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Business Intelligence

5 common Business Intelligence mistakes to avoid

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EducationDid you know that most Business Intelligence (BI) projects fail? While the various surveys on the subject can’t seem to agree on the exact percentage, somewhere between 50% – 80% of BI projects end in failure.

Where do these projects go wrong? What could they have done differently?

While the reasons vary by company and situation, there are a few common mistakes that can lead to BI failure. What are they? While I’m sure there are more, here are 5 mistakes to avoid when implementing Business Intelligence: …

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5 (more) big Business Intelligence trends of the near future

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EducationI can picture it now. Twenty years or so down the road, we’ll probably be telling young business people, “Back in my day, business intelligence applications displayed data on these things called ‘computer monitors’ and couldn’t even predict the future. Also, we had to walk to work uphill both ways.” Then, everyone laughs thinking about how archaic life back in 2012 sounded.

What will business intelligence look like in twenty years? Who knows? Maybe we’ll all wear glasses that automatically display important data right in front of our eyes. Or, maybe we’ll all wear hats that send data directly to our brains. Sound crazy? Those technologies are actually being developed right now.

While we don’t know what BI will look like in 10 or 20 years, what do you think it will look like in the near future? How will business intelligence change in the next 2 or 3 years? I recently wrote up an article listing 6 important BI trends that will be important in the very near future. While I believe we can expect to see those trends in the next year or so, I’d like to go a step further in this article. What BI trends will be commonplace in the next few years? While you can always add your thoughts in the comments, I’ve put together a list of 5 such trends that we can expect to see in the next few years: …

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Weekly recap: 5 ways cloud computing will change IT, the key to great web software, and more…

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EducationEvery week, I share the most interesting and useful tech articles that I’ve found over the past week. This week’s top articles focus on how cloud computing will change IT, embeddable BI, and more. I hope you find them useful:

Nine unheralded technology innovations
Some technologies get all the press, while others go almost unnoticed. This article lists some of the most important, but often overlooked, tech innovations. …

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Weekly recap: 9 endangered species in IT, what to consider in a BI solution, and more…

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EducationEvery week, I share the most interesting and useful tech articles that I’ve found over the past week. This week’s top articles focus on things to consider before investing in BI, endangered IT species, and more. I hope you find them useful:

Beyond the smartphone: Emerging platforms developers should target
Smartphone and tablet apps may get all the press these days, but they are just the beginning of the “app age”. Apps are slowly spreading to other devices, like cars, clothes, and appliances to name a few. …

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8 must-have features of a good Business Intelligence application

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EducationIf you’re looking around for Business Intelligence (BI) solutions, you’ll certainly find plenty of options. Some are flashy. Others are plain. Some are expensive. Others are free.

How do you know which one is best for your business?

To answer that question, let’s get down to the absolute basics of BI. A good BI solution will provide simple access to any aspect of your data whenever necessary–ultimately leading to well-informed business decisions.

Now, that’s easy to say, but what does that look like in real-life? How can you know whether or not a BI solution will fit that description before you buy? What features or elements do you look for?

To help you answer that question, let’s take a look at a full-featured BI application, and then highlight each feature and explain why it’s important. Sound good? Okay, let’s get started. Click the image below to view the demo BI app.

…

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6 big Business Intelligence trends of the near future

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EducationBusiness Intelligence (BI) is changing. In the past, BI was used mainly by company executives, providing them with monthly/yearly reports on various aspects of the company. Using this data, executives could formulate company plans and strategies.

While BI is still a vital piece of the planning and decision making process, this idea of “traditional BI” is quickly fading. As the workforce becomes more mobile, BI is moving outside the confines of the office. Modern business leaders demand real-time BI that’s always accessible–from anywhere at any time using any device. They demand BI that gets the right information into the right hands precisely when it’s needed.

So, what trends are driving this new approach to BI? Here are 6 key trends that I believe will dramatically alter the BI landscape in the very near future. …

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5 things to look for in embedded Business Intelligence

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Save MoneyIn a recent article, I explained a couple of ways that embedded BI is typically used. Software companies embed third-party BI tools in their software to quickly add new capabilities. Internal IT staffs use embedded BI to solve user adoption problems.

The big question: What should you look for in embedded BI software? The answer: While there are more, here are 5 of the most important features to look for in embedded business intelligence software: …

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Can embedded BI solve your user adoption problems?

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Save MoneyUser adoption is one of the biggest reasons why business intelligence fails. After all, if no one uses it, business intelligence is worthless. What keeps users from using business intelligence? Depends on the user. Maybe it’s too difficult. Maybe it’s inconvenient. Maybe they’re just lazy.

Whatever the reason, business intelligence that isn’t used is not only a waste of money, it’s a waste of time. Users go back to what they’re comfortable doing, like using Excel or asking the IT department to run reports.

If any of this sounds familiar, then keep reading. I’m going to explain the concept of embedded BI, and how it can solve this problem. …

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Why users don’t use Business Intelligence

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ProductivityOne of the biggest problems facing companies using business intelligence software is this: Most users don’t use it. This problem has been discussed in great detail, with the general consensus being that users typically don’t use BI software because it’s too difficult. Makes sense, right?

While I believe that problem does play a role in adoption rates, I recently read an old Gartner BI study that touches on another possible reason. Many BI tools require that the user stop operating in their traditional workspace and move to another environment to view information. …

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8 things to look for in a BI tool

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EducationBy now, you probably understand the concept of business intelligence. It helps you keep a pulse on your business and make decisions based on factual data. It helps you spot trends (both negative and positive) and adjust your business plan accordingly.

But, the difficult question with BI is this: What should I look for? What makes a good BI solution? If you’ve ever looked for BI software, you quickly learned just how many options exist. How do you know which one is best for your company? …

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