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Executive Overview
Managing by the metrics is a business strategy geared to maintaining competitive advantage.
But with data streams growing and proliferating faster than ever, how do you harness your mission critical data into valuable, actionable insightsquickly, ef ciently and exibly? Do you build your own stack or buy a cloud solution? This eBook explores the challenges and opportunities inherent in each option so you can make an informed decision.
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The Challenges
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The Challenges
Requirements De nition
Two out of three BI projects fail to meet business objectives within the projected time or budget. (Source: The Standish Group)
High Level System Design
and require coordination between several teams. By most accounts, the average total implementation time is 17 months, with ve months to deploy the rst usable analytics application. Documentation
(Source: DM Review & IDC Business Intelligence Survey, October 2004 & 2006)
Coding
System Revisions
Even with extensive time tracking, determining total development resources required to implement a new BI application is a crap shoot.
Beta Testing
Mock-ups and User Reviews Business Process Analysis User Interface Design
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The Challenges
Average total cost of ownership for building your own BI platform? Almost $2,000,000 in year 1, including software licenses, implementation fees and administrative costs.
(Source: Gartner, 29 Mar 2011)
Creating a BI solution requires an ongoing commitment to maintain and upgrade the solution (can be as much as 75% of the total cost). Meaning updates can run $1,000,000 or more. Why are these platforms so expensive? In-house builds incur costs for headcount in several areas:
Training QA Management
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The Challenges
Most in-house BI projects cannot scale to meet long-term organizational needs. Often, its because new applications are introduced into the organization that were not accounted for in the original scope. So they have to wait, or you have to pay more (and still wait). Though your team surely has a great understanding of how your platform is used and the kinds of reports your customers want, all that is subject to change, tomorrow.
Data source neutrality: As your product evolves over time and other social channels are introduced into the platform, you will need to nd a way to incorporate these data streams into your platform. Mo money, mo time.
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The Challenges
Why not? Because ETL (Extract, Transform, Load) insights can be slow and can cause delays in accessing data.
Its very dif cult to build visualization and analysis that truly support drill-down capability for rich analysis and easy data digestion.
Empowering end users to perform ad-hoc reports on their ownspeci c to their individual business requirements, and not just to consume contentis great but dif cult to scope into a new build.
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The Challenges
Complexity is inescapable.
Procuring, installing and maintaining hardware and software required for end-to-end BI is not trivial and requires a team of highly skilled IT resources. To increase user adoption, you will want to create a collaborative element to your solution, so that users can share and discuss key metrics. Easy, right? Simple, static data reports are easy to incorporate into your system, but users expect to perform robust analysis. You will need to make reports interactive and ensure that users can easily drill-down and navigate the data.
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The Challenges
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The Challenges
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The Advantages
Typical Deployment
GoodData Deployment
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The Advantages
GoodData does the development work, keeping your implementation costs low. Maintenance and upgrades are included (we release every two weeks). So, no down time or astronomical upgrades!
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The Advantages
GoodData can process enormous amounts of data. Data is continuously loaded to ensure that analyses can quickly return insights.
We can easily link multiple data sources to provide for multi-dimensional analyses.
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The Advantages
Easy for users to adopt, which in turn provides value from data.
Report setup is intuitive and allows the creation of reports in minutes versus days!
Our uid data model allows your business users to de ne different perspectives in the data based on individual requirements, which results in great amount of exibility. Without any insight into business data, the data is useless. On the other hand, accurate analyses drive to great business decisions.
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The Advantages
GoodData takes care of the back-end development. GoodDatas platform does all this for you:
GoodData provides built-in data discovery tools, so your users can do more drilling down without IT support.
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The Advantages
Trying to understand what to measure is critical to solving business problems, but is often incorrectly executed. GoodData has the expertise to leverage best practices across many business verticals.
Our intelligent BI setup leads to intelligent decisions that drive business success.
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The Advantages
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The Advantages
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