Did someone say “panic”? Not in BI

Last January, I surveyed BI consultants to see what the season’s recession was doing to BI. Things were going fine, most reported. This week I’m following up with them on the Panic of ’08.

Those who look at how things are say the outlook is mixed: big projects already under way will continue, while smaller ones will stop.

Those who look at how things could be say the outlook is bright: BI is critical to more organizations than ever before.

“It’ll be an enormous shot in the arm,” said one data architect at a big, big vendor. Banks, for example, will find new fondness in their hearts for BI. It will be their new compass for navigating a new world of regulation.

Closer to D.C, another data man also sees a bonanza, though his optimism is measured. Mark Albala, president of the recently formed InSight Partners, said, “It’s not a BI issue it’s a trustworty information issue and BI is part of the puzzle.” More on that soon.

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