Welcome to the July issue of Business Intelligence News!
One of the main goals of this newsletter is to provide inspiration and tools to help organizations build an information-driven culture and transform your BI program from an expense within IT to a function that can help transform your company into a world leader or keep your competitive advantage. This is not simply about great technology – an array of other information is needed to make this a success. In this issue, we are focusing on just that. This issue includes a great piece on how to use design thinking, create an information-driven culture, develop your BI strategy, create business cases, and much more. We hope this serves as some great inspiration as you move into the second half of the year.
In the August issue, we will switch our focus back to technology, with an emphasis on visualizations, 3D, geospatial, and dashboards. It will be all things visually engaging and information-rich.
Still trying to figure out how BI can really transform your business and deliver substantive value and benefit to your organization? Jayme Smithers shares how. By putting the technology aside and using a methodology called “design thinking,” organizations are uncovering and building solutions to their most pressing challenges and opportunities.
Many companies have made analytics investments to enable their business to drive growth and secure profitability. To maximize value from these investments, businesses need employees to adopt the use of information as an essential part of the fabric of life within the organization. Information needs to become part of the organization’s culture. This will not happen by accident – there are actions you can take to create an environment where an information culture will flourish.
As BI tools and platforms continue to proliferate, a central challenge for most practitioners is how to successfully compete for funding dollars for BI. Compounding this challenge is that, rather than a core technology, BI is considered by many to be an enabling capability.
Are you forming or evolving your Business Intelligence Competency Center (BICC)? Many companies are investing into these to get full value from their BI programs. Successful BICCs are chartered to align business-driven objectives with information, applications, processes, training, and technology, irrespective of the size of the organization. However, many struggle with determining where to start.
Despite millions of dollars of investments, only 10% of enterprise employees are using business intelligence today. This is even more alarming given projections that 20% of enterprise employees will need analytics by 2014, and 75% by 2020. So if analytics is so critical to business decisions, what’s holding employees back?
SAP has always been a metric-driven company, yet information was not always available to help employees make decisions at all levels of the organization. Through a combination of technology and organizational investments, SAP has transformed its global field organization into an information-driven culture. This transformation has resulted in increased agility and insight throughout the organization – making SAP run even better.
Research conducted by the Aberdeen Group shows that self-service and mobile BI can improve decision making and user adoption. But it also shows that these are only one part of the puzzle and that, when delivered on a single BI platform, self-service and mobile BI can deliver higher returns on investment.
Timo Elliott summarizes a presentation made at the Gurus of BI event in Oslo, Norway, where Anders Reinhardt, head of global business intelligence for VELUX, explained how they’re developing a single version of truth. Read the summary and watch the video.
Watch this short video where Mark Cooper, solution architect of British American Tobacco, discusses how they’re planning on using SAP BusinessObjects Design Studio, version 4.1, to better drive user adoption within the organization.