Everybody seems to be talking about business intelligence these days, in part because the term appears to be as solid as Jello, slipping easily into whatever context vendors, analysts, consultants or reporters need it to. But despite its amorphous definition, BI's popularity is on the rise. After all, there aren't many companies that wouldn't like to be more intelligent about their business, and analyzing ever-growing stockpiles of data potentially presents a way to make it happen.
However, many of the conventional BI tools in place for the past couple decades were not designed to address the demands for real-time information and the rapid analysis often facing enterprises' IT departments today. These demands are putting heavier burdens on IT groups, some of which are having a hard time keeping up. According to Forrester Consulting, 66 percent of BI requirements change at least every month.
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