Getting the expected benefits from your Business Intelligence solutions
Today more than ever, firms are looking for practice management improvements and competitive advantage. This means knowing where you’re at, where you need to step on the gas, and where (and when) to step on the brakes. In a recent study, Hildebrandt identified the key financial and management factors in failed firms. These included excessive financial leverage, significant deferred obligations, low productivity and poor realization1. With the current economic and competitive landscape, firms need to be making best use of their BI systems to monitor and manage performance.
BI analysts have found that although many Professional Services firms have invested in BI systems they are not realizing the expected benefits. Many are not using it strategically; users don’t trust the data or the tools don’t meet their needs. This results in low adoption rates and limited return on BI investments. Other symptoms include slow update cycles, missing or inaccurate data, relying on old reports, or difficulty in modifying your BI environment as your business needs change.
How a BI healthcheck can helpIf your organization is experiencing any of these symptoms, it’s time to assess your current BI systems and see how they can be tuned and optimised to deliver enhanced business value. T4G’s senior business intelligence experts will thoroughly review your existing application to get the pulse on what makes it tick. We go beyond the technology backbone of the system by interviewing end-users to identify strengths and gaps. Our skilled technology, architecture and User Interface resources will comment on all aspects of your BI environment and apply their industry leading expertise and benchmarks to review your deployment.
After concluding our examination, we deliver a summary of our findings and recommend ways to achieve increased benefits by identifying:
Benefits
By completing a BI HealthCheck, you will gain valuable information on how to make your BI applications:
Our BI HealthCheck will assess your platform and applications and recommend ways to make it more relevant and effective. Contact T4G today to find out whether it’s time for a BI HealthCheck.
For further information on T4G Professional Services Solutions please contact:
Kevin Berry >
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506.632.2520 x2062 (Canada), or visit http://www.t4g.com/
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