Taming Information Chaos

With worldwide spending on packaged software growing to $230 billion in 2006, and business analytics software growing at better than 10% worldwide, there's never been a more appropriate time for the insightful information in this white paper. We encourage you to put the vital findings in this report to work immediately optimizing your organizational BI.

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IDC currently employs over 900 analysts in more than 90 countries and has become the premier global provider of market intelligence, advisory services and events for the information technology, telecommunications and consumer technology markets. Teradata asked IDC to survey large organizations around the world and create an overview of organizational use of business analytics for decision making support. More than 1,000 responses were received from companies in 22 countries, and the findings revealed some surprising facts about emerging BI trends:

• Information is growing at breakneck speed in most organizations and overload from this information is real.
• There is a noticeable gap in management support for business analytics between the average organization and market leaders.
• An estimated 95% of all digital information is unstructured but pattern-matching algorithms and other advanced data access tools provide new hope.

Information is now the blood of corporate life. Putting the right data into the hands of the right employees at the right time produces sound decisions and helps you cultivate customer relations. This report reveals how industry leaders worldwide are successfully leveraging vital Business Intelligence (BI) by utilizing the right combination of business analytics software.