Register for tomorrow's webinar: Sisense and Mashey discuss how to build a BI business case for 2017

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Oxana Noa Umansky

December 07, 2016 16:51

Hi all,

Tomorrow, December 8 at 11:00 am EST, we will be holding a practical guide webinar on how to build your BI business case for 2017.

Embarking on a BI initiative requires an investment of time and resources. You’ll need to construct a solid business case, defend your budget request, and prove the value BI can bring to your organization. 

In this webinar, Ani Manian, Sisense Head of Product Strategy, and Philip Lima, Chief Development Officer at Mashey, will discuss:

 
- Why organizations need to invest in BI to begin with
- How are organization deriving value from BI
- How to build an internal business case for investing in BI
- What are the intricacies of how to build a budget
- How to drive your company to a purchasing decision
- How to start realizing value from BI now

 

We will have an open Q&A session at the end of the webinar and will continue the conversation here right after. Feel free to submit any questions or ideas for discussion here, prior to the webinar. 

 

Follow this link to register. 

Hope to see you there!

 

Thanks,

Oxana

 

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  Oxana Noa Umansky December 08, 2016 16:09 (Edited December 08, 2016 16:13)

   How we practically build a business case?

  Live now on our webinar: A Practical Guide: Building your BI Business Case for 2017

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  Philip Lima December 08, 2016 21:51

  One questions that came up and was unanswered was,
  
  How do identify the level of efficiency in 'time-to-decision' when building a case for a BI tool against a generic dashboard built using a visualization tool?
  
  Consider this example. I was once in a position (without BI yet) and the CEO asked me a specific question about how shipping costs were down even though sales were up. It took about 6 hours for me to gather and mine the data to answer this question completely. (The data was messy and each sub-question I had required building another query.) After I finished implementing a BI solution, I could answer the same question with even more context in 5 minutes of less. In this case, my time of 6 hours comes at a baseline cost of (Yearly salary * 1.4  / 2080 hrs per year = fully burdened employee cost per hour * 6hrs = cost to answer the question). Now we can answer it in 15 minutes which is 4% of the cost to answer the questions without BI.
  
  This is one example of how you could consider the efficiency in 'time-to-decision'. One other thing to think about is the cost of missed opportunities because of not being able to react quickly enough.

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  Oxana Noa Umansky December 09, 2016 16:44 (Edited December 09, 2016 16:48)

  Philip, thank you so much for sharing this example. 

  For those who missed this webinar, a recording is available on demand here: A Practical Guide: Building Business Case for 2017. 

  If you have any questions or want to share with us your experience building a BI business case, feel free to comment below. 

  -Oxana

   

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