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Business Intelligence and Analytics in the Public Sector: Demand and Supply Imperatives in the Age of Austerity

Business Intelligence and Analytics in the Public Sector: Demand and Supply Imperatives in the Age of Austerity

Introduction

Introduction

Public sector budgets have been shrinking over the last couple of year. Demand for public services continues to grow driven by global demographic, economical and environmental trends. Governments are forced to carry on with modernization of services for automation, efficiency and capacity. The public sector has little choice but to become smarter in managing budgets and services.

Scope

*Opportunities for BI in the public sector

*This report focuses on using BI to generate efficiency savings and improved services

Highlights

BI enables organizations to create an adequate information channel that is an imperative for good decision making.

BI should be the tool of choice for focused and measured spending cuts and for meeting efficiency targets

Vendors must help the public sector answer the big question of whether to spend to save or just save

Reasons to Purchase

*This research identifies opportunities for BI in public sector

*This research discusses the importance of clearly identifying the benefits of BI in order to get funding approval

Table of Contents :

SUMMARY 2

Impact 2

Ovum view 2

Key messages 2

BI ENABLES ORGANISATIONS TO CREATE AN ADEQUATE INFORMATION CHANNEL THAT IS AN IMPERATIVE FOR GOOD DECISION MAKING 3

The complex world of public services makes BI essential for better decisions 3

BI is part of the information management stack of technologies 4

The devil is in the data 7

Consolidation and innovation continues to shape the BI Market 7

BI SHOULD BE THE TOOL OF CHOICE FOR FOCUSED AND MEASURED SPENDING CUTS AND FOR MEETING EFFICIENCY TARGETS 9

The "do nothing" option looks easy but it comes at a price 9

Enhancing corporate performance 10

Tackling crime, tax evasion and benefit fraud 10

Mitigating risks and achieving regulatory compliance 11

Smarter and more agile Government 11

Improving customer service planning and delivery 12

Case study 1: Intelligence driven performance management at work at Oslo Prison 12

Case study 2: Predictive analytics helps Richmond Police fight crime and improve resource deployment 13

VENDORS MUST HELP THE PUBLIC SECTOR ANSWER THE BIG QUESTION OF WHETHER TO SPEND TO SAVE OR JUST SAVE? 14

With BI, size does not matter 14

Building the business case for BI 15

The full impact of the financial crisis is only just beginning to hit the public sector 16

Making BI a proposition that is hard to refuse 18

RECOMMENDATIONS 19

Recommendations for enterprises 19

There is more to BI than technology 19

BI without data quality is not worth having 19

Accelerate skills development for advanced analytics to maximise the return on BI investments 20

Re-using and sharing BI knowledge and skills can help significantly reduce costs 20

Recommendations for vendors 20

Act now to help BI thrive and grow in the public sector 20

Aim to deliver more public sector specific applications 21

Increase the appeal of BI to users 21

Eliminate platform integration issues 21

APPENDIX 21

Further reading 21

Methodology 22

For more information please visit :

http://www.aarkstore.com/reports/Business-Intelligence-and-Analytics-in-the-Public-Sector-Demand-and-Supply-Imperatives-in-the-Age-of-Austerity-62205.html

Business Intelligence and Analytics in the Public Sector: Demand and Supply Imperatives in the Age of Austerity

By: Aarkstore Enterprise
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