Looking back on what were popular stories in 2006 over at SearchDataManagement.com is a good indication for we are heading. These are their their top 10 standouts and trends:
10. Compliance attempts automation.Moving away from Excel in the organization. It’s amazing how much critical corporate information is trapped in the XLS jungle. This is a very good thing.
9. Open source business intelligence (BI) invites interest. Ends up being just as expensive, but it’s just a matter of time until open source BI becomes a solid player.
8. Customer data integration reiterates its role.CRM, BI, DW, ODS and MDM do not take the place of CDI. How many acronyms can YOU pack in one sentence? No wonder it’s tough getting budget dollars for all these project.
7. BI and corporate performance management (CPM) continue to converge. BI won’t be used by the whole organization, but CPM will.
6. Enterprise search finds a foothold. Coined “biggle” for BI and Google. Search technology is the ETL for text analytics and BI vendors are folding it into their products and lines.
5. Data governance is back (and bad) - Managing data is not an easy job and 90% of data governance projects will fail on their first attempt. Reminds me of these lines from Ghostbusters:
Dr. Egon Spengler: There’s something very important I forgot to tell you.
Dr. Peter Venkman: What?
Dr. Egon Spengler: Don’t cross the streams.
Dr. Peter Venkman: Why?
Dr. Egon Spengler: It would be bad.
Dr. Peter Venkman: I’m fuzzy on the whole good/bad thing. What do you mean, “bad”?
Dr. Egon Spengler: Try to imagine all life as you know it stopping instantaneously and every molecule in your body exploding at the speed of light.
Dr Ray Stantz: Total protonic reversal.
Dr. Peter Venkman: Right. That’s bad. Okay. All right. Important safety tip. Thanks, Egon.
…OK, that might only be funny to me.
4. Data integration and ETL evolve. SOA is changing everything.
3. IBM, Microsoft make moves. IBM gets FileNet and Microsoft is making waves with it’s upcoming PerformancePoint Server 2007 for the mid market.
2. Data quality vendors are assimilated. It’s very good that data quality is becoming part of the machinery instead of an add-on.
1. MDM attracts ample attention. It’s got mine.
April 6, 2007 at 1:28 pm |
“Open source business intelligence (BI) invites interest. Ends up being just as expensive, but it’s just a matter of time until open source BI becomes a solid player.”
Is the expense is from implementation, and not licensing costs?
If there is no cost advantage, what will attract businesses? In many implementations, the BI project itself is complex enough, without worrying about coding the engine itself. (This being said, I am very interested in seeing what open source BI tools can bring.)
April 8, 2007 at 8:08 pm |
Good question. Here’s the quote from one of those articles referenced in the top 10 list:
“BI projects often allocate 80% of the budget for licensing and maintenance fees, and 20% for services, Dixon said. An open source BI project typically puts 20% of the funds toward licensing and maintenance, and 80% toward services. The overall budget might be the same, he said, but an open source BI implementation will be better customized to an organization’s needs.”
So the benefit is that the square hole gets a square peg…eventually.