I would like to thank all of you who participated in our recent 2002 Annual Readership Survey. The analysis of your responses has been completed by The Gantry Group, an independent research firm that conducted our survey. I'd like to share a few of the key results with you.
The average IT budget for a DM Review reader is $24.5 million of which $5 million is allocated for business intelligence. Ninety percent of DM Review readers report they are involved in a business intelligence/data warehousing implementation. Thirty-six percent have a data warehouse in production, 11 percent are implementing, 7 percent are in the construction phase, 5 percent are designing their business intelligence system, 8 percent have implemented a pilot system, 12 percent are in initial planning and 11 percent are upgrading their systems.
None of our readers report that their business intelligence/data warehousing implementation is a failure due, I'm sure at least in part, to the knowledge they've garnered by reading the expert-written articles and columns in DM Review. I'm sure you'll join me in thanking our regular columnists for sharing the expertise with all of you each month. Our readers rated their BI/DW implementations as follows: successful 24 percent; adequate 26 percent; needs improvement 25 percent; too early to determine 10 percent; and only 2 percent indicated their DW/BI implementations did not meet expectations. I'll share more results in future issues.
This month's feature articles cover business intelligence in vertical industries and several classes of analytic applications. One of the feature articles is co-authored by long-time DM Review contributing author Mike Schroeck, partner and global iAnalytics leader at PwC Consulting. Mike was recently named one of the "Top 25 Most Influential Consultants" of 2002 by Consulting Magazine. According to the press release issued by the publication: "The Top 25 Consultants of 2002 are helping their corporate and government clients adapt to the most tumultuous environment in a generation, improving readiness to new and emerging threats and keeping their own firms in top shape by practicing what they preach." Mike, the only honoree specializing in business intelligence, data warehousing and analytics, is listed among a mix of strategists, technologists and innovative management thinkers. Congratulations, Mike!
As always, thanks for reading DM Review.