For Business Process & Applications Professionals (Length: 21 pages)

August 25, 2009

The Business Case for BI: Now More Critical Than Ever

This is the first document in the "ROI Of BI" series.

by Boris Evelson

with Rob Karel, R "Ray" Wang, Charles Coit


Executive Summary (This is a document excerpt)

Even as IT reduces or holds budgets steady in many enterprise software sectors, business intelligence (BI) initiatives remain front and center in most enterprise business and IT agendas. As the demand for pervasive and comprehensive BI applications increases, the complexity and cost of large enterprise BI implementations are not easily reduced. Therefore it is now more critical than ever to demonstrate tangible value from BI by building bulletproof BI business cases. However, challenges including the grey boundary lines around which processes and tools to include, multiple BI components that typically need to be customized and integrated, and frequent unpredictability of BI system integration efforts make BI business cases an effort not for the faint of heart. This first document in the "ROI Of BI" research series reviews the major categories of BI business cases, analyzes typical BI ROI components, and argues against building an all encompassing, enterprisewide "über-business case" for BI. Future documents in this series will provide in-depth BI ROI models based on Forrester Total Economic Impact™ (TEI) methodology.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemThe Bulletproof BI Business Case: Now More Critical Than Ever

itemGet Your Feet Wet With The BI Business Cases Targeting The Bottom Line

itemBusiness Case Development Must Evolve In Value Delivered Over Many Phases

recommendations

itemSimplify Your BI Business Case Before You Start

Forrester interviewed a number of vendors to contribute to this report, including Fujitsu, HCL Technologies, IBM Cognos, QlikTech, SAP Business Obects, SAS Institute, and Wipro.

Related Research Documents

itemQuantifying Technology Investment Risk

April 10, 2009

itemBI Belt Tightening In A Tough Economic Climate

February 20, 2009

itemThe ROI Of Master Data Management

October 29, 2008

itemThe Total Economic Impact™ Methodology: A Foundation For Sound Technology Investments

August 4, 2008

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Analyst: Boris Evelson
Technology: Application Strategy & Selection, Business Intelligence, Information & Knowledge Management, IT Management, Packaged Applications, Serving the Business, Sourcing & Procurement, Sourcing Strategy & Execution
Geography: Asia Pacific, Europe, North America

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Rating: 9 out of 10
based on 2 ratings across all roles.
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