Collaborative BI provides an answer to the persistent problem that, despite increasing amounts of money being spent on BI, many organizations are failing to utilize reporting and analytics effectively and continue to make poor business decisions
(PRWEB) March 22, 2012
Global Business Intelligence (BI) software vendor, Yellowfin, has released a new white paper on Collaborative BI. The newly updated paper outlines the crucial components that make up an effective and complete Collaborative BI platform, and explains its ability to facilitate pervasive sharing, discussion and better, faster fact-based decision-making.
The white paper – Collaborative Business Intelligence – is available for free download from the Yellowfin website: http://www.yellowfinbi.com/YFSalesDocs.i4?cat=white
The merging of BI with Web 2.0 and social networking technologies has given rise to the new concept of Collaborative BI – a type of collaborative decision-making (CDM) platform. This platform, like social Web 2.0 technologies, is designed around the premise that anyone should be able to share content and contribute to discussion; anywhere and anytime.
“Collaborative BI provides an answer to the persistent problem that, despite increasing amounts of money being spent on BI, many organizations are failing to utilize reporting and analytics effectively and continue to make poor business decisions,” said Yellowfin CEO, Glen Rabie. “The potential is exciting and nothing short of transformational.”
“Yellowfin is currently the only BI solution on the market that offers a complete and fully integrated CDM module straight ‘out-of-the-box’,” said Rabie. “Yellowfin’s Collaborative BI components facilitate better, faster, less labor-intensive organization-wide CDM.”
This announcement comes amidst the release of a new industry report on Collaborative BI – Collaborative Business Intelligence: Optimizing the Process of Making Decisions. The study, conducted by renowned analyst and Director of Research at TechTarget – Wayne Eckerson, surveys the current state and potential of Collaborative BI.
Download the full report, view a summary of current Collaborative BI trends, or view the report’s official Webcast launch here: http://www.yellowfinbi.com/YFCommunityNews-Collaborative-Business-Intelligence-Optimizing-the-Process-of-Making-Decisions-112743
To find out more about Yellowfin and Collaborative BI, download a free copy of the white paper – Collaborative Business Intelligence: http://www.yellowfinbi.com/YFSalesDocs.i4?cat=white
View Yellowfin’s Collaborative BI solutions page here: http://www.yellowfinbi.com/YFSite-Social-And-Collaborative-Business-Intelligence-100879
What is Business Intelligence software?
Business Intelligence (BI) refers to a broad range of computer software applications and tools used to report, analyze and present data in a range of formats, to help businesses identify trends and opportunities, and support fundamental decision-making.
Yellowfin is a global Business Intelligence (BI) software vendor headquartered and developed in Melbourne, Australia. Yellowfin is a highly intuitive 100 percent Web-based reporting and analytics solution.
For further media information, interviews, images or product demonstration, please contact:
Lachlan James, Communications Manager on +61 (0)3 9090 0454, 0431 835 658 or lachlan(dot)ames(at)yellowfin(dot)bi
For regular updates and news, follow Yellowfin on Twitter (@YellowfinBI) and LinkedIn (Yellowfin Business Intelligence), or subscribe to our free e-newsletter. http://www.yellowfinbi.com