Business Intelligence Data has Disney Making Magic
Controlling all of the Business Intelligence Data will Help with Better Business Decisions
Because Disney takes in over a billion dollars in merchandise revenue every year, they saw the need to handle their business intelligence data to help keep better track of their numbers. Disney started “small” with just their theme and water parks but will eventually go “big” and incorporate their parks in Tokyo, Hong Kong, Paris and Shanghai. Even though there is nothing “small” about Disney, it is easy to see how they can classify their version of small and ours. If the handling of business intelligence data worked for a company as large as Disney, there is no doubt that it will work for your company as well.
Build it and They Will Come
Disney built a new data warehouse to handle their business intelligence data. Of course, Disney is known around the world so their business intelligence data will probably be of a larger scale than yours but you get the idea. They saw that the need was so important they focused an entire data warehouse on their business intelligence data. Their goal was to support analytical reporting to capture their business intelligence data and ensure that it was accurate and real time information. Their new business intelligence data warehouse has allowed them to take better care of managing their inventory, analyzing their sales numbers and predicting their demand for future merchandise in specific areas of the company.
How to Start Your Own Business Intelligence Data Warehouse
Take some tips from Disney to ensure that you follow the proper procedures in implementing your own business intelligence system.
- Look at the business intelligence data warehouse from the business side of things.
- Only focus on the most important data or your facts will be lost in a sea of numbers.
- Make sure you use checks and balances.
- Keep the business intelligence data simple and easy to decipher.