And ouch. Today's news is something that a lot of people don’t want to see; almost two-thirds of companies that employ BI are being barraged with complaints that the system isn’t doing what they need it to do. But that’s what Kognitio has found in a survey of 200 IT directors in the UK. It also found it often takes far too long to get a BI implementation up and running (78% said more than a year).The key here is better communication is needed between the business and IT sides; 88% of enterprises admitted that business departments do not properly define what they want to achieve from an implementation, expecting the IT department to do it for them. It’s also in rapid deployment of a BI system, and the need to begin generating actionable information quickly. The kind that Kognitio’s customers have been receiving for years through their use of Data Warehousing as a Service (DaaS).
Obviously, as companies need to analyze more data, and obtain those results more quickly, the focus on DaaS-type implementations is set to grow even more. But one thing is certain: companies need to adopt a more flexible, pragmatic approach to BI. Otherwise, they may as well open their window and throw their money out of it.
To read the full results of the survey, click here
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