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Business
Intelligence and the CIO
BI is gradually becoming a part of every business process.
While CIOs are optimistic about its benefits they would like some changes,
writes Neeraj Gandhi. To read the complete article click
here.
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Applying
BI to the Needs of Healthcare Organizations
With the increasing challenges faced by the
healthcare industry, providers must keep up with or stay one step ahead of
the competition. Business intelligence can help healthcare agencies, payers
and hospitals increase competitive advantage by devising smart business
solutions and enabling better business decisions every day. To read the complete article click
here.
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SaaS
Adoption Among SMBs Rising Steadily
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Software as a Service (SaaS) adoption is rising
steadily among small (SBs, 1-99 employees) and medium businesses (MBs,
100-999 employees). 21% and 31% of SBs and MBs currently use SaaS solutions,
which is double the percentage of adoption in 2004. To read complete
article click
here.
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Why
Business Analytics as a Service Won’t Spook IT
Software as a service (SaaS) represents an
opportunity to the BI market. This article speaks to the power of an
on-demand platform that will take care of a lot of the “heavy lifting” associated
with traditional on-premise business intelligence implementations. To read
complete article click
here.
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Retail Banks Spend on BI
to Reach USD$9bn by 2012
A new report by independent market
analyst, "BI in Retail Banking", predicts spend by retail banking
institutions on business intelligence (BI) IT in North America, Europe, the
Middle East and Asia-Pacific, will reach USD$9 billion by 2012, up from
USD$5.6 billion in 2006. According to the report, the combination of
compliance requirements, a competitive business environment, the sub-prime
credit crunch and the need for stronger management will drive retail banks
investment in BI software. Given the sector's growth of IT budgets devoted
to BI, many vendors from diverse backgrounds, such as reporting, analytics,
data
management and operations, have rushed to claim their stake by
adapting their definition of BI to fit their offering. To read
complete article click
here.
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The
Retailer’s Roadmap to Using Business Intelligence
Did you know that Best-in-Class Retailers
are nearly 90% more likely than Laggards to have instituted BI application
development procedures and are 20% more likely than Industry Average to
have automated the creation of reports based on changing data? To read
complete article click
here. Also read Retailers'
No. 1 Tech Priority Is Business Intelligence.
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Use of
business intelligence does not match the hype
The manner in which companies are using business
intelligence (BI) technology does not exactly match the picture painted by
vendors and other industry experts. That’s the conclusion from a survey of
more than 1,900 BI users and consultants conducted by the Business
Application Research Center (BARC), a software industry analyst firm based
in Germany. To read complete article click
here.
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Valuing
Business Intelligence
Whether considering a new business intelligence
solution, creating dashboards or adding analytics, you wouldn’t be alone in
questioning the value created by these tools. Business Intelligence vendors
promote the benefits and advantages of their tools, highlight the
weaknesses of their competitors, but seldom quantify the value they create.
You’ve probably read industry trends for business intelligence that promote
its value but rarely describe how the value is created. In this paper I
provide a methodology for deriving how business intelligence creates value
based on business needs. To read complete article click
here.
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Business
Intelligence for everyone
Today, BI tools not only help mine data,
analyze, generate reports but also cross-analyze and probe into the data
for better analysis, thereby reducing the turnaround time for
decision-making. Having established themselves in the strategic realm, BI
tools and applications are making their mark in the operational and
tactical realms. To read complete article click
here.
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Business
Objects & Cognos customers get License Replacement
The three former independent BI players have fallen
like dominos this year, aligning themselves with application/database vendors
and trading market heft for independence. This obviously presents a great
opportunity for remaining independent players to capture the sizable
segment of customers who prefer best-of-breed tools versus an all-in-one
stack pushed by aggressive account teams selling everything from servers
and databases to applications and services. To read complete article click
here.
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With reference to my earlier post Key Performance
Indicators KPI - A puzzle solved, few of the readers asked me to throw some
more light on how KPIs could be related to KRAs (Key Result Areas) of the
management thereby enabling KPIs to be a more precise snapshot of the
organization. In this article I shall highlight some of the key points as
to how the KPI can be used in context with business functions. To
read complete article click
here.
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