Getting The Most Out Of BI In A Tough Economy

Linked from Intelligent Enterprise

By Antone Gonsalves

The economic recession will force many organization to cut IT costs, but the one area where belt tightening can lead to better efficiency is in business intelligence.

The value of BI becomes more apparent in tough economic climates, when smart information and knowledge management professionals use the technology as a corporate asset to continue to survive, compete and thrive, according to a recent report by Forrester Research.

So rather than across the board cuts, Forrester recommends a more targeted approach of BI consolidation and optimization, as well as an evaluation to see if lower-cost technology alternatives will do. “These approaches can enable you to do more with less, leading to a win-win scenario that contribute to both your top and bottom lines,” said the report, entitled “BI Belt Tightening In A Tough Economic Climate” and written by analyst Boris Evelson.

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