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Business Intelligence Consulting: More than just numbers

Business intelligence doesn't have to be complicated. We make it easy for you to understand and use your data. With our help, you can transform your company into a data-driven organization.
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Michael Hauschild
11.10.2024 15:16
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Minuten Lesedauer
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Woman explains business intelligence to group of people

What is business intelligence?

Imagine You would have a treasure map for your company's success. Business intelligence It's exactly that card. It helps you find and use the hidden treasures in your data.

With business intelligence, you collect, analyze, and interpret data from various sources to make informed decisions. This is how you develop into a data-driven companies, which achieves its goals in a more targeted manner. As data consultants and BI specialists, we support this.

Business intelligence is flexible. Every company is different and has its own challenges. That is why there is no fixed process. Instead, we tailor business intelligence to your individual needs. This involves:

  • Data analysis: We find the important information in your data.
  • Data visualization: We make complex data understandable and clear.
  • Reporting: We create clear reports and dashboards so that you always have an overview.

In short: Business intelligence helps you become more competitive, work more efficiently, and grow faster.

Why you need business intelligence consulting as a company

Data is the new gold — you've probably heard that already. But data alone does not make for a successful company. It depends on what you do with them.

Imagine that your company is sitting on a treasure trove of valuable information. But without the right map and tools, you'll never find it. This is exactly where business intelligence consulting comes into play.

The challenges are varied

  • Data flood: You're overwhelmed by data and don't know where to start.
  • Lack of expertise: Your team lacks the necessary know-how to extract real added value from the data.
  • Uncertainty when choosing tools: The market offers a variety of BI tools — which is right for you?

Business intelligence consulting offers you

  • Clarity: We'll help you understand your data landscape and develop a clear strategy.
  • Expertise: Our experts are very familiar with the latest technologies and methods.
  • Tailored solutions: We tailor our advice to your individual needs.
  • trainings: We empower your employees to work independently with the data.

In short: With business intelligence consulting, you get the most out of your data and create a decisive competitive advantage.

What are the goals of companies with business intelligence?

Many companies are collecting huge amounts of data today. But this data often remains unused. Business intelligence is changing that.

With business intelligence, you can:

  • Make data-driven decisions: No more gut feeling! With business intelligence, you base your decisions on facts.
  • Optimize your processes: By analyzing your data, you can find weak points and improve your processes.
  • Discover new business opportunities: Your data contains valuable insights that can help you open up new markets.
  • Understand your customers better: With the help of data, you can get to know your customers better and offer them exactly what they're looking for.

The goal is clear: You want to further develop your company and make it successful. Business intelligence is your key to that.

How can data consulting support the implementation of a business intelligence strategy?

You're busy collecting data, but don't really know where to put it? That is a problem that many companies have. Data consulting such as The Data Institute sheds light on the darkness.

Our experts will help you create a clear roadmap for your data. We analyse your current situation, identify your goals and develop a tailor-made strategy. This ensures that your data is used optimally. Feel free to have a look at our Data Audit Stop by to find out more about our approach.

Business intelligence organization

How is your data landscape organized? Is your data department based in a separate area or is it distributed? How is knowledge about data shared? These questions are critical to the success of your business intelligence initiative.

Good organization ensures that everyone pulls together and that the data is used efficiently. There are various models, such as centralized or decentralized structures. Together, we'll find the best solution for your company.

Learn more about our data organization approach.

Business intelligence culture

Data is more than just numbers. They are an important part of your corporate culture. A data-driven culture means that all employees are open to new ideas and are ready to make decisions based on data.

We help you create such a culture. This is not only about technical solutions, but also about people. Business intelligence can only be successful if everyone is involved.

Learn more about our data culture approach.

Business intelligence architecture

Think of your data as a house. The architecture is the blueprint. It shows you how your data is structured, where it is stored and how it is connected to each other.

A good data architecture is the basis for successful business intelligence. We'll help you structure your data landscape and ensure that all data is consistent and accessible.

Learn more about our data architecture approach.

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What are the benefits of business intelligence consulting?

Do you have the feeling that you are losing track of your data landscape? Or would you like to get even more out of your data? Business intelligence consulting gives you the boost you need.

Why a consultant?

  • Objective look: Our experts look at your company with fresh eyes and show you new perspectives.
  • Knowledge building: We provide you and your team with the necessary know-how to use your data effectively.
  • Clear timetable: Together, we develop a tailor-made strategy for your business intelligence and data strategy.
  • Cost savings: Through targeted measures, you avoid unnecessary costs and use your resources efficiently.
  • Competitive advantage: As a data-driven company, you are well prepared for the future.

What exactly are we doing?

  • analysis: We analyze your current situation and identify your potential.
  • Strategy: We develop a tailor-made strategy that fits your goals.
  • implementation: We help you implement your strategy and select the right tools.
  • training: We train your team so that they can carry out the new processes independently.

In short: Business intelligence consulting gives you the tools to use your data to your advantage and make your company successful. Feel free to find more in our BI Services section about that.

What steps does a business intelligence consultation with us consist of?

Status Check - Data Audit

In the first step of building reporting and business intelligence, we analyze the company's existing maturity level with regard to data — our data audit. In doing so, we identify the first use cases for dashboards and reports, which we develop and implement in further cooperation. In doing so, we include the weak points and requirements of the company.

First, the agency's consultants must get to know the company, understand the existing level of maturity and recognize a comprehensive overview of the special features of technology, organization and culture. For that, there is a data audit.

Development of a BI Strategy

Based on the audit, we develop a business intelligence strategy tailored to the company, which takes into account both short-term and long-term goals. To do this, we also examine the tool stack and involve the relevant stakeholders and the entire data department. Because a strategy must fit the culture and organization. From this point on, the Business intelligence strategy will be created.

Data integration and preparation

The next step is to implement the strategy: To this end, the relevant data sources are integrated and a consistent and reliable database is established. This data is structured and cleaned so that it is suitable for processing in dashboards. This includes the implementation of Data Governance-Guidelines.

Implementation of Reporting and BI Solutions

Visualization is a big part of business intelligence. When data is presented well visually, this increases the understanding of specialist departments and stakeholders — immensely important in order to increase the priority for data and establish a data culture. Now it's time to build your first dashboards! At The Data Institute, we recommend software that suits the respective company and is state-of-the-art - because there is little worse than implementing software that is no longer modern a little later and fits the rest of the tech stack. The dashboards and reports must be adapted to the respective stakeholders.

BI tools and tech stack

The list of tool providers is huge. In addition to large providers such as SAP and Microsoft, there are also many medium-sized and smaller SaaS providers who can add great value to the organization.

The right selection of these tools, tailored to corporate goals but also in line with previous tools and processes, ensures smooth processes and efficient results.

Change Management and Employee Enablement

Every organization is only as good as its team — in order to be able to achieve the goals set, it is essential to “involve” employees. From self-service to reporting to data literacy — change management often involves several steps.

Find more information in our Reporting and Business Intelligence area.

How do companies find the right business intelligence consulting?

But which agency should companies choose if they are interested in business intelligence consulting?

Selecting the right partner for business intelligence consulting is a decisive factor for the success of the entire process. An important aspect is that it “fits humanly”: The consulting team should harmonize well with the company, both professionally and personally, in order to enable effective cooperation. In addition, the consulting agency should be able to look at the company holistically and understand the specific requirements and goals.

This also includes corporate culture: The Business Intelligence Agency should examine and take this into account in order to determine which innovations are feasible and how they can best be implemented.

Flexibility is another important factor: The agency must be able to adapt to changing business conditions and requirements.

Finally, the agency's experience in developing business intelligence strategies should be considered. An agency that has extensive experience and track record in this area can provide valuable insights and best practices that help optimize the organization's BI efforts and get the most value from existing data.

How do I find the right business intelligence consulting for you?

Choosing the right business intelligence agency is crucial for the success of your project. It is about more than just professional competence.

What you should pay attention to:

  • Chemistry is right: Collaboration should work on a personal level. The consulting team should understand your company and share your goals.
  • Holistic view: Consulting should look at your company as a whole and not just individual aspects.
  • Kulturfit: Corporate culture plays an important role. The agency should know and take your culture into account in order to develop suitable solutions.
  • Flexibility: Requirements are changing. The agency should be able to adapt and grow with it.
  • Experience: An experienced agency brings valuable know-how and best practices.

Why you should choose The Data Institute as a Partner?

Are you facing major challenges? Is your data not really getting you anywhere? Then you've come to the right place!

The Data Institute is your partner for data-driven success. We understand your business and know how to make the most of your data.

What makes us special?

Your success is our goal: We work closely with you to solve your individual challenges.

Comprehensive expertise: Our team consists of experienced data experts who move your business forward.

Tailored solutions: We develop individual strategies that are perfect for you.

Partnership-based cooperation: We work hand in hand with you to achieve your goals.

Feel free to find out more about our undertakings and our vision and mission out.

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Data Strategy

When what happens how and why — that explains the data strategy.

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