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Trends and Outliers

TIBCO Spotfire's Business Intelligence Blog

Monthly Archives: April 2010

04/14
2010

Use Business Intelligence on Business Intelligence for Business Intelligence

j04432022 150x150 Use Business Intelligence on Business Intelligence for Business IntelligenceResearch firm IDC has recently published a report that details that organizations do not know how to measure the benefits of business analytics projects.  IDC conducted a big survey, 6,400 end-users and found that more than a third had no idea how to measure the benefits of their business analytics spend.  Wow.  This is really shocking to us.

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04/13
2010

Business Intelligence Reaches the Masses: Why Your Boss Can Run Her Own Reports

j04464642 150x150 Business Intelligence Reaches the Masses: Why Your Boss Can Run Her Own ReportsIt is a truism that sometimes the simplest things in life are the best things in life.  We have been saying for a long, long time that easy to use analytic business intelligence tools would drive adoption.  It’s a simple statement really, that could be assigned to even the most difficult to use technology – make it simple and the people will use it.  We are not alone in our assertion.  Our SaaS business intelligence tools friends have made a new market by producing easy to use and easy to consume business intelligence tools.  We have noticed.

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04/12
2010

Discover the Technology of Business Intelligence – Now

j04221722 150x150 Discover the Technology of Business Intelligence   NowWe are thrilled to announce our Spotfire User Conference.  Please join us and your fellow TIBCO Spotfire friends in Las Vegas on May 10 – May 13.

As we have talked about before in this blog, business intelligence tools have become easier to use and have increasingly become ubiquitous throughout an organization.  The end-users for business intelligence tools have expanded beyond the analytic community and now include end-users, IT and Spotfire Administrators, Line of Business Managers, and Executive Management.

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04/09
2010

Adding Intelligence to Your Metrics

j0443260 150x150 Adding Intelligence to Your Metrics A recent blog posted by Eric Reis in the Harvard Business Review warns of the pitfalls in creating what he refers to as ‘vanity’ metrics.  The article raises the importance of understanding influencing factors and working to better instrument analytic program inputs.  He goes on to emphasize the need to make metrics more, ‘actionable, available, and auditable’.  Breaking down complex market trends to fundamentals observed in controlled phases can ultimately lead to better intelligence and help businesses move beyond the all too common tea-reading exercises.

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04/08
2010

Participate in Aberdeen Group Research on Sales Forecasting and Analytics

j04094902 150x150 Participate in Aberdeen Group Research on Sales Forecasting and AnalyticsAberdeen Group has just launched a survey on sales forecasting and analytics and they need your opinions!  Are you using a business intelligence tool or analytics tool to forecast and analyze your sales efforts?  Then you should share your experience in Aberdeen’s “Sales Forecasting: Analytics to the Rescue!”

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04/07
2010

Time To Analyze Your Data Center Power/Performance Ratio?

j04004215 150x150 Time To Analyze Your Data Center Power/Performance Ratio? Can ‘always on’ reliability co-exist with Green IT and other energy saving initiatives?  Not surprisingly, analytics and business intelligence deliver the answers.  Companies like American Power Conversion have online calculators to help decipher what savings are possible and how to measure performance while maintaining the desired level of computing power, cooling costs and other overhead such as security or load balancing.

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04/06
2010

Using Predictive Analytics to Print Money

j04385282 150x150 Using Predictive Analytics to Print MoneyWe recently co-sponsored a report, published by Aberdeen Group, which details how organizations that empower their employees with predictive analytics realize benefits to their bottom lines.  The report focuses on a survey of over 350 organizations of which more than half were using predictive analysis and data mining technologies.  Key findings showed that predictive analytics lead to improvements in operating profit margins and customer retention.  While the respondents that were not using predictive analytics showed a decline in profit margins and customer retention.

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Filed under: Business Analytics

04/05
2010

March Madness, Long Odds and Serious Business Intelligence

j0442265 150x150  March Madness, Long Odds and Serious Business IntelligenceAs March gives way to April, there are lessons in analytics for college basketball fans learning the challenges of predicting unexpected Final Four teams and college applicants getting news of acceptance or rejection.  When those packets arrive for the Class of 2014  students should know about data analysis, yield and how the process is managed.

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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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04/01
2010

How Are Things at Hohm? Checking In On Consumer Energy Tracking

j03879382 150x150 How Are Things at Hohm?  Checking In On Consumer Energy TrackingThe idea of providing consumers with a way to see energy consumption data got a lot of buzz in 2009, especially after two top names announced they were entering the space.  Microsoft launched Microsoft Hohm in July, a few months after  Google PowerMeter “turned on” in January.  Both provide free online access to home energy data, with some analytics included.

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Filed under: Business Analytics