Using data effectively is an economic imperative to controlling costs, efficient operations and exploiting revenue opportunities. But many businesses seeking insight and faster decision-making are hamstrung by the time, cost or complexity of their business intelligence (BI) solutions. Big-ticket BI investments are being deferred, and organizations must find alternative ways to meet expanding reporting and analytics requirements, which are less expensive, quicker to deploy, and also leverage existing investments in analytics and reporting.
In this paper, you’ll learn about such an alternative – Report Analytics. The solution combines disparate data in existing reports from multiple sources into dynamic analytic reports. Report Analytics enables users to easily access, extract and incorporate information from document already published inside or outside the enterprise.
The paper describes the short-term and longer-term impacts on costs in CIO and CFO decisions around spending for BI solutions as well as the economics of Report Analytics. It also discusses the self-service aspects of BI solutions.
The paper concludes with a discussion of the gaps in BI solutions and the five most important BI features.