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Business Intelligence Pipeline Newsletter November 17 2005Business Intelligence Pipeline Newsletter November 17 2005
Thursday, November 17, 2005
In This Issue:
Editor's Note: Worth A Look Back
Top Business Intelligence News
- Business Objects Turns Excel Data Into Interactive Output
- Google Offers Web Analytics Free
- Mondrian Lends OLAP To Pentaho Open-Source BI
- More News...
Editor's Picks
- How-To: Midsize BI, Play To Your Strengths
- Top Trends: Business Intelligence On The Go
- Case Study: Selling Soap, Razors--And Collaboration
- More Picks...
Voting Booth: Google Analytics
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Editor's Note: The Little Guys' Head Start
"Standardization." It's a big word in business intelligence ever since organizations of all sizes stepped back, looked at the number of BI tools they were using, and realized it was, in a phrase, too many.
Analytics once were carried out on a project-by-project or system-by-system basis. You undertook a new business initiative, and then you put a BI tool in place to monitor the new data stream the initiative created. And one-off BI worked fine. Until it turned out that it was difficult, if not impossible, to get an overall picture of the organization's data, because information was spread out over many silos and being examined by tools that were never designed to interact with one another.
So the BI standardization movement is afoot. And here's something interesting: It turns out that it's the medium-sized businesses, not the big ones, that have a head start at bringing their BI technology down to a more manageable level.
According to The Data Warehousing Institute, companies with revenue of more than $5 billion annually use, on average, 3.7 BI tools. Businesses with sales in the range of $500 million to $5 billion have 3.1 BI packages. But the smaller firms--those with revenue of less than $500 million--use an average of only 2.3. So as far as standardization goes, the smaller firms are ahead in the race. In short, they've got a lot less work to do than their big, cash-flushed rivals.
As an Intelligent Enterprise story we bring you this week shows, that's not their only BI advantage.
It also turns out that medium-sized firms have compiled the same business intelligence wish lists as their larger competitors. They want better BI, and they want to analyze more than just customer data. To that end, they're investing in more infrastructure and searching for new data sources, from both within and without.
Smaller firms shouldn't consider themselves at a disadvantage when it comes to business intelligence. Instead, they should focus on their advantages and make the most of them.
Until next week -
Ted Kemp Editor, Business Intelligence Pipeline tkemp1@nyc.rr.com www.BusinessIntelligencePipeline?Create.com
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Top Business Intelligence News
Business Objects Transforms Excel Data Into Interactive Output The business intelligence software maker takes advantage of its recent $40 million buyout of Infommersion to launch Crystal Xcelsius.
Google Offers Web Analytics Free Google has begun offering its basic Web analytics service for free.
Mondrian Lends OLAP To Pentaho Open-Source BI The Mondrian On-Line Analytical Processing project has made itself a "permanent part" of Pentaho BI, the organizations say.
EBay Launches Analytical Tool For Sellers, Buyers EBay launches a service that gives sellers and buyers access to listing, bidding and pricing trends.
Editor's Picks
How-To: Midsize BI, Play To Your Strengths Midsize companies can use customer intelligence to out-maneuver the big firms, but executives will have to learn to share the knowledge and the authority to act.
Top Trends: Business Intelligence On The Go As tools go wireless, scaled-down apps face the challenges of network compatibility, small screen-size, and bandwidth limitations. But many BI users can no longer be tied to their desktop PC or a corporate extranet.
Case Study: Selling Soap, Razors--And Collaboration Procter & Gamble recasts its strategy--and image--with new PC apps, predictive business intelligence, and virtualized processes.
How-To: Don't Let Third-Party Cookies Crumble Web Results If you want to run your Web site like a business, you have to track site visitors. But what kind of Web analytics package is right for you?
Expert Views: The Failed Search For A Single View Of The Customer Organizations continue to struggle to improve customer satisfaction. BI tools can help.
Time for The News Show Ready for an irreverent inside look at the technology industry? Tune in to "The News Show." Our special media presentation features breaking news, technical reviews and trend analysis, along with gossip, opinions and an overheated rant or two. The News Show is available at 12:00 PM EDT every weekday.
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Cast Your Vote Now! Would you consider using a tool from Google for the Web analytics needs of your business? http://www.bizintelligencepipeline.com/vote/051115_googanalytics.jhtml Google has decided to give away Web analytics capabilities to all comers. Would your organization be willing to trust its online business intelligence with a product from Google?
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