Implementing-Business-Intelligence-BudgetOne of the biggest obstacles to implementing a Business Intelligence project is the price that one has to pay when it comes to investing. However, there are many alternative options that you can implement Business intelligence options like OBIEE on a budget. However implementing it on a shoestring budget requires a certain rigour and discipline that must be adhered to at all times. That way, you will be able to save on cost and still be able to enhance the performance of your business.

Here are ten ways in which you can implement your OBIEE on a shoestring:

  1. Follow a chosen methodology

You must choose a vendor that uses one consolidated process for developing business systems. Using a well established process will positively impact the success of the BI project. Whichever business intelligence software vendor that you choose should possess a methodology that has strongly defined structures which in turn will define the processes required to produce a high quality software. That quality software will then satisfy the needs of your business, meet the goals of your company and also be priced at a competitive rate.

  1. Specify the needs up front

Remember that reworking costs over double the price of getting it done the first time.thus if you get it wrong the first time you will have to pay through your nose to redress the mistakes. This becomes especially dangerous because there are vendors who will actually offer you estimates at a low price in order to get your business. Then later they will initiate orders for change which will cost very high. The best thing to do is to get all your requirements evaluated professionally so that there is a common ground created between the client and the project of the client’s requirements.

  1. Always choose fixed prices

Every organisation is working on a certain budget and if you are working with an especially limited budget then the best thing to do is choose a vendor with a fixed price. Such a vendor will offer you a fixed price so that you can predict the expenses ahead and budget accordingly. There will be no surprises and you won’t be suddenly inundated with requests for changes and modifications. However remember that you must be suspicious of any fixed price vendor who is offering you a very low estimate. Later they will keep giving change orders to hike up costs. Also choose a vendor who already has a successful project history.

  1. Only get rack hardware

Hardware is always a vital part of any Business Intelligence project. Therefore go for rack-grade hardware which is of a low cost and then keep upgrading every couple of years. Also, since blade servers have been developed, many servers can be consolidated into a single low cost unit which uses scalable architecture and leads to quick growth. Also, storage has become increasingly low cost with the rise in hard disk storage space.

  1. Start on a small scale

If you are trying to create a project on a shoestring then the entire project should revolve around scalability. Build a system that can be upgraded and expanded to meet the dynamic needs of your business over time. This is why you should use the rack grade equipment. Always build with foresight, keeping the future in mind. First start out with a small segment of your business, the one that requires the greatest amount of analysis. Then you can always scale outwards as and when required. Thus gradual development is always a sustainable plan.

About the author. Rita Davis is a Business Intelligence expert who has written extensively on the OBIEE. Rita likes to read books and listen to soft music when she needs to relax.