Mergers and acquisitions affect several key factors such as business, legal, human resources, intellectual property, IT, finance, and of course, business intelligence. When two different companies sign up for an M&A, it becomes challenging to confront the complexities in integrating dozens or hundreds of applications and IT systems. Your new mixture of Business Intelligence systems should not be a headache.A BI Fabric helps in easing out the whole process, streamlining the transition and integration of your BI systems from both companies. This blog will see how adopting a BI fabric becomes the best BI investment decision you take during an M&A.
The ChallengeOne of the key projects during M&A for the BI team will be to decide how the new BI systems from the acquired company can be integrated into the parent company. There are few critical decisions that the CIO must make such as:
- Which BI system should be retained from the acquired company?
- Which BI system needs to be migrated?
- Which BI system must be removed from the BI environment?
- Who should have access to which report & so on…
Adopt BI Fabric to your existing BI environmentBI Fabric helps to stitch together multiple BI platforms using a common semantic layer in a unified portal. A BI Fabric is referred to as:
“A set of technologies that allow application development and delivery pros, users, and architects to integrate, leverage, and reuse components from multiple business intelligence platforms.” -Forrester 2018A Forrester research paper titled “Use BI Fabric to Optimize Your Multivendor Business Intelligence Environment” by Boris Evelson categorizes the multi-platform BI integration into seven modules as shown in the image below:Mergers and Acquisitions always involve a huge amount of change management. By having a single BI Portal, the company can train their old and new employees how to access all of their reports from a single place, regardless of where the report is from (the parent company or the acquired company). If the company decided to retire a BI system (or many) and replace all the reports with a new BI system, it will be transparent to the users because they will still always go to their BI Portal to get their reports and they don’t really have to know or care if the report comes from the old BI system of from the new one.Consider a situation where the parent company decides to bring in a new BI system. Having a BI Fabric is certainly an advantage in situations like these which helps to ease out the BI integration and consolidation process.Even if another M&A occurs and technology changes, a BI fabric will make it easier and less disruptive to replace one BI tool with another.