Driver for Business Transformation in - Wipro
Driver for Business Transformation in - Wipro
Driver for Business Transformation in - Wipro
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BUSINESS INTELLIGENCE‐ DRIVER FOR BUSINESS TRANSFORMATION IN<br />
INSURANCE INDUSTRY<br />
ROAD MAP FOR A SUCCESSFUL BI PROGRAM<br />
‐ Five Best Practices That Can Create an Adaptive, Agile and Robust BI Plat<strong>for</strong>m<br />
Adopt the <strong>in</strong>cremental and iterative (2I) Approach <strong>for</strong> BI programs<br />
The common conception is that BI projects are behemoths and would always run above budget and<br />
beh<strong>in</strong>d schedule. And that when the program goes live the requirements of users would have long<br />
changed.<br />
Figure 2: Intelligence Enterprise Survey 2008<br />
The above survey results po<strong>in</strong>t to the fact that more than half of the BI projects did not meet the<br />
aspirations of the bus<strong>in</strong>ess.<br />
The 2I approach to BI projects can be summarized as follows:<br />
Get together with bus<strong>in</strong>ess and prioritize user requirements<br />
Divide the development of requirements <strong>in</strong>to small development cycles of 1 to 4 weeks and<br />
showcase the end results to bus<strong>in</strong>ess and get their buy‐<strong>in</strong><br />
Iteratively <strong>in</strong>crement the scope of the BI plat<strong>for</strong>m<br />
Do not put much ef<strong>for</strong>t <strong>in</strong> upfront detailed architecture, model<strong>in</strong>g and requirement capture<br />
6 | www.wipro.com/<strong>in</strong>dustryresearch<br />
WIPRO TECHNOLOGIES
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