3 Business Intelligence Trends and How They Impact Your Organization

At our recent Dimensional Insight Users Conference (DIUC17), industry analyst Howard Dresner, who coined the term “business intelligence” back in 1989, joined our CEO Fred Powers on stage to talk about some of the trends in business intelligence today. The timing was serendipitous, as Howard had recently released the results of Dresner Advisory Services’ 2017 Wisdom of Crowds Business Intelligence Market Study.

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BI trends that Fred and Howard discussed at the conference: (more…)

Key Takeaways from DIUC17

Many of our “Divers” descended on Boston recently for our annual Dimensional Insight Users Conference (DIUC17). The four-day event featured a keynote by our CEO, Fred Powers, a technology update and future preview from our lab, 4 training sessions, 8 customer presentations, 27 breakout sessions, a product showcase, and an evening cruise around Boston Harbor.

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I’d like to extend a huge thank you to our customers and partners who traveled near and far to attend the conference, as well as our employees who spent countless hours putting together the agenda and ensuring that the conference ran smoothly. For those of you who weren’t able to attend DIUC17 (or if you did attend and just want a recap of events!), here are a few takeaways from the event and where we’ll be focusing our time over the coming months. (more…)

Takeaways from the Gartner Data & Analytics Summit

Earlier this month, I attended the Gartner Data & Analytics Summit in Dallas, Texas. The show featured more than 100 presentations in a variety of strategy, governance, and analytics topics over the course of 4.5 days.

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It is always interesting to get a pulse on where the business intelligence and analytics industry is headed and to see which topics resonate most with BI users. Here I’ll outline a few things that Gartner focused on during the event and what analytics users and organizations need to think about moving forward. (more…)

6 Data Governance Challenges in Healthcare

data governance challengesAn effective data governance strategy helps healthcare organizations manage, use, and protect the data in their IT environments. It also helps to create a culture of data-driven decision-making by putting reliable information in the hands of information consumers in a timely manner.

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However, there are a host of challenges when it comes to data governance. In this blog post, we’ll take a look at 6 of these challenges, and show you where you can learn best practices as you proceed with your data governance initiative. (more…)

3 Takeaways from the Gartner BI Summit

gartner bi summitLast week, I attended the Gartner BI Summit in Dallas. The Gartner BI Summit is one of the largest business intelligence conferences, and there was no shortage of sessions and new ideas. According to Gartner analysts Rita Sallam and Frank Buytendijk in their keynote, analytics is still the #1 technology investment area in 2016, and there are lots of exciting things happening in the industry.

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I have pages full of stats and trends that I jotted down – here I boiled it down to 3 main takeaways from the show. (more…)

How Do High Self-Service Organizations Perform vs. Others?

Many organizations are pushing for greater self-service analytics. Why? Because quite simply, high self-service organizations achieve better outcomes as opposed to all others. The ultimate goal of self-service analytics is to expand and develop a more active user base that can produce better decision making and broadcast insight across all departments by creating a single source of truth.

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Aberdeen surveyed the self-service landscape and discovered some interesting findings. If you are considering implementing self-service analytics, here are some important facts you need to know. (more…)

3 Steps on the Path to Performance Improvement with Analytics

In our last blog post, we talked about the importance of collaboration between IT and business leaders when it comes to analytics, and 5 fast facts about how a unified approach to analytics helps improve the business.

Those companies that are defined as “Best-in-Class” in new research by Aberdeen are those that excel in 3 critical areas:

  • Data relevance & availability: They are able to draw out the most critical information to make decisions and make it accessible to business users.
  • Portability of information: They are able to share information across business functions to drive analytics success.
  • Self-sufficiency of business users: Business users can engage with self-service analytics without deep technical expertise.

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5 Fast Facts about the Value of Analytical Collaboration

I was a big fan of “The Office” when it was on prime-time, mainly because it nailed the dysfunction that’s a part of so many businesses today. One of my favorite scenes was in the pilot when Dwight opened his desk drawer to find his stapler floating in a Jell-O mold, courtesy of Jim. I mean, come on, at some point in your work career, you’ve encountered someone you’ve always wanted to do that to, right?

In many organizations, IT and business leaders have a Jim & Dwight type of relationship. Sometimes it’s mild intolerance of each other; other times it’s downright hostility. While this type of relationship makes for great TV comedy, it isn’t healthy, and let’s face it: it makes for bad business.

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Lessons Learned from the Smartest Healthcare Organizations

We talk a lot about the importance of data governance here at Dimensional Insight. So when I read the Aberdeen research paper, “Smarter Healthcare: Analytically Fit, Operationally Efficient,” I was psyched to see actual stats on how important data governance is to hospitals and health systems.

Check out this gem from the report:

Top healthcare organizations are 3 times more likely to use data governance policies.

Whoa – that’s pretty big! If you want to dig a little deeper into the numbers, they show that 68% of top healthcare organizations have established policies in place for governing/controlling end-user data access, while only 24% of low-performing healthcare organizations have them.

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How Healthcare Can Move Away from Being Data Rich, Insight Poor

Healthcare organizations have long struggled with implementing new technologies. No one can blame them: it’s hard to take a highly regulated, complex industry such as healthcare and move the needle forward quickly. No matter how hard they try, all too often, healthcare organizations are mired in age-old processes that are hard to break out of in order to innovate.

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However, with the growth of big data, there are new opportunities to gain insights that will benefit healthcare organizations. Here are just a few of the many ways:

The question is – how are best-in-class organizations breaking out of the mold and accomplishing all this despite the challenging healthcare technology environment? (more…)