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Many companies want to deploy operational business intelligence—BI software to help employees make more informed decisions on a day-to-day basis; early operational BI successes explains why.  Be first to comment this article
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Data silos aren't just artifacts from the past, says blogger Carl Weinschenk, they're barriers to the ongoing success of the business. Be first to comment this article |
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CIOZone Insider: Salesforce.com to build first offshore data center; Mervyns to launch e-commerce site, Longs Drugs and CVS partner with Google Health; more
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Technology alone is rarely the key to unlocking economic value: companies create real wealth when they combine technology with new ways of doing business. Here are eight technology-enabled trends— that fall within three broad areas of business activity: managing relationships, managing capital and assets, and leveraging information in new ways—that McKinsey consultants say will help shape businesses and the economy in the coming years.
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CIOs rank business intelligence among their most critical technologies. And for good reason. Business intelligence software collects and analyzes a variety of business data, such as customer transactions, so that users can make more informed business decisions. Here, the CIOZone profiles three business intelligence vendors CIOs need to watch: Business Objects, Cognos, and Information Builders.
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Restaurant operator Brinker is tapping its warehouse of information to improve the eating-out experience at its chains. Other industries are also learning how to serve up data in new ways to foster innovation.
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Advances in information technologies, such as business intelligence, will radically alter the insurance industry over the next five to 10 years. The direct result: Companies that seize the opportunity to innovate first will have a distinct advantage and not only survive a predicted upheaval but establish market leadership.
PLUS:
The Digital Chauffeur: Real World Principles of Innovation for the Insurance Industry
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The Digital Chauffeur: Real World Principles of Innovation for the Insurance Industry
The following is an excerpt from a report by TowerGroup Insurance Research Director David West.
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