Companies that excel at business intelligence make the technology a differentiator both within and outside the organization. Business intelligence may be one of the hottest information technology topics today, but that doesn’t mean every company is equally adept at maximizing BI’s value. IDC, in a Teradata-sponsored survey, categorized only about 200 of the 1,072 companies as excelling in their use of business intelligence. “Leaders” were defined as organizations that IDC (a sister company to CIO’s publisher) scored as above average (four or five on a five-point scale) in their use of BI, datawarehousing and analytics, and that had a very high satisfaction with their current business intelligence solution.The survey found a number of differences between companies that use BI well, and those whose use is merely average. Business intelligence leaders are more adept than market-average companies at using real-time information. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe Leaders Market Average Availability of data for decision-making has increased significantly. 67% 33% Ability to take action on real-time data is excellent. 54% 13% Leaders make integrating unstructured data into decision-making a priority. Leaders Market Average Using unstructured data is a priority. 53% 21% Leaders are more likely to give BI-tool access to people outside the organization and to front-line staff. Leaders Market Average Customers have access to business intelligence. 47% 24% Front-line staff has access to business intelligence. 78% 54% Management in BI-excelling companies makes business intelligence a greater priority than does management in market-average companies. Leaders Market Average Management has an excellent understanding of the need to invest in BI. 66% 15% Business intelligence is the number-one IT initiative in our company. 31% 8% Leaders put a greater emphasis on measuring business intelligence’s value. Leaders Market Average Companies measure the ROI of business intelligence. 88% 58% Leaders rely heavily on BI. Leaders Market Average My organization would experience an “immediate” negative impact if our business intelligence systems went down. 23% 10% Related content feature 10 digital transformation questions every CIO must answer Impactful DX requires a business-centric approach supported by the right skills, culture, and strategy. Here’s how to assess whether your digital journey is on the path to success. By Mary K. Pratt Sep 25, 2023 12 mins Digital Transformation Digital Transformation Digital Transformation feature Rockwell Automation makes shift to ‘as-a-service’ model Facing increasing competition from cloud hypervisors that see manufacturing as prime for disruption, the industrial automation giant has undertaken a major transformation to add subscription software services to its core business. By Paula Rooney Sep 25, 2023 6 mins Manufacturing Industry Digital Transformation IT Strategy brandpost Fireside Chat between Tata Communications and Tata Realty: 5 ways how Technology bridges the CX perception gap By Tata Communications Sep 24, 2023 9 mins Emerging Technology feature Mastercard preps for the post-quantum cybersecurity threat A cryptographically relevant quantum computer will put everyday online transactions at risk. Mastercard is preparing for such an eventuality — today. By Poornima Apte Sep 22, 2023 6 mins CIO 100 Quantum Computing Data and Information Security Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe