Road Map

Big Data, Analytics, and Business Intelligence have become the most commonly used buzzwords in business. Despite their varying uses and connotations, each breaks down to a single proposition: how can we best use our data?

Being realistic about your current business intelligence and data utilization environment is essential to developing a realistic strategy road map. Are users consistently compiling reports? Do relatively simple data requests take days to complete? Are departments storing silos of information in stand-alone access database or excel spreadsheets? Do you have staff competent with SQL? These questions are essential to assessing your current BI environment and BI readiness needs.

Quite a bit is involved when developing a successful business intelligence data strategy & Road Map for organization. It involves a combination of business and technical expertise while simultaneously balancing the goals of your business, timeline and cost. To summarize, when beginning to develop your initial business intelligence/data strategy you should consider the following key points:

• This is not purely a technology initiative; ensure the support of key business areas.
• Develop a “Data Dictionary”
• Assess your current business intelligence environment.
• What do you really want to measure?
• Are you willing to invest in the long-run?

The common question business always tries to ask. Why do I need a Business Intelligence Road map? Here are some ways for you to evaluate why and how YVS can help you achieve it.

• Measure performance.
• Identify cost-cutting and growth opportunities and increase agility.
• Reduce operational and reporting inefficiencies, typically resulting in savings.
• Gain a panorama view of the customer due to data centralization and integration.
• Improved understanding of customer demographics and product utilization leading to greater marketing and new product ROI.
• Analytic models improve strategic decision-making, based off on data-backed evidence instead of gut feelings.
• Dashboards and visual representations of data allow data to be better understood and digested by decision-makers.

• Identify business objectives, challenges and problems.
• Align business intelligence goals with your business strategies.
• Analyze your existing data systems and processes.
• Conduct Business Infrastructure Capability Map and Assessment.
• Assess Current and Future IT Capabilities.
• Define Business Intelligence Vision.
• Define Methodology and Approach.
• Define Standards and Governance.
• Develop Project List and Roadmap.

YVS can help you achieve with your services, please reach out to our team at (877) 345-4967 and info@yvspartners.com for further details. Our experts are waiting to help you.