<< Back to Press Releases Index
Ventana Research Finds Use of Service-Oriented Architecture for Business Intelligence Will Grow Significantly Over the Next Year
The first industry research study ever conducted on SOA for BI from over 488 organizations finds that companies have aggressive implementation plans but many don’t have the needed technical knowledge and skills
SAN MATEO, Calif.—(BUSINESS WIRE)—November 27, 2006—The majority of respondents of Ventana Research’s new study on Service-Oriented Architectures (SOA) for Business Intelligence (BI) said their companies plan to implement BI services within the next twelve months. Yet the number one cited action needed to adopt BI services was to acquire general knowledge about SOA. The survey defined a “BI service” as a software component that provides a service such as data connectivity, movement and transformation; semantic mapping and master data management; query, reporting and analysis; and dashboarding, scorecarding and alerting.
“Companies believe SOA is important for BI and plan to implement BI services across all functional areas of their business within the next year”, said Dan Everett, Research Director for Business Intelligence at Ventana Research. “However, the research reveals a lack of technical understanding in many organizations and an acknowledgement that outside help will be required for initial implementations.”
Among the key research findings, Ventana Research found:
- SOA is important for BI: The vast majority (81%) of respondents said SOA is important to some degree for BI, and most believe every functional area of the business will receive value from BI services.
- Implementation plans are aggressive: Over half of respondents said they plan to implement front-end query and reporting services and back-end data services within the next 12 months and customer operations (43%) and finance (32%) were top business areas slated for early deployments.
- More education and skill development is needed: Only one third of respondents said they would use internal personnel to implement BI services and many cited general knowledge about SOA (53%) and identifying the IT resources required to migrate to and support SOA for BI (48%) as barriers to adoption.
Ventana Research, the leading provider of Performance Management research and advisory services, will expand on the key findings of the research study Service-Oriented Architecture for Business Intelligence – Trends, Needs and Practices at a live interactive webinar on Thursday, December 7th at 9am Pacific.
The research, sponsored by technology providers Cognos and Composite Software, is based on an analysis of 488 validated respondents. The survey was conducted with the assistance of media partners that included BI Review, BusinessIntelligence.com, DM Review, Intelligent Enterprise, Softwaremag.com and Technology Evaluation Center.
About Ventana Research
Ventana Research is the leading research and advisory services firm focused on the intersection of people, processes, information and technology to enable breakthrough performance. By providing expert insight and detailed guidance, Ventana Research helps clients operate their companies more efficiently and effectively. To learn how Ventana Research Performance Management workshops, assessments and advisory services can impact your bottom line, visit www.ventanaresearch.com.
Media Contact: Marisela Reynoso
(925) 242-2579 marketing@ventanaresearch.com
© 2006 Ventana Research
ISG Software Research
ISG Software Research is the most authoritative and respected market research and advisory services firm focused on improving business outcomes through optimal use of people, processes, information and technology. Since our beginning, our goal has been to provide insight and expert guidance on mainstream and disruptive technologies. In short, we want to help you become smarter and find the most relevant technology to accelerate your organization's goals.
About ISG Software Research
ISG Software Research provides authoritative market research and coverage on the business and IT aspects of the software industry. We distribute research and insights daily through our community, and we provide a portfolio of consulting, advisory, research and education services for enterprises, software and service providers, and investment firms. Our premier service, ISG Software Research On-Demand, provides structured education and advisory support with subject-matter expertise and experience in the software industry. ISG Research Buyers Guides support the RFI/RFP process and help enterprises assess, evaluate and select software providers through tailored Assessment Services and our Value Index methodology. Visit www.isg-research.net/join-our-community to sign up for free community membership with access to our research and insights.
About ISG Research
ISG Research™ provides subscription research, advisory consulting and executive event services focused on market trends and disruptive technologies driving change in business computing. ISG Research™ delivers guidance that helps businesses accelerate growth and create more value. For more information about ISG Research™ subscriptions, please email contact@isg-one.com.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including AI and automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs 1,600 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data.
For more information, visit isg-one.com.