by Angela Guess

A recent press release states, “Dresner Advisory Services today published the 2017 Business Intelligence Competency Center Market Study, part of the Wisdom of Crowds® series of research. A Business Intelligence Competency Center is a unique, cross-functional group within an organization charged with defining, delivering, documenting, and promoting best-practice business intelligence (BI) solutions. The 4th annual report considers multiple aspects of the BI Competency Center (BICC) including staffing and reporting structures, skills and activities, budget and funding, and success rates. BICC respondents see operations as the strongest functional driver of business intelligence in 2017, followed by strategic planning and executive management. The BICC indicates ‘better decision making’ is the top objective, with ‘operational efficiency’ and ‘revenue growth’ gaining the most momentum in this year’s study.”

Howard Dresner, founder and chief research officer at Dresner Advisory Services noted, “We believe that organizing for success is an important step in achieving best-practice business intelligence, and the BICC is a proven means to achieve this… BI Competency Centers report greater trustworthiness in their state of data and greater ability to take action on insights. In addition, BICC respondents are generally very confident in the success and future value of their business intelligence programs and projects.”

The release adds, “According to the 2017 report, business analysts are the most common resource within the BICC. Several other disciplines are also highly valued, including the newer role of data scientist. The most prominent BICC activity is analytic model development, followed by business consulting. Application development, database design/management, and application design, maintenance, and deployment are also front-line BICC activities.”

Read more at Marketwired.

Photo credit: Dresner Advisory Services