Just the Stats: Data Barriers to Better BI

Loraine Lawson
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11 Guiding Principles for a Successful Business Intelligence Implementation

Four out of five CIOs say business intelligence and analytics are top priorities for their businesses, according to "The Essential CIO," IBM's 2010 global study of 3,000 global IT leaders. And you know what that means? As I always say, "Where there's better BI, there had better be integration."


Okay, technically, that's the first time I've said that. Nonetheless, I believe it's true. I'm still filtering through the IBM survey, but my readings suggest that one goal will prove to be quite a challenge. Here are a few stats I've found recently that shed some light on the disconnect between the state of data now and where data needs to be for better BI:


Faster Access to Data

31 percent. Managers who say they need information within one hour of business events occurring, according to David White, an Aberdeen senior research analyst. White added that the top performing companies meet that goal by giving business leaders the tools and skills to generate that information for themselves.


Two-thirds. The percentage of time an organization spends collecting, preparing and integrating data for analytics, according to David Menninger, a vice president and research director at Ventana Research.


9.5. Hours per week office workers spend searching, gathering and accessing information, according to Outsell, Inc., a market research firm. Nearly 60 percent of that 9.5 hours is spent online.


$15,000. How much that online time costs companies, on average, for each worker every year.


Integration of Unstructured and Semi-structured Data:

85 percent. Business information that's estimated to exist as unstructured data, estimates Merrill Lynch. That means 85 percent of information isn't in structured, "easily" integrated databases, but in unstructured files such as emails, memos, call center notes, reports, whitepapers, research, presentation slides, surveys and Web pages.


Integration with Cloud Apps:

60 percent. CIOs who say they're planning to integrate some form of SaaS in the near future, according to the IBM survey I mentioned earlier. How's that look now?


62 percent. Organizations out of 115 that integrated offline data with online data, according to a study on e-CRM.


One-third. Business and IT leaders out of 800 surveyed who told the IT Governance Institute (ITGI) that significant legacy infrastructure investments are inhibiting their cloud computing plans.

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