Business Intelligence: Too Important to Trust to Spreadsheets

Business Intelligence: Too Important to Trust to Spreadsheets

RELEASE DATE
15-Jun-2018
REGION
North America
Research Code: 9B0F-00-5B-00-00
SKU: IT03705-NA-SF_22093
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Description

Spreadsheets are ubiquitous and largely a default tool for data analysis; yet, they are also a trap and one which will increasingly limit the ability of companies to compete effectively. Yes, they provide a useful way to visualize data, but their limitations, especially in an age of big data, can seriously compromise a company’s ability to extract meaning from large, dynamic data sets.

There is a solution to dueling spreadsheets, however. That is to evolve beyond spreadsheets to business intelligence (BI) applications.

The stumbling blocks to BI adoption have been both structural and perceptual. BI is perceived to be complex to install and use, and it has also been perceived as very costly. In part, this is due to the need for clean data, which can be expensive to create; but it is also true that expensive organizational licensing can drive up both the implementation and carrying costs of BI applications. Now, though, BI vendors are addressing the fear of BI cost with new pricing schemes that enable even small organizations to consider deploying BI capabilities.

This report examines the barriers to BI adoption, and features the efforts of Tableau, a market leading BI vendor, to address them. It will be of interest to organizations contemplating BI adoption.

Table of Contents

Introduction

Business Intelligence: “You cannot manage what you cannot see!”

Complexity, Price, and Vendor Awareness Driving BI Adoption

Driving to a Model that Works for Every Company

Tableau: Ubiquitous and Increasingly Affordable

Stratecast - The Last Word

About Stratecast

About Frost & Sullivan

Related Research
Spreadsheets are ubiquitous and largely a default tool for data analysis; yet, they are also a trap and one which will increasingly limit the ability of companies to compete effectively. Yes, they provide a useful way to visualize data, but their limitations, especially in an age of big data, can seriously compromise a company’s ability to extract meaning from large, dynamic data sets. There is a solution to dueling spreadsheets, however. That is to evolve beyond spreadsheets to business intelligence (BI) applications. The stumbling blocks to BI adoption have been both structural and perceptual. BI is perceived to be complex to install and use, and it has also been perceived as very costly. In part, this is due to the need for clean data, which can be expensive to create; but it is also true that expensive organizational licensing can drive up both the implementation and carrying costs of BI applications. Now, though, BI vendors are addressing the fear of BI cost with new pricing schemes that enable even small organizations to consider deploying BI capabilities. This report examines the barriers to BI adoption, and features the efforts of Tableau, a market leading BI vendor, to address them. It will be of interest to organizations contemplating BI adoption.
More Information
No Index No
Podcast No
Author Michael Jude
Industries Information Technology
WIP Number 9B0F-00-5B-00-00
Is Prebook No
GPS Codes 9455,9842,9A37-C1,D562