IDC research shows that organizations invest in intelligence primarily to drive
specific business outcomes. Technology investment is important to improving
enterprise intelligence, but on its own, it’s not sufficient. Organizations must
also ensure they have the right skills, structure, culture, and supporting
ecosystems to use data insights to improve business outcomes. Thinking about
enterprise intelligence as a team sport can be a helpful way to think about how
and where to focus enterprise intelligence investments across the organization.
Organizations have high ROI expectations when it comes to their enterprise
intelligence initiatives. Technology buyers increasingly gauge the success of
their intelligence technology and services purchases on whether or not they
generate the desired outcomes. This emphasis on ROI has driven a shift toward
use case-driven initiatives that focus on faster, higher-quality data analysis and
decision support, which in turn helps organizations become more agile and
resilient by arming themselves with the right insights at the right time to make
the best possible decisions.
Enterprise intelligence teams are critical to designing, implementing, and
supporting purpose-built, business-specific initiatives, which rely on deep
domain knowledge and the ability to apply insights to make business decisions.
Enterprise Intelligence is a Team SportIDC eBook
IDC defines enterprise intelligence as the ability to
synthesize information, the capacity to learn from
that information, the ability to apply those
insights at scale, and a strong data-driven culture
that enables organizations to improve business
outcomes. The four pillars are driven by a
technology platform foundation that in turn drives
enterprise intelligence.
Source: IDC, 2021