What's the real value of BI?

One. Embodiment of BI's real value

1. Value of rich industry business application experience (referred to "industry experience hereinafter)
    Industry experience is obtained during the continuous development and transformation of business, but not accumulated in a short period. During the transformation process, the will become familiar with the track of the development of the industry, systematically grasp the industry application knowledge and draw related methods, rules, policies and regulations to process, apply and solute businesses, for a set of mature business application model and provide constructive guidance and advices and decisive foundations. Those who have rich experience are always called old hands, elites, professionals and consultants of the industry. Their "industry experience" has inestimable value.

2. Value of BI products ("BI value")
    BI is a field that develops fastest in the IT industry in China. Foreign products cost hundreds of thousands and even over one million RMB and domestic products cost tens or hundreds of thousands RMB.

    BI integrates and demonstrates the "industry experience" of many years of the industry. Even if clients own "industry experience" of many years, they cannot speedily and efficiently apply and display their "industry experience" without a BI assistant instrument even if they have many years' "industry experience" On the contrary, even when there is a BI product, but no agents with "industry experience" are using it, it will not be able to demonstrate its value to the full extent. Few people apply BI at present and those who know both "industry experience" and BI application are even fewer. So if a person enjoys "industry experience" and knows BI, the value created by BI is unimaginable.

Two. The value of industry application BI solution platform: to create new profit-making area and great margin!

    BI application is indispensable for any industry that is involved in analysis and decision supports. There is no need to repeat the extensive applications of BI. The real value of BI is embodied in: value of rich industry business application experience + value of BI product = value of industry application BI solution platform. Once an enterprise understands the value of the platform, it will bring new profitable area for IT enterprises fiercely competing in the present market and create large volumes of profits! In fact many IT enterprises have gained rich " industry experience" in various fields from many years operations. They enjoy rich "industry experience" and resources in such fields as taxation, insurance, telecom and public securities. If they can fully understand BI, and build an industry BI solution platform on the basis of the advantage of BI instrument, they will significantly enhance their competitiveness and bring the value of their "industry experience" into full play. The following is an example of a social security fund built by "BlueQuery (BQ) Enterprise V" for the social insurance industry:

    "BlueQuery Enterprise V" has achieved significant outcomes in the implementation of social securities and has been promoted and applied extensively in the field of social security. A certain IT enterprise with many years' "industry experience" in the social security field greatly improved the situation of the social securities units by using "BlueQuery Enterprise V" and then vigorously promotes and applies the social securities fund solution platform built by "BlueQuery Enterprise V" among its old client groups by making full advantage of its abundant client resource, which brings forth large profits for it.

    Be is essential to the implementation of software engineering because its application and implementation can actually reduce development and maintenance cost.

1. Two thirds of the participants of the BI implementation are non-specialists in IT fields (Please refer toSunnet Technology Introduced Satisfaction Guarantee Program for BI and Report Productsfor details). The remuneration of IT personnel is greatly different from that of non IT personnel, so BI can significantly reduces the cost of human resources in the long term implementation of software engineering.
2. In the implementation of software engineering, using BI products (namely BQ products) will significantly save the whole development period and maintenance time because time is money. (Please refer to Illustration One in What is the Most Comprehensive and Perfect BI product？ ).
3. During the implementation of software engineering, over 90% of work is done with no need to write codes, which is very convenient for later maintenance and the handover of jobs between the predecessors and successors, so it immensely improves work efficiency.
4. The powerful and comprehensive functions of BI products can solve most of the application problems during the implementation of software engineering, which greatly reduces the cost of massive second development.

    In conclusion, the above saved costs should be paid attention to because they are quite large profits for the enterprise in the long term!

    The profits are very small in the domestic IT industry due to strong competitions, and the appearance of BI products brings forth a huge margin space for the industry. With the increasingly perfect functions of BI products, the profits they create will become bigger and bigger. The promotion and application of BI products will become a profit-making area which will develop very swiftly.