For small and midsize companies with BI: Reporting captivate Still Vital, disability, Multiple Data Sources Power Access, LogiXML survey suggests
Mclean, Virginia (NYSE) 6 October 2011
While dashboards and reporting on critical elements driving adoption of BI in the small and medium enterprises (SMEs), most SMEs are still not all the data they need access to, or have an easy way, it to understand in order to make better business decisions, according to a recent survey by LogiXML, the pioneer of Web-based BI software.
LogiXML asked 605 professionals to small and medium sized companies from various industries about their experiences BI, found Dashboard and Reporting (43 percent), basic operational metrics and KPIs (26 percent) and predictive analytics (30 percent) of Top Business intelligence and analytics are needed. For areas where companies would have supported such a better data visualization, all respondents mentioned sales as one of their top two priorities. Businesses with 1-50 employees indicated sales lead generation company 51-500 + selected financial stocks: The second most important business area by business size differently.
The three major obstacles that prevent small and medium businesses, a better insight and better decision making from their data access to multiple, different data sources (70 percent), the creation of data models and formulas to data (59 analyze percent) and present (visualization) results in an understandable manner (57 percent).
“Our survey data seems in line with several existing BI and Analytics shows trends in the SMB space, most companies still need dashboards and reporting in the first place. The poll also that the companies are still fighting for all data they need access, and that most business users are by BI, which provides IT data bound to them, “said Ken Chow, CMO, LogiXML. “These challenges are typical of many companies still adhering to traditional BI approaches with complex platforms that require significant IT involvement -. The intuition of a market segment in which agile BI and self-service functions are essential”
to consider
To prepare and analyze intelligence data, a combined 51 percent of respondents said that IT units of the data and is responsible for all or part of the reporting and analysis requirements of businesses. Alternatively stated, 34 percent of that business unit combines the data and creates all the reports and analysis. The availability of IT resources of the company’s size vary, 57 percent of companies with 1 -50 employees cited that they did not have enough IT staff – either with or without the right skills – to support their BI needs. Thirty-one percent of companies with 51 to 500 employees showed that they lack IT resources with the right skills had supported their BI needs. Those with 500 + employees and have divided between not having the right resources and skills – 27 percent versus 26 percent, respectively
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Mobile BI remained top-of-mind when implementing rates are lagging behind consciousness appeared. When asked what percentage of their business users need mobile BI BI access over the next 12 – 18 months was less than 25 percent of the overwhelming response, while 25-50 percent was the second most frequently cited answer. Proportionately, showed a cross-section of data that smaller firms (fewer than 50 employees) cited that more than 50 percent of their business users to access BI, to put it on her phone.
needIn terms of social and collaborative capabilities in BI similar to Facebook or Linkedin, think 32 percent of all respondents said they “somewhat important” to the data analysis. However, these same skills as “important” or “very important” to the data analysis of companies with 1 -. 50 employees
LogiXML conducted this survey from August 1 to August 22, 2011.
LogiXML recently completed its tenth consecutive quarter of growth. Through the first half of 2011 grew the company’s sales by 122 percent over the same period in 2010. Earlier this year, LogiXML was the first time in the 2011 Gartner Magic Quadrant for Business Intelligence Platforms, where its products are positioned under the highest rank of the product for ease of use, functionality, support, product quality, performance and customer satisfaction.
For more information about LogiXML, please visit http://www.logixml.com.
About LogiXML
Founded in 2000, LogiXML was the first to market with next-generation, Web-based business intelligence software. LogiXML allows companies to their efficiency to maximize through rapid deployment of interactive data visualization, dashboards and reports to employees, customers and partners – if they need it, how they want it, all at a fraction of the cost of other methods
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