What Do CXOs Want? Business Intelligence That Offers REAL Rewards!

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Gartner, and other IT industry analysts focus heavily on data-driven support for business decision making. Analyst findings indicate that only one quarter of CEOs are happy with the type and clarity of the information they receive and their confidence in the decisions they make based on that information. Furthermore, these same CEOs say that their ideal BI solution would consist of a central, integrated dashboard that would allow them the flexibility to find, analyze and report on information in an ad-hoc environment.

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BI Solutions CAN Play Well Together

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The business intelligence market is growing by leaps and bounds. Large and small companies are investing in BI – some with great results, others mixed results and some with disastrous results. The outcomes are based on numerous variables and we certainly don’t have time to go into all of those variables in this article. But, there is one thing that often factors into these outcomes (positive or negative) and that is something that BI vendors and BI customers must consider.

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White Paper: Business Intelligence: Now or Later? Understanding the Misconceptions about BI Readiness

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The wise business team will not allow misconceptions about Business Intelligence readiness to cloud thinking or stop a BI project from coming to fruition. With the right information and knowledge, these misconceptions are easily dismissed and organizations can reap the benefits of Business Intelligence and engage employees and staff in the business of self-serve BI, thereby improving revenue and results and gaining a competitive advantage in its market of choice.
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HELP! Users Want Self-Serve BI, IT Wants Data Governance

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Do self-serve BI tools support data governance, integral data security and organizational IT standards and policies? In some cases, the answer is ‘no’. But, that shouldn’t stop you from looking at self-serve BI tools. The question isn’t whether the integrity of data governance can be preserved when using self-serve BI tools. The question is really, ‘which vendor should I select in order to achieve true self-serve BI and data democracy without eroding data governance and security?’

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Ignore the Doom and Gloom: The Right BI Tool Can Deliver the Goods

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There are numerous reasons why a software implementation might fail and the list is too long to cover in this article. But, when it comes to Business Intelligence software, there are some common reasons for failure.

Like many other businesses, your enterprise may have entered into the business intelligence (BI) domain with the belief that, as soon as the BI tool was in place, the organization would be magically transformed into a business running at the speed of light, sidestepping every common business issue and making decisions without error or misstep. The fact is that many companies fail to get the most out of business intelligence, even after spending a significant amount of money and time to implement the solution.

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Let’s Talk About BI Data Democracy

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When business intelligence vendors talk about democratizing data discovery, they can have very different interpretations about ‘democracy’. If a business intends to provide self-serve BI tools to its employees for daily use and data discovery, it must provide true data democratization. The business user cannot be limited to viewing static dashboards developed by dashboard developers with only the most basic drill down and filtering capabilities. Business users must be empowered by true data democratization and self-serve BI tools, which, in many cases, is the original intent of a BI solution implementation. Sadly, many businesses never achieve their original goals, but rather end up with ‘packaged dashboards’, because they are hamstrung by desktop-based data discovery BI tools that require design control and intervention by dashboard developers and limit business users to packaged views and tasks.

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BI Tools for SMEs? Not Just Maybe, But DEFINITELY

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Small and medium sized organizations often give up on the idea of business intelligence and corporate performance management, because they believe that the BI tools and solutions are too expensive and complex to implement and that their organizational structure and processes is simple enough to manage without these types of tools.

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True Self-Serve BI Treats Employees Like Customers

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There has been a lot of talk about data democratization and self-serve business intelligence (BI). There are many reasons why BI vendors and customers are interested in self-serve BI tools. For BI customers, the need to involve all team members in driving business results is a no-brainer. For BI vendors, the need to satisfy customer demands is also a no-brainer. So, why does it seem to be taking so long to get to achieve true BI self-service?

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Self-Service Business Intelligence for the Small and Medium Sized Business

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The concept of ‘self serve’ and ‘personalization’ is, I believe, an offshoot of the current state of technology, ease of access and ease-of-use. People are used to having information at their fingertips in a way that is meaningful to them, and serves their needs. Technology users are no longer willing to sacrifice personal requirements or accept a behemoth solution that suits 10% of their needs. As employees, these consumers and individuals bring a similar focus to their use of technology. They are used to having information at their fingertips in every aspect of their lives and they are not willing to give that up when they step into the confines of an office or go on the road to meet with a customer.

If you want to hold your employees accountable and help them contribute to business success, you have to give them the tools they need to understand what is working in their day-to-day business environment, where there are problems, what has to be changed, how their team members are doing in making progress toward goals, and how possible changes in pricing, resources, inventory or other factors might affect the business.

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The Provocative Possibilities of Combining Business Intelligence and Social Media

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The popularity of social media is a topic that is often discussed around conference room tables in small, medium and large businesses. Every manager and business executive understands that they have to leverage social media to market to prospects, and to keep customers engaged, yet these same managers and executives find it difficult to objectively measure the success of these programs.As with any business program or project, if one cannot illustrate the need for, and success of, a proposed program, it is unlikely that the management team will approve that program. Is your business willing to spend time and resources on social media based solely on the fact that your competitors use this tool? If not, it is critical to find a way to measure the success of an internet marketing campaign and determine whether the social media marketing, pay-per-click and search engine optimization efforts are providing the success your business requires to justify these efforts. Moreover, if these programs are not achieving the results your business needs, you must correct or change your approach in order to achieve the ROI your business needs.

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