As with any information solution, a BI implementation requires the installation of systems, processes and tools to enable a breadth of required capabilities. These tools are essential to data collection and the resulting quality of useful and actionable information. Each organization has unique requirements and must properly define them and understand its overall objectives to effectively select or create the tools to maximize BI’s benefit.

Taking these four key components of a meaningful BI implementation into consideration, an organization should evaluate its BI goals and capabilities, thoughtfully evaluate its current business and the steps required to reach their desired outcome and formulate its business objectives and overall requirements.