OBIEE Customer Enablement Series Part 1 – Challenges Hosted by Ralf Schmidt – Evergreen Data Systems Speaker - Robert Kenny Joseph – Step Ahead Solutions, Inc.
What are we going to talk about? <ul><li>Key challenges in the down economy </li></ul><ul><li>What the market and industry pundits say </li></ul><ul><li>BI technology of choice for competitive advantage </li></ul><ul><li>Creative insight into BI </li></ul>
Key Challenges today <ul><li>How to conserve cash and run businesses profitably? </li></ul><ul><li>Reduce operating cost and increase efficiency </li></ul><ul><li>Maximize customer value </li></ul><ul><li>Manage performance and risks </li></ul><ul><li>Optimize workforce performance </li></ul><ul><li>Environment is a key policy and an increasing strategy priority. Going green is no longer an option today. </li></ul>Key Challenges
Reality: Problems with BI <ul><li>Lack of BI Strategy + Performance Management Strategy = No REAL VALUE BI </li></ul><ul><li>Gartner’s surveys consistently show that Business Intelligence is a </li></ul><ul><li>top 3 priority for CIOs and Senior Executives. Yet after years of investment and implementation, BI has failed to become pervasive among business users: Gartner estimates that no more than 20% of business users actually use BI proactively. This means that BI is not being widely used to manage performance. </li></ul><ul><li>So, what is the problem and why aren’t organizations doing better with BI? Gartner sees organizations facing challenges in several areas: </li></ul>Market opinions and predictions Source: Gartner
Key Challenges <ul><li>Five root causes for the discrepancy between BI prioritization and actual value </li></ul><ul><li>A lack of coordination between IT and the business </li></ul><ul><li>A lack of connection between BI tools and corporate strategy </li></ul><ul><li>A lack of connection between BI and business processes </li></ul><ul><li>A lack of BI governance or, in some cases, too much governance </li></ul><ul><li>A lack of skills in business users </li></ul>Market opinions and predictions Source: Gartner
Creative Insight into BI Future Oriented Operational Static Strategic Dynamic Past Oriented Source: Oracle BI Evolution Ad-Hoc Query & Reporting Standardized Reporting Advanced Analytics Modeling
Typical BI Experience of an Organization Setting the Perspectives Right ! Creative Insight into BI
BI Life Cycle <ul><li>BI is not one time activity but a continuous one </li></ul><ul><li>It is not a project but a movement within the organization for excellence and competitive edge </li></ul><ul><li>Create focus groups with master data management initiatives for Single Version of Truth </li></ul><ul><li>Operate, manage, monitor usage and measure impact of BI applications and data warehousing </li></ul><ul><li>Continue working with the business to ensure that information is leveraged to provide insights that positively impact the ability to achieve efficiency, performance and financial benefit. </li></ul>Creative Insight into BI
Putting it all together Creative Insight into BI The Need for BI BI – to be more competitive and profitable BI – choose the right technology and product BI – determine the lowest TCO and highest ROI; how it can truly be achieved? BI – have a clear understanding of what is perception and what is real? BI – engage with the experts BI – validate the true value of BI and user acceptance.
The complexity of BI How BI is implemented today? Creative Insight into BI Source: Oracle
Q & A Creative Insight into BI Evergreen Data Systems, Inc. 3350 Scott Blvd., Building 36B Santa Clara, CA 95054 Phone: 800.248.2898/408.557.9800 Fax: 408.557.9811 Ralf Schmidt email@example.com Step Ahead Solutions, Inc. 3333 Bowers Ave., Suite 130 Santa Clara, CA 95054 Phone: 408.200.0965/408.771.9663 Fax: 408.996.1289 Robert K Joseph [email_address] Contacts