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
    big data analytics in transporation
    Turning Data Into Decisions: How Analytics Improves Transportation Strategy
    3 Min Read
    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
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: BI’s Dirty Secrets – Why Business People are Addicted to Spreadsheets
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’s Dirty Secrets – Why Business People are Addicted to Spreadsheets
Business Intelligence

BI’s Dirty Secrets – Why Business People are Addicted to Spreadsheets

RickSherman
RickSherman
3 Min Read
SHARE

SecretMicrosoft Excel spreadsheets are the top BI tool of choice. That choking sound you hear is vendors and IT people reacting viscerally when they confront this fact. Their responses include:

SecretMicrosoft Excel spreadsheets are the top BI tool of choice. That choking sound you hear is vendors and IT people reacting viscerally when they confront this fact. Their responses include:

  • Business people are averse to change; they don’t want to invest time in learning a new tool
  • Business people don’t understand that BI tools such as dashboards are more powerful than spreadsheets; they’re foolish not to use them
  • Spreadsheets are filled with errors
  • Spreadsheets are from hell

 IDC estimated that the worldwide spend on business analytics in 2011 was $90 billion. Studies have found that many firms have more than one BI tool in use, and often more than six BI tools. Yet a recent study found that enterprises have been “stuck” at about a 25% adoption rate of BI tools by business people for a few years.

More Read

Analytics-backed investments ideas
6 Analytics Backed Business Investments For 2019
re: “Thoughts on Understanding Neural Networks”
Redefining Leadership in the Emerging Social Business Environment
New Generation of Technology Will Rely on Analytics, Study Shows
Why Small Businesses Shouldn’t Think Twice Before Embracing AI

So why have adoption rates flatlined in enterprises that have had these tools for a while? Are the pundits correct in saying that business people are averse to change, lazy or just ignorant of how wonderful BI tools are?

The answers are very different if you put yourself in the business person’s position.

First, business people are likely working many hours and multi-tasking. Demands on their time are ever increasing regardless of the state of the economy. Without any spare time, they need a compelling return on investment before learning a new tool. Spreadsheets have been the bedrock of reporting and analysis for quite a while, so if it ain’t broke don’t fix it.

With spreadsheets business people can slice and dice data, pivot it, calculate new metrics and display in compelling visuals. What they need more than a new slick presentation tool is comprehensive, clean, current and consistent data.

Second, moving to BI tools mean that business people have to depend on their IT staff to create the dashboards, cubes, visualizations and reports. Since many business people feel that there is a significant IT bottleneck resulting in a long waits before they get their reports, they keep turning to spreadsheets. After all, neither their competition nor their boss is going to wait for IT to generate the report they needed yesterday.

There are certainly many compelling reasons to convince a business person to use a BI tool, but the usual slick demo and “it will practically do your job for you” pitch is not going to change a business person’s mind.

 

Next: What are the real problems and how do we entice business people to use BI tools?

 

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

AI role in medical industry
The Role Of AI In Transforming Medical Manufacturing
Artificial Intelligence Exclusive
b2b sales
Unseen Barriers: Identifying Bottlenecks In B2B Sales
Business Rules Exclusive Infographic
data intelligence in healthcare
How Data Is Powering Real-Time Intelligence in Health Systems
Big Data Exclusive
intersection of data
The Intersection of Data and Empathy in Modern Support Careers
Big Data Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

Gaming the Forecast

4 Min Read

Driving Adoption of Business Intelligence

5 Min Read
role of AI and computer-aided design
Artificial Intelligence

The Fascinating Role of AI in the Evolution of Computer-Aided Designs

4 Min Read
data science and business in big data
Big DataBusiness IntelligenceData ScienceExclusive

The Connection Between Data Science And Business In Big Data

6 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 chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

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?