In today’s data-centric business landscape, organizations need to make informed decisions backed by accurate insights. However, to achieve this objective, companies must first overcome a variety of challenges within their Business Intelligence (BI) practices. Building a successful SAP BI roadmap requires a strategic approach, beginning with a clear identification of these challenges. Once these are understood, organizations can define actions and projects across 3 key dimensions – People & Organization, Processes, and Systems & Tools – spanning a two-year horizon. This article lists common BI challenges and how an SAP BI roadmap can address them effectively.
Understanding ‘Business Intelligence’: Beyond the buzzword
Business Intelligence (BI) is one of those terms that gets thrown around a lot in meetings, webinars, strategy sessions, and tech discussions. But what does it really mean? Often, BI is misunderstood, misused, or oversimplified, lumped in with other concepts like data analytics, data science, or even just plain old reporting. It is as if someone tried to innovate a new set of buzzwords by mixing terms like ‘data,’ ‘intelligence,’ ‘business,’ ‘analytics,’ ‘science,’ and maybe even ‘art.’ But BI is far more than just a mash-up of trendy phrases. Let us dive deeper to understand what Business Intelligence truly entails and why it is more than just another buzzword.