A Summary of the Myths and Confusion in Business Intelligence

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Debunking Common Business Intelligence Myths

A Summary of the Myths and Confusion in the Business Intelligence Market

This article series is entitled ‘Debunking Common Business Intelligence Myths’. The information presented in this, the seventh article of the series, summarizes the myths and cuts through the confusion to help you choose the right BI tool for your business and business users.

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Don’t Create a Data Governance Tug of War between Financial Pros and IT Staff

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The need to up-to-date, integrated information and analytical data is crucial to the success of the organization and certainly to the accountants, auditors, financial investment professionals and finance managers in any enterprise. But, in an age of user and data breaches, the IT team may be hesitant to allow meaningful, flexible access to critical business intelligence.

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Visualization CAN Replace Need for Ad-Hoc Analysis– Myth#3

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Debunking Common Business Intelligence Myths

Myth # 3: Business Users Do Not Need Ad-Hoc Data Analysis

If your business is confused about the tools in the business intelligence market, you are not alone. There are lot of options in the market today, which is great for the enterprise and its users, but the confusion that this marketplace creates can be daunting when it comes to making a decision about which solution is right for your organization and your business users. If your business has a self-serve business intelligence initiative, the confusion can be even more discouraging. How do you choose a tool that will live up to the hype and your expectations?

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Sandy’s New Business Intelligence Ad-Hoc Reporting

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Business Intelligence Ad-Hoc Reporting is Sandy’s Dream Come True

My friend Sandy told me how difficult it is to get a report out of her business intelligence solution. She turns over the requirements to a data scientist or a programmer and waits days for the report. The resulting report is hard to read and the data is out-of-date, incomplete or unclear.

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(Most) Self-Serve BI Tools will Create Data Anarchy– Myth#2

Data Governance vs. Data AnarchyTrue Self-Serve BI Tools Will Compromise Data Governance

Debunking Common Business Intelligence Myths

Myth #2 – True Self-Serve BI Tools Will Compromise Data Governance

Today’s business intelligence market offers many options! But, never every business intelligence solution can help your self-serve initiative succeed. When an enterprise undertakes a business intelligence initiative or wishes to improve or upgrade its BI tools, it is easy to get lost in the hype and myth surrounding the market.

If your organization finds it difficult to sort through the buzz and choose the right BI tools, we are here to help.

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InMemory Vs Managed Memory Computing

InMemory Vs Managed Memory Computing

Let me start with recent past or I would say past?Traditional business intelligence tools and corporate performance management solutions typically use an IO-based processing technique that makes the compilation and analysis of data a slow process. It limits processing and speed from hardware resources that use extensive IO to read and write to and from the disk. This challenge can be frustrating for users and for IT staff because it reduces productivity and can overwhelm systems during peak periods.

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How Can a Business Intelligence Tool Engender Employee Collaboration? It’s Easier Than You Think!

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Many businesses look at Business Intelligence (BI) as a standalone solution that provides information to help the company better its business results. But, business intelligence serves another very important purpose. Take a step back and look at BI in a different way and you will find that a business intelligence solution can encourage and improve collaboration among team members and employees. Employee collaboration is key to enterprise success, because it ensures that team members are working together, with a common body of information, to make the best decisions for the business and to ensure success at every level of the organization.To use business intelligence tools in a collaborative way, the enterprise must select a BI and Corporate Performance Management (CPM) solution that is sophisticated, yet easy enough for every user and, most importantly, can be easily customized to satisfy the needs of every executive, manager, and without the need for analysts or IT professionals. When you introduce this kind of power and make it available to every employee, the business can empower team members to contribute to the bottom line and easily understand how their function and role fits into overall strategy and operational goals. Business intelligence tools can be used at the tactical, operational and strategic level to build a cohesive view of data, identify problems, forecast results and objectively measure goals, objectives and strategies.

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Don’t Just Survive! Thrive! With an Internet Marketing Campaign Designed with Deep Dive BI

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To attract and retain customers, and build a solid niche in your market, you must leverage current, concise Business Intelligence to build social media and internet marketing campaigns that target your customers with laser precision. Some experts claim that there is no way to measure the value or effectiveness of social media marketing. However, if you use deep dive technology to create true business intelligence you can see exactly where and how to target your customers and prospects.

Trade SEO for Internet Marketing: If you are still using old search engine optimization (SEO) techniques to attract customers to your site, your online store, or your social media pages, it is time to consider an internet marketing initiative. Internet Marketing, social media marketing (SMM) and pay-per-click (PPC) campaigns will improve your competitive position and help you to create a consistent corporate brand and image. More importantly, they will positively affect your bottom line. Keyword research, on-page optimization and off-page submissions are techniques of the past. Google and its fellow search engine companies are getting smarter and more contextual. Every day there are new search and marketing developments that give site visitors and users better, more meaningful results and emphasize content, context, reputation, and popularity.

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24 September 2011, Business Intelligence Conference, Hyderabad

ElegantJ BI sponsors a Business Intelligence Conference event as the Gold Partner, organized by Silicon India on 24th September 2011 at Hyderabad from 9:00 a.m. to 4:30 p.m.

This conference addresses BI focused aspects like Emerging Trends and Technologies in Business Intelligence Market, Solution Centricity – The Pivot for Successful BI / DW Implementations, Innovative Data Integration – Foundation for Business Intelligence, Interactive Business Analytics for Large Data Volumes, BI Design and Implementation challenges in Life Sciences, Innovations in BI, Integrating Search and Business Intelligence, BI challenges for the SMEs, Impact of Social Media and Social CRM Analytics, Advanced Analytics: The Next Wave in Business Intelligence.

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