Leveraging Information and Intelligence

David Linthicum

BI continues to be a priority, but falling down the list

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Bob Evans over at Information Week created and discussed a list entitled "Global CIO: The Top 10 CIO Issues For 2010."   Which, BI was number 5 out of ten.   As I recall, that's falling a bit.    

 

"Your organization is probably awash in data--mountains of it, probably--but is there a corresponding volume of insightful information? And out of all that insight, are you able to gain advantage through foresight? Can you see around the corners and over the horizon? Or do you just arrive there and hope that what you've got matches what's needed in those unseen precincts? Business analytics and in particular predictive analytics will become enormously important in 2010, and CIOs who seize the initiative in turning insights into actionable foresights will have a huge advantage."

 

Right on.   The trouble is that most CIOs are more bogged down with the daily activities of running an IT shop that the concepts of BI really never come into the discussion, and the benefits are thus not known.       Moreover, BI is officially considered "old technology," where this like cloud computing are the sexy topic of the day.   So, what's a CIO to do?

 

First, there should be some prioritization within the ranks.   While Bob provides us with a nice list of things to consider, the things you actually fund within your IT shop should match up with your business requirements.  Call me crazy. ;-)     In many cases, BI is much more important than the other items listed.   Keep in mind you can't pick all 10, you may be able to do 2 or 3 in 2010, depending on your resources.  

 

Second, make sure to fund these efforts accordingly.    BI is expensive.   The consultants cost an arm and a leg, the technology is not cheap, and if there is not enough cash to lubricate the path to success, it's not going to happen.   You can't do BI on the cheap.

 

Finally, create metrics to monitor the results and the resulting benefits to the business.   Make sure you take time to pat yourself on the back, and thus find more money to improve your IT assets.

Industry expert Dave Linthicum tells you what you need to know about building efficiency into the information management infrastructure

David Linthicum

David Linthicum is the CTO of Blue Mountain Labs, and an internationally known distributed computing and application integration expert. View more

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