The Best Investment

  Business Intelligence   Portfolio Management   Strategy  

The new millennium is certainly a far cry from the high rolling "dot-com" days of the late 1990s. With the stock market crash and a short era of poor profits, corporations have shifted from their free spending habits to tighter reigns around corporate spending. Profitability now reins king while dream ventures are little but whispers in hallway conversations. Corporations are trying to squeeze more by actively engaging in cost-cutting and focusing on profitable segments and product opportunities.

Healthcare has been identified as a major impediment to American corporations that eats up 30 percent of profits in many cases on an annual basis. Companies are also turning to portfolio management techniques to invest in smart opportunities based on a solid business case rather than engaging in million dollar initiatives based on gut feel. Additionally, increased focus has been placed on the financials of American corporations through Sarbanes-Oxley legislation. Managing effectively within this environment requires rigorous data analysis and robust business intelligence. The shift has occurred to move us from a "glamour driven" world to a "data driven" world.

This shift presents ripe opportunities for deploying business intelligence technologies. In comparison to large enterprise initiatives, business intelligence solutions cost less and show payback more …

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