What is needed for Management Information and Business Intelligence?
Management Information and Business Intelligence is not a one-size fits-all. While there are many common problems, each organisation has their own specific needs and challenges. However, there are the following key factors in all solutions:
- What output is required e.g. standard reports, web pages or the ability for the staff to perform their own analysis.
- What data is required as starting point.
- Where the data is located (in which source systems).
- Transforming data to make it suitable for management information (e.g. translating system codes to meaningful values).
- Adding business value with structure, consolidation, calculations etc.
- Presenting the information in either standard reports or cubes to allow further analysis (slicing/dicing).
Huma BI products address all these key factors.