Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: BI buying decisions: the rule of thumb
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > BI buying decisions: the rule of thumb
Business Intelligence

BI buying decisions: the rule of thumb

TedCuzzillo
TedCuzzillo
2 Min Read
SHARE

A longtime salesperson of BI products says he weighs the average decision to buy this way:

  • About 50 percent of the decision — whether to buy any BI at all or which product to buy — is based on expected ROI. This part always comes first.
  • About 20 percent is about career. Someone — usually an IT person — figures, “Even if it’s a bomb and I get laid off, I can say I know Cognos/Microstrategy/Oracle/SAS …” Or else the person figures, “This looks like the next cool thing, and I could be on the ground floor.”
  • The last 30 percent is about sex or fear — that is, some sexy feature or fear of implementation. This might include, “I used this thing at my last job, so I know how to make it work here.”


Link to original post …

A longtime salesperson of BI products says he weighs the average decision to buy this way:

More Read

ai in fintech
Fintech App Development Discover the Benefits of Using AI
BI Team is Integral Part of Green IT Initiatives
Tips for Developing a BI Roadmap
The VoC Hoax (follow-up post)
A Visual Delight – Inauguration Day Helicopter Lesson
  • About 50 percent of the decision — whether to buy any BI at all or which product to buy — is based on expected ROI. This part always comes first.
  • About 20 percent is about career. Someone — usually an IT person — figures, “Even if it’s a bomb and I get laid off, I can say I know Cognos/Microstrategy/Oracle/SAS …” Or else the person figures, “This looks like the next cool thing, and I could be on the ground floor.”
  • The last 30 percent is about sex or fear — that is, some sexy feature or fear of implementation. This might include, “I used this thing at my last job, so I know how to make it work here.”


Link to original post

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

fda14abd c869 4da5 943c c036ad8efc2e
How Data-Driven Journalists Are Using API News Apps to Improve Reporting
Big Data Exclusive News
0622cae5 f7d7 4f74 84b5 eabd1a823dca
How Data-Driven Grocery Recommendations Help Shoppers Eat Better With Less Effort
Big Data Exclusive
business recovering from data loss
How Data-Driven Businesses Protect MySQL Databases from Shutdown
Big Data Exclusive
ai driven task management
Reducing “Work About Work” with AI Task Managers
Artificial Intelligence Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

how AI helping children and elderly
Artificial Intelligence

How AI Is Helping Children And The Elderly

5 Min Read

How Analytics Can Propel IT to be the New ‘It’ Group

5 Min Read

From MIT/Sloan Analytics: The New Path To Value

4 Min Read

Enterprise Agility: It’s What We Do. It’s Who We are.

3 Min Read

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

ai chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots
ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?