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Business Answers at your Fingertips: The Real-Time Value of BI
Aberdeen Group, April 2011, Pages: 10
Today's business decision maker is challenged by a multi-dimensional and continually evolving competitive environment. In one dimension, the evolution of technology and the subsequent acceleration of information flow have created an environment that handsomely rewards timely generation of business insight. In another dimension, the volume, disparity, and overall complexity of that information is expanding at an alarming rate. Aberdeen's December 2010 benchmark report, 'Data Management for BI: Fueling the Analytical Engine with High-Octane Information', supports this assertion in demonstrating that the average company sees a 41% year over year increase in data volume. This growth in volume is then compounded by an average of 15 unique data sources that feed into their Business Intelligence (BI) and analytical systems. Today's top performing organization has developed a strategy to manage the growth in data volume and complexity while at the same time exploiting that data to create quicker business insight.
This Aberdeen Research brief hones in on the critical time element of a Best-in-Class BI strategy. The research shows that these top performers are leveraging real-time or near real-time analytics in order to proactively manage their business and drive substantial performance improvements.
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