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Business Intelligence 2.0: From Intelligence to Real-Time Analytics
Cutter Consortium, Feb 2010
According to Cutter Fellow Steve Andriole, 'The promise of business intelligence (BI 1.0) is finally turning the performance corner. We've connected BI to business performance management and we've begun the journey toward structured/unstructured data integration and interpretation and real-time analytics. Almost all of the major BI players have found new homes. All systems are go. The next generation of business intelligence (BI 2.0) is real - and ready.' But are you?
In the new report Business Intelligence 2.0: From Intelligence to Real-Time Analytics, Andriole provides a roadmap for optimizing BI 2.0, which he defines as the intersection of three distinct disciplines - BI, predictive analytics, and real-time processing. The recommendations made in this report will help your organization craft an effective, all-encompassing BI 2.0 investment strategy and leverage the capabilities of BI solutions, bringing you one step closer to the holy grail of BI - information-driven decision making.
This report will help you:
- Leverage real-time analytics that make it possible to collect, store, and analyze data almost as fast as it's found.
- Benefit from the extended capabilities born of the recent M&As in the BI marketplace.
- Make sure that unstructured data is part of your BI strategy.
- Utilize reporting tools that are easy, flexible, and in the right form for executives to make decisions.
- Consider whether various BI solutions -- on-demand, in-the-cloud, SOA-compliant, and open source BI, to name a few -- are a good fit for your organization.
- Make informed decisions regarding BI governance.
- Identify BI operating principles, architecture, infrastructure, applications, and investment processes.
- Improve performance dividends by coordinating business strategy, BPM, and BI 2.0.
- Consider what steps you should take to prepare data/information/knowledge for predictive analytics.
This report also explores why the recent consolidation of the business BI marketplace speaks volumes about where the field is going. And you'll learn why investing in strategy development and BPM will trigger the greatest returns on your BI investments.
Develop a comprehensive BI 2.0 strategy that will contribute directly to business performance.
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