For most organisations corporate performance management (CPM) is the main
priority in business intelligence (BI), according to a recent Gartner survey.
The survey was based on 609 attendants at the Gartner’s Symposium/ITxpo in
Cannes, November 2007.
Two-thirds of the respondents, who were from Europe, the Middle East and
Africa, rated CPM as the top issue in BI rather than data warehousing and data
quality.
“BI needs to transition from measuring performance to proactively managing
performance to achieve business goals and a key enabler of this transition is
CPM,” said Nigel Rayner, Gartner research vice presidentadding. “CPM includes
metrics, methodologies, processes and systems used to manage performance
targeted at the corporate level.”
Rayner explained that many organisations underestimate the capabilities of
CPM applications. "As most business users are transitioning from legacy, manual
and spreadsheet-based systems, they lack the knowledge of what these advanced
applications can do and how they should be deployed,” he added.
The Gartner report said the problem is most organisations simply automate
existing finance-oriented processes and this does not help performance
management structures across the rest of the organisation. Although Rayner added
that this also means an attractive untapped market for software vendors.
To implement CPM successfully, a project will need an equal partnership
between finance, IT and key business users, said Gartner.
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