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ITEyewitness: Keys to a Successful Business Intelligence StrategyProduct Type: Market Research ReportPublished by: IDC Published: April 2008 Product Code: R104-33469 Description
This IDC study provides guidance on how to establish a vision for an enterprisewide business intelligence (BI) strategy. The study highlights the key issues for leaders to consider before embarking on a BI implementation, including steps on establishing a successful BI Competency Centre (BICC). This IDC report then puts the theory into practice by presenting a buyer case study, specifically an analysis of the evaluation, design, architecture, and implementation of the in-house BICC at Sydney Water. It highlights key milestones achieved during the process and develops an in-depth roadmap for the project. The study evaluates the results and the benefits for Sydney Water to-date, and provides a forward-looking vision for future expansions of its BI capabilities. "Today's markets are faster moving, more diverse, and more competitive than ever before. Fuelled by new technology innovations such as radio frequency identification (RFID) chips, nanotechnology, grid computing, and video streaming, data generation continues to skyrocket on a daily basis. Thus, one of the key factors that contribute to the successful performance of organisation is the ability to manage this explosive growth of information that society is experiencing. The enterprise must empower all stakeholders with the right information ? at the right time. A clearly defined, purpose-built BI strategy can support this business need," states Melissa Martin, senior market analyst, Enterprise End-User Programmes, IDC Australia. Table of Contents
Table of ContentsIDC Opinion In This Study Situation Overview Market Definition Business Intelligence Solutions Business Intelligence Tools in Use in Australia and New Zealand Figure: Business Intelligence Tools Installed and Forecast Figure: Business Intelligence Tools Installed, by Sector The Intelligence on Business Intelligence Business Intelligence Is About People, Not Technology Business Intelligence Is About Strategic Investment, Not Cost Business Intelligence Is About Assessment and Analysis, Not Data Figure: Business Intelligence Assessment Process Business Intelligence Is a Continuous Process, Not a One-Off Project Introducing the Business Intelligence Competency Centre The Business Case for a Business Intelligence Competency Centre Figure: Benefits of a Successful Business Intelligence Competency The Establishment of a Business Intelligence Competency Centre Figure: Steps to Establishing a Successful Business Intelligence Competency Centre Buyer Case Study: Sydney Water Overview of the Situation Organisational Overview Business Challenges Figure: Sydney Water's Reporting Structure (Major System) before Business Intelligence Competency Centre Project in 2005 The Solution Approach Assessment of Business Intelligence Requirements Defining a Business Intelligence Entry Point Solution and Service Provider Procurement The Business Intelligence and Data Warehouse Tool Selection Process Solution Service Provider Selection Figure: Business Intelligence Competency Centre Project Team The Project Delivery Framework Figure: Project Delivery Framework The Business Intelligence Competency Centre Figure: The Business Intelligence Competency Centre Technology Components Results and Challenges Project Outcomes Challenges and the Roadmap Ahead Future Outlook Table: Top 10 Applications and Disciplines Showing Highest Forecast Growth Between 2007 and 2009 (%) Essential Guidance Learn More Related Research Synopsis |
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