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Analytics and Advice

Lime Intelligence offers our customer's advice on the ‘what’s next’ steps of transforming data into actionable insights, including:
Lime Intelligence offers our customer's advice on the ‘what’s next’ steps of transforming data into actionable insights, including:
Business Intelligence Advice
Aviation Consulting
Business Intelligence Strategy

Insourcing vs Outsourcing Business Intelligence

One of the great dilemmas in business is deciding what to do in-house and what to outsource?

When it comes to Business Intelligence, the key questions to ask are –

1

Do you have the expertise internally?

2

What is the most efficient method of gathering and applying BI?

3

Who are the right people and what skill sets do I need to execute?

If you don’t have the multiple skill sets you need in-house, you either employ a team of people to fill that function or you contract someone like Lime Intelligence.

The pros of doing it in-house is that you have integrated people inside your business making decisions in collaboration with other team members. You have control of the process and timings.

What types of skills do I need for successful BI?

Lime recommends a mixed skills team based on our experience to date including:
Data Engineers
Data Analysts
Business Analysts
Visualisation designers
BI developers
Project Manager
IT Support
Data Culture coordinator

Alternatively, outsourcing the function of BI means you have instant access to expertise which means they can bring best practice standards immediately to the table. Consultants will have seen the same issues before in other projects so the efficiencies of learning are also much greater.

Then there’s the matter of cost. Building BI capability in-house can require an investment in time, people and training. And there is often a time lag to employ and skill up resources (who often still need external support, costing more money and time).

By engaging an external support business like Lime Intelligence, you are activating immediate skilled resources, equating to lower rates of failure and extra peace of mind.

Food for thought.