Data Governance – Definition, Challenges & Best Practices

Data governance forms the basis for company-wide data management and makes the efficient use of trustworthy data possible. The efficient management of data is an important task that requires centralized control mechanisms. What Is Data Governance? Data Governance includes the people, processes and technologies needed to manage and protect the company’s data assets in order […]

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The BI Software Selection Process

BI & Analytics / Sophia Rothlauf

What the data from over 2,500 BI projects tells us Companies still spend significant time and energy trying to make the best buying decision Despite BI vendors’ efforts to make the BI software buying process easier, companies still spend significant time and energy trying to make the best decision. Subscription licensing and trial periods have helped by

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Implementation Time for Planning and Budgeting Tools

CPM & Planning / Sophia Rothlauf

How Long Do Organizations Need to Implement a Planning Solution? As a rule of thumb, software selection projects (excluding the implementation phase) should not take longer than six months. Requirements can change in a short timeframe so the choice of product should be made within six months of beginning the requirements analysis. The general goal

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Advanced and Predictive Analytics: An Introduction

BI & Analytics / Sophia Rothlauf

“More than just reporting” – this is the mantra for many BI executives nowadays. Advanced and predictive analytics in particular offer huge potential in terms of return on investment in BI systems and data inventory. What is Advanced and Predictive Analytics? Advanced analytics describes data analysis that goes beyond simple mathematical calculations such as sums and

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The Most Common Problems Companies Are Facing With Their Big Data Analytics

BI & Analytics, Data Management / Sophia Rothlauf

Insufficient Skills Are Curbing The Big Data Boom Enterprises can derive substantial benefits from big data analysis. Nonetheless, there are a number of challenges to overcome too. On the whole, big data appears to be a topic that brings many benefits, but many problems as well. Only six percent of all respondents said that they see no

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How To Evaluate Software

BI & Analytics / Sophia Rothlauf

In-depth analysis on why you always should opt for a formal software selection process Choosing the right software is key to a successful project Success is reflected in the vast differences in business benefits achieved using various software solutions. However, not all organizations pay due attention to the software selection process. Ideally, any decision to buy

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Investments in Big Data

Data Management, BI & Analytics / Sophia Rothlauf

Big Data Is A Job Engine Since big data is just becoming established in enterprises, questions regarding its financing are of particular interest. How are companies financing their big data initiatives? Where are these investments being directed? Are budgets increasing, getting smaller, or remaining constant? In companies that already use big data, most investments flow into a

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Analytical Databases: What Are They and Why Are They Important?

Data Management / Sophia Rothlauf

A key question at the moment for many project managers is whether existing BI systems can be operated more flexibly, efficiently and cost-effectively using analytical databases. This interest in analytical databases is also being fueled by well-established database providers, and new players alike, who are promoting these technologies heavily as they identify new sales opportunities in the

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Decision-Making Culture and its Influence on Information Culture

Data-driven Enterprise / Sophia Rothlauf

Approaches to Decision-Making Across Different Organizations How do organizations make decisions and what is the influence of these approaches to decision-making on information culture? Our research uncovers some notable differences between companies based on their decision-making culture and industry sector. The top-down approach is the dominant style of decision-making with 39% of companies employing it, followed by organizations run by

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The Most Common Business Intelligence Problems – 2,500 User Responses Analyzed

BI & Analytics / Sophia Rothlauf

Planning and Anticipating Problems in Business Intelligence Projects From technology issues to user requirements to company politics, it is rare to roll out a BI implementation on time without changes in scope. The unique combination of BI software, target users, technology environment and business requirements found in every project makes planning and anticipating problems in business

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Sophia Rothlauf

Data Governance – Definition, Challenges & Best Practices

The BI Software Selection Process

Implementation Time for Planning and Budgeting Tools

Advanced and Predictive Analytics: An Introduction

The Most Common Problems Companies Are Facing With Their Big Data Analytics

How To Evaluate Software

Investments in Big Data

Analytical Databases: What Are They and Why Are They Important?

Decision-Making Culture and its Influence on Information Culture

The Most Common Business Intelligence Problems – 2,500 User Responses Analyzed

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