Your Business With James Caan 2017 - 172
Enterprises, physicians, stock traders... everyone these days is awash
with data. But how do you make sense of all the information? And
how can you use it to make better business decisions?
hat has been consistently
ranked as one of the top
concerns for corporate IT
strategy for all Fortune Global 500
companies for the past 20 years? The
answer is investment in business
intelligence. In fact, it's often ranked
as the number-one concern.
This is revealing in a number of ways.
First and foremost, it means business
stakeholders understand how important it
is to have insight into the environment in
which they operate. It's realistic to expect
comprehensive awareness of all aspects of
their business, customers and market.
Second, all industries face constant
pressure to improve quality while increasing
efficiency. These challenges are often met
with attempts to improve agility within
a business, perform lean management
practices, increase planning maturity, and
measure both delivery and performance.
Finally, even though stakeholders demand
such business intelligence insights, the
technology hasn't stood still. This means
increased investment is needed.
Many companies believe they have long
since solved their business intelligence issues.