Business Intelligence Competency Center (BICC)
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Techopedia Explains Business Intelligence Competency Center (BICC)
For an organization, a BICC aids in decision making by providing a fact-based approach with the help of processes and resources. The responsibilities of a BICC include developing plans, applications, practices, architecture, data integration, data governance, data quality, infrastructure and competencies for an organization using business intelligence and other analytic applications.A BICC brings tremendous benefits to business and information technology. It can reduce the implementation costs and deployment risks, especially with implementation projects, with the help of business intelligence solutions. This allows a business to gain the maximum value of technology investments. Again, rapid and quick resulting deployments are possible with the help of the best practices promoted by the center. Faster and higher adoption of the end-to-end business intelligence life cycle is possible through the BICC, and this results in improved user experience and service.
Standardization of processes and business and initiatives is enabled, which helps an organization in reacting quickly to business or organizational changes. Delivery of quality information across the organization is ensured by the BICC.
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