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Real-Time, Event-Based BI: An Application Perspective

Published by: IDC

Published: Aug. 12, 2004 - 8 Pages


Table of Contents


Table of Contents
IDC Opinion
In This Study
Situation Overview
Figure: Initiatives with Priority Status
Figure: BAM Adoption Stage
Future Outlook
Which Business Processes Will Benefit Most from Event-Based BI?
Operations/Production Analytic Applications
Customer-Related Analytic Applications
Business Performance Management/Financial Analytic Applications
Figure: A Framework for Supporting Sarbanes-Oxley Section 409
Essential Guidance
Learn More
Related Research
Synopsis

Abstract

This IDC study examines the opportunities for extending business intelligence from a batch-based to a scheduled technology. It distinguishes the three major types of applied BI ? operations/production versus customer centric versus financial/business performance management analytic applications. Highlighted are the different requirements for processes in each domain that would require event-based BI support.

"With all the hype around business activity monitoring, one would expect event-based BI to be pervasive. However, market research shows that the adoption of BAM is in an early phase," said Henry Morris, IDC group vice president and general manager, Integration, Development, and Application Strategies. "When the timing of decisions or potential reporting of corporate exposure depends on events, event-based BI is a necessity. When the decision cycle is more extended, event-based BI is a needless and expensive luxury. It all depends on the application."



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