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Business intelligence (BI) software originally emerged in response to the need for organizations to access accurate and timely information to support informed business decisions. However, today’s BI market has become a bewildering array of tools and platforms so businesses increasingly turn to their internal IT departments to develop their own BI solutions. While BI software – tools, platforms, and applications alike – holds great potential for helping organizations readily access the enterprise information needed to make informed business decisions, the reality of developing such a systemin-house is extremely challenging.
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The decision to build a custom solution or buy a package can be the difference in the success or failure of the business intelligence project. Before making the build or buy decision, the following factors should be considered: |
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- Effort: the dauting task of developing an in-house Business Intelligence application
- Expertise: the staff technical expertise necessary to build it
- Experience: knowing how long it will take, how much it will cost, how to manage…
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