- Executive support for BI is strong
- Purchased a data warehouse appliance to speed BI queries
- Standard reporting that came with pre-built applications did not meet their needs
- Mobile BI is an issue to banks due to security concerns
- Looking into "Certified Reporting" to confirm figures in various reports are correct
- Using an OnShore/OffShore BI application development model
- For BI resources, start with good business people and teach them the BI tools (and warnings about that statement since there may be a reason these individuals have not chosen to be involved with the technology)
The BI Xchange provides this summary of their organization:
I will comment on just one of their topics: "Certified Reporting." Many organizations employ multiple reporting specialists creating documents with figures that do not match those of other documents. This is especially true in firms where the IT group has not taken an active BI role, leaving the business units to fend for themselves. During one BI assessment, a business reporting specialist confessed to me, "Nobody can prove me wrong."
In other words, there was no easy way to validate or deny the figures he put onto a report. Without a formal standard for business terminology or calculations, this individual could almost make up the results. In fact, when his sponsors did not like the answers on the reports, they gave him different business rules to follow. This is a serious problem.
Companies must formally define how their BI reports are created and have a single version of the truth.