Building a Business Intelligence (BI) capability drives a huge competitive advantage for an organization. However, the cost of building and maintaining a reliable BI infrastructure are beyond the reach of most small to medium businesses.
There are several components that need to be in place for an organization to deploy an effective internal BI effort:
Software licenses
Hardware
Project Management
Business Analysis
Data Stewardship
Data Analysis
Data Architecture
Extract/Transform/Load (ETL) Development
Report Development
Training
User Support
As a result, many small to mid-sized organizations abandon their plans for implementing BI after cost and feasibility studies are completed.