Defining Precise KPIs – The Key to Successful Business Intelligence Services

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Why are Well Defined KPIs Critical to the
Success of BI Solutions?
If it cannot be measured, it cannot be managed
Peter Drucker.
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Key Performance Indicators (KPI)

• KPIs are the best mechanism to measure and manage
  business
• Garnering success without measurement of
  activities isnt feasible
• Extract KPIs relevant to organization, its goals,
  its requirements and its customer history

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Business Intelligence Services

• Defining best possible KPIs and measuring
  relative business analytical information is the
  optimal way to ensure a successful run
• Business Intelligence has proven to be a power
  booster to trending domains like Fintech, proving
  its mettle with its data analytics and visually
  appealing dashboards / reports

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Well Defined KPIs A Power Booster to BI

• With vital performance indicator areas,
  identification and extraction of the best of KPIs
  is an essential ingredient in the success of the
  multiple activities related to BI solutions
• Based on the domain and area of expertise, the
  key performance indicators that need to be
  measured to ensure an up and running BI setup may
  differ and change

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5 Core Steps to Help Define Most Accurate KPIs
for a BI Solution
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Evaluate Major Business Objectives with a
Top-down Approach
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Start from a Few KPIs and Then Segregate Further
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Analyze your Available Information with a
Measurable Tact
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Associate your KPIs with BI Dashboard / Reports
Precisely
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Look for Value Addition in the Information Pool
with Help of KPIs
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