Technology

There is a better way

A number of organisations in the financial sector are struggling to successfully adopt BI solutions. PBT Group has a solution, but it`s going to take some convincing.

01 August 2007

Financial and insurance institutions have a rather strange way of approaching business intelligence (BI) solution rollouts. More specifically, they have an overly cumbersome way of architecting their BI solutions.

“What is so frustrating is that we often stand on the outside, shouting and screaming [at these companies],” says Martin Rennhackkamp, chief operations officer at PBT Group. These antics often manifest when trying to convince customers that there are better ways to adopt and roll out business intelligence solutions. “We often find ourselves telling customers that they shouldn't do it a certain way, that they can streamline their operations and that they can do things more efficiently. However, they get bogged down in these cumbersome architectures and, as a result, end up delivering very little to the business in response to what they are spending,” he adds.

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