5 Steps To Successfully Develop A Business Intelligence Software Platform

Written by Kevin Liew on 16 Dec 2021
29,329 Views • Miscellaneous

There are several steps to successfully develop a business intelligence (BI) software platform. Cloud BI systems leverage data visualization, mining, and analytics capabilities to help organizations make strategic, information-backed decisions. With these software resources, companies can transform data into actionable insights that improve operational productivity, escalate workplace efficiency, and bolster strong team collaboration. While there are proprietary software applications already available, buying and integrating a third-party application often proves to be incredibly costly. As an experienced programmer, building your own custom software solution is a great alternative. This way, you can build out the features you desire, save on costs, and unleash your creativity. Plus, you’ll be able to challenge yourself with a constant learning curve. To help you get started, read on to learn the key steps to successfully develop a business intelligence software platform. 

Outline Your Core Features

First and foremost, outline the core features that your business intelligence software will contain. You may want your software application to contain several distinct capabilities. For a start, many BI tools support report construction, data visualization, and data cleaning. In addition, you may want to build your platform to perform predictive modeling, analytics, and data preparation. Other important features to build out include executive dashboards and “what-if” analyses. Through solid features planning, you can establish a guide for action, enhance resource utilization, and set actionable performance standards. Plus, you can enable flexibility, dedication, and motivation across your development team. Certainly, outline the core features in your business intelligence software platform. 

Set Up Your Tech Stack

In addition, set up your tech stack with the latest tools, resources, and technologies for business intelligence software development. There are several essential solutions needed to effectively design, develop, and deploy your BI application. For a start, use the openal 3D audio API, which is designed for rendering multi-channel, cross-platform, and positional audio. This is essential if you want to integrate effective sound into your custom software system. In addition to these tools, you may also want to use Docker registries, DevOps pipelines, Helm charts and repositories. Indeed, tech stack configuration is an essential step to successfully develop a business intelligence software application. 

Develop Your Infrastructure

With your tech stack enabled, begin developing your BI software’s infrastructure. Start by analyzing your future plans to design, develop, test, and implement your intelligent application. Then, think about your hardware requirements and network environment needs for your finalized platform to succeed. Afterwards, take time to think about interactions between multiple data sources, as well as various information injections. Of course, there are several unique infrastructure models you may want to choose from. In most cases, development organizations use simple, robust cloud models. By taking advantage of cloud computing, you can promote security, mobility, flexibility, and cost savings throughout your pipeline. Surely, develop your infrastructure to successfully develop a business intelligence software platform. 

Perform Comprehensive Testing

At this point, it is time to conduct in-depth, comprehensive product testing on your BI application. Start off by analyzing your requirements. Of course, you want to ensure that your product’s requirements are consistent, validated, and aligned with your needs. Then, start preparing test planning cases and execution strategies for your various software modules. Then, conduct defect tracking procedures to identify problems that impair your application. Afterwards, you can run pre-launch regression tests on your product. Definitely, perform comprehensive testing on your business intelligence software applications. 

Conduct Product Maintenance

Now that your product is live, its time to begin conducting routine maintenance. During this stage, you essentially want to guarantee that there are no issues, bugs, defects, or errors within your application. Typically, many hazardous problems arise that are related to deployment. To inspect your system, this phase will involve a lot of analyzing, reviewing, and monitoring. Of course, this is most important for infrastructure configurations, network settings, and application services. This way, you can streamline bug fixes, increase safety, and minimize downtime. Also, these techniques are essential to minimize repair, restoration, and disaster recovery costs. Absolutely, conducting product maintenance is an essential step to develop a BI software platform. 

There are multiple steps to successfully design, develop, deploy, and distribute custom business intelligence software applications. First off, outline the core features that your software will contain. In addition, set up your tech stack with the latest tools, resources, and technologies. With your tech stack enabled, begin developing your software’s infrastructure. Now, you are ready to conduct maintenance on your software product. Follow the points highlighted above to learn the key steps to successfully develop a business intelligence software platform.

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