Gartner states that “by 2015, organisations integrating high-value, diverse, new information types and sources in a coherent information management infrastructure will outperform their industry peers financially by more than 20%.”*
But to get the full value of your corporate data, you must consider:
- Limitations of your current architectures: Legacy systems such as SMP do not scale well, and large data volumes and requests expose their lack of computing power—resulting in poor performance and unsatisfied business users.
- Costs: The need to innovate, acquisition costs, and the requirements of a modern data warehouse (e.g., the ability to cost effectively scale when necessary) can come with a prohibitively high price tag—as well as a significant learning curve and long retraining and integration efforts.
- Business intelligence (BI): Different types of workers use different BI and analytics tools. To enable all workers to gain the insights they need to do their jobs, you need a data warehouse solution with built-in, familiar, easy-to-use BI and analytics versus adding on complex third-party tools.