Success factors of Business Intelligence

Business Intelligence (BI) has proven to be a competitive advantage for organizations, allowing them to better measure, manage, and optimize their operations. It has provided the means to improve data-driven decision making and to harmonize an organization´s strategy with its everyday operations. The early success of BI arose in providing a semantic-level access to heterogeneous data sources beyond organizations´ information technology departments. Retrospective and predictive analytical components have since increased the value of BI to the organizations. In this talk, we will discuss success factors and influences for BI that have arisen by making information available across an organization and will open a discussion on some of the near-term and long-term BI challenges.