Although the opportunity to have useful information remains the ideal, in practice, the actual number of employees getting their hands on BI, or opting to use it, is still quite low across companies, says Gartner’s Sallam. “Despite companies’ spending [collectively] $14.4 million on these tools, when we actually survey companies about what percentage of [their] people use the tools, that percentage is below 30 percent. So the challenge is, how do we get analytics in the hands of more and more users?”
To reach that goal, large vendors, such as SAP, Oracle, IBM and MicroStrategy have to adapt their enterprise solutions to be more flexible and accessible, and smaller players like Birst, Tableau and Tibco need to continue building their brands as providers of user-friendly interactive data exploration applications at a price point even small firms can afford. In the meantime, it seems that no CEO can afford to ignore the BI wave, regardless of company size or industry. As Peters points out, those who recognized data as a competitive weapon a decade ago are reaping rewards today. “There is no way Walmart would be what it is today if it had not embraced data warehousing the way it did back then. The ones able to get their fingers on the right information to tweak and manage business to a level of performance that takes them above their peers over time—they win.”
Related Articles:
Harnessing the Power of Business Intelligence
Business Intelligence’s Bounty: How to Choose a Vendor?
A Study in Business Intelligence Vendor Selection
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
