BI Now Regarded as Urgent For Many Companies If businesses were in doubt before as to whether they could justify the cost and implementation schedule of business intelligence solutions, the recession is certainly making them wish they had taken the jump earlier. There are many comments as to how the rate of change in business [...]
Business Intelligence acts as a foil against customer irrationality. A recent study by McKinsey group identified that customers do not act as rational as businesses expect them to. This has been highlighted in the recent mortgage industry collapse, where banks incorrectly assumed that home owners would be rational in managing their debt. And it wasn’t [...]
Following on from my previous blog ‘Does Sharing Information Decrease Performance’ it is interesting to see Gartner also supports decision making as being the hot BI project for 2008. Proposing that gut instinct is being replaced by “access to data that’s good enough to take quick action on”, Mark McDonald, a vice president at Gartner, [...]
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