Chicago - Companies want clean, accurate enterprise data to enhance analytics capabilities, say business and IT professionals in a recent survey conducted by Chicago-based data warehousing consultant Knightsbridge Solutions. More than 2,000 respondents among all levels of business and IT functions and industries completed the survey, entitled the "2005 BI Peer Review," this past spring.
The most relevant information-centric issues in the 2005 workplace, according to the survey results, are actionable and/or operational business intelligence. Data quality followed as the next most relevant issue. The high priority placed on these two issues underscores the information management challenges all large organizations face--too much data, inefficient access, and data consistency and quality problems, notes the report.
The report cites Blue Cross and Blue Shield of Kansas City as having nearly completed its seven-phase enterprise data warehouse initiative, designed to help it compete more effectively in its market. The company implemented this system to provide one-stop access to critical data and support enterprise analytics. The project has facilitated a complete organization transformation resulting in total integration of business and IT, now aligned together under one organizational umbrella.
Survey results also indicate that the collaboration between respondent companies' business and IT departments is improving. Seventy-seven percent of those surveyed rated the relationship between the business and IT functions as somewhat or very collaborative. Only five percent described the relationship as not collaborative at all.
Source: BUSINESS WIRE
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