Strafford Technology, Inc.

Business Intelligence Blog

Current Articles | RSS Feed RSS Feed

Why Finance is now driving the BI revolution

Submit to Digg digg it | Submit to Reddit reddit | Add to delicious delicious | Submit to StumbleUpon StumbleUpon 

With recent consolidation in the BI and BPM space, one sees how Finance drove the final stages of the BI revolution.

On the customer side, BI evolved into BPM as as the need for consolidated financial data in reporting/analytics grew. At the same time, "Tomorrow's news ... Today" (also know as the forecasting or planning process) became critical to most organizations. Why report on tomorrow, when you can get a glimpse of the future?

On the vendor side, the bigger software players (Oracle, SAP, etc.) were able to flex their market capitalization muscles and acquire significant product lines to complement their software suites.

In the end, while customer choices have narrowed for most folks (and prices will increase), the benefits of an integrated solution will provide significant long-term benefit to many.

Posted by Scott Crow on Fri, Jan 25, 2008

COMMENTS

Currently, there are no comments. Be the first to post one!
Post Comment
Name
 *
Email
 *
Website (optional)
Comment
 *

Allowed tags: <a> link, <b> bold, <i> italics

Receive email when someone replies.

Subscribe by Email

Your email:

Navigator

Navigate By : 
[Article Index]