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Major Risks of Using Business Intelligence

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Major risks of using BI
Deploying BI using conventional methods exposes a company to considerable risk due to the time involved in implementing BI, and the technical resources needed for deployment (Zap). The average business intelligence solution costs $1.8 million and takes more than 2 years to implement (Rosen). BI systems needs to be designed to suit the business goals not start with using technology and try to suit it to the business goals. The BI system also needs to be easily adapted to any new business logic that might be adopted in the future as the business changes.
The biggest risk of BI is the time taken to develop the BI solution. It can take months to develop a solution that is tailored for the business, also the ongoing maintenance can require deep technical expertise and a lot of time.
To evaluate the back end of a BI solution there are a few things that need to be addressed. This includes how quickly the data structure can be developed to deliver a BI solution across all subject areas in your system. This is important in the decision of BI as the time represents the cost of developing the solution. The depth of technical skills required to deploy the solution is also important because the greater the skills needed the more the solution will cost. It also needs to be determined how much technical expertise will be needed to maintain the system and to make future modifications to keep to system up to date. This is an important factor because the amount of expertise needed reflects the ongoing cost of the system.
The BI solution needs to be flexible. If a solution does not have the flexibility it can easily become outdated which poses a very big risk. The BI solution that is created needs to be able to change to suit the needs of the business.
Typically the production of reports and analysis of data is controlled by the IT department because their

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