Search
 

Drowning in Info GlutWith the right tools, tactics, and people, you neednt go under.BY MAREK JAKUBIK

Is business intelligence still possible? Silly question. Of course, it is. Just keep the computer people away. My friend Hugh, who is a senior partner ...

By Marek Jakubik | Updated on October 31, 2003

Is business intelligence still possible? Silly question. Of course, it is. Just keep the computer people away. My friend Hugh, who is a senior partner at an actuarial consulting firm, was making a blunt, but funny, joke. Or was he?Trying to find a common definition for business intelligence is a challenging task. What I have seen is wide ranging, confusing, and inaccurate. While reviewing the trade journals, I found that some definitions of business intelligence begin with: Business intelligence (BI) is a software solution that

Lets stop. Right here. We have our first problem outlined.Business intelligence certainly is not a software solution nor any other inanimate process or thing. Business intelligence first and foremost involves people. Moreover, it involves people making decisions. It is manifested best when people seeking solutions have their moments of aha. The role of business intelligence is to help them to get to those moments.Simple? A lot of empirical evidence tells us it is not. Two contributing factors stand out above all others:Overreliance on technology, andThe information glut.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.