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
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
    data analytics and truck accident claims
    How Data Analytics Reduces Truck Accidents and Speeds Up Claims
    7 Min Read
    predictive analytics for interior designers
    Interior Designers Boost Profits with Predictive Analytics
    8 Min Read
    image fx (67)
    Improving LinkedIn Ad Strategies with Data Analytics
    9 Min Read
    big data and remote work
    Data Helps Speech-Language Pathologists Deliver Better Results
    6 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Fewer BI Tools in Your Future
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 > Fewer BI Tools in Your Future
Business Intelligence

Fewer BI Tools in Your Future

DougLautzenheiser
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

Redefining Leadership in the Emerging Social Business Environment
Enterprise Agility: It’s What We Do. It’s Who We are.
Can Performance Management Combine the Best of Soviet Planning and Capitalism?
Forrester: Companies That Don’t Integrate Social Data Fail in the Age of the Customer
World Class Information Architecture

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 toolsenterprise 2.0
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

sales and data analytics
How Data Analytics Improves Lead Management and Sales Results
Analytics Big Data Exclusive
ai in marketing
How AI and Smart Platforms Improve Email Marketing
Artificial Intelligence Exclusive Marketing
AI Document Verification for Legal Firms: Importance & Top Tools
AI Document Verification for Legal Firms: Importance & Top Tools
Artificial Intelligence Exclusive
AI supply chain
AI Tools Are Strengthening Global Supply Chains
Artificial Intelligence Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

Implementing Enterprise 2.0 at Océ Part Four: Operational and Financial Impact

8 Min Read

Social software adoption, how are we doing?

4 Min Read

e2.0 Iterativ Project Method: Defining business needs and drivers (post 2 or 5)

13 Min Read

Enterprise Collaboration: The New Black?

2 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
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?