Using technology in the management and decision-making process can have very positive financial benefits for an organization. It can compel an organization to the top of the market space, increase revenues, help to save or eliminate costs, meet regulatory requirements or improve corporate governance.

(Successfully) undertaking an initiative to transform the decision-making and management process has to involve the business as well as the information technology (IT) departments. It will take a willful act of management to go through such a project and change the organization to use the results.

This white paper talks through some of the benefits, considerations, and challenges for an organization considering implementing technology – business intelligence, data warehousing, data mining, performancemanagement – to gain benefits in the management and decision making process.