While tossing all spreadsheets wouldn't be practical, it's good advice in the area of planning and budgeting. That's where stand-alone spreadsheets have become the biggest obstacle to making the business process a better management tool, according to Ventana Research.
While tossing all spreadsheets wouldn't be practical, it's good advice in the area of planning and budgeting. That's where stand-alone spreadsheets have become the biggest obstacle to making the business process a better management tool, according to Ventana Research.Replacing spreadsheets with software and using the technology's full capabilities would go a long way toward helping companies plan more effectively, become more efficient and increase performance of individuals and business units, the research firm says. In addition, budget and planning is critical to performance management, so improvements in the former will make the latter possible.
Anyway, get the details from Ventana's latest research on Business Intelligence Pipeline. And since were talking about performance management, it's a good time to mention the results of the latest readers poll.
Fully 58 percent of the respondents said they knew what performance management means, while nearly a third said they didn't know. The remainder didn't care. For the record, the term often refers to business intelligence software that focuses on measuring the performance of businesses based on such factors as sales figures, product movement and operational costs.
The Agile ArchiveWhen it comes to managing data, donít look at backup and archiving systems as burdens and cost centers. A well-designed archive can enhance data protection and restores, ease search and e-discovery efforts, and save money by intelligently moving data from expensive primary storage systems.
2014 Analytics, BI, and Information Management SurveyITís tried for years to simplify data analytics and business intelligence efforts. Have visual analysis tools and Hadoop and NoSQL databases helped? Respondents to our 2014 InformationWeek Analytics, Business Intelligence, and Information Management Survey have a mixed outlook.
InformationWeek Tech Digest, Nov. 10, 2014Just 30% of respondents to our new survey say their companies are very or extremely effective at identifying critical data and analyzing it to make decisions, down from 42% in 2013. What gives?