How to Optimize Business Intelligence
How to Optimize Business Intelligence
Companies must pay closer attention to data governance to ensure consistent, reliable, optimized results from their business intelligence systems.
Business Advantage
81% of the senior executives surveyed said they experience very significant (45%) or significant (36%) business benefits from their business intelligence (BI) programs.
BI Challenges
Inconsistent data,
Multiple versions of the truth,
Inconsistent formulas and definitions,
Limited adoption across the company
Half Empty
Only 48% of the respondents feel that their current approach yields the full business improvement opportunities afforded by BI.
Mix of Benefits
Improved customer metrics,
Accelerated time to market,
Stronger product and service mixes,
Enhanced brand valuation and recognition
Role of Governance
78% of the executives surveyed said data governance is vital or important to their BI operations, and 65% said governance is a useful way to empower users and uncover new insights.
Managing Data Access
83% of respondents manage data access at the departmental level, 81% assign data access by role, and 76 mandate the use of specific BI solutions and dashboards.
Enhanced Governance
57% agree or strongly agree that users who acquired or developed their own BI systems are turning to centralized IT or BI departments for enhanced governance.
BI’s Future
Less IT control,
Increase in standalone, independent BI functions,
Greater mix of centralized/decentralized approaches
