Information
explosion & change are the two factors
and key contributors to the rapid growth
of the business analytics & business
intelligence market in Asia/Pacific
.
Evidence of the competitive value of
business intelligence (BI) and analytics
solutions is growing. BI data warehouse
(DW) tools and analytic applications,
a set of technologies and processes
that IDC refers to as business analytics
are being deployed to support strategic
decision making across all industries
An increasing number of organizations
are making BI functionality more pervasively
available to all decision makers, executives,
staff employees, managers and suppliers.
However, having a pervasively available
BI solution in an organization means
much more than distributing basic reports
to all stakeholders.
Lately, IDC is seeing instances where
BI solutions are being deployed to help
automate the process and manner in which
key operational decisions are being
made. The need for pervasive BI in an
organization becomes readily apparent
as well as the need to move the definition
of "BI" beyond simply disseminating
information to all.
Though BI is gaining mainstream interest,
the legacy of low adoption rates, shelf-ware,
and failed DW projects persist. During
the last 5 years, BI solutions have
improved in performance, availability,
and user interfaces enabling deployment
of decision support and automation functionality
to more users. IDC is also seeing early
signs of a shift towards the vision
of Intelligent Process Automation.
Long term trends suggest that Asia
Pacific is in the first stages of BI
solution adoption. As BI becomes more
pervasive, IDC expects to see new users
spanning the entire organization at
all levels. Furthermore, as the enterprise
gains insight into the new information
revealed by strategic BI adoption, the
spectrum of the strategic and operational
decision making process will become
further automated and integrated.
Yet, many companies and other organizations
remain unclear and unaware of the best
practices in achieving pervasive BI,
leveraging analytics for competitive
advantage. Historical view of BI as
a set of tools for either reporting
or for analysis by a few analysts persists.
Operational BI, real-time analytics,
decision management, active and dynamic
data warehousing, business activity
monitoring, dashboarding are often being
used in an interchangeable manner, further
confusing end users. A large new set
of organizations in Asia/Pacific are
planning or starting to deploy their
first BI systems. Many of these organizations
don’t have the necessary expertise to
succeed in such efforts, while the more
technology savvy organizations are seeking
to maximize existing business analytics/
BI investments. |
