Dr. Lakshmi Mohan
The Urgency for BI
Gartner’s March 2005 BI Summit in Chicago and London drew over 750 attendees at each event!
Mountains of data; growing at 30% to 50% a year
Pressure of regulations such as the US Sarbanes-Oxley Act and in financial services, the Basel II capital adequacy rules forcing companies to “fix-up” their practices
Competition and customer demands requiring timely – and often real-time – information, and in plenty of detail - to “drill down” from high-level summarized reports, with the intervals between updates coming down, especially in financial services (“from 4 hours to 15-25 minutes”)