One of the hottest trends in the IT industry nowadays is business intelligence (BI). BI mainly refers to the use of computerized methods to identify, extract and then analyze the business data. As an IT consulting, you should be closely watching this field and make the most of upcoming opportunities.
Why IT consulting is so important for BI
Even though the importance of BI has increased for businesses, not a lot of changes have taken place to maximize the benefits from it. Companies spend a lot of money on buying expensive equipment and software but they do not know how to fully utilize them. This is where IT consulting can be of a great help. IT consulting can not only help businesses in choosing the right technology but also in proper use of that technology.
What you should keep in mind when executing BI projects
When helping your clients make the best use of BI, a few things need to be kept in mind. It is very important that you build the client’s BI strategy around the business process, human resources and most importantly the technology available. Many people would think that for something like this to happen, the business and technology people would have to work together. But it is a better idea to have two separate teams for BI. One should focus on the technological aspect and the other on the business aspect.
Some consultants prescribe a single BI team comprising of both IT professionals and business professionals. It may work sometimes, but chances are you would get a team that will find it difficult to work together and develop a coherent strategy. If going for a single team, it is always a good idea to opt for technologically informed business analysts who can gather requirements, manage the budget and also have a good insight into the IT aspects of the project.
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