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: Fewer BI Tools in Your Future
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 > Fewer BI Tools in Your Future
Business Intelligence

Fewer BI Tools in Your Future

DougLautzenheiser
Last updated: 2010/04/28 at 9:11 PM
DougLautzenheiser
5 Min Read
SHARE

According to a July 2009 survey conducted by InformationWeek Analytics and Intelligent Enterprise, organizations are continuing to reduce the number of BI tools and many are moving to a single standard.

When the survey was done in 2007, a third of the business technology professionals said that their company had standardized on one or a few BI tools deployed throughout the company. Two years later, the response to that question went up to almost half.

Here are some other findings:

  • Deploying BI tools on a project-by-project basic dropped from 22% to 19%
  • Having many BI tools scatttered through departments, operations, and locations dropped from 25% to 18%
  • Deploying BI tools as part of other technology initiatives dropped from 17% to 14%

Doug Henschen, editor in chief, says that while BI tool consolidation and standardization is not just marketing hype, no software vendor produces a single stack of technology that can meet all of the BI needs of an organization. That makes picking a single vendor’s product as a BI standard difficult.

More Read

tips for making the most of business intelligence

5 Vital Business Intelligence Tips All Companies Should Embrace

The 6-Step Guide to Integrating Business Intelligence and Analytics
Business Intelligence for Fairs, Congresses and Exhibitions
Top BI and Analytics Tools for Data-Driven Businesses
Recognizing Vulnerabilities and Risky Behavior Through Business Intelligence

Doug adds:

“Another key trend revealed in our survey is that businesses are forging new BI agendas. Yes, the …


According to a July 2009 survey conducted by InformationWeek Analytics and Intelligent Enterprise, organizations are continuing to reduce the number of BI tools and many are moving to a single standard.

When the survey was done in 2007, a third of the business technology professionals said that their company had standardized on one or a few BI tools deployed throughout the company. Two years later, the response to that question went up to almost half.

Here are some other findings:

  • Deploying BI tools on a project-by-project basic dropped from 22% to 19%
  • Having many BI tools scatttered through departments, operations, and locations dropped from 25% to 18%
  • Deploying BI tools as part of other technology initiatives dropped from 17% to 14%

Doug Henschen, editor in chief, says that while BI tool consolidation and standardization is not just marketing hype, no software vendor produces a single stack of technology that can meet all of the BI needs of an organization. That makes picking a single vendor’s product as a BI standard difficult.

Doug adds:

“Another key trend revealed in our survey is that businesses are forging new BI agendas. Yes, the longstanding challenges of accessing data and developing reports are still there, as is the push to share BI more broadly across the enterprise. But there’s growing interest behind analytics, embedded BI, and search-style querying.

  

New business requirements and new vendor capabilities make it unlikely an organization will settle on a single BI vendor. But consolidating around two or three vendors can help meet requirements and get the resource- and time-savings of standardization.”

Of course, identifying a BI tool or two as your standard is the easy step. Actually replacing all of the existing report writers in your organization is the hard part. When you look at the amount of work, several obstacles stand in your way of actually converting to the approved technology: 
  • There are thousands of legacy programs!
  • We don’t have the resources to convert these programs! 
  • There are hundreds of users impacted!
  • There are some power users who don’t want to change!
  • There are years of work effort involved!
  • We would have to spend millions of dollars!

It is easy to argue that moving to the new standard is an “undue burden” and therefore something you should not be forced to do. Yet smart companies are doing it because reducing the number of BI tools (especially legacy ones) can: 
  • Reduce license costs
  • Reduce internal support costs  
  • Reduce human resource challenge of scarce skillsets
  • Reduce the number of vendors with whom you must work
  • Improve productivity (e.g., no disputes about or research into BI tool selection)
  • Improve BI project success (consistent usage of the approved product)
  • Modernize to web-based and Microsoft Office-integrated technology

More companies will standardize their BI products and reduce the number of reporting tools they support — it is a natural progression (like spreadsheets, word processing, e-mail packages, and databases).

For a limited time, you can get a free copy of this BI report at InformationWeek.

TAGGED: bi tools, enterprise 2.0
DougLautzenheiser April 28, 2010
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

tips for making the most of business intelligence
Business Intelligence

5 Vital Business Intelligence Tips All Companies Should Embrace

7 Min Read
big data for companies
Business Intelligence

The 6-Step Guide to Integrating Business Intelligence and Analytics

4 Min Read
business intelligence for exhibitions
Business Intelligence

Business Intelligence for Fairs, Congresses and Exhibitions

8 Min Read
bi tools for data-driven businesses
Analytics

Top BI and Analytics Tools for Data-Driven Businesses

10 Min Read

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

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
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?