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Trends and Outliers

TIBCO Spotfire's Business Intelligence Blog

Category Archives: Business Intelligence Software

03/12
2012

Making the Most of Embedded BI

embedded BI 150x150 Making the Most of Embedded BI  Data, once organized and presented correctly, is a source of information. Information shared across an organization offers insight. Insight delivered quickly becomes actionable.

In today’s business climate staying ahead requires a system to deliver actionable insight to decision makers in a format that’s easy to understand and easy to access. The delivery of a quality, universally accepted business intelligence (BI) system that integrates well with existing systems is the challenge for a number of organizations today.

The Aberdeen Group has conducted research on the subject and published its findings describing how companies successfully develop and deploy embedded BI systems.

The Aberdeen study surveys 420 respondents who reveal that deploying embedded BI systems leads to quicker adoption, longer engagements, and a fostering of BI system familiarity when compared to standalone BI systems. A customer relationship management system (CRM) and a human resource planning (HRP) system augmented with analytics are perfect examples of an embedded BI implementation.

Of the 420 respondents, 174 (about 41%) indicate that they employ embedded BI approaches by augmenting/integrating with corporate systems used to conduct day-to-day operations. Aberdeen categorizes and groups the 174 respondents embedding BI in three performance areas:

  • How actively involved the users of the business organization are with the BI system;
  • How well the user accesses the data from the BI system without a great deal of assistance from the information technology department; and
  • If the organization has experienced significant cycle time improvements when evaluating the business processes and conducting a comparative analysis from year to year.

Aberdeen classifes organizations measuring in the top 20% as “Best-in-Class;” those in the middle were “Industry Average” and the bottom 30% were classified as “Laggard.”

Best-in-Class organizations generally start the BI embedding process as a result of clear business justifications; the business user drives the analytical process. Additionally, Best-in-Class organizations share data across their organizations (where security permits) to facilitate best practices and functional collaboration – clearly articulating performance measures to promote cultures of accountability.

Balancing the cost of building, purchasing/licensing or a combination of the two can be a challenge. Aberdeen indentifies ease-of-use, functionality, and linkage to existing systems as additional challenges to consider before embedding analytics.

Aberdeen makes the following recommendations based on the behaviors exhibited by Best-in-Class organizations:

  • Start with the software most widely used by the organization;
  • Ensure that the BI functionality integrates well with the software that will serve as the host;
  • Gather user requirements to ascertain and understand analytical needs; and
  • Develop polices for sharing data, ensuring compliance with the organization’s security and governance policy.

Next Steps:

  • Download our five-minute guide to business analytics to learn how user-driven “analytic” or “data discovery” technologies help business and technology users more quickly uncover insights and speed action.
  • Sign up to listen to our complimentary webcast on collaborative BI with Boris Evelson (@bevelson), Vice President and Principal Analyst at Forrester Research
  • Subscribe to our blog to stay abreast of insights and trends in collaborative BI.

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08/30
2011

Five More Unconventional Uses of BI Software

Last week’s popular fantasy football post got us thinking about an older post and other non-traditional uses of BI.  When this blog launched two years ago, we looked at five unconventional uses of BI software. For those who wish to travel back in time, here’s the video:

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08/12
2011

Top Considerations When Working with Big Data

big data opportunities and challenges Top Considerations When Working with Big Data Daily Finance columnist Anders Bylund (@TMFZahrim) made a big deal about Big Data investments this past week and showcased how BI software is the solution for dealing with all the data once you have your “enormous database.”

While this column was directed at companies to invest in, Bylund provided a good example in calling data analytics software “the muscle to wring meaning from it [Big Data].”

However, it’s not as simple as purchasing software when you consider today’s deluge of data, according to a Search Data Management article. The traditional data warehouse is full of data that’s mostly structured, says Forrester analyst Brian Hopkins (@practicingEA). That’s not the case anymore – today’s data is semi-structured at best.

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08/23
2010

Business Intelligence and Analytics for Speedy Businesses

Zipcar 150x150 Business Intelligence and Analytics for Speedy BusinessesOne might assume business intelligence and analytics are used almost exclusively by large enterprises with volumes and volumes of data collected over decades.  Well, yes.  But that doesn’t preclude smaller, nimble, fast-growing businesses that also need to use business intelligence and analytics to understand customer trends and business operations.

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05/06
2010

Data Visualization: Reorienting Meetings to Be More Agile and Interactive

j0386406 150x150 Data Visualization: Reorienting Meetings to Be More Agile and InteractiveMany of you have probably heard the tongue-in-cheek phrase, “Death by PowerPoint”.  It’s even more likely that you have had to endure a brutally boring and unproductive presentation session more than once.  It turns out that there are parts of the government and private industry working to avoid wasting precious cycles with such presentations for more successful outcomes.  Rather than following age-old tradition in running meetings dependent on standard ‘slideware’, these organizations are turning to interactive data visualization tools to better facilitate discussions and group explorations.

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04/02
2010

The Role of User Interface in Business Intelligence Tools

j04385281 150x150 The Role of User Interface in Business Intelligence ToolsBEyeNetwork recently announced the availability of a new business intelligence research report by business intelligence industry expert and Founder of BIScorecard, Cindi Howson.  The report, “Ease of Use and Interface Appeal in Business Intelligence Tools,” defines ease of use and interface appeal and discusses the current business intelligence tool market.  

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03/29
2010

New Resources for Business Intelligence and Analytics Information

j0438528 150x150 New Resources for Business Intelligence and Analytics InformationBusiness intelligence is designed to serve up data often hidden in the enterprise.  Analytics are tools to analyze, manipulate and delve into that data in order to make appropriate business decisions.  Both are clearly valuable, but even some business intelligence and analytics users still struggle to find the right information, understand it in the right context, and then make the right decisions.

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03/11
2010

Do “Big” Business Intelligence Companies Understand Analytics?

Steve Few Do “Big” Business Intelligence Companies Understand Analytics?Do “big” business intelligence companies understand analytics?  Blogger Stephen Few wonders that in a recent posting, “Big BI (Business Intelligence) is Stuck:  Illustrated by SAP BusinessObjects Explorer.”

Few makes the case that the larger, older business intelligence vendors haven’t made the transition from building data warehousing solutions to building systems that address “data sense-making.”  He argues “data sense-making (also known as analytics) requires … an approach that leads with design, not engineering, and focuses on people, their needs and abilities, not technology.”  In essence business intelligence is no longer about serving up (or providing access to) data, but about proving a complete solution (people, process and technology) for analytics-based decision-making.

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03/10
2010

Get the Inside Scoop on the Business Intelligence Market

j04431605 150x150 Get the Inside Scoop on the Business Intelligence MarketIt’s been a busy few weeks in the business intelligence market.  In addition to the TDWI World Conference in mid-February, many vendors in the business intelligence space have held analyst briefings, providing insights into product developments, views on the market and more. 

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03/08
2010

Spotfire Named to Datamation’s Ten Leading Business Intelligence Software Companies

j0437059 150x150 Spotfire Named to Datamation’s Ten Leading Business Intelligence Software CompaniesJeff Vance of Datamation recently covered the business intelligence vendor market.  In “Business Intelligence Software: Ten Leaders,” Vance calls the business intelligence software market a “David vs. Goliath” fight between “behemoth” vendors and “pure-play” vendors.

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