Workday is excited to announce that we are taking another step forward in our analytics journey with the acquisition of Stories.bi, one of the most innovative players in the augmented analytics space.
Digging around increasingly large datasets is not what you want your people to spend time on. It doesn't directly increase profits or speed up execution. Quite on the contrary. Executives today are swamped with information, 95% of which is noise. Digging through that noise distracts them from work, burdens their minds and clots their decision-making. That’s also why there’s such a lukewarm adoption of BI on the operational level.
So instead of focusing on the tools, we stepped back and asked our pilot customers a few daring questions. Mainly, what is the "real work" that managers do besides our beloved analytics? Is that what maximises value for the company? And why is it that BI is not helping them with the "real work" today and how could it?
But they don't know how to work with data. So they can't even tell if they are indeed missing out. And I started telling them: Don't worry about it.
If you didn't get into data and analytics over the last few years, don't worry about it.
It's too late.