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Business Intelligence on the TCO Diet: Slashing the Cost of Insight with Analytical Fitness
Aberdeen Group, May 2011, Pages: 24
Business Intelligence (BI) solutions promise visibility, insight, and performance improvements when deployed efficiently, but too much waste and underutilization in the process can lead to unnecessary cost and time pressures. Best-in-Class companies, leveraging a Total Cost of Ownership (TCO) approach to BI, have achieved a superior level of analytical fitness by optimizing their IT resource utilization and building higher BI adoption rates. Relying on a comprehensive set of organizational capabilities, top performing companies are able to plan, implement, and manage their BI strategies more efficiently, ultimately leading to a lower cost per user, and a higher return on their investment in BI. This report is based on feedback from 359 executives across the globe.
Aberdeen used the following three key performance criteria to distinguish Best-in-Class companies:
- 92% of BI projects are delivered within budget, compared with 64% for the Industry Average and 18% for Laggards - 87% of BI projects are delivered on-time or early, compared with 52% for the Industry Average and 11% for Laggards - 71% of user base is activity engaged with BI (weekly or more frequently) compared with 38% for the Industry Average and 11% for Laggards
Key report benefits:
- Spend Less per Active User - Optimize IT Resources - Grow Adoption Rates
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