How to Design Your BI Infrastructure to Fetch Competitive Advantages
Which business isn’t operated with data? Most entrepreneurs across GCC countries depend on internal or external resources for data-driven decision-making. With a thorough data-driven analysis, you can have all the information about the current ongoings in the business and the industry. Otherwise, you may end up making bad decisions due to a lack of data.
And while looking forward to a 360° view of your corporate infrastructure, including the trending projects across GCC countries, integrating a construction business intelligence infrastructure is the best way to transform your unstructured business data into something useful and fetch a competitive advantage.
But while bringing business intelligence infrastructure into your current corporate infrastructure, you should know the proper strategy to do so to ensure it can be integrated smoothly into your organisation’s workflow. See here.
A Step-by-step Guide to Designing Business Intelligence Infrastructure for Corporate Infrastructure Integration
BI or business intelligence is a process to gather, structure, analyse and utilise raw data into useful business insights. A business intelligence infrastructure uses construction business intelligence data analysis tools to organise unstructured data into easy-to-understand information dashboards and provide actionable insights for your business, leading to informed data-driven decision-making.
Generally, the BI process follows four steps, including data collecting, standardisation, analysis and reporting, while on the contrary, the business intelligence data analysis tools form the BI infrastructure.
Now, let’s see the steps to integrating BI into your current corporate infrastructure.
#1: Explain BI to your stakeholders and employees-
Construction business intelligence integration into your existing business infrastructure means having a depth-in insight as well as forecasting of your company and the current construction market of GCC countries (the UAE, Kuwait, Qatar, Bahrain, Oman and Saudi Arabia) based on the past data processing. But the overall framework can be different depending on your business size. That’s why introducing BI to your employees and stakeholders is necessary to ensure all are on the same page.
Also, make sure you discuss the actual business issue with your staff and stakeholders you need to work on and integrate BI infrastructure.
#2: Find the right business intelligence tool-
While planning to integrate business intelligence infrastructure into your existing corporate infrastructure, be sure you determine the right business intelligence data analysis tool you need. Choose the platform covering your industry-specific data analysis, like construction business intelligence tools, with adaptable possibilities. Take the following factors into account here:
- Your business size
- Your industry type
- Your business requirements
- Your overall market needs
#3: Gather a perfect BI team-
To create a BI team, you need to pick people from every department of your company to ensure you receive department-specific data and resources. It will ease communicating with staff and working on BI strategy for competitive advantage.
#4: Document and develop your BI strategy-
When you have a team and data resources, you can go ahead with developing your strategies for BI infrastructure integration into the infrastructure of your enterprise. Here, you can use BI strategies based on your company size, business model and competitive market traditionally for tracking data and analysing the details by sectors or let a construction business intelligence data analysis tool do it for you.
Need Help with BI Infrastructure?
While looking for a construction business intelligence data analysis tool for extracting data with high accuracy regarding infrastructure projects in GCC countries, come to PROJECT INTEL, a portal platform. We have tracked over 3,899 infrastructure projects so far worth over $614 Bn around. With our construction development data analysis tool, you can get accurate leads and even listings of major projects, consultants and contractors and integrate BI infrastructure smoothly into your current corporate infrastructure.
If interested, click here to request a demo orstart your FREE trial today.