Real-Time Event Driven Business Intelligence
A white paper on trends in business intelligence.
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2004-09-30 10:33 AM
There are several drivers as to why Business Intelligence is needed. These include; to handle the increasing amounts of data from an increasing range of sources. This also includes new technologies such as RFID; the shrinking time between creating data and the need to use the data, the ‘read and respond’ issue; the need to meet legislative requirements such as Sarbanes Oxley; and finally the simple need when sharing resources between collaboration partners to be able to take advantage of more opportunities, thus being able to ‘optimise’ decisions by using available data in near real time, some times referred to as ‘right time’. BI analytics need to be a part of both existing operational processes through integration with the core enterprise transaction systems, as well as a support for event driven Real Time computing.
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