The paper identified the significant findings of the opportunity and trends of IT alignment with Business intelligence. It is the fact that using business intelligence would significantly enhance the chances for Business success and improve the business processes. This decade is the transformational era, and countries around the world have come out of the recession. The businesses have gone through technological change and business intelligence implementation.
Table of Contents
Introduction4
Trends of BI5
Social Media5
Mobile Business5
BI Business5
Cloud Commuting6
Internet TV6
Business Intelligence Opportunities6
Steps to Implement the Business Intelligence with IT Alignment7
Important Steps before implementing business intelligence7
Step One: Classifying the Business Problem8
Step Two: Determining Expectations of Use8
Step Three: Understanding Delivery of Data8
Step Four: Rolling Out Training Initiatives9
Step Five: Choosing a Vertical- or Horizontal-based Solution9
Information Technology and Business Intelligence9
Conclusion11
Business Intelligence (IT Alignment)
Introduction
Being one of the favourite themes of economics and management, Business Intelligence has started being integrated with the Business IT alignments and getting huge success. There are many explanations; some are coming from the professional and competences area of such an activity other significant ones form the cultural specificity. Before starting to analyze and related it to the business intelligence with IT alignment the paper have pointed out some of the most relevant aspects of this profession, job and activity from the enterprise or organizational, regional, local or national institution.
Business intelligence is a concept which refers to the way in which decision can be made faster and easier. In the current society the companies collect huge quantities of data daily: information about orders, inventories, and transactions from work sites and of course information about customers. Companies also collect data as demographic data and email lists from external sources. Unfortunately more than 93% of the data are not used in the decision making process (Dresner, Buytendijk, 2002).
The Business Intelligence (BI) is more than just software, but it also describes a set of processes and technologies for simplifying and improving the use of key information within a company. The BI data are collected from various systems into one enterprise, whether it is ERP or CRM, accounting systems, or from Excel spreadsheets and other personal productivity tools. The data are then cleaned, standardized and communicated to users. It is the approach of IT aligns with business intelligence. Companies are likely to have a dashboard from the most relevant indicators to manage performance of their organization. This ensures the implementation of a proactive management objective and focused on achieving results (Boyer, Frank, 2010).
Trends of BI
Social Media
It is important for the manufacturers and business to find the group of people interested in same features and products. It is not much difficult to connect all the people together through social networking media. The implementation of business intelligence has played a vital role in defining consumer patterns and understanding their behaviour. This social media has emerged with IT.
Mobile Business
The mobile business is at growing stage it is achieving its growth with exponential rate. New Smart phones, Android technology, and other tablet phones have captured a big ...