If IT professionals want to see their data warehousing and business intelligence initiatives continue, they must form proactive plans that involve the business side of the enterprise and senior management. They must also look to give senior management a report on return on investment not annually, but once every three to six months, John Ladley, CEO of Chicago-based Knowledge InterSpace told session attendees November 5 at TDWI World Conference Fall 2001 in Orlando, FL. "Your plans have to be focused on business and include a return on investment."
Going forward, Ladley says a corporate data management strategy needs to address traditional data warehouse applications such as information, measures and processes, as well as "new age" concepts, including collaboration, portals and work flow. "Companies need to develop relevant business models based on advanced business intelligence," Ladley says.
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