IT directors are looking to simplify their business intelligence software. Industry analysts discuss how business intelligence (BI) is evolving to meet the new demands of business.
Here we examine trends in the BI tools that firms use to extract meaningful information from their corporate data.
Many organisations plan to implement service oriented architectures for BI purposes this year. Despite this, a study of 488 companies revealed a lack of technical understanding in many firms and an acknowledgement that outside help would be required for initial implementations.
Business analytics software remains a priority for IT investment. As users become more savvy, they will be looking to integrate business analytics with other enterprise software, and firms are increasingly aware of the lower-cost options open to them.
The ultimate goal of business intelligence is to drive better business performance through providing the right data at the right time. However, implementing a business intelligence platform can be costly and complex to use and deploy.
With BI, the key question is, "Which suppliers can you trust?" Some have been involved in unscrupulous profit-taking. Others have questionable resources for the support of a complete enterprise deployment. And some have shown worrying inconsistencies and a lack of continuity.
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