The true value of Business Intelligence is enabling your organization to not only contain costs, but increase revenue stream. BI technology can be leveraged to improve the business processes related to revenue generation, product development, customer acquisition and retention, cross-selling, inventory management, and new markets. ICC can help you achieve these results through several areas of BI.
Information quality problems hamper virtually every area of a business. ICC will help you generate real dollar savings by conducting an investigation to uncover data issues and implementing a plan to address them.
Many organizations struggle to find the data they need. When they get it, it’s often presented in a meaningless way. ICC can help your organization establish an effective metadata management environment that will ensure a well-managed and standards-based information management organization. In other words, you’ll get everyone on the same page. Better management of your data translates into lower project costs and better decision making.
Poor governance accounts for a majority of issues on any data integration project. With ICC, you can establish a data governance program to help you accelerate your data integration projects. You’ll be able to:
- Ensure implementation efforts are guided by business priorities and requirements
- Connect BI/DW requirements to other enterprise initiatives such as portal, scorecard, DSS and infrastructure initiatives
- Allow core, shared, and unique information needs to drive reporting strategy and delivery approach
- Develop a repeatable and consistent approach to business and technical priorities
- Adapt quickly to take advantage of changing business conditions
By focusing on analysis and reporting solutions that work for your business, ICC helps you make informed, forward thinking decisions with real time data.
Whether you are building a data warehouse, implementing an ERP package or integrating data from a merger or acquisition, legacy data must be converted or migrated. Many industry analysts report that these costs can be as high as 40% - 70% of a project’s budget. By using best practices and pragmatic solutions, ICC can help you reduce these costs and keep your projects on schedule and on budget.
Many companies allocate funds for BI/DW and related initiatives on a project basis. From a budgeting perspective this makes sense, but it often leads to a duplication of effort as each project team develops their own set of databases, transformations and reports, using whatever tools or resources they feel appropriate. ICC helps you implement a centralized approach to managing projects by instituting a BI COE that will help you achieve a strategic, cohesive enterprise-wide data warehousing environment – whether an organization is just starting out in BI/DW or continuing to evolve its strategy.