Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Social Responsibility's Strategic Benefits
December 15, 11:30 AM - 12:30 PM US/Eastern (GMT-5)
Join Ed Granger-Happ, CIO of Save the Children, for a discussion of how creating an organization that is socially responsible improves staffing, retention, leadership development and overall corporate health.
Working With and Communicating to Your Board of Directors
January 13, 2009, 4:00 PM - 5:00 PM US/Eastern (GMT-5)
CIO panelists who will share tips and experiences working with their boards: Twila Day of SYSCO; Jeff O'Hare, West Corp.; Marc West, formerly with H&R Block.
IT's Role in Growing Mid-Market Companies
January 14, 4:00 PM - 5:00 PM ET (GMT-5)
Mid-market Council members will share their companies' stories and challenges in driving or coping with growth. Panelists represent Veterinary Pet Insurance, Medicis Pharmaceutical, and Intrax Cultural Exchange.
Learn more about the CIO Executive Council »
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Three Weaknesses in Business Intelligence Today
Business intelligence systems are providing historic rather than timely data, according to a commissioned study by SeeWhy Software. That means BI systems are not yet yielding their potential: predictive value to the enterprise.
October 23, 2007 — CIO — SeeWhy Software, the privately held maker of a real-time business intelligence (BI) platform, commissioned researchers at Dynamic Markets to survey how well business intelligence was being used in operations. The study surveyed 218 enterprise operations managers in the United States and the United Kingdom. The results validate SeeWhy’s value proposition, says Charles Nicholls, the company’s CEO.
The survey identified three issues in business intelligence today:
1. BI tools provide out of date information. A majority of respondents find themselves needing to make decisions before all the necessary information is in. This means that information gleaned from BI reports is not made relevant for today. Sixty-three percent think business intelligence reports are relegated to reference documents used to report official numbers.
2. Business intelligence tools fail to identify process problems. Eighty percent of operations managers polled were alerted to problems by people rather than from data alerts.
3. BI tools can’t be used as predictors. Fifty-eight percent of respondents say business opportunities have been missed or problems have not been spotted due to a lack of time-sensitive, relevant information.
Nicholls says that to gain value from business intelligence systems, the technology must be built into daily processes to enable autocorrection and real-time usable information, rather than waiting for data to be updated. He does not think event-driven, real-time BI tools will replace traditional BI; instead, real-time and event-driven business intelligence should provide a new frontier, such as the alerting of supply chain issues before they happen. Nicholls, the former head of Business Objects’s analytics division, founded SeeWhy Software in 2003.
Other stories by Diann Daniel © 2008 CXO Media Inc.
The Intelligent Enterprise
Complementary BI: The New Approach to Business Intelligence
The Business of Managing Content: Xythos Document Management & Microsoft SharePoint
Mobility is Growing: Survey Shows Why CIOs are Concerned
The Move Toward Mobilization
Protecting the Code: Technology Escrows Safeguards Critical Software
Dashboard Strategies for Business Users
How to optimize your BI investment
Raising the Bar on Business Service Delivery: Best Practices in Application Performance
Optimizing Wide-Area Data Services Webcast
Why CIOs should embrace Web 2.0
Grassroots Data Governance with SAP MDM
Resource Alerts
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Greenpeace still hunting for truly green electronics
Sony rolls out Atom-powered mini-laptop
Consortium Tackles Cloud Computing Standards
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