01 March 2007

Business Intelligence #1 priority CIOs

Just like 2006, market research firm Gartner cited BI as a top agenda item for CIOs in 2007. For the second year in a row Business Intelligence tools emerged as the number one technology priority in Gartner's annual survey of 1.400 CIO's worldwide. Predicting a 10,5% growth of the business intelligence market in 2007.

"CIOs will need to concentrate on information as a leverage point to enhance efficiency, increase effectiveness and support competitiveness," said Mark McDonald, group vice president and head of research for Gartner EXP. "This also corresponds to the continued importance of business intelligence in 2007. As such, CIOs will continue to be responsible for IT — the mechanism. They can further play a greater role in leveraging information — the understanding that drives performance and innovation."

CIOs can create enterprise leverage when a focused effort produces significant results for the enterprise and its strategy. This means that CIOs need to exploit new approaches to transform the business. One of the sources of enterprise leverage CIOs can draw on is information: Gaining the business insight and understanding required to act in a changing environment. Only 36 percent (!) of CIOs believe that management is using the right information to run the business.

And then what about non-management? The people that run the operational business? Do they have easy access to all the right and up-to-date information? If the knowledge workers within your company are bogged down, hunting and gathering information, then the whole company could be bogged down.

Do you feel poor information management or access is limiting your organization in driving true business effectiveness and innovation? Then drop a line...

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