Landsbankinn

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Summary of Newspaper Article

由Seema Kharab

Lean Tools Kit LT IMBA Sep16

由Felipe Quintana

Tim Hortons

由Joshua Wong

IM/KM Plan

由Lori Saulibio

Landsbankinn

3. Choosing the right tool: SAP BO and Targit Comparison

Benefits of Targit over BO

Ability to use Alerters

Ease of Use

Benefits of BO over Targit

Complete BI Platform

Integration option with other products & tools (MS Office, Sharepoint, Web Services, Mobile Devices)

Ability to query both OLAP and Relational Databases

Niche Players (Targit) and Leaders (BO) according to Gartner

Niche Player: Niche Players are those that do well in a specific segment of the BI platform market -such as reporting- or that have limited capability to innovate or outperform other vendors in the market. They may focus on a specific domain or aspect of BI, but are likely to lack depth of functionality elsewhere.

Leader: Leaders are vendors that are reasonably strong in the breadth and depth of their BI platform capabilities and can deliver on enterprisewide implementations that support a borad

Here you will present a very general comparison between Targit and BO. This will help the people understand the "dilemma" the bank had on chosing one tool over the other one.

2. Benefits of BI Standardization

Focus on how to better use BI and capture best practives vs focusing on redundant skill sets, integration points and project requirement analyses

Gain better business insights (By sharing information across the company)

Benefit from Economies of Scale / Lower Costs

Reduce User Frustration / Better Alignment with Business Users

Increase control and reduce data inconsistency

Avoid Wasteful Duplication

Since this is the main problem you are having nowadays, it is important to present what are the benefits that you are trying to acheive by standardizing your BI solutions.

1. Current BI Environment

Number of users per solution

The People behind the BI Team

Number of BI Solutions

Targit, SAP BO., SaS, Cognos

It is important to give the people a general idea on where you are standing regarding BI at the bank (this will help us explain why some changes were needed)

7. Q & A Session

We need to have some time for a Questions and Answers session where we allow the users to voice their concerns and clear any misunderstandings they could have about the BI Implementation at the bank. (15 minutes)

6. Migrating from Targit to SAP BO

It would be good to present a practical example on a Targit to BO migration so that the users have an idea of what to expect

Migration Roadmap

Testing

Which departments/cubes will go first?

Goal on # of reports per month

5. BI Strategy

What are the next steps for BI at the bank? Chosing the right tool is just the first step. Will a BI Competency Center be created? Will training be given to users? What will be the Roadmap for migrating from Targit to BO? For how many months more will the bank be supporting Targit? Will more people be addedd to the BI team? People will have tons of questions so we need to give them a good idea on what the plan for BI is to calm them a bit.

4. Why did we choose SAP BO?

Considering that overall Targit had been doing a good work compared to BO at Landsbankinn, people will be interested/expecting to hear what were the reasons the bank had to chose one tool over the other one.