The adoption rate of data warehouse (DW) and business intelligence (BI) systems rose significantly this year with almost half of responding companies investing in the technology. BI solutions have moved beyond monitoring business activity to providing decision-makers with richer information to make better decisions, often in real-time, which is one of the reasons our full study, Data Warehouse and Business Intelligence Adoption Trends and Customer Experience, shows investment in DW/BI is high.
As seen in Figure 2, the percentage of organizations budgeting funds to implement or expand their DW/BI solutions rose to 47% in 2016. This is up from 2015, when the investment rate was 37%, and 2014 when the investment rank sank to 27%.
Our full study on the technology examines adoption trends for DW/BI solutions of all types, providing data on how many organizations have the technology in place, how many are implementing it, and how many are expanding investments on new capabilities. For the most part, investment in DW/BI has been on a steady rise as the technology becomes more mature and easier to implement.
The study also assesses what types of solutions are being adopted, and how much money IT organizations are budgeting for their investment in these solutions. We examine return on investment (ROI) experience in terms of the percentage of organizations that report positive and break-even ROI within a two-year period. We also balance the potential ROI against the risks, measured in terms of the percentage of organizations that exceed budgets for total cost of ownership (TCO). The full study is based on our annual Technology Trends survey data.
This Research Byte is a brief overview of our report on this subject, Data Warehouse and Business Intelligence Adoption Trends and Customer Experience. The full report is available at no charge for Computer Economics clients, or it may be purchased by non-clients directly from our website (click for pricing).