GRT Successes

Get Adobe Flash player

 

"GRT’s methodologies for accomplishing the project goals were reflected in the way their people performed on the project, and they always produced the highest quality results"  more»

 

Follow Us

        

Seaport-E Award

Prime Contract Holder

Contract: N00178-15-D-8229

 


data security, regulatory and privacy management

Compliance, Security, Data Masking, New York, Connecticut, New Jersey, Massachusetts, Rhode Island

GRT provides expert IT Risk Management, Data Security, Data Privacy, Data Masking and Regulatory Compliance consulting services to companies in the United States and arround the world.

data security, regulatory and privacy management

business intelligence, operational, analytic and business reporting

Business Intelligence, New York, Connecticut, New Jersey, Massachusetts, Rhode Island

GRT assists you in development, design and implementation of a data warehouse and business intelligence strategy that ensures common framework across the enterprise.

business intelligence, operational, analytic and business reporting

Information strategy, gap analysis, tactics, design and implementation

Data Warehouse and Business Intelligence Staffing Solutions, New York, Connecticut, New Jersey,  Massachusetts, Rhode Island

GRT is a leader among expert staffing solutions in IT functions associated with Data Security, Business Intelligences and Data Warehouse. We help you meet your information management consulting and staffing needs.

Information strategy, gap analysis, tactics, design and implementation

Cost of BI

Despite the rocketing popularity of business intelligence and its proven significant ROI, nearly one third of companies think the cost is still prohibitive. However, in an article on Yurbi, 5000fish takes on the sensitive subject of just what exactly are the costs of that bells-and-whistles-BI? Six factors must be kept in mind with regards to operational and set-up costs of BI.

Cost of Software: This is an obvious one but remember that it is all too often just the tip of the iceberg. Remember that price doesn't always equate to value; flexible pricing is important so services can be scaled as your company grows.

Cost of Deployment: Many companies spend much more than budgeted for on deployment of their new BI system. In many cases the vendor, or an approved partner, must install the system and this can be costly. Even if your in-house IT does it remember the need to cost for a few days taking them away from their day-jobs.

Cost of Traditional Project Management Life Cycle: The majority of vendors inevitably follow the traditional route: requirements, installation, implementation, testing and development. By using the right BI tool for your needs the sum required for project management life cycle can be kept in check.

Cost of End User Training: As with the cost of deployment, costs associated with training are almost always overestimated. Choose a system that is (relatively) intuitive and with a wealth of self-service tools and the cost of user training can drop significantly.

Cost of Administration: The people cost of administration of your new BI system can devastate the ROI. Traditional BI systems aren't always very well integrated, they are notoriously challenging to administer and many weeks of formal training can be needed. This becomes a prohibitive cost – though entirely necessary.

Cost of Operations and Maintenance: Budgeting for this accurately can quickly become impossible. If a solution required a member of IT or an outside consultant to build and change reports, adjust security settings, or other administrative tasks then costs can quickly rocket – especially since you cannot always predict every change or additional report that might be required.  A system with a good change management process is a good start to reducing uncertainty in this area.

All of the above needs to be taken into account when choosing a system. As mentioned at the beginning, the price of the software is often just the tip of the iceberg and costs can quickly mount if the project is not considered and managed carefully.