In our definition, information management encompasses the acquisition, organization, dissemination and use of information by organizations to create and enhance business value. Effective information management ensures optimal access, relevance, timeliness, quality and security of this data with the aim to improve organizational performance. This goal is not easily met, especially as organizations acquire ever more data at an ever faster pace. In our business analytics benchmark research of more than 2,600 organizations, almost half (45%) have to integrate six or more types of data in their analyses. More than two-thirds reported that they spend more time preparing data than analyzing it. To assist in dealing with these sorts of issues and others, we’ve laid out an ambitious information management research agenda for 2012.
Topics: Analytics, Business Analytics, Business Intelligence, Cloud Computing, Complex Event Processing, Data Governance, Data Integration, Data Quality, Information Applications, Information Life Cycle Management, Information Management, Master Data Management, Operational Intelligence, Social Media, IT Performance Management (ITPM)
The information management (IM) technology market is undergoing a revolution similar to the one in the business intelligence (BI) market. We define information management as the acquisition, organization, control and use of information to create and enhance business value. It is a necessary ingredient of successful BI implementations, and while some vendors such as IBM, Information Builders, Pentaho and SAP are in addition integrating their BI and IM offerings, each discipline involves different aspects of the use of information and will require it sometimes integrated and sometimes separate.
Topics: Analytics, Business Analytics, Business Collaboration, Business Intelligence, Business Technology, Complex Event Processing, Data Governance, Data Integration, Data Quality, Information Management, Information Technology, Operational Intelligence, Social Media, CIO, IT Performance Management (ITPM)
SAP has launched its Enterprise Information Management (EIM) 4.0 release as part of its “Run Better Tour.” It includes a broad range of information management components spanning data integration, data quality, data profiling, metadata management and more. The launch was done in conjunction with SAP Business Intelligence (BI) 4.0, which got much bigger billing at the event –to the point where one might call this a stealth marketing campaign. However, the event did identify three themes intended to highlight EIM capabilities: event insight, trusted data and text processing. The goal here was to communicate the integration SAP has achieved within and between its BI and EIM products. IBM announced a similar advance with its InfoSphere products and Informatica has also invested heavily in integrating its information management products. Our Information Management benchmark research validates this approach, finding that incompatible tools create a significant obstacle to organizations’ quest for consistent sets of data.
Topics: Analytics, Business Analytics, Business Intelligence, Business Technology, Complex Event Processing, Data Governance, Data Integration, Data Quality, Information Management, Information Technology, Operational Intelligence, SAP, Social Media, CIO, IT Performance Management (ITPM)
Interest in and development of in-memory technologies have increased over the last few years, driven in part by widespread availability of affordable 64-bit hardware and operating systems and the performance advantages in-memory operations provide over disk-based operations. Some software vendors, such as SAP with its High-Performance Analytic Appliance (HANA) project has been advancing with momentum, have even suggested that we can put our entire analytic systems in memory.
Topics: Analytics, Business Analytics, Business Intelligence, Complex Event Processing, Database, Enterprise Data Strategy, In-Memory Computing, Information Management, Information Technology, CIO, IT Performance Management (ITPM)