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How can you select a scalable BI tool for your business?

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Business intelligence (BI) is the process of transforming data into insights that can help you make better decisions and achieve your goals. However, not all BI tools are created equal. Some may be too complex, too expensive, or too rigid for your needs. How can you select a scalable BI tool for your business that can grow with you and adapt to your changing requirements? Here are some factors to consider.

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1 Define your objectives

Before you start comparing different BI tools, you need to have a clear idea of what you want to achieve with them. What are your main pain points, challenges, and opportunities? What are your key performance indicators (KPIs) and how do you measure them? What are your data sources and how do you integrate them? What are your reporting and visualization needs and preferences? By defining your objectives, you can narrow down your options and focus on the features and functionalities that matter most to you.

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Kaushikkumar Patel

Data-Driven Solutions Architect | AWS Solutions | Credit Card Analytics
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At Zed, when tasked with implementing a new gaming application, defining clear objectives was paramount. We faced challenges in user engagement and data integration. By identifying our KPIs, such as user retention and game completion rates, and understanding our data sources, we could prioritize features in the BI tool. This clarity streamlined our decision-making, ensuring we selected a BI solution that enhanced our game's user experience and data-driven insights.

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José David Herrero Ruiz

CIO @ RealNaut | DAMA Asociado
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Un gran número de herramientas de BI tienen capacidades similares, pero un factor determinante no son esas capacidades comunes si no las capacidades que las hacen diferentes. En este tipo de diferencias creo que hay varias fundamentales como son: - ?Permite analítica en tiempo real o casi real? - ?Trabaja bien con grandes volúmenes de datos? - ?Es una herramienta SaaS? - ?Es una herramienta de primero ola, segunda ola o tercera ola? Entendiendo bien nuestros objetivos analíticos y resolviendo estas preguntas en una matriz podremos encontrar la herramienta que mejor se adapta a nuestra necesidad.

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2 Assess your resources

Another factor to consider is your available resources, such as budget, time, and skills. How much can you afford to invest in a BI tool, both upfront and ongoing? How much time do you have to implement, maintain, and update the tool? How skilled are your users and administrators in using the tool and managing the data? Depending on your answers, you may want to look for a BI tool that is affordable, easy to use, and self-service oriented, or one that offers more advanced capabilities, customization, and support.

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Ravi Akasapu

Enterprise Data Architect, AWS Certified, LLMs & AI Application Developement
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Another factor to consider is, how business users will adopt to a change in BI/Analytics tool. If the new BI tool has obvious advantages and easy to adopt, the users will most likely to adopt and switch in daily use. Choosing correct delivery partner and enterprise wide tool will improve the success of the BI project. If the adoption is across several business verticals and many business requirements can be achieved, the odds of BI success will be in favor of the tool. The adoption of BI tools will also depend on the ability to meet organization's Analytics needs and the resources utilization over long term.

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José David Herrero Ruiz

CIO @ RealNaut | DAMA Asociado
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Sin lugar a dudas entender tus recursos es algo que debes tener muy en cuenta a la hora de seleccionar la herramienta a implantar. ?Qué formación tiene el equipo que va a utilizar la herramienta? ?Cuantas licencias necesitas y para que perfiles de usuarios? ?Qué y cómo estas haciendo el gobierno del dato?. Entender y responder estas preguntas es importante para decidir la herramienta a utilizar. Una solución que en muchas ocasiones e implantando y que da muy buenos resultados es implantar un par de herramientas diferentes, por ejemplo Looker Data Studio (gratuita) para uso masivo de usuarios que tenían la licencia vía Google Workspace y Tableau para usuarios analistas que hacía un uso más intensivo de los datos.

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3 Evaluate the scalability

Scalability is the ability of a BI tool to handle increasing amounts of data and users without compromising the performance, reliability, and security of the system. A scalable BI tool can accommodate your current and future needs, without requiring costly and time-consuming upgrades or migrations. To evaluate the scalability of a BI tool, you should consider aspects such as data storage, processing, and access; user management and collaboration; and deployment and integration options.

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José David Herrero Ruiz

CIO @ RealNaut | DAMA Asociado
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Sin duda hoy por hoy no me planteo ninguna herramienta que no facilite un entorno SaaS y que por lo tanto me da el escalado total que voy a necesitar. Además quiero dedicar el tiempo y los recursos económicos a hacer analítica, a buscar información valiosa en los datos, no en administrar entornos. equipo a hacer

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4 Compare the alternatives

Once you have defined your objectives, assessed your resources, and evaluated the scalability, you can compare the different BI tools that meet your criteria. You can use online reviews, ratings, and testimonials to get an idea of the strengths and weaknesses of each tool, as well as the user satisfaction and feedback. You can also request a demo or a free trial to test the tool yourself and see how it fits your needs and expectations. You should also consider the vendor's reputation, support, and innovation.

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Ravi Akasapu

Enterprise Data Architect, AWS Certified, LLMs & AI Application Developement
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Since most of the organizations have some form of the BI and Analytics tools already available in their day-to-day operations, selecting a new BI tool must have a smooth transition path. Any disruption in transition will lead to user dissatisfaction and less adoption. It is also important to understand how the tool can work with existing business scenarios and augment and scale up to new verticals. Integration with existing data sources/pipelines and reducing the complexity in delivering end user reports is most important factors while comparing the BI tools. A BI tools should be able to provide users a choice for self-service as well as easy developer experience will have lasting impact on the user experience and adoption of BI.

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José David Herrero Ruiz

CIO @ RealNaut | DAMA Asociado
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Si tu necesidad es para una gran empresa, creo que es fundamental contar con la ayuda de un equipo profesional que entienda entre otras cosas: la necesidad analítica, el proyecto a acometer, los perfiles de los usuarios, la estructura del almacén o almacenes de datos, la volumetría de datos y el estado del arte de las diferentes opciones.

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5 Make the decision

The final step is to make the decision based on your analysis and comparison. You should weigh the pros and cons of each BI tool and how they align with your objectives, resources, and scalability requirements. You should also think about the long-term value and potential of the tool, not just the short-term benefits and costs. Ultimately, you should choose a BI tool that can help you achieve your goals, optimize your performance, and grow your business.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Sunanth Vikram

Helping my customers to embrace Hyper Automation | LinkedIn TopVoice | PMP Certified |Solution Architect | RPA | BPM | Low Code No Code
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-Consider Data Sources -Scalability Assessment -Performance and Speed -Data Processing and Storage -Ease of Integration -User-Friendliness -Security and Access Control -Customization and Extensibility -Scalable Licensing Model -Community and Support -Vendor Reputation -Future Roadmap

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How can you select a scalable BI tool for your business?

1

2

3

4

5

6

1 Define your objectives

2 Assess your resources

3 Evaluate the scalability

4 Compare the alternatives

5 Make the decision

6 Here’s what else to consider

Business Intelligence

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How can you select a scalable BI tool for your business?

1

2

3

4

5

6

1 Define your objectives

2 Assess your resources

3 Evaluate the scalability

4 Compare the alternatives

5 Make the decision

6 Here’s what else to consider

Business Intelligence

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感谢您的反馈

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