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Business Intelligence: 5 Things to Watch for in 2010
Business Intelligence Solutions is also known as :
BI Solution,
Competitive Intelligence,
BI Technologies,
Business Intelligence in 2010,
BI System,
Pervasive BI,
Business Intelligent,
Business Intelligence Technology,
Leveraging Business Intelligence,
Business Intelligence Analytics,
Decision Support System,
Core BI Applications and Functions,
DSS,
Pervasive Business Intelligence,
Business Intelligence Data,
Business Intelligence Application,
BI Solutions and Processes,
BI Analytics,
Enterprise-wide BI,
BI Information,
CRM Business Intelligence,
Business Intelligence Support Decision Making,
Adoption of BI,
Business Intelligence Function,
Success with BI in 2010,
Business Intelligence Recommendations,
BI Applications.
Introduction
Business intelligence (BI) solutions will continue to multiply in 2010. Smaller, newer vendors will merge with or be
acquired by larger software companies. And users will continue to try to figure out how best to leverage BI to turn their
organization into truly intelligent, agile and more effective businesses. Below are some specific areas of focus and
recommendations intended to help those users to achieve their goals.
Analysis
1. BI will become more pervasive and more visible - and more invisible.
CRM, SFA and other applications focused on sales, service and support will increasingly act as "feeders" into core BI
applications and functions. This increasing integration offers the prospect more complete and comprehensive views
of business operations, in part by hiding BI functions behind other applications and interfaces familiar to users.
What you should do: Ensure that all of your current and potential solutions for CRM, SFA, help-desk management,
contact-center management and other business-critical functions can "talk" to your BI solutions and processes. Also,
work to drive adoption of those "feeder" applications to as close to 100 percent as possible. This will help to ensure
that, to paraphrase a recent U.S. president, no BI information is left behind.
2. BI functions will increasingly "live in the cloud(s)."
As more collaboration, CRM and sales/marketing automation functionality is delivered as cloud-based services, BI
functions will follow suit. This should give you more options for expanding the reach and adoption of BI and related
applications, in many cases more affordably and with lower management overhead than possible with previous
alternatives.
What you should do: If you're already using cloud-based solutions for CRM, SFA or related functions, work with
your vendor(s) and/or reseller(s) to make sure those solutions interoperate with incumbent or planned BI solutions. If
your organization is not yet in the cloud, educate yourself and your colleagues about what's available; what works with
what; and what makes the most sense given your organization's specific needs, goals and resources.
3. BI and business collaboration will grow closer.
During 2010, numerous innovative collaboration-centric solutions will likely appear, built upon platforms such as
Google's Wave, Salesforce.com's Chatter and SAP's 12 Sprints/"Constellation" project, now in beta testing. SAP's
alternative is particularly interesting, given the company's long leadership in ERP and BI. Also, early reports indicate
that SAP plans at least some integration with Google Wave, and to support real-time collaboration with information
aggregated from multiple sources, presumably including those within and outside of an organization. Given SAP's
legacy, the company will likely enable users to employ a hybrid approach combining cloud- and premises-based
resources. All of these emerging platforms offer the promise of enhancing real-time collaboration with real-time and
near-real-time BI and business analytics.
What you should do: Keep an eye on developments related to these and other such platforms. Pay specific
attention to how and whether the providers of your most business-critical applications adopt and/or respond to those
developments. And make sure those responsible for those business-critical applications at your organization sign
up for access to the emerging platforms, so your organization has as much practical information as possible about
potential specific BI-collaboration integrations.
4. BI will gain a larger "voice."
The growing use of IP telephony creates new opportunities to gather and leverage information about who calls
whom and what happens before, during and after each call. This information can be a very valuable addition to BI
and analytics efforts - but only if a company's phone system and that system's vendor, reseller and/or integrator are
sufficiently strategically focused on the company's business needs and goals.
What you should do: Take a strategic approach to VoIP, and make sure that your chosen and candidate solutions
- and their vendors - understand your business needs and goals. You want to make absolutely sure that all relevant
information about voice traffic at your organization is as accessible to your BI- and analytics-related solutions and
efforts as is information about e-mail and other data.
5. BI will continue to challenge business decision makers to take full advantage of its benefits.
While growing numbers of companies will achieve success with BI in 2010, many will find their efforts stymied.
Impediments will include disjoint solutions, inconsistent integrations with other key applications and information
sources, lack of complete solution adoption, lack of managerial support or some combination of these factors.
What you should do: Stay the course and remain focused on your business goals. Evangelize the business value
of effective, comprehensive, enterprise-wide BI and analytics to all key constituencies at your organization, from
senior management to sales and support teams. Strive to focus on solutions and vendors that support and encourage
interoperability, ease of use and management, and effective integration. And keep at least one eye on technological
and business developments among BI solution providers.
Conclusion
Business intelligence efforts can only result in a truly intelligent, agile business if they are driven by business goals;
comprehensively deployed and adopted; and managed in ways that produce meaningful, measurable and credible results.
The trends and recommendations above can provide a foundation upon which you can build an effective approach to BI
tailored to your organization's unique needs and goals. In addition, resources such as Focus can help you to get and keep
informed and up to date on relevant industry developments, the experiences of other users and advice from experts.
Recommended Reading
- What Is CRM NOW?
- Focus Speaks: Top Enterprise CRM Solutions and Vendors
- Focus Speaks: Driving Sales and Marketing Teams' Adoption of CRM