According to Gartner, 70%-80% of corporate business intelligence projects fail to deliver the insights executives need. This, in turn, leads to uncertainty in the C-suite, as only one-third of CEOs trust the accuracy of their internal analytics according to KPMG. In the new Evolution of Business Intelligence report, Prevedere has partnered with Microsoft and Dr. Barry Keating, professor of economics and business analytics at the University of Notre Dame, to describe the critical turning point currently facing traditional analytics. Read the full report here >>
When business leaders lack confidence in their data, decision-making based on that data becomes problematic, especially when it comes to future planning and forecasting. In today’s fast-paced, technology-driven world where business moves at the speed of data, executives must have accurate and reliable analytics and business intelligence tools.
Top Business Intelligence Mistakes to Avoid
Prevedere recently worked with Microsoft and Dr. Barry Keating, professor of economics and business analytics at the University of Notre Dame, to discuss some of the top business intelligence challenges many executives face and how the merging of technology and data will help business leaders make smarter, faster, forward-looking decisions. Below are some of the top business intelligence mistakes from the resulting report, The Evolution of Business Intelligence:
- Failing to Embrace External Data