Business Intelligence Blog from arcplan
20Oct/110

BI for SMBs: How to Select the Right Business Intelligence Solution for Your Size Business

by

Business Intelligence (BI) is not just for Fortune 1000 companies anymore. Many small- and medium-sized businesses are moving beyond manually tracking Key Performance Indicators (KPIs) in spreadsheets and are making use of the same analytics and reporting that large enterprises rely on. Deploying BI is a big decision for any company, but especially for SMBs with limited resources and budget constraints.

The first step to implementing a BI solution is to develop a list of good buying criteria. While each company has a unique set of priorities, a standard set of rules for the majority of SMBs is to adopt solutions that:

  • Are easy to install, configure and manage
  • Require minimal customization and are simple to use
  • Don’t increase demand on already limited IT resources
  • Can easily integrate with existing systems
  • Have straight-forward and simple pricing
  • Can be consumed in modular components and extended when required
  • Are relevant and proven in same-size and same-industry companies

There are a number of BI vendors with easy to use, affordable, and scalable software solutions that offer an ideal entry point into BI so you can take your decision-making to the next level. You simply need to find the right solution that fits your individual business needs.

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