The mantra about IT being able to help businesses make theright decisions in recession has been embraced by users but is still not beingacted on.
According to research from SAP around 86% of companies donot have access to real time and accurate data.
Some of the explanations for that failure was because of abelief that there was too much data to handle or even that having a clearhandle on information was not vital to surviving the downturn.
“A lack of clarity limits [users] ability to understandbusiness conditions, predict risks and make informed decisions – all of whichare more important than ever during this period of economic difficulty,” saidTim Noble, UK & Irelandmanaging director of SAP.
The vendor also quizzed users on their views of therecession with only 4% believing that it had already started to end and 39%braced for the downturn to last another year.
Resellers have been urged to warn customers about the risksthey face with a recent IBM roundtable sounding out the risks of making major decisionswithout a full picture.
“If you haven’t planned ahead you could be out of business,” warned CliveLongbottom, service director at Quocirca who also said that far too muchinformation was not being shared and resided on user’s C drives.