EIS data: findings from an evolutionary study

In such a competitive environment as the present one, it is no longer enough for managers to make the right choices, but they must also make and implement them as quickly as possible. For this reason, they need several tools to provide them with information. These tools are called executive information systems (EIS). However, an EIS is only as useful as the data it utilizes. Findings show that quantitative data is the most common type of information provided by the EIS. Operative databases in functional areas constitute the main source of internal data provided by EIS, closely followed by data warehouses. Soft data gives a great value to EIS completing usual data. Despite this fact, none of the EIS analyzed include soft data. The capability to provide access to reliable data from several sources (external and internal) is a major issue in EIS. The use of external data is increasing. The most outstanding sources are the services of financial institutions. Findings show that analyzed EIS are experiencing a transition from the first-generation EIS to second-generation EIS.

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