Business Services Industry

No business neglecting intelligence: there have been many approaches to building BI solutions, most of them unsuccessful.(Brief Article)

Ivey Business Journal, May, 2002 by Purba, Sanjiv

There are many reasons for this, including the cost of constructing the BI solutions, complexity of operating them in conjunction with real-time transactional applications, and the relative priority of investing in an application to run your business immediately versus building a solution that will support better decision making in the future. In a contest for resources, the immediate urgency wins every time. The result of this is the unfortunate reality that BI solutions tend to get neglected on project priority lists. What's required is another perspective that does not pit these two approaches against each other. Properly constructed BI solutions offer a return-on-investment (ROI) that can often be measured in months, not years. The solutions, in effect, pay for...

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