Traditional query-based Business Intelligence & Data Viz Tools have common and widely documented limitations that end up being a bottleneck thwarting the journey and in most cases, outright preventing organizations from progressing through the cycle discussed by authors of the McKinsey article.
To be crystal clear, traditional query-based BI & Data Viz tools are “ships in a bottle” and without further delay, here are my “Top 5 reasons that ships in a bottle aren’t good for business”:
An alternative exists:
“Rigorous and widespread use of data” to grow profitably and properly manage risk has never been a more achievable goal. Technology that has shattered the bottleneck that has held Financial Services organizations from truly transforming their organizations into one’s being driven by fact based analysis and decision making.
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