Analyst house Aberdeen Group has just released the findings of its research into BI in 2010, including the results of a survey of over 215 worldwide senior executives. The research validates the assertion that organizational data is growing rapidly in volume and complexity. The ability to make better informed decisions through Business Intelligence (BI) systems is directly related to the cleanliness, relevance, and timeliness of that data. Best-in-Class companies are taking strides to reduce time-to-information, generate a common view of their data, and arm their business decision makers with a high degree of data quality in order to support enhanced business performance.Highlights from the report include:
- Best-in-class companies are able to integrate new data sources in an average of 39 days, compared with 4.1 months for the industry average and 8.9 months for the best-in-class.
- 60% of best-in-class companies saw a decrease in "time-to-information" compared with 26% of industry average companies and 10% of so-called laggards.
- At best-in-class companies, 81% of analytical employees, on average, have access to analytical capability versus 56% at industry average companies and 23% at so-called laggard type companies.
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