Data Consumption is undergoing a major shift
May 14, 2013 1 Comment
A good decision is based on knowledge and not on numbers.
—PLATO
As EPM practitioners, our job is to help deliver better insights to the business, and the starting place is delivering useful information: on time, at the right level of detail, to the people who can use it to make a decision that helps improve short and long-term results.
With the plethora of data we’re getting, and with the speed at which change happens and transactions occur, it’s getting harder to find out exactly where you stand. How, when, where, and why we consume data is undergoing a major shift:
|
From |
To |
| Static | Dynamic |
| A big binder or a large PDF file | When and where you need it (online, interactive, mobile) |
| Financial | Financial, operational, strategic |
| Lagging indicators | Leading indicators |
| Stale data | Real-time information |
| Fixed | Variable based on my role and my point of view |
| Passive | Actionable, guided |
| Grids of numbers | Graphical visualization |
| Pull (I have to go get it) | Push (it comes to me) |
How does your enterprise performance road-map address this shift in how data is consumed? Do you have the right processes, governance, and tools in place to keep up with the new demand?
Ron Dimon 
I *just* came across this today – but a good technical example of convergence in the Oracle Hyperion and BI world: http://essbaselabs.blogspot.com/2013/04/obi-meets-smart-view-bi-data-meets-epm.html