Wow, I found the statement below, from Magic Quadrant for Business Intelligence and Analytics Platforms, very interesting. I have found that having the best of both worlds; ease of use/availability for business users and the ability to maintain enterprise wide governance has been an issue. It will be interesting to see what products emerge that can provide for both.
The most notable change in this year’s Magic Quadrant is that all the vendors in the
Leaders quadrant have been moved to the left in terms of Completeness of Vision. This
reflects the fact that no one vendor is fully addressing the critical space in the
market for “governed data discovery” — in other words, platforms that address both
business users’ requirements for ease of use and enterprises’ IT-driven requirements.
Interesting article that helps explain the increasing issue with mass reliance on using Data Visualization tools to blend data and define business rules. These tools are great, but not a replacement for proper data management. Data Viz tools empower the end user, one user at a time. Data management should not be defined at the desktop, by individuals, and within mutliple tools. The possiblility for data inconsistencies are increased and there is no longer a clear-cut definition of what the data is that is being reported, it now becomes dependent on the definition created by an individual at that specific moment in time for that specific tool.
All pitfalls mentioned here are pains when working with Excel, but sharing data is one of the biggest pitfalls when using Excel. Determining what version of the truth is accurate can become very frusterating and also very dangerous.
From the Construction Industry Benchmarking Survey we launched last year, where we have asked business’s about how they are using systems and technology in their core business processes, we have found that ALL businesses, no matter their size or discipline who participated in the survey, appear to be extensively using excel within many of their key processes. From developing reports to undertaking forecasting and business planning to the development of tender estimates, it appears Excel has got a tight grip on the Industry. Does this mean that businesses are excelling at what they are doing…. or are they just using Excel? This post will look at why Excel has such a tight grip, what the pitfalls are of being overly reliant on it and then to look at how you might be able to move away from a Excel driven business to make your business more robust, transparent , controllable, effective…
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