How to succeed in business intelligence initiative : a case study for acquisitions in Romania public institutions
Part of : WSEAS transactions on business and economics ; Vol.5, No.6, 2008, pages 298-309
Issue:
Pages:
298-309
Abstract:
Considering the demands of knowledge society each organization must became an intelligenceorganization. Business Intelligence (BI) helps achieving this goal. The large variety of Business Intelligencesolutions on the market, the difficult process to select one of them and evaluate the impact of the selectedsolution on the organization leads to the need of creating a strategy to help organizations chose the best solutionfor investment. Taking into account that every organization must spend its money carefully, and every solutionthat does not provide a rapid impact on the basic business is not considered a viable solution, the efficiency ofits use must be correctly evaluated and demonstrated based on evaluation criteria, but also through monetaryanalyses (more difficult to achieve). We suggest and explain the main steps in order to choose the right solutionand to evaluate it and we present a case study of the integration in Romanian public institutions of a BusinessIntelligence solution for acquisitions.
Subject:
Subject (LC):
Keywords:
business intelligence, innovative strategy, public acquisitions, return of investment, metrics, efficiency
Notes:
Περιέχει γραφήματα, πίνακες και βιβλιογραφία
