REDMOND, Wash—May 1, 2007—Noetix Corp., a software provider that automatically generates business intelligence (BI) content from enterprise applications, today revealed the results of a nationwide market survey indicating that improvements to data discovery and access will accelerate the impact that BI can have on business success.
Noetix sponsored the survey conducted by Unisphere Research to better understand the adoption and use of front-end BI tools. The majority of respondents were database or systems administrators from a wide range of industries and companies of all sizes.
The survey results indicated that the discovery of relevant data sources and access to those data sources are considered key pieces of BI functionality. More than one-third of the respondents indicated that they found it difficult or very difficult to locate the data they need for analytic applications. More than a quarter said that once target data was located, it was difficult to then access that data. Respondents remarked that the single most important functionality for a BI tool was ease in finding relevant data.
"Improvements in data integration technologies have allowed companies to make more data available for analysis so that appropriate actions can be executed faster," said Dr. Elliot King, research director of Unisphere Research, which conducted the study. "These BI tool improvements have made sophisticated analysis of business information more accessible to users with less formal training in statistics and other underlying analytical disciplines."
According to the survey, the ability to integrate data from disparate applications into a single report was also called out as a key feature for BI applications. Approximately 77 percent of the respondents said the ability to report from multiple applications and make the data available from one report is somewhat to very important.
Companies reported that they use a wide range of metrics to gauge ROI for BI. Of all the metrics used, analyst productivity and quality of the decisions made were listed as the most important. The key to improving ROI for end users is identifying tools that are easy to use and provide easier to access, relevant data.
The core value of the Noetix solution is simplified access to operational data. Using patent-pending technology, Noetix automatically discovers the site-specific setups within an enterprise application, deciphers the maze of database structures, and joins the proper tables together. This process transforms complex data structures into recognizable information that can be easily used by non-technical employees to quickly create ad hoc business intelligence reports.
About Noetix
More than 1,300 customers worldwide use Noetix to quickly and cost-effectively access the enterprise application data they need to make important business decisions every day. Noetix provides software that automatically generates metadata from enterprise applications, enabling immediate access to data. Unlike most business intelligence tools that require weeks of extensive manual mapping to be set up and maintained, Noetix uses patented technology to automatically discover and produce metadata based on customers’ specific implementations of Oracle E-Business Suite or Siebel Business Applications. Noetix provides this business intelligence content with easy search and navigation capability, empowering users to quickly generate the ad hoc, operational reports needed to make critical and timely business decisions. Noetix’s proven technology is being used by industry-leading customers worldwide, including: CompUSA, Motorola, Starbucks, Toshiba, Welch’s, and Visa. The company is headquartered in Redmond, Wash., with international operations in London and Hyderabad, India.
Contact:
Rebecca Haas
Revolution Public Relations
(503) 236-0377
rebecca@revolutionpr.com