By now, you should have already identified business questions you need to answer, and it’s time to get your hands dirty. While you can't predict the future, you would need to know how to adapt. After deciding to implement a business analytics project with the help of a data dashboard, their efficiency skyrocketed. The presenter is Mark Flaherty, Chief Marketing Officer at InetSoft. We have answered the question what is a BI project, provided a roadmap of tips you need to follow in order to successfully implement such initiatives, and now we will focus on real-life business intelligence projects examples and templates that made companies’ processes more productive, saved costs, and increased efficiency. Working with the right partner that can deliver all your requirements is an invaluable choice and you should be able to choose based on your budget and scope of the project. We can also see below a visual business intelligence project template which can be used in any finance department or company: The final result was reducing the time of comprehensive financial reporting processes, automating calculations, and gaining access to data in a single, central location. We have mentioned several times how it's important to interview relevant stakeholders, gather the best possible team, and plan your project on business analytics thoroughly. Some provide their managers performance management dashboarding. But what makes these projects successful and what to look out for? Business intelligence (BI) is the use of data analysis in taking strategic decisions in the business environment. Additionally, they wanted more control over their working capital and the cash conversion cycle data in order to increase management productivity and operations. To get started on this journey and ensure maximum value is generated in the long-run, here are the top 10 tips to successfully create a BI project. The regional and country managers have gained the possibility to drill into details of important metrics such as the number of current opportunities, purchase value, lost opportunities, or churn reasons. It would also make sense to keep in mind that outcomes line up with reality and that you have enough agile BI resources to adjust the process where needed. Project roles and responsibilities will differ depending on the company, but here is the rundown of some business intelligence project tips to keep in mind: After you have established your plan and defined goals, it is time to clear all the information clutter and define a timeframe. You can find and evaluate less costly manufacturing partners or parts suppliers and determine how to utilize plant capacities more fully. InetSoft Technology Corp. Read five tips for successful self-service business intelligence. As you can see, managing business intelligence software project doesn't have to be complicated or demanding. Regular meetings, answering questions, or simply asking for help when developing digital dashboards, is essential in order to achieve success. To be able to fully reap the rewards that an analytics project and BI can deliver to your organization, it is not just significant to own the KPI management process. To summarize, here are the top tips for creating a successful BI project: Now that we have provided BI projects examples and templates that professionals and managers can use for their own purposes. Our business intelligence project plan examples show exactly how and you can use it as a roadmap for building your own BI success. Read business intelligence success stories. How to use IT reporting and dashboards to boost your business performance and get ahead of the competition. The technology for new business intelligence projects is similar to old BI systems in that it gathers and presents information to users, but it is different in a few areas. Business Intelligence Company Information | BI Company Information | Articles and Resources from InetSoft Document the responsibility and resources needed, plan the engagement of the stakeholders and bring specialists onboard such as data analysts, business analysts, subject matter experts, or ETL developers, depending on the size and scope of the project. Executives and management consultants agree that effective business process management involves pushing day-to-day decisions down to the line-of-business operations managers. There would be no business intelligence without the tech sector. Clear the clutter and define a timeframe 4. Streamlining business processes; Tracking performance of campaigns; Examples of companies that use business intelligence Here are some of the best business intelligence success story examples, and what you can learn from them when embarking on your own implementation initiatives. Is it intended for analysts, C-level executives, or department managers?