing information to decision makers.
Advanced analytics – data mining, statistical modeling, optimization, text mining, forecasting.
Vendor contracts management – user licenses, administration, updates and project teams.
Support – answering user questions.
Training – for business users and project teams