Businesses may question “Why invest in Business Intelligence (BI) solutions?” Many systems bundle reporting capability but rarely do these provide sufficient information. It is frustrating when a team has processes that are recording volumes of data which is not available to them. This can be a driver for a business to start looking at what a BI solution can offer. When you do start to look at a solution capabilities, the answers for “Why invest in Business Intelligence (BI) solutions?” will stack up quickly, this presentation will give you those answers.

1. B U S I N E S S I N T E L L I G E N C E S O L U T I O N S ?
W H Y I N V E S T I N
Q G A T E . C O . U K

2. Here is a summary of the top 10 benefits surrounding the introduction of
Business Intelligence (BI).
Q G A T E . C O . U K

3. 1. CHARTING &
VISUALS
Convey information faster
than a wordy summary.
Q G A T E . C O . U K

4. Frequently, the Board will want a more holistic view of the state of the business.
All good BI solutions will be able to load data from a variety of sources. Using
data from multiple systems allows a picture of the business from different angles
to be drawn up and presented together.
2 . T H E W H O L E S T O R Y
Q G A T E . C O . U K

5. 3.DIGGING
INTO THE
DETAIL
A BI tool provides analysis by the
users, when they need it.
It is a good way to empower the
employees to make the best
decisions at the most appropriate
time.
Q G A T E . C O . U K

6. 4 . F I N G E R O N T H E P U L S E
With BI tools it is possible to setup alerts that fire if a defined set of metrics are hit.
This means that the business can pro-actively take measures to avoid a potential
problem occurring or prepare for imminent celebrations!
Q G A T E . C O . U K

7. 5. SHARING
A WEB PORTAL
Once some BI analysis is available,
the benefit of this knowledge
should be spread to a wider
audience through:
DISTRIBUTED DOCUMENTS
ALERTS
SELF-SERVICE ANALYSIS

8. 6 . S H A R I N G W I T H C U S T O M E R S
Customers are often keen to have access to their data and BI providers can facilitate
this by exposing the analysis via company websites/portals.
Q G A T E . C O . U K

9. If the BI analysis is to be shared some
consideration as to who sees what is
likely to be a factor to consider.
For example, you may want your sales
manager to see all the sales team’s
transactions, but for each individual sales
person to only see their own activity.
7 . C O N T R O L

10. "With the breadth of functionality that is being made available from
today’s BI solutions, it is important to have control. A place to be
able to schedule and automate tasks will be provided. Such facilities
will allow for IT Admins to control access and determine/manage the
most suitable architecture for the delivery of BI".
Q G A T E . C O . U K

11. 8 . S C E N A R I O T E S T I N G
For the most part BI is a retrospective activity however some BI solutions will provide for
some forward looking.
Q G A T E . C O . U K

12. Historical data can be used to generate
a model by which future predictions
are made. Parameters can be set and
input variables made available so that
some “what if” analysis can be carried
out.
9 . P R E D I C T I V E
A N A L Y S I S

13. 1 0 . R E T U R N O N I N V E S T M E N T
Not sure about ROI? Read this example on LUSH.
Q G A T E . C O . U K

14. to keep track of stock levels, sales
and freshness of product, they
experienced:
L U S H D E P L O Y E D Q L I K V I E W
1 M I L L I O N
in stock loss savings within two
years while significantly boosting
in-store profitability
7 0 % O F S A L E S S T A F F
uses Qlik daily and 100% uses
Qlik weekly

15. “Shop managers have told us they’ve had their most profitable year
ever. That’s because QlikView gives them access to all the data they
need to manage their sales, stock and staffing. By gathering data
together in one place for analysis, they can make smart, profitable
decisions.”
S C O T T S I L V E R T H O R N , H E A D O F D A T A S E R V I C E S , L U S H
Q G A T E . C O . U K

16. Quick assessment of aggregated
data for further analysis.
Granular detail when required.
An insight into future trends.
Exposure to inconsistencies.
Generally inform the business on
metrics across the organisation.
S U M M A R Y O F
B E N E F I T S :

17. W O U L D Y O U I N V E S T I N B I ?
Q G A T E . C O . U K
Read more about Business Intelligence and what it can do for you.