Enterprise analytics priority for IT. (IT News).More than one-third of senior IT executives recently surveyed by Informatica Corporation identified enterprise analytics as their companies' most important IT investment in 2002. Approximately one third cited collaborative commerce as key, while between 10 and 20 per cent pointed to infrastructure and business process optimisation as top priorities for next year. The observations came from participants at Informatica World 2001 in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden last month. The top ten findings from the Informatica customer survey are as follows. * 51% say the economy will improve in the first quarter of 2002 * 45% project an increase in IT spending for thc year 2002 * 62% will tighten security and 52% will increase disaster recovery spending in light of the September 11 attacks September 11 attacks Series of airline hijackings and suicide bombings against U.S. targets perpetrated by 19 militants associated with the Islamic extremist group al-Qaeda. * Nearly 40% cite business metrics as a top software project for 2002 * Line-of-business managers, as well as senior executives and corporate analysts, need and benefit from business metrics * Two thirds see wireless access to business information as increasingly important * Enterprise Resource Planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) (44%) and Customer Relationship Management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ) (33%) are top applications used with data warehouse functions * 60% of warehouse data comes from more than one application, demonstrating the need for enterprise-wide data integration * 59% use return on investment (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ) processes prior to IT purchases, but only 23% look at ROI after purchase - and 23% use no ROI analysis at all * Only 19% believe their current approach to ROI is effective, while 24% think their ROI approach is ineffective www.informatica.com |
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