The 4 most common business intelligence mistakes

Wouldn't it be great if someone warned you of all the mistakes you were likely to make before you made them?

Well, lucky for you, AtoBI has seen its fair share of business intelligence missteps and we decided to give you a little warning. Let's take a look at some of the most common BI mistakes.

1. Letting your IT team have full purchasing control

While business intelligence platforms certainly fall under the umbrella of IT, many companies make the mistake of allowing their IT leaders to purchase BI tools without any input from the people that will actually be responsible for using them. This creates a major disconnect between purchase and adoption.

The foundation of business intelligence is good business practices.

"Even the best BI tools are ineffective if they're not utilised, and no amount of training or standardising will convince people to use technology they don't feel benefits them personally," explained Dell Software BI expert Joanna Schloss in an interview with CIO Magazine.

"Instead of telling employees they have to use something, help them clearly understand why they'll want to use it. Clearly articulate the value proposition and adoption will follow."

2. Neglecting to set business goals

The foundation of business intelligence is good business practices. You can't rely on BI tools to carry the full weight of a given project; you need to have clear goals set and processes to achieve them.

Leveraging a BI platform is a smart move for any business but don't make the mistake of thinking your work ends there. You need to build a sturdy foundation of strategy and objectives to see real results.

3. Focusing on features over integration

It's easy to get distracted by all the features a given BI solution can offer you. Modern business intelligence platforms have some pretty impressive functionalities. However, many businesses make the mistake of getting distracted by these bells and whistles and forget about the need for integration with legacy systems.

Features can be important tools but before you get too sidetracked by them make sure your BI solution integrates with your pre-existing business systems.

4. Collecting data but not leveraging it

What's the point of gathering data if you're not going analyse it and use the subsequent information to your advantage? Unfortunately, many companies allow the information their BI solution gathers to collect dust in the corner.

Don't make the mistake of letting this valuable info go to waste. Leverage the information you've collected to make decisions or solve internal problems – strategy and data should be closely tied together.

Ask AtoBI for a helping hand

Here at AtoBI we have plenty of experience helping our clients get the most out of their BI solutions. Reach out to one of our reps today and we'll not only help you steer clear of these common mistakes but get you on board with some of the best BI practices in the game.