01 Apr Report states that BI can help enterprises to flourish
MADISON: The Aberdeen Group released a report that demonstrates that Best-in-Class companies have successfully merged Business Intelligence (BI) functionality with collaborative techniques in order to produce
substantial improvements in customer responsiveness, employee productivity, and business process efficiency. By leveraging a culture of information and other key organizational capabilities, top-performing companies were able to expand the use of analytical capability to more areas of the business and lay a strong foundation for collaborative activity. This elevated level of collaboration enabled Best-in-Class companies to tap into the experience and expertise residing in the minds of its workforce, ultimately enabling them to better understand themselves, their market, and their customers.
This report is based on feedback from 220 end-user organizations worldwide.
Industry reports are that BI spending remains strong, despite broad cuts in IT budgets, and the report has analysis of this trend.
The bottom line numbers found that best-in-class companies successfully maintained 23 percent organic revenue growth compared to 9 percent at other companies. The report is available at no charge through May 1 (you must register). Click Here.