After BI: What’s the Future Intelligence?
Journal Title: International Journal of Research in Computer and Communication Technology - Year 2012, Vol 1, Issue 4
Abstract
Traditional Business Intelligence (BI) approaches have fallen short in delivering the expected value and return on investment. High costs, lengthy implementations and increasing complexity have led to frustration and disappointment for many enterprises. However, a new generation of BI tools is emerging. Data discovery tools promise to overcome many of the disadvantages of traditional BI tools, delivering more flexibility, ease of use and productivity at a fraction of the cost and time. During the last ten years the approach to business management has deeply changed, and companies have understood the importance of enforcing achievement of the goals defined by their strategy through metrics-driven management. The DW process, though supporting bottom-up extraction of information from data, fails in top-down enforcing the company strategy. A new approach to BI, called Business Performance Management (BPM), is emerging from this framework: it includes DW but it also requires a reactive component capable of monitoring the time-critical operational processes to allow tactical and operational decision-makers to tune their actions according to the company strategy. The aim of this paper is to encourage the research community to acknowledge the coming of a second era in BI, to propose a general architecture for BPM, and to lay the premises for investigating the most challenging of the related issues.
Authors and Affiliations
Prasanna Kumar Lakineni, D. Karun Kumar Reddy, Ch. Nagabhushana Rao
Keywords
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