1Implementing Business Intelligence SolutionName of StudentInstitution AffiliationCourseCodeProcess of managing the implementation phase of BI solutionIf correctly applied, business intelligence can provide firms with an accurate analysisto help them speed up and grow the business. It can help the businesses to understand theconsumer acquisition cost, trends, and cycles for customer purchases. Successfulimplementation of business intelligence would not only allow businesses to recognize theirclients but also increase revenue. It involves an entire organization where executives lead theway.There are few steps to implement an appropriate business intelligence solutionproperly.First of all, it is important to identify the key business requirements or businessobjectives such as improving sales or increasing customers satisfaction. During theimplementation phase, the executive team must keep aware themselves of the target to beachieved when analyzing big data. For BI, raw data is the critical component and thusprocessing and evaluating raw data accurately and timely is important. Next, the staff andstakeholders need to be educated about the business intelligence solution and itsimplementation process. Furthermore, the objectives need to be defined. Then the supervisingindividual or committee supervising the implementation process need to set the criticalindicator points. Also, a team needs to be formed for a smooth implementation process(Magaireah et al ...
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