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Dispensing an indispensable application Business performance management is a very
high value data warehousing application, writes Alan Missroon of
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While the popularity of data warehouses continues to rise, many organisations admit difficulty cost justifying their investments. Those who seem to be most successful have followed a growing trend: their data warehouse design and content is driven by business application requirements rather than the overall push to get data to end users. As a result, such data warehouses contain only business-specific application data. It is as if the business users are pulling data from the operational systems, rather than the IT department pushing such data out. One such application which is increasing in popularity is business performance management. Performance management can be defined as the process of measuring key performance indicators (KPIs) to manage the internal processes driving those indicators, for the purpose of improving efficiency and achieving strategic and tactical objectives alike. In addition, a ‘performance scorecard’ is the ultimate output from the performance management data. It is, in effect, the visual presentation of the performance information. Data warehousing and business intelligence technology can be used to create a business performance management system. Such an application can have a dramatic impact on an organisation’s ability to achieve its strategic and tactical objectives. |
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International Consultants' Guide May 2001
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Data
Warehousing & Business Intelligence