Panorama Business Intelligence

Days of thinking led me to write this post. Are technology issues really what are preventing people from using business intelligence for real-time and better decision-making? Are the limits of technology the major issue?
The answer to both is a definite no.

Of course, these limitations have played a huge role, but technology is evolving fast and now there are numerous tools available that allow companies to pull insights from enormous amounts of data.

For a long time, we were trying to find how to make BI work for organizations in way, that will allow for a wide adoption. With the invention of Necto, which is the first Business Intelligence 3.0 enabled suite, we finally nailed it. The main problem wasn’t the technology, it was always a question of how to organize all information inside and outside (data flows) the BI system in a way that allows people to use it without costing businesses an arm and a leg.

Here’s the thing – data means nothing until it’s translated into information. That’s the purpose of BI and why it originally failed to deliver on its promised value. Making information – whether it’s a dashboard, visualization or KPI – digestible for all users within a company is difficult.
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Meetings are a necessary yet tedious part of everyone’s work day. No one, myself included, enjoys spending hours on end in the board room only to later return to a backlog of 20 emails and a stack of paper 6-inches thick.

While meetings are the age-old collaboration practice of just about every company, they can also effectively bring productivity to a screeching halt. They take time away from many tasks in order to focus on just one.

Such issues were addressed in a terrific podcast I recently came across entitled Read This Before Our Next Meeting. The premise of the podcast is based on the book of the same name by Al Pittampalli. In short, both address how disruptive meetings have become to daily operations.

But it doesn’t necessarily have to be this way. We believe that, through business intelligence and synchronized employees, companies will have a better means for gathering ideas, while still getting work done efficiently. It’s my belief that all of this can be accomplished with the help of business intelligence 3.0.

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