Saturday, 23 August 2014

Microsoft Dynamics AX- How To Find The Best Business Intelligence Solution?

Every day thousands of Microsoft Dynamics AX users ask this question, how to find the best business intelligence solution for their business. This is a tough question to answer as every business is different and need customization options. There are various influential factors such as company size, existing BI solution, preferred platform such as Oracle or SQL and many more.
According to experts, business intelligence solution can create problems if there is a data warehouse to support the function. Here we have gathered few options to solve this mystery such as:
Microsoft Dynamics AX offers embedded business intelligence solution, try it.
• Combine Business Intelligence solution with BIDS with your data warehouse.
• Invest in pre-packaged business intelligence solution designed especially for Dynamics AX.
• Invest in purchasing a drag and drop tailored data warehouse to generate SQL codes and to build OLAP cubes.
Microsoft’s Business Intelligence Development Studio offers a development platform for SQL experts to create a data warehouse using OLAP cubes. O companies with in-house IT experts can opt for this solution. However, one should remember that BIDS is a pretty complex system and it takes a lot of time to build a BI solution. And it can affect your budget line.

What Microsoft Dynamics AX offers?

Dynamics AX offers to its licensed customers BI components OLAP cubes to support AX modules. These modules are not dependent on actual data warehouse which allows possible amendments in measure, dimensions and KPIs. However, these changes need complicated and experts’ advice. According to experts’, it is not a good idea to integrate ERP with business intelligence. On the other hand, tools like Profitbase, Qlikview, iQ4bis and Targit are offered by Dynamics for business intelligence.
They all offer great benefits such as fast implementation of BI solutions. However, experts have one issue only and that is they are not offering real data warehouse solution and also they do not let you to use their propriety front-end tool. Their prices vary from $15,000 to $100,000.
All these above guidelines will help you in finding the best BIS for Microsoft Dynamics AX. Selection of the solution is entirely dependent on your circumstances but these guidelines will help you in finding the best solution. It is also advised you to look at other tools available in the market to build your data warehouse. Microsoft Dynamics AX offers different yet very comprehensive BI solutions but its implementation requires expertise and a timely consultancy.
The pricing of the tool is quite reasonable when it comes to finding its functionality. This tool offers cost effective solutions because it comes under one license. Microsoft Dynamics AX offers a monthly subscription to rent its license and this way even medium sized companies can also take benefit from this opportunity. In fact, experts consider this right and timely investment that can boost your productivity and help your company in many ways.

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