The Fast Return of Intelligent Business
IT executives are now under increasing pressure to deliver a significant return on investment in half the time.
So says the '2009 AT&T Road to Growth Study' following interviews with 77 IT executives responsible for strategy and budget allocations in multinational companies.
The study empirically confirms what we at Satsuma have noticed in recent months: now the economy is showing early signs of recovery, out clients are prioritising investments that show a very fast return.
Most of our clients agree that the most important asset their company can use to recover and prosper now is infomation. Each understands that without easy and timely access to accurate information, their key people will be making critical business decisions based on little more than guesswork. If you think this doesn't apply to your organisation, you may be startled to note that a recent Business Week research reported that 77 percent of managers (surveyed) believe they have made bad decisions because they did not have access to accurate information when they needed it.
The problem isn't that the information doesn't exist - it's that the people who need it are unable to get their hands on it in time to use it effectively. Overly complex traditional business intelligence systems that are expensive to implement, and dependent on the IT department to manage and deliver, cause massive delays (months and sometimes years) in providing usable information to managers and staff.
The next generation of business intelligence systems are changing the information landscape. Helping to cut costs and increase efficiencies and productivity across all business functions, this new wave of flexible and intuitive systems is now out-performing many of the traditional systems in the marketplace. This in part thanks to their rapid implementation time - taking months or years of implementation down to days or weeks, and as a consequence significantly reducing the external consulting spend required for their more traditional rivals.
Add to this their simple user-interface, fast query performance and relatively low cost of implementation, it is no surprise that the next generation of business intelligence systems such as QlikView are achieving such global recognition. In fact, the aforementioned QlikView ranked first in ease-of-use and customer loyalty - outperforming SAP (Business Objects), Oracle (Hyperion) and IBM (Cognos), in the recently published BI Survey 8 - the world's largest independent survey of business intelligence and performance management users conducted by the Business Application Research Centre.
The next generation of business intelligence solutions is all about giving vital business information directly to the real decision makers at all levels and across all departments, and empowering them to make the important decisions that get organisations moving forward - quickly.
If you would like to see how your organisation can come out of the down-turn in a position of strength, talk to Satsuma today about QlikView.