Business Intelligence is not a cure-all measure to every solution that the firm might undergo.
It becomes vital for the firms to give due thought to the business intelligence aspect. Due to the intricacy of these systems, it must be understood that storing data in the business intelligence system just for the sake of it, does not increase its worth but results in vice versa effect.
Challenge 1: Cost
Business intelligence at times can be a little too much for small as well as for medium sized enterprises. The use of such system can be expensive for basic business transactions. Even today BI system cannot be afforded by most of the companies.
Challenge 2: Complexity
Another disadvantage of BI could be its complexity in implementation of data. It can be so complex that it can make business methods rigid to deal with. In the view of such principle, many business experts have predicted that these intricacies can ultimately strangulate any business
Challenge 3: Time Consuming Implementation
Many firms in today's fast paced industrial situation are not persevering enough to wait for the implementation of Business intelligence in their organization. It takes around 12-18 months for whole BI system to completely implement the system.