The use of business intelligence is a serious consideration within companies today. This could be what sets otherwise similar organizations apart, with some able to use their data and others hampered by the veritable mountains of information present in their IT architecture. It's time for companies to see which camp they end up in, and the final verdict will come from a few factors. There's the choice of software, of course, as well as the presence of and care applied to appropriate data. Then, there's the way staff members treat analytics, a powerful determinant of potential BI prowess.
Analytics in the boardroom
According to a recent report by Computerworld, there is a new position on the executive radar. Instead of simply assigning data matters to one of the other C-suite leaders, some companies are creating a chief analytics officer role that will handle this important element of business in the years ahead. The source quoted Robert Half Technology Executive Director John Reed, who gave the caveat that the position "is certainly not in the mainstream yet, but momentum is building." The emergence of CAOs may take place in the coming months across companies that have gotten their BI priorities in order.
Computerworld stated the organizations on the forefront of the CAO trend are working with scattered pockets of BI within their infrastructures and hoping to unite those efforts under one authority figure. The source gave a concrete example of this trend in action, explaining that Edmunds.com has installed a CAO and seen a change to a more data-driven way of conducting business. The organization did have some BI programs beforehand, but they were decentralized. The new system has enabled new initiatives at the corporate level, uniting a wide sample of information to demonstrate the relative merits of impending initiatives.
Software to get the job done
Working with the right type of BI solution is one more piece of the puzzle that includes oversight and tactics. There are many options on the market, but organizations may get the best experience from a suite such as Necto 14, designed to suit many different types of employee roles and the various data sources they deal with every day. Organizations are not uniform, and if there is to be a product that works with the whole corporate structure, it will have to be both flexible and wide-ranging. This is the type of solution that exemplifies the contemporary approach to BI in enterprise context.