There is growing evidence that higher BI and analytics competency and pervasiveness have a direct impact on competitiveness. However, justifying large capital outlays for software will be challenging unless short-term benefits can be directly correlated to the investment. As more incremental projects are undertaken, it will be important to execute these projects within the long-term strategic plan of organizationwide decision management.

Read this IDC analyst paper for concise answers about what is required to reach the highest levels of BI competency and pervasiveness.