Posts

Will Companies Ever Have the Ability to Measure BI Performance?

In January, we posted a quick poll question: “How much has your BI deployment contributed to your company’s success?”  Most companies embark upon a business intelligence initiative in order to improve the quality of business decisions, resulting in a positive impact on costs and revenue.  However, measuring that correlation is often difficult, if not impossible.  As part of the poll question, we offered answers that spoke to hunches: “Not at all”; “Slightly”; “Somewhat” or “Significantly”.  The top answer to that poll question was: Slightly. Read more

Nucleus Research study says analytics pays back $10 for every dollar spent

Nucleus Research reports that after a recent examination of 60 analytics-related ROI case studies, the organization found that for every dollar invested in technologies such as BI, PM, and predictive analytics, organizations get back an average of $10.66.  Nucleus’s analysis included ROI case audits of analytics deployed by customers of leading vendors including IBM, Microsoft, Oracle, SAP, SAS, TIBCO Spotfire, and Information Builders. Read more

New Survey from Aberdeen Research Looks at TCO of BI

Aberdeen Group recently conducted a survey to analyze companies that take a Total Cost of Ownership (TCO) approach to BI.  The research shows that top companies are spreading BI costs to more decision makers, creating an effective self-service environment and as a result, enjoying a faster and more meaningful Return on Investment.  While the impact of business analytics can drive measureable and repeatable business performance, the effective implementation and management of these solutions can still pose a challenge to the ill-prepared company. Read more