Myths and Misconceptions of Technology

As we all know, most of the household concepts in IT are very much talked about and very little understood and the marketing hacks seize the opportunity to promise everything to everybody and the big players are poaching for innovation among specialized vendors, mostly in a rush to fill their game pockets faster than the competition before actually asserting the benefits of the acquisition for themselves or their customers.

In today’s enterprise there is a lot of messy data, duplicate or plain wrong information scattered around in ERPs, custom applications and user-generated spreadsheets across all departments. The resulting silo effect is worsened by quick changes across the board and even timely and accurate information soon becomes a rare luxury item. Worse still, most BI tools are far from intelligent in the sense of smart like this article (in German) of revised profit expectations of ERP (and BI) vendor SAP illustrates.

What is the problem?

The problem of most current BI tools is that they are limited to aggregate data in a warehouse-like manner without being able to show proper connections and run current analytics because of limited metrics. The result is usually incomplete information that is delivered too late and therefore provides no reliable input for real-time decision-making.

BI: Downward Bound