To underpin growth, efficiency and profitability, organisations need accurate, useful and timely management information. Where and how are we making money? How is our supply chain performing? Which of our customers, product lines and sectors are growing? The answers to these questions allow executives to react.
Delivery of management information is a challenge for many businesses however. Reports are often, in a part at least, created manually. Executives cannot self-serve - rather they have ask the finance or IT function to produce reports for them, which is costly and time-consuming. To fill the gap, managers may produce their own management information using spreadsheets, which is costly and error prone leading to conflicting conclusions. Or more common still, the information required to make a business decision just isn't easily available.
Business Intelligence addresses this challenge by delivering timely and useful information in a way that is productive to consume.
Historically though, business intelligence projects have been costly and prone to failure. Complexity, expense and slow time to value have meant that Business Intelligence has often only genuinely delivered in enterprise organisations. Those that have the means and capabilities to deliver. This whitepaper examines the case for better management information, the challenges associated with traditional Business Intelligence projects and how medium sized business can improve decision making and drive greater profits by implementing a successful BI solution.
DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Our portfolio of live events, online and print publishing, business intelligence and professional development brands are centred on the complexities of technology convergence. Operating in 42 different countries, we have developed a unique global knowledge and networking platform, which is trusted by over 30,000 ICT, engineering and technology professionals.
Data Centre Dynamics Ltd.
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