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 …
Implementation Time for Planning and Budgeting Tools Read More »
“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 …
Advanced and Predictive Analytics: An Introduction Read More »
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 …
The Most Common Problems Companies Are Facing With Their Big Data Analytics Read More »
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 …
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 …
Analytical Databases: What Are They and Why Are They Important? Read More »
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 …
Decision-Making Culture and its Influence on Information Culture Read More »
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 …
The Most Common Business Intelligence Problems – 2,500 User Responses Analyzed Read More »
Big Data Analysis of Practically All Data Types is on the Rise The data companies are using for big data analysis reflects the widespread use of standard BI technologies in big data. Among companies that already use big data analytics, data from transaction systems is the most common type of data analyzed (64 percent). This data …
The importance of data quality and master data management is very clear: people can only make the right data-driven decisions if the data they use is correct. Without sufficient data quality, data is practically useless and sometimes even dangerous. But despite its importance, the reality in many of today’s organizations looks quite gloomy: data quality has been …
Data Quality and Master Data Management: How to Improve Your Data Quality Read More »
BI Tools Need to Turn Data into Insights and Action There are many reasons why organizations adopt business intelligence and analytics tools, and many ways these solutions are put to work to benefit the organization. All projects, however, have the common goal to use business intelligence software to turn data into insights and action. As the …
The Benefits of Business Intelligence… Why Do Organizations Need BI? Read More »
