Six Big Business Intelligence Mistakes

Email     |     Share  
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8
Previous Next

Click through for six common BI mistakes and ways to avoid them.

The business intelligence (BI) market, which Gartner estimates is now worth more than $14 billion, is large and expanding. The list of leading vendors includes well-known names such as Microsoft, IBM, SAP and Oracle, as well specialist companies including Tableau Software, QlikTech, Tibco Software and Information Builders.

Over the past few years many companies have implemented business intelligence platforms, most of which are purchased by IT departments. These BI systems tend to be highly centralized, with reports produced by the IT department pushed out to a range of analysts and more general users, according to Gartner. Because of this, many BI platforms are underused and have ultimately proved to be a poor investment, it concluded in a recent report:

"While analytical capabilities were deployed - such as parameterized reports, online analytical processing (OLAP) and ad hoc query - they were never fully embraced by the majority of business users, managers and analysts, primarily because most considered these too difficult to use for many analytical use cases."

As a result, many companies are looking to complement or even replace their existing business intelligence platforms over the coming months. If you are planning a BI investment in the near future, here are six common mistakes that you need to avoid to ensure your investment is an effective one.

Paul Rubens has been covering enterprise technology for over 20 years. In that time he has written for leading UK and international publications including The Economist, The Times, Financial Times, the BBC, Computing and ServerWatch.

Originally published on Enterprise Apps Today.

 

Related Topics : Vulnerabilities and Patches, Resellers, Broadcom, Broadband Services, Supercomputing

 
More Slideshows

DataM59-190x128.jpg 6 Tips for Leveraging Open Source Technology

With some of the biggest names in tech leading the charge, open source technology is set to change the way we process, stream and analyze data. ...  More >>

mobile87-190x128.jpg How to Find Business Value in Your Data Through Modernization

Data only becomes a meaningful and valuable asset when organizations can transform it into actionable insights. ...  More >>

mobile86-290x195 10 Must-Have Apps for Your Small Business

Leveraging the right kinds of apps can make for a cohesive business ecosystem, valuable in increasing productivity, streamlining business processes, and instilling creativity overall. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.