BI Maturity and Software Selection Perspectives

While new technology trends are invading the business intelligence (BI) space, technology shifts and hype do not necessarily equate to the ability to exploit the best tools for enhancing business performance. To select a best-fit BI solution, an organization needs to be able to realistically assess the maturity of its BI infrastructure. This allows them to discover where they are, what their BI requirements are, and how to determine the best BI solution or strategy. Download the full report now.

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Executive Summary

Companies of all sizes are coming to realize that they need to be able to actively use their data to achieve corporate knowledge, improve performance, and eventually be able to predict and forecast corporate metrics such as sales, income, or even taxes.

By collecting data and analyzing it in an effective way, organizations are laying the groundwork for a proper BI strategy, and consequently for selection of the most appropriate BI application for their needs.

But this is just the tip of the iceberg. While traditional BI tools focused on collecting data and enabling advanced reporting and dashboarding, new BI strategies and products are shifting their focus toward providing BI that is easier to use and self-service–oriented, but also with a major emphasis on improving analytic capabilities and data speed cycles (in particular, to enable analysis of data generated in real-time and to collect information from social media sources).

While new technology trends and innovative applications are invading the BI space, technology shifts and hype do not necessarily equate to the ability to implement and exploit the best tools for increasing return on investment (ROI) and enhancing business performance. To select a best-fit BI solution, an organization needs to be able to realistically assess the maturity of its BI infrastructure. This allows organizations to discover where they are, what their BI requirements are, and how to determine what will be their best BI solution or strategy—which ultimately will lead to augmented business visibility, analysis, and of course, performance.

Read the full report >> 

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