4% very satisfied with data integration and analysis
Recently the Economist Intelligence Unit published a paper (jointly sponsored by Intel and SAP) entitled "Business Intelligence: Putting information to work" The key findings here echo those my company has found in it its own research and vendor views given in partner briefings.
Key points
- 4% of respondents are "very satisfied" with their companies' data integration and analysis
- 80% agree that company operational performance would improve with broader dissemination of BI data - that is too few people have access to information needed to be effective in their jobs.
- 40% believe there staff make poor decisions based on inadequate data.
Typical inhibitors identified by the EIU are:
- Lack of a top down corporate approach, too many systems meeting tactical departmental needs often funded through department budgets.
- Too many disparate BI platforms in use (15% of respondents have eight or more BI platforms)
- Lack of quality around corporate data and compatibility between systems, especially where companies have grown through merger and acquisition
- Inappropriate metrics being used for performance measurement