Archive for January, 2012

Project Phases

For simplification sake, we can view a BI project to have three phases. It would begin with a charter, or determining goal, value and budget.

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Project Success Path

Success of a project depends on many factors, beyond the project plan, phases, methodology and the budget. A successful project starts with determining the scope and the issues, but quickly steps into finding the key stake holders.

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Development Lifecycle

As defined under the services section, there are five separate services. The development lifecycle is a reflection of the same set. Lifecycle runs on three separate tracks, almost in parallel to each other.

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Services

Our services are based on the type of engagement. At the highest level, we offer consulting services for devising an IT strategy for increasing your return from your BI investments.

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Offerings

At a more modular level, our offerings are meant for specific purpose and needs. We divide our offering modules into five mutually exclusive parts. Vision and scope, Proof of concept, Performance optimization, training, and staff referrals.

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Value Creation

It’s hard to calculate value resulting from innovation. More often, the unexpected gain is larger than the expected gain. However, it’s still helpful in having some idea of the expected cost savings or the revenue increase that could be directly attributed to a BI project.

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Types of Analytics

With the advent of internet (web2.0) and the explosion of data in the recent times, the traditional BI has evolved. It has been divided into four different areas, namely, Core Analytics, Content Analytics, Web Analytics and Event Analytics.

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Business Success Path

At its basic level, business is a very simple activity. There is demand for something. And somebody supplies to that demand by sourcing components or competency from somewhere, adding some value and charging a price for it.

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Collaboration

With the advent of web 2.0, it has become increasingly easy to collaborate on any process. Decision making is one such process. Generally, collaboration can be divided into finding experts or expertise, diffusing concepts or knowledge, and working together in a structured team-protocol formation.

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Decision Maker

It is of high importance to keep in mind who would make the decisions that ultimately drive an analytical process. The person involved can be a business user, a power user, or any stake holder.

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