New Survey from Aberdeen Research Looks at TCO of BI
Aberdeen Group recently conducted a survey to analyze companies that take a Total Cost of Ownership (TCO) approach to BI. The research shows that top companies are spreading BI costs to more decision makers, creating an effective self-service environment and as a result, enjoying a faster and more meaningful Return on Investment. While the impact of business analytics can drive measureable and repeatable business performance, the effective implementation and management of these solutions can still pose a challenge to the ill-prepared company.
For organizations looking to implement or expand an existing BI deployment, Aberdeen’s report recommends the following actions be taken:
- Listen to your users and deliver on their needs.
- Measure, manage, and improve the BI deployment process.
- Automate the creation and delivery of standard reports.
- Consider investing in external BI services.
The full report is available for free through the end of June 2012, and can be found here: http://www.aberdeen.com/link/sponsor.asp?spid=30410182&cid=7884&camp=2