By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics in sports industry
    Here’s How Data Analytics In Sports Is Changing The Game
    6 Min Read
    data analytics on nursing career
    Advances in Data Analytics Are Rapidly Transforming Nursing
    8 Min Read
    data analytics reveals the benefits of MBA
    Data Analytics Technology Proves Benefits of an MBA
    9 Min Read
    data-driven image seo
    Data Analytics Helps Marketers Substantially Boost Image SEO
    8 Min Read
    construction analytics
    5 Benefits of Analytics to Manage Commercial Construction
    5 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: Rescue Squad – A Validation of Performance Management Software
Share
Notification Show More
Latest News
big data mac performance
Data-Driven Tips to Optimize the Speed of Macs
News
3 Ways AI Has Helped Marketers and Creative Professionals Streamline Workflows
3 Ways AI Has Helped Marketers and Creative Professionals Streamline Workflows
Artificial Intelligence
data analytics in sports industry
Here’s How Data Analytics In Sports Is Changing The Game
Big Data
data analytics on nursing career
Advances in Data Analytics Are Rapidly Transforming Nursing
Analytics
data analytics reveals the benefits of MBA
Data Analytics Technology Proves Benefits of an MBA
Analytics
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > CRM > Rescue Squad – A Validation of Performance Management Software
Business IntelligenceCRMPredictive Analytics

Rescue Squad – A Validation of Performance Management Software

GaryCokins
Last updated: 2009/03/20 at 3:13 AM
GaryCokins
3 Min Read
SHARE

IT blogger Rick Sherman, founder of Athena IT Solutions, provides empirical research that validates the contributing role of Performance Management software in preparing organizations to emerge stronger and smarter from the economic downturn. His research appears in his blog titled Business Intelligence (BI) Index: Treading Water. His headline is misleading — he sctually reports that stock prices of BI software vendors are outperforming the market.

Sherman cites that “The software companies in the BI index, although many being in the middle of the performance rankings YTD, are likely to fare better and rebound quicker than other industries and even other high tech firms.” What accounts for this?

My belief is that the more progressive organizations have quickly moved from a pessimistic position to an optimistic one. That is, they no longer view themselves as being victims, with doom-and-gloom resignation to forces perceived as outside their control, to a much more optimistic view. They will not only survive, but they will emerge, when the economic downturn bottoms out, as healthier and more powerful. They won’t just beat their competition but pre-empt them by being…


IT blogger Rick Sherman, founder of Athena IT Solutions, provides empirical research that validates the contributing role of Performance Management software in preparing organizations to emerge stronger and smarter from the economic downturn. His research appears in his blog titled Business Intelligence (BI) Index: Treading Water. His headline is misleading — he sctually reports that stock prices of BI software vendors are outperforming the market.

More Read

data cleansing tips for business analytics

How Data Cleansing Can Make or Break Your Business Analytics

Accessible Business Analytics Set to Be a Boon for Small Businesses
5 Vital Business Intelligence Tips All Companies Should Embrace
How can CIOs Build Business Value with Business Analytics?
Impressive Ways that AI Improves Business Analytics Insights

Sherman cites that “The software companies in the BI index, although many being in the middle of the performance rankings YTD, are likely to fare better and rebound quicker than other industries and even other high tech firms.” What accounts for this?

My belief is that the more progressive organizations have quickly moved from a pessimistic position to an optimistic one. That is, they no longer view themselves as being victims, with doom-and-gloom resignation to forces perceived as outside their control, to a much more optimistic view. They will not only survive, but they will emerge, when the economic downturn bottoms out, as healthier and more powerful. They won’t just beat their competition but pre-empt them by being equipped with business analytics. With skills and competency from applying business analytics such as from my employer SAS, their managers and employee teams will not only gain better insights about their situations, but they will also make better decisions based on analytically testing the outcomes of their decisions.

Don’t despair. The evidence of better financial performance among BI and performance management software vendors is one indication that smart organizations are investing in their futures, rather than just cutting costs.

TAGGED: bi index, business analytics, sas
GaryCokins March 20, 2009
Share this Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

big data mac performance
Data-Driven Tips to Optimize the Speed of Macs
News
3 Ways AI Has Helped Marketers and Creative Professionals Streamline Workflows
3 Ways AI Has Helped Marketers and Creative Professionals Streamline Workflows
Artificial Intelligence
data analytics in sports industry
Here’s How Data Analytics In Sports Is Changing The Game
Big Data
data analytics on nursing career
Advances in Data Analytics Are Rapidly Transforming Nursing
Analytics

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

data cleansing tips for business analytics
Big Data

How Data Cleansing Can Make or Break Your Business Analytics

9 Min Read
accessible business analytics
Analytics

Accessible Business Analytics Set to Be a Boon for Small Businesses

7 Min Read
tips for making the most of business intelligence
Business Intelligence

5 Vital Business Intelligence Tips All Companies Should Embrace

7 Min Read
Analytics

How can CIOs Build Business Value with Business Analytics?

8 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?