A Comprehensive Guide on Making the Right Choice for Your Business
Business Intelligence (BI) is a crucial aspect of any modern organisation. It helps companies make informed decisions, uncover trends and patterns in data, and stay ahead of the competition. With the rise of big data and the growing importance of data-driven decision making, the demand for effective BI solutions has never been higher.
Employing in-house teams or outsourcing to a BI partner like Vision BI are the two primary alternatives available to businesses when it comes to implementing a BI solution. The best decision for your business will rely on the particular requirements and objectives you have. To assist you in making an informed choice, we'll examine the main distinctions between internal marketing and outsourcing to Vision BI in this blog post.
Hiring In-House:
Limited Knowledge & Specialisation:
In-house teams are often limited by their own expertise and experience. Unless your in-house team consists of highly specialised BI experts, they may struggle to keep up with the latest trends and best practices in the field.
Limited Resources:
In-house teams are also limited by the resources available to them. This includes both financial resources (e.g. budget for new tools and technologies) and personnel resources (e.g. the number of people on the team).
Limited Experience:
Another potential drawback of in-house teams is their limited experience. BI is a complex field, and in-house teams may not have the experience and knowledge needed to tackle complex problems and deliver effective solutions.
Capacity Changes & Disruption:
Finally, in-house teams can be disrupted by changes in capacity (e.g. staff leaving or taking on new roles). This can lead to gaps in expertise and a lack of continuity in the quality of BI services delivered.
Outsourcing to Vision BI
Full Range of Specialisations & Services:
Vision BI offers a full range of specialisations and services, including IT specialists for ETL and security, data analysis for deep dive and data exploration, data visualisation specialists to ensure you can see the full picture when it comes to your data dashboards, and business advisors and accountants to make sure your data makes sense, help you interpret the key results, and to assist in analysing areas for improvement. With a diverse range of experts, Vision BI can provide a comprehensive BI solution tailored to your specific needs.
Full Range of Resources, Partnerships, and Tools:
Outsourcing to Vision BI means that you have access to a full range of resources, partnerships, and tools. We use industry-leading technologies like Microsoft BI, SQL Server, Azure, AI, and machine learning to provide the best possible solutions for our clients. Our partnerships and extensive network give us access to cutting-edge tools and technologies, ensuring that you always have the best possible solution for your needs.
Years of Experience:
With years of experience in business advisory solutions across multiple industries and for multiple organizations, Vision BI has "seen it all." Our extensive experience means that we can provide solutions that are tried and tested and can deliver consistent and effective results for your business.
Consistent Services with No Training Required:
With Vision BI, you can expect consistent services with no training required. We maintain talent and capacity, ensuring that your BI solutions are always delivered by experts who are up to date with the latest trends and best practices in the field. This means that you can have confidence in the quality of the solutions we deliver and focus on using the insights and data to drive growth and success for your business.
In conclusion, outsourcing your BI solutions to Vision BI offers numerous benefits over hiring an in-house team. With a full range of specialisations and services, access to the best resources, partnerships, and tools, years of experience, and consistent services with no training required, outsourcing to Vision BI is the smart choice for businesses looking to maximise their BI potential.
