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Establishing 'Making it Happen' as a 'Formal & Predictable' Discipline
Latest Trends Listing Page

Ability to Mine Data Major Roadblock

Details of this survey can be found at www.pricewaterhousecoopers.com
 
This page of 'Latest Trends' is linked to:  BI business intelligence end-to-end view, Data Analysis/OLAP, Data Warehousing,

This survey states that:

  • People consider their data as a core asset and a high priority, many companies don't have well articulated data strategy.
  • Competing corporate priorities are impacting a focused effort on Data Management.
  • Even if people have been able to create data sources/repositories (like Data Warehouse), they feel that they have not been able to convert the data into useful knowledge in terms of Data Mining.

ExecutionMiH.com comments on these findings.

  • The Data Management or a Business Intelligence has to be sponsored by CEO or a C-Level executive. The executive has to have a significant cross-functional stake (like CEO, CFO,COO..).
  • Many a times the Data Management champions fail to articulate the business case for Data Management and also fail to provide quick wins.
  • Lack of education and training. People are aware of the benefits, but few of them have a formal training on this subject from business point of view. Most of the Data Management trainings even today are technical trainings.

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Relevant Links to this page
 → Business Intelligence Competency Centre (BICC) →  → Business Intelligence is more of a business and HR challenge, rather than a →  → Master Data Management →  → There are challenges around building end-to-end business intelligence (Survey →  → Major Software AG Customer Survey Reveals New Priorities for Legacy Systems →  → Many Operational Metrics Do Not Optimize Corporate Profitability →  → The Business Intelligence Payoff is Here, Reveals Business Week/Knightsbridge →  → There is a Growing Demand for Live Reporting in the Real-Time Enterprise (July →  → Ipedo and ebizQ: EII Survey (March, 2006) →  → Data Quality Survey Results from Harte-Hanks Trillium Software →  → Gartner Survey Shows Disconnect Between BI Vision and Strategy →  → Information Quality - Strategies for Achieving Desired Results →  → Big ERP/database apps players acquiring independent Business Intelligence apps- Possible impacts →  → Business Intelligence through SaaS (Software as a Service) →  → Enterprise Search in Business Intelligence- Very nascent but huge promise →  → In-Memory Analytics →  → Out-Sourcing of Data Analytics →  → Latest Trend Series- Embedded BI- Overall Trend →  → Service Oriented Architecture (SOA) Enabled Business Intelligence → 
 
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Relevant links to this page
Business Intelligence Competency Centre (BICC)
Business Intelligence is more of a business and HR challenge, rather than a
Master Data Management
There are challenges around building end-to-end business intelligence (Survey
Major Software AG Customer Survey Reveals New Priorities for Legacy Systems
Many Operational Metrics Do Not Optimize Corporate Profitability
The Business Intelligence Payoff is Here, Reveals Business Week/Knightsbridge
There is a Growing Demand for Live Reporting in the Real-Time Enterprise (July
Ipedo and ebizQ: EII Survey (March, 2006)
Data Quality Survey Results from Harte-Hanks Trillium Software
Gartner Survey Shows Disconnect Between BI Vision and Strategy
Information Quality - Strategies for Achieving Desired Results
Big ERP/database apps players acquiring independent Business Intelligence apps- Possible impacts
Business Intelligence through SaaS (Software as a Service)
Enterprise Search in Business Intelligence- Very nascent but huge promise
In-Memory Analytics
Out-Sourcing of Data Analytics
Latest Trend Series- Embedded BI- Overall Trend
Service Oriented Architecture (SOA) Enabled Business Intelligence
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