Courtesy of ZD Net
There seem to be three certainties in a software person's life:
Death, taxes and the continued growth and expansion of business
intelligence into new areas. I think Gartner said it best at the
beginning of this year's
BI Magic Quadrant report: "In 2011, business users continued to
exert significant influence over BI decisions, often choosing data
discovery products in addition to/as alternatives to traditional BI
tools. An avalanche of new use cases, content types and interaction
models expands the scope for tomorrow's BI platforms."
The idea of organizations standardizing on one platform to solve
all BI related problems is a thing of the past. Today when I walk
into customer meetings, it's more about how we work with five-10 BI
platforms vs. one. What was once traditionally led by IT (and in
some cases still is) is certainly moving closer to the business. I
see business intelligence becoming much more problem centric vs.
technology centric.
Organizations are realizing that a one size fits all model for
business intelligence simply won't work. Not all problems are the
same and not all problems can be solved by the same technology
architecture.
So much has changed in the last 12 years. A decade ago the fear
of Y2K was real, the on-ramp to the Internet was dial up and Google
had just come out of beta. Our expectation of technology just
wasn't the same. Who knew that today half of the country would own
a smartphone and 66 percent of us would have a
fear of being separated from our wireless connection to
the world? If we live like that in our personal lives, then you
better believe BYOD is real.
Organizations recognize they can't stop this trend. It's real
and it's happening quickly. In the BI space this is manifesting
itself by shifting more power to the business; more building power
and more buying power. This theory became crystal clear to me when
I attended the recent Gartner BI Summit. I even blogged about in
the '
7 Wonders of BI:
Straight from the Gartner Summit': "Now that the
line-of-business is sick of dumping everything into Excel and
they've gotten a taste of DIY with QlikTech and Tableau, this
saying reigns true: 'The more you get, the more you want.' If the
line-of-business can do data discovery themselves, why not do more
BI, such as real-time, SaaS and even big data analytics themselves?
So what does all this mean? The line-of-business can 'buy' BI
themselves."
As Gartner said, there has been "an avalanche of new use cases"
for BI and one big area that has been completely underserved by
traditional BI is operations. The smart folks at Aberdeen recognize
this as well: "Decision makers continually need to examine their
long-term strategy to ensure that their organization or department
is poised for stability. However, while these decisions are by no
means trivial, the greatest urgency and most variance typically
occurs on a tactical level as operational managers look to keep up
with an accelerating business landscape and increasingly more
demanding customers. In order to bolster their experience and
domain expertise with fact-based decision support, an increasing
number of managers these days are seeking the aid of Business
Intelligence (BI) technology and other analytical
methodologies."
This same theory is validated again and again by our customers.
One of the biggest organizational pressures to make timely and
relevant decisions is the "shrinking decision window". The business
needs to see and analyze "fresh" operational information to make
decisions whenever and wherever they are. I presented on a recent
webinar, Making
Real-Time Intelligence Portable: Deliver Operational
Dashboards Where Your Users Need Them, and 63 percent of
attendees said they need to use or need to deliver information as
it's happening but IT still continues to struggle to deliver on
this reality. Aberdeen validated this theory with a recently
published report,
Operational Intelligence: The Path to Best in Class
Performance where they stated that"'27% of survey
respondents agree with 'the shortening window of time to make
critical decisions". Aberdeen also reported that in one year, "the
increased urgency for Actionable Information increased from 6% in
2010 to 28% in 2011," and is expected to grow even more over the
next few years.
This is all the more reason organizations need to recognize
that
Real-Time Operational Intelligence platforms can become an
alternative solution to solving their operational challenges and
supporting their BI portfolio approach. Don't focus on
force-fitting traditional business intelligence solutions to solve
operational problems.
Instead, determine how new technology can help you optimize
decision making and collaboration and maximize business
results.