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Guide To Implementing Business Intelligence - 3. Business Intelligence Tools & Solutions

By Kimberlie Hutson

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Republish: EasyPublish
Published: 17Sep2009
Word count: 584
Viewed: 424 time(s)
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The customer relationship management (CRM) and business intelligence can sometimes conflict because your CRM tool has your customer activity from a sales perspective, and your data warehouse has you customer activity from an operational perspective in it, so these two systems double up the information required to do their respected jobs, this means the CRM system will have prospects and sales and marketing data in it that usually will not end up in your data warehouse (because it isn't interested in the mailing lists you procure, and the vast amount of data that you're marketing to), it's more interested in what the business is doing with operational information.

At the same time, to run a successful marketing campaign, you need transactional history of your customers to ensure your campaigns are correctly targeted and this sophisticated data analysis and history transactions is usually in the data warehouse.

The challenge this brings is ensuring the data between these two systems is managed in a way that means the activities that come back into the data warehouse can measure what comes in the operational systems. This way you always know what money you're making from your marketing activities and you can send these customer data sets back to your CRM system.

If you've implanted an enterprise resource planning (ERP) solution, you've already gone a long way to integrating your systems, unfortunately, just because you've got an ERP solution doesn't mean you don't also need a data warehouse.

ERP solutions are package solutions, and this means that it's a 'one solution fits many' and therefore they need to be configured and tweaked to ensure they match your businesses individual needs and this can make getting the right information out of them slightly awkward, especially if you've had to bolt a management information system onto the side of your ERP solution.

You need to then decide whether you put that data in your ERP system so it then becomes your data warehouse to give you an enterprise view, or do you take your ERP data and put it in a data warehouse along side your other pots of data and make that your enterprise view? This is something you'll need to address as part of your IT strategy.

More organisations are using software as a service to implement their core systems, this is where by you use an online service provider to host your solution for you and access it through the web, this does mean your data is no longer inside your organisation and as it's held externally, you have less access to it.

If you think you need enterprise wide business intelligence that includes that data, you need to factor in getting a data feed back into that organisation and into your systems, you then need somewhere to store and analyse it. You also need to consider what kind of business intelligence those solutions provide to see how you're going to progress with your business intelligence solutions if your going to use your software as a service.

For many years business intelligence vendors were fighting with the Office products like Excel, but now they're recognised as being just as integral to business intelligence as any other piece of software or solution. Everybody uses it all the time, the finance department love it and as Microsoft gets the technology and the visualisation capability within Excel improving it will probably be used even more.

IT Performs are the experts when it comes to business intelligence solutions and training and business objects training. Improving the way companies measure and manage business, through developed methodologies and frameworks ensuring lower risk and higher quality.

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