Article Title
Optimizing Business Intelligence Solutions: A TOPSIS-based Assessment of Micro Strategy Implementation Alternatives
- Author Name: Rakesh Mittapally
- Affiliations: Business Intelligence Architect/AI and ML Engineer, Virginia, USA
- Published Date: 2025-03-10
- DOI: https://doi.org/10.55124/jbid.v2i1.245
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Abstract
MicroStrategy stands at the forefront of business intelligence and analytics, offering cutting-edge solutions in reporting, data visualisation, and mobile analytics. With options for both cloud-based and on-premises setups, it enables organisations to accelerate decision-making, boost user satisfaction, and maximise cost-effectiveness. Meanwhile, it ensures robust security and supports scalable growth with innovative, comprehensive solutions available globally.This study explores the best strategies for implementing MicroStrategy’s business intelligence tools by critically assessing five distinct Alternatives: Cloud Implementation, On-Premises Deployment, AI/ML Integration, Blockchain Security, and Bitcoin Expansion. As businesses increasingly rely on data-driven insights, choosing the most effective implementation strategy has become essential for sustaining competitive edge and operational efficiency.The research is pivotal in tackling the intricate decision-making challenges organizations encounter when adopting business intelligence solutions. By assessing several factors, such as Decision Processing Speed (DPS), User Satisfaction (US), Return on Growth (RG), Implementation Cost (IC), System Downtime (SD), and Learning Curve (LC), this study establishes a clear framework for making informed technology adoption choices within enterprise settings.Utilising the TOPSIS (Technique for Order of Preference by Similarity to Ideal Solution) method, the study evaluates and ranks the various alternatives. Alternatives: Cloud Implementation, On-Premises Deployment, AI/ML Integration, Blockchain Security, and Bitcoin Expansion. As businesses increasingly rely on data-driven insights, choosing the most effective implementation strategy has become essential for sustaining competitive edge and operational efficiency.The research is pivotal in tackling the intricate decision-making challenges organizations encounter when adopting business intelligence solutions. By assessing several factors, such as Decision Processing Speed (DPS), User Satisfaction (US), Return on Growth (RG), Implementation Cost (IC), System Downtime (SD), and Learning Curve (LC), this study establishes a clear framework for making informed technology adoption choices within enterprise settings.Utilising the TOPSIS (Technique for Order of Preference by Similarity to Ideal Solution) method, the study evaluates and ranks the various alternatives.