When it comes to rating how successfully companies are at installing their business intelligence initiatives, many information technology managers aren’t really happy with the results. A recent informal poll of 381 data warehousing and IT professionals by DM Review Interactive reveals that only 22 percent of all respondents have implemented a successful business intelligence platform so far.
Of the IT workers participating in the poll, 24 percent stated that their BI project “needs improvement” and 18 percent termed their effort a “failure.” First Analysis Securities Corp., a Chicago investment banking firm, is bullish on the market for business intelligence applications. The firm projects that spending on BI tools could reach $11.3 billion annually by 2003 as more companies buy software to analyze data collected by their on-line transaction processing and e-business systems.
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