Collaborative business intelligence–what it is and why it’s critical for success

October 14, 2015

On September 22, 2015, top Business Intelligence researcher Howard Dresner of Dresner Advisory Services and Peter Sprague, Vice President of Services and Sales Engineering at Pyramid Analytics held a webinar to discuss why collaboration is key to successful Business Intelligence. Dresner led with background on the current state of Business Intelligence, what the objectives of collaborative BI are, and how to achieve success in your BI initiatives.

BI Objectives:

  • Better decision making
  • Improved operational efficiency
  • Growth in revenue
  • Increased competitive advantage
  • Enhanced customer service

Dresner discussed the current state of BI and where collaboration fits in. He stated that most organizations believe they have at least some success with BI initiatives.

There are several pieces that, put together, determine the success of BI initiatives.

  • Action on Insight – What do we do with the insights we get from BI data?
  • The State of Data – Is our data available, trusted, consistent?
  • Organizational Adoption – What processes are in place to leverage insights and implement change?

He cautioned that while there are many methods to achieve collaboration, such as file sharing, email, meetings, and in-system functionality, not all methods achieve the same success. The organizations that achieve the greatest success use the most efficient method of collaboration: in-system. This means that greater access to the BI platform within your organization is key to better collaboration. Sharing the story told by the data is the basis of collaboration.

Greater access to BI information includes making the data and reports available across a broad platform. It’s more than sharing across an organization’s network. Other platforms to consider include mobile, tablets, and cross-browser availability.

To encourage collaboration, your BI initiative should encompass the various ways users will access and share reports and data.

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