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A Practical Guide: Building your Business Intelligence Business Case for 2017
The document outlines a practical guide for building a business case for business intelligence (BI) in 2017, emphasizing the rationale for BI, driving value, and creating a budget. It highlights the significant operational improvements and return on investment (ROI) associated with adopting BI tools, including increased sales pipeline growth and enhanced customer response rates. The guide stresses the urgency for organizations to adopt data-driven strategies as those utilizing analytics perform substantially better than their peers.
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A Practical Guide: Building your Business Intelligence Business Case for 2017
- 1. Building Your BIBusiness Case for 2017 A Practical Guide Ani Manian, Head of Product Strategy, Sisense Phillip Lima, Chief Development Officer, Mashey
- 2. YOUR R.O.T.I FORTODAY 1.Rationale for BI 2.Driving value 3.Building a case 4.Building a budget 5.Path to purchase 6.Profit
- 3.
- 4. Earned for everyDollar Spent* 40% YoY Growth in Sales Pipeline** 22% YoY Increase in Operating Cash Flow** 16% YoY increase in operating profit** $10.66 *Nucleus Research **Aberdeen Group - Business Answers at Your Fingertips: The Real-Time Value of BI
- 5. 93% of Required InformationAvailable in Time and On- Demand* *Aberdeen Group - Business Answers at Your Fingertips: The Real-Time Value of BI 95% On-Time Customer Response Rate*
- 6. HOW THE BESTIN CLASS ORGANIZATIONS DRIVE VALUE Agility Data driven Management Revenue generation Transparency Value differentiation Operational efficiency Customer LTV
- 22. WHY NOW? ROI withacting now Opportunity cost of delay. According to IBM and MIT Sloan, organizations driven by analytics and business intelligence outperform their industry peers by 2.2 TIMES.
- 23. LET US PROVEIT! Test drive your data in a 90 minute session