The SAP BI strategy is an important component of any successful corporate planning. It defines the target vision for the business intelligence system and determines how the company wants to utilize the acquired data to position itself in the market and optimize business outcomes.
An SAP BI strategy consists of various elements that encompass data integration, data analysis, and the utilization of business intelligence tools.
The key components include:
Data integration: An effective SAP BI strategy ensures that data from all areas of the organization is consolidated and linked together to obtain a comprehensive view of business operations.
Data quality: Monitoring and improving data quality is an essential task. This involves validating data, checking for completeness, and correcting errors.
Data analysis: The BI strategy determines how the acquired data will be analyzed and transformed into understandable information for decision-making purposes.
Business Intelligence tools: The BI strategy defines which tools will be utilized to visualize and analyze the acquired data.
Architecture: Another crucial task of the BI strategy is designing a flexible and scalable architecture that fulfills the requirements of the corporate strategy and business needs.
Security and governance: The BI strategy also aims to ensure data security and compliance with governance policies. This includes configuring access rights, monitoring user activities, and conducting audits.
In summary, a BI strategy is the key to effective and targeted utilization of business intelligence within an organization. It helps improve business outcomes and enhance competitiveness.