Butler: BI needs overhaul
The era in which the isolated use of multiple business intelligence (BI) tools can be relied upon to support enterprise decision-making is outdated, inefficient and must come to a close, says the Butler Group, an European IT research organisation.
The Supply & Demand Chain Executive says the Butler Group`s recommendation follows an investigation into how BI technology is being approached and deployed in the enterprise.
The research report on extending and standardising the use of BI reveals that most BI deployments were brought in to deal with departmental data control and management issues. As a result, the Butler Group says the technology`s ability to support enterprise intelligence requirements is being severely constrained.
US university offers BI minor
Saint Joseph`s University in Philadelphia has begun offering BI courses to meet the growing demand for graduates who can interpret the increasing volumes of data collected by companies to identify trends and help make decisions.
The Philadelphia Business Journal says St Joseph`s has begun offering study programmes that include coursework in databases, statistics, data mining and computer modelling to enable graduates to collect, sort, and analyse consumer spending habits.
According to the Philadelphia Knowledge Management Group, this new approach makes sense and there are practical advantages to combining a BI minor with a major in another discipline such as pharmaceuticals or finance.
Oracle releases BI software
Oracle has released a new line of BI applications that will compete with products from Microsoft and vendors such as Cognos and Business Objects, reports Mercury News.
Oracle president Charles Phillips says BI represents a new leg to the company`s business, alongside databases, middleware, and business management applications.
Oracle will immediately begin selling three versions of its new product: Standard Edition One, for medium-sized businesses; Standard Edition, for companies running Oracle software; and Enterprise Edition, for large customers with more complex systems.
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