BI could boost revenue

The median Fortune 1 000 company could increase its revenue by $2.01 billion a year just by marginally improving the usability of the data already at its disposal, according to a study released by Sybase, states e-crm.com.

"Measuring the business impacts of effective data", collected data from 150 Fortune 1000 across a wide range of industries. Sybase was acquired by business intelligence (BI) and CRM giant SAP in July.

According to its findings, even the most incremental investments in improving the versatility of data has a dramatic effect on employee productivity, return on equity, return on invested capital and return on assets.

A new survey out by Deloitte Consulting found about one-third of technology executives and business decision-makers say their organisations don't have business analytics capabilities at all or they don't know whether their organisations utilise the capabilities they do have, says Channel Insider.

John Lucker, leader of Deloitte's advanced analytics and modelling, says with such a breadth and depth of information at the ready these days, and the technological means available to synthesise the data so mature at this point, it's a wonder that such a large chunk of organisations still lag.

Approximately 52% surveyed organisations said their top challenges in managing data and extracting business intelligence from analysis were due to departmentally soiled information and limited cross-functional interaction.

The Olliance Group announced the 3rd Annual Open Source Think Tank co-hosted by Olliance Group and DLA Piper, reveals Bradenton.

The panel discussion brings together the three major open source BI vendors; Actuate, Jaspersoft and Pentaho for the first time. The Paris Open Source Think Tank will be held on 27 and 28 September in France,

“We are extremely pleased to be able to host this first-of-its-kind industry panel with the three main vendors together. The companies realise there is a common message they share, that open source is the dynamic shaping the future of technology,” said Andrew Aitken, managing partner of Olliance.