Mobile business intelligence (BI) promised to go anywhere. But so far it hasn't, despite vendors feverishly adding new mobility features to their BI platforms. So why has Oracle recently announced new Business Intelligence software for the wildly popular iPhone? Oracle is specifically targeting the new enterprise-ready features included in the 3G release which Apple hopes will make its hip and trendy smartphone more usable for business users and acceptable for IT departments. But it's debatable whether the iPhone will succeed, where others have failed, in breaking mobile BI into the business mainstream.
IDC's Ullrich Loeffler explains why 'timely information is money' – and how business intelligence software is evolving to better support the need for timely, accurate and relevant information.
Charles Darwin once said: "It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change". We can directly transfer this quote to the corporate world, where companies face disruptive market forces and the continuous change of market dynamics.
For 30 years IT changed the world by creating new industries, altering business and dramatically improving performance. Now powerful external forces are shaping the CIO's agenda. Enterprises are broadening their focus from providing efficient operations to creating new sources of advantage in highly competitive markets. Both public and private sector entities face a world of customers with new levels of information, influence and choice.
Continued Innovation In Business Intelligence
The data integration layer of the BI 'stack' is experiencing a wave of innovation in automated data discovery. Forrester explains that this is an important trend, as data discovery and integration are critical pressure points where many BI initiatives fail.
There are differences in business intelligence (BI) priorities in times of economic stability compared with times of financial crisis. We don’t know when the economy will hit bottom, but assume that the crisis will at least continue for the rest of 2009. This article focuses on the business priorities driving the need for BI, and to a lesser extent the tools and technology innovations. We believe that with the right focus, BI can assist an organization to gain competitive advantage and cost control to steer safely through the crisis. BI is needed to help weather today’s economic downturn. The focus in BI for 2009 is on the ability to proactively measure and optimize the business, the ability to gain efficiencies and identify weak points.
The use of Web 2.0 techniques and technologies in enterprise systems (usually referred to simply as Enterprise 2.0) is changing the way organizations create, integrate, explore, analyze, and deliver information. Used wisely, Enterprise 2.0 can significantly improve the productivity and effectiveness of business users.
Key points
- Information effects decisions
- Turning insight into action
- Cause and effect, intelligence and information
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