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Overcoming Today's Toughest BI Challenges

Thursday, January 14, 2010

The current economic difficulties are creating even greater interest in BI software because of the potential it offers to analyze data to identify opportunities to cut costs or increase sales. With IT budgets essentially flat this year, Forrester Research still expects BI revenue to increase from $8.5 billion in 2008 to more than $12 billion in revenue in 2014. Large software vendors such as IBM, Microsoft, Oracle and SAP have seized the opportunity by making large BI acquisitions in recent years. Yet many companies have faced challenges with BI, either because they could not find a solution that fit their needs, because they implemented a solution that addressed some needs but left others unfilled, or because the cost and effort associated with implementing a BI solution wasn’t commensurate with the results. This article will attempt to address these concerns.

Article sourced from www.itbusinessedge.com, click here to read full story.

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