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: Data Quality, Master Data Management, Social Media, Analytics, Business Analytics, Business Intelligence, Cloud Computing, Complex Event Processing, Data Governance, Data Integration, Information Applications, Information Life Cycle Management, Information Management, Operational Intelligence, IT Performance Management (ITPM)
Talend recently announced version 5 of its information management platform, which emphasizes unifying its various components. Through a combination of development activities, acquisitions and partnerships, Talend has been steadily building its portfolio of information management capabilities. In addition to its core data integration capabilities, it has added data quality, master data management, application integration and with this release business process management (BPM).
Topics: Big Data, Data Quality, Master Data Management, Talend, Business Analytics, Cloud Computing, Data Governance, Data Integration, Governance, Risk & Compliance (GRC), Information Applications, Information Management, Strata+Hadoop
Kalido recently introduced version 9 of its Information Engine product. The company has been around for 10 years but has had difficulty establishing its identity in the information management market. Kalido was perhaps ahead of its time, partly a vendor of data integration, partly master data management and partly data governance. As an example of the positioning challenge, its core product, Information Engine, while not a data integration tool, could in some cases provide sufficient capabilities to meet an organization’s data integration needs. Its real value, however, comes from authoring and management of information about the user’s data warehouse.
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: Data Quality, Social Media, Analytics, Business Analytics, Business Collaboration, Business Intelligence, Business Technology, CIO, Complex Event Processing, Data Governance, Data Integration, Information Management, Information Technology, Operational Intelligence, 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: Data Quality, SAP, Social Media, Analytics, Business Analytics, Business Intelligence, Business Technology, CIO, Complex Event Processing, Data Governance, Data Integration, Information Management, Information Technology, Operational Intelligence, IT Performance Management (ITPM)