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BI Spending Number 1 on Merrill Lynch CIO Survey

Merrill Lynch just published its September 2005 CIO Spending Survey and BI/DW is at the top of the chart. To quote the report, "Business Intelligence/Data Warehousing showed a significant increase in spending priority, significantly outpacing other categories." The top five priorities were BI/DW (53% of respondents), application integration (33%), corporate portals (29%), security (27%) and supply chain management (26%). Ed Maguire at Merrill Lynch who very kindly send me a copy of the report told me that he cannot ever remember such a big gap between first and second places. The future of BI looks very good for 2006.

  Posted by Colin White on October 21, 2005 6:10 PM |

Comments

Coming at this from the data quality perspective, it has been my experience that 90% of IT projects are actually driven by a BI initiative. That's why the results of this survey are not surprising. BI is about providing reports so management can make better decisions. So many data integration projects, warehouses, marts, ODS's, ETL purchases, customer analytics apps, and even DQ solutions are really in support of the larger BI initiative. All you have to do is follow the drivers for all those projects back to their roots, and somewhere you will find an executive who wants better reports (BI). Forgive me for my gross simplification, comments should be brief.

Posted by: Frank Dravis | November 4, 2005 7:17 AM

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