What’s holding back business intelligence solution adoption?

Posted by: Yellowfin Team

What’s holding back business intelligence solution adoption?

 

A recent survey by InfoWorld was conducted to examine the factors driving — and limiting — the adoption of business Intelligence software.  It found that the main factors holding back the growth of BI is the high cost associated with the purchase and implementation of tools and the lack of an intuitive interface for target users.

“Some 49 percent of respondents said budget constraints limit their ability to roll out BI; another 40 percent worry about the time required to implement a BI project.”  In addition “more than a third said the user Interface of their current BI solution is not appropriate for all potential users.”

Business users are swamped with data that exists in functional silos.  They need simple to use tools that allow them to collaborate with one another to make better business decisions.  Like Microsoft’s Word many BI tools tend to be over engineered, full of features that clients must pay for but that they are very unlikely to use.
“The problem with current vendors is the high cost and technical user focus of their solutions”, says i4 CEO Glen Rabie.  “They have missed the point.  Business intelligence is not about technology per se – it should be about providing business people with tools that remove the barriers to their data, yet existing products do not support this sort of collaboration.

In identifying this gap in the market, i4 have developed their web based Information Collaboration solution, Yellowfin.  “Having decades of experience in this space we witnesses first hand customer frustrations with the tools available, and we decided to act.  Yellowfin meets three simple criteria.  It is:

  1. Easy to Use
  2. Simple to Deploy
  3. Affordable

It is a breakthrough product in the Business Intelligence market.  Sam Sofianos of Corrs Chambers Westgarth agrees, “The deployment of Yellowfin has been an unprecedented success both in terms of rapid implementation and user adoption.  This tool is perfectly aligned with business user needs and our information delivery strategy.”

 

About Yellowfin and i4

i4 Pty Ltd’s Yellowfin Solution is the world leader in Information Collaboration Applications that ensure 100% adoption by users. Yellowfin’s Enterprise Reporting Application Platform is the foundation on which Global organisations and packaged application software vendors develop intuitive, Web portal reporting and analytic applications that empower 100% of users with decision-making information.

Yellowfin delivers the next level of competitive advantage – Information Collaboration – achieved through the strategic application of BI on an enterprise scale. Our integrated solution helps customers drive performance through collaboration, dashboards; and understanding performance through business intelligence.

Founded in 2000, i4 has headquarters in Melbourne, Australia. For more information, visit Yellowfin at the company’s Web site at www.yellowfin.com.au

 

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