Is there a second economic downturn coming up? When will it be possible based on the first downturn to do more with more? Will this ever be the case in the near future?

Interesting research from TDWI among BI adopters shows the following popular strategies to squeeze more out of existing BI investments:

1. Use more BI Self-Service as this offloads reporting from IT and empowers users to get the data they need & when they need it;

2. The implementation of a BI Competency Center and/or the use of small-inter disciplinary teams;

3. Reduction or elimination of spreadmarts;

4. Using existing tools instead of purchasing new ones as well as cutting-edge approaches such as the application of agile or spiral development techniques.

5. BI tools consolidation.

Especially 1 and 2 were rated as the most important strategies to do more with less. From our engagements we notice the same. Our product is a typically a self service solution and attracts more and more attention this year. We earlier choose the path of self service and based on experiences and customer requests most of our development efforts are heading that way.

An interesting downside mentioned in this research is report chaos which occurs when BI teams implement self-service BI without governance or controls.

Together with the second important strategy mentioned above it more and more shows that the organization and processes around BI are crucial. This underlines our vision that successful reporting and day to day BI practice should be embedded in a governance structure (BI strategy, reporting process, organization and roles).

Are you ready to Do more BI with Less?

Feel free to respond or to contact us.

Source: TDWI report – Getting the Greatest BI Bang for Your Buck http://tdwi.org/Articles/2010/08/04/BI-Bang-for-Your-Buck.aspx

Martijn