Better understanding required
Access Group surveys show that there is still considerable misunderstanding among business managers about what Business Intelligence (BI) is. Only 16% of financial professionals say they are using BI today while 35% either don’t recognise the term or think it is a piece of technical jargon for the IT people to deal with.
Yet according to Access Group, BI can transform an organisation by simplifying the way people use data and making it a natural part of the decision making process. By deploying BI a company can make good use of all the data at its disposal without the need to make assumptions – a theme explored by the company in its whitepaper titled: ‘Mind the Gap – are your systems the full ticket?’
“Gaps between systems give rise to cost and accuracy issues,” says Ian Roper, divisional director for Supply Chain Solutions at Access Group, “With best of breed systems that are integrated, interconnected, work from common datasets and provide reports, managers can keep track of events across their manufacturing and supply chain operations. Furthermore they can readily model the impact of possible future changes.”