memo to your organization

write a memo of intent in support of introducing a business intelligence initiative into your organization.

the memo should address:

1. how BI could augment the strategic objectives of the organization
2. what opportunities BI will provide
3. What challenges BI will face in being adopted (and how you plan to overcome them)
4. what methodologies will you use to manage the introduction of BI into the organization (project methodology, etc)
5. an other support or information you think would help your BI initiative become adopted.

You may use a real or fictitious company - please state assumptions as needed.

BI Benefits Agricultural Industry

People works in agricultural industry are looking for ways to make more profit. BI will empower them to reach this goal. BI helps enhance crop yield, increase agricultural efficiencies, and optimize produce market value. BI also helps lower financial cost, reduce natural and artificial risks, and decrease wastes.

BI takes advantage of historic data and modern technologies. Which creates relative accurate models of the crop yield from analysis on environment. Data from sensors in the farmland provide real time information of the crop growth, allowing farmers to activate equipment at precise agricultural stage. Predictive analysis based on real time market and historical price help farmers bring product on market when values are high.

BI gathers resources from government; private sectors… Which offer farmers funding and financing aid for purchasing and leasing, technology and equipment upgrade… Weather forecast and news alert farmers with adverse weather condition, update farmers with changing trade patterns. Farms can take precaution, plan ahead, and move away from risk.

BI facilities comprehensive planning, strategic decision making to minimize waste of time and money, and maximize agricultural process efficiency and return. BI creates opportunities for companies gaining competitiveness, expanding future growth possibilities.

Agile approach is good for implementing BI solutions. The objective is to speed up the data delivery to users, prioritize design to meet requirement, adding value to business with strategies.

The biggest challenge for BI is data acquisition. Accurate, real time, and historic data is required for analysis. Technology plays a key role in tackling this problem. Sensors in the field transmit real time data to control centers. Remote sensing techniques such as drone survey, satellite photo send images to geographic information system, historic stats are open on internet to view.  

reference:
https://go.christiansteven.com/bi-blog/how-to-rock-the-agricultural-industry-with-business-intelligence
http://analytics-magazine.org/agriculture-analytics-google-farm/
http://www.codec.ie/company/news-and-events/business-intelligence-agriculture/
https://farmgrants.ca/?gclid=CjwKCAjwuO3cBRAyEiwAzOxKsm2xrABVpiIFq4f1eulX1sZCV4882QykMfGxLD5MBNHtJgRSSZmNuhoChX4QAvD_BwE
https://www.geospatialworld.net/article/remote-sensing-techniques-for-agriculture-suvey/
https://www.theta.co.nz/solutions/analytics/business-intelligence-and-data-warehouse-methodologies/