Today, businesses of every size are investing heavily to ensure sure their data reaches its full potential. Unfortunately, that’s not as easy as just cutting a check for the latest BI software to hit the market. With so many options available, it can be difficult to choose the best business intelligence tool for your data, but with a little strategic thinking, it’s not impossible. [···]
Business intelligence strategy has ushered in a new era for organizations the world over. A strong focus on data analysis has business leaders enjoying reduced costs, increased efficiency, and all-around better decision-making. When previously unheard-of ROI is touted in headlines regularly, it sparks more businesses to follow suit and jump on the BI movement. However, many do so without considering the full implications of business intelligence on data security. [···]
When a new technology or strategy is trending, there’s often an assumption that it will help large, Fortune 500 companies the most. After all, they’re the ones with the resources to be early adopters, and most innovations are created with their large environments in mind, right?
Not quite. Today, companies with 10, 100, and 1,000 employees are finding out they have much to gain from business intelligence and the data analytics that come with it. In fact, by 2020 it’s projected that BI and advanced analytics will be in use in 75% of organizations. Those small to mid-sized companies that wait any longer to adopt business intelligence strategies will have trouble catching up to the competition. [···]