Archive for January 2013 | Monthly archive page
Gartner is hosting the Business Intelligence & Information Management (BIIM) Summit. A must attend event for BI/IM folks who are looking into the evolution of BI/IM to provide value to their organistions. What is interesting are topics like “the last mile for BI” and the move to “predictive and prescriptive” data.
Two thoughts come to mind when I look at the details of this conference.For alot of organisations, they are very very far from “the last mile”. Without methodical and data-centric approach to BI, many organisations are stuck in no-man’s land. The chaos of semi-defined masterdata, a plethora of link tables/translation tables, poor definition of transactional and analytical datasets, half-fuel performance at all levels of the BI stack, and probably significantly under-performing BI. Naturally business owners want to get value from their BI/IM investments. Traditionally, this has been considered an important and justifiable cost to the organisation especially for decision making, but its increasingly important to extend that capability into future scenarios. Future scenarios involve the unknown. Unknown datasets, unknown parameters, unknown visualisations, unknown BI/IM capability. These are the topics that I would like to see from this conference.
Anyway, I’ll be attending the conference. Email me if you want to meet.
Conference TracksTrends and Futures Information Innovation Performance Management Social and Big Data Virtual Tracks
Informatica (INFA) issues warning on weakness in Q3 results, reporting guidance of USD189+M, a drop from USD200+M (5% drop). The stock market has further punished the company with stock prices dropping from USD45 to USD 30 (33% drop) over the last 6 months.
Informatica blames the weakness on Europe, but could it be that the value of its core business of “data transfer” is being eroded by open source equivalents like Talend. This is definitely a lower cost alternative for open source oriented European companies.