Research firm Gartner Inc. has predicted that in two years, more than thirty-five percent of the world’s top 5000 companies will make significant decision errors about business and market growth. On the flip-side of the coin, internal decision-making will encounter roadblocks as the results of incorrect or incomplete information because employees often get bogged down when it comes to reporting the minutiae of their day-to-day work. In fact, it is not surprising to find that among the largest global corporations, there are some people that stick to age-old data gathering, reporting and analysis by spreadsheets. The challenge is in how to wean organizations from the old ways of dealing with business intelligence.
When business intelligence is not smart enough to survive in today’s environment, it is time to rethink Business Intelligence strategies – here are some tips.