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      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”)

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