12. Benefits of Collaborative Decision Making
• Faster move from data to action
• Uncover hidden insights through the suggestive
engine
• Increased BI adoption among business
users and analysts
• Management meetings more productive due to
one version of the truth
• Building Corporate Knowledge Base
Thank you very much Rob for the great presentation, and before we dive into a quick demo where you’ll see Social BI in action, let’s take a step back and see what collaboration in BI looks like today.It’s clear that the insight itself does facilitate better decisions and more efficient business processes, but powerful insight comes not just from data and not just from what one person see’s and thinks. We make decisions both large and small by combining the data available to us with the opinions, advice, experiences, expertise, and recommendations from the people we trust.And yet today all collaboration is mostly done through email. Users are forced to switch tools and contexts and use emails, together with telephone,collaboration platforms, and other tools to discuss what they are seeing in their BI applications. They have to manually switch back and forth and attempt to bridge the gap between data based insights and insights gained through interactions with peers and colleagues.So by the time this information has been shared with everyone that need to contribute, the likelihood is that this information will be out of date.
With that, I’d like to switch gears now and give you a quick demo of what Social Business Intelligence is. And after that, we’ll open the floor to questions – please keep them coming!