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How Valuable is Business Intelligence to the Enterprise?



By Allan Alter


  Table of Contents:
  1. How Valuable is Business Intelligence to the Enterprise?
  2. ' Finding 1'
  3. ' Finding 2'
  4. ' Finding 3'
  5. ' Finding 4'
  6. ' Finding 5'

Just 26 percent of companies using business intelligence have five or more years' experience with the technology. Those new to BI should be encouraged by the success of those who've gone before.

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How Valuable is Business Intelligence to the Enterprise? - ' Finding 4'


( Page 5 of 6 )

: Garbage In, Bad Intelligence Out">

Finding 4
Garbage In, Bad Intelligence Out
Good data quality and satisfaction with BI information go hand in hand. But unfortunately, many companies report data quality problems reduce the ROI on business intelligence, even after five years' experience with these systems. CIOs who invest in establishing data quality processes will be rewarded by increased user satisfaction with the information provided by their BI systems. In addition, about half these companies have undertaken a "master data management" initiative. There's a correlation between master data management and BI's impact on the bottom line, but it's not clear if it's the result of the MDM initiative alone or other efforts to improve data quality as well.

Next page: Weak Links in the BI Chain



 
 
>>> More Research Articles          >>> More By Allan Alter
 


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