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        Analyst Perspectives

        In today’s organization, the myriad of analytics and permutations of dashboards challenge workers’ ability to take contextual actions efficiently. Unfortunately, conventional wisdom for investing in analytics does not recognize the benefits of empowering the workforce to understand the situation, examine options and work together to make the best possible decision.

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        Topics: business intelligence, Analytics, Data, Digital Technology, analytic data platforms, Analytics and Data, AI and Machine Learning

        For far too long, business intelligence technologies have left the rest of the exercise to the reader. Many of these tools do an excellent job providing information in an interactive way that lets organizations dive into the data and learn a lot about what has happened across all aspects of the business. More recently, many of these tools have added augmented intelligence capabilities that help explain why things happened. But rarely did any of these tools provide information about what to do...

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        Topics: Analytics, Business Intelligence, Digital Technology, Analytics and Data, AI and Machine Learning

        The shift from on-premises server infrastructure to cloud-based and software-as-a-service (SaaS) models has had a profound impact on the data and analytics architecture of many organizations in recent years. More than one-half of participants (59%) in Ventana Research’s Analytics and Data Benchmark research are deploying data and analytics workloads in the cloud, and a further 30% plan to do so. Customer demand for cloud-based consumption models has also had a significant impact on the products...

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        Topics: Business Intelligence, Cloud Computing, Data Management, Data, natural language processing, data operations, analytic data platforms, Analytics and Data, AI and Machine Learning

        Analytics processes are all about how organizations use data to create metrics that help manage and improve operations. Yet, the discipline applied to analytics processes seems to be lacking compared to data processes. I’ve pointed out that the weak link in data governance is often analytics. Organizations can also do a better job tying AnalyticOps to DataOps and do more to define and manage metrics. Our research has shown that creating and managing metrics in a semantic model improves...

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        Topics: Analytics, Business Intelligence, Data Governance, Data, Digital Technology, Analytics and Data

        Ventana Research uses the term “data pantry” to describe a method of data storage (and the technology and process blueprint for its construction) created for a specific set of users and use cases in business-focused software. It’s a pantry because all the data one needs is readily available and easily accessible, with labels that are immediately recognized and understood by the users of the application. In tech speak, this means the semantic layer is optimized for the intended audience. It is...

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        Topics: Continuous Planning, Business Intelligence, Data Management, Business Planning, Data, Financial Performance Management, Enterprise Resource Planning, continuous supply chain, data operations, Streaming Data Events, Analytics and Data, AI and Machine Learning

        In previous perspectives in this series, I’ve discussed some of the realities of cloud computing including costs, hybrid and multi-cloud configurations and business continuity. This perspective examines the realities of security and regulatory concerns associated with cloud computing. These issues are often cited by our research participants as reasons they are not embracing the cloud. To be fair, the majority of our research participants are embracing the cloud. However, among those that have...

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        Topics: Analytics, Business Intelligence, Cloud Computing, Data Governance, Digital Technology, Analytics and Data, AI and Machine Learning

        Recently, I suggested you need to “mind the gap” between data and analytics. This perspective addresses another gap — the gap in skills between business intelligence (BI) and artificial intelligence/machine learning (AI/ML).

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        Topics: Analytics, Business Intelligence, Digital Technology, Analytics and Data, AI and Machine Learning

        Almost all organizations are investing in data science, or planning to, as they seek to encourage experimentation and exploration to identify new business challenges and opportunities as part of the drive toward creating a more data-driven culture. My colleague, David Menninger, has written about how organizations using artificial intelligence and machine learning (AI/ML) report gaining competitive advantage, improving customer experiences, responding faster to opportunities and threats, and...

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        Topics: Data Governance, Data Management, Data, data operations, analytic data platforms, Analytics and Data, AI and Machine Learning

        If you’ve ever been to London, you are probably familiar with the announcements on the London Underground to “mind the gap” between the trains and the platform. I suggest we also need to mind the gap between data and analytics. These worlds are often disconnected in organizations and, as a result, it limits their effectiveness and agility.

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        Topics: embedded analytics, Analytics, Business Intelligence, Data Governance, Data Management, data operations, Analytics and Data

        I have written a few times in recent months about vendors offering functionality that addresses data orchestration. This is a concept that has been growing in popularity in the past five years amid the rise of Data Operations (DataOps), which describes more agile approaches to data integration and data management. In a nutshell, data orchestration is the process of combining data from multiple operational data sources and preparing and transforming it for analysis. To those unfamiliar with the...

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        Topics: Data Management, Data, data operations, Analytics and Data, AI and Machine Learning

        Ventana Research’s Data Lakes Dynamics Insights research illustrates that while data lakes are fulfilling their promise of enabling organizations to economically store and process large volumes of raw data, data lake environments continue to evolve. Data lakes were initially based primarily on Apache Hadoop deployed on-premises but are now increasingly based on cloud object storage. Adopters are also shifting from data lakes based on homegrown scripts and code to open standards and open...

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        Topics: Business Intelligence, Data Governance, Data Management, Data, data operations, Streaming Data Events, analytic data platforms, Analytics and Data, AI and Machine Learning

        I have written before about the continued use of specialist operational and analytic data platforms. Most database products can be used for operational or analytic workloads, and the number of use cases for hybrid data processing is growing. However, a general-purpose database is unlikely to meet the most demanding operational or analytic data platform requirements. Factors including performance, reliability, security and scalability necessitate the use of specialist data platforms. I assert...

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        Topics: business intelligence, Cloud Computing, Data Management, Data, analytic data platforms, Analytics and Data

        I have recently written about the organizational and cultural aspects of being data-driven, and the potential advantages data-driven organizations stand to gain by responding faster to worker and customer demands for more innovative, data-rich applications and personalized experiences. I have also explained that data-driven processes require more agile, continuous data processing, with an increased focus on extract, load and transform processes — as well as change data capture and automation...

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        Topics: Cloud Computing, Data Management, Data, data operations, Analytics and Data

        The data catalog has become an integral component of organizational data strategies over the past decade, serving as a conduit for good data governance and facilitating self-service analytics initiatives. The data catalog has become so important, in fact, that it is easy to forget that just 10 years ago it did not exist in terms of a standalone product category. Metadata-based data management functionality has had a role to play within products for data governance and business intelligence for...

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        Topics: business intelligence, Data Governance, Data Management, Data, data operations, Analytics and Data

        Business intelligence has evolved. It now includes a spectrum of analytics, one of the most promising of which has been described as augmented intelligence. Some organizations have used the term to describe the practical reality that artificial intelligence with machine learning is not replacing human intelligence, but augmenting it. The term also represents the application of AI/ML to make business intelligence and analytics tools more powerful and easier to use. It’s this latter usage that I...

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        Topics: Analytics, Business Intelligence, natural language processing, Collaborative & Conversational Computing, Analytics and Data, AI and Machine Learning

        I have written recently about increased demand for data-intensive applications infused with the results of analytic processes, such as personalization and artificial intelligence (AI)-driven recommendations. Almost one-quarter of respondents (22%) to Ventana Research’s Analytics and Data Benchmark Research are currently analyzing data in real time, with an additional 10% analyzing data every hour. There are multiple data platform approaches to delivering real-time data processing and analytics...

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        Topics: Cloud Computing, Data, Streaming Analytics, Streaming Data Events, analytic data platforms, Analytics and Data

        When I looked at the state of analytics recently, it was clear that analytics are not as widely deployed within organizations as they should be. Only 23% of participants in our Analytics and Data Benchmark Research reported that more than one-half of their organization’s workforce are using analytics. There are many elements to becoming a data-driven organization, as my colleague Matt Aslett points out, but analytics are a necessary component. Our research shows that organizations recognize the...

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        Topics: embedded analytics, Analytics, Analytics and Data

        I recently noted that as demand for real-time interactive applications becomes more pervasive, the use of streaming data is becoming more mainstream. Streaming data and event processing has been part of the data landscape for many decades, but for much of that time, data streaming was a niche activity. Although adopted in industry segments with high-performance, real-time data processing and analytics requirements such as financial services and telecommunications, data streaming was far less...

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        Topics: Big Data, Data, Streaming Analytics, Streaming Data Events, Analytics and Data

        The analytics and business intelligence market landscape continues to grow as more organizations seek robust tools and capabilities to visualize and better understand data. BI systems are used to perform data analysis, identify market trends and opportunities and streamline business processes. They can collect and combine data from internal and external systems to present a holistic view.

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        Topics: Analytics, Business Intelligence, Data Governance, Data Management, Analytics and Data, AI and Machine Learning

        I often use the term “analytics” to refer to a broad set of capabilities, deliberately broader than business intelligence. In this Perspective, I’d like to share what decision-makers should consider as they evaluate the range of analytics requirements for their organization.

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        Topics: Business Intelligence, natural language processing, Streaming Analytics, Analytics and Data, AI and Machine Learning

        When joining Ventana Research, I noted that the need to be more data-driven has become a mantra among large and small organizations alike. Data-driven organizations stand to gain competitive advantage, responding faster to worker and customer demands for more innovative, data-rich applications and personalized experiences. Being data-driven is clearly something to aspire to. However, it is also a somewhat vague concept without clear definition. We know data-driven organizations when we see them...

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        Topics: embedded analytics, Analytics, Business Intelligence, Data Governance, Data Integration, Data, Digital Technology, natural language processing, data lakes, data operations, Streaming Analytics, Streaming Data Events, Analytics and Data, AI and Machine Learning

        We’ve recently published our latest Benchmark Research on Data Governance and it’s fair to say, “you’ve come a long way, baby.” Many of you reading this weren’t around when that phrase was introduced in 1968 to promote Virginia Slims cigarettes, but you may have heard the phrase because it went on to become a part of popular culture. We’ve learned a lot about cigarettes since then, and we’ve learned a lot about data governance, too.

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        Topics: Big Data, Data Governance, Data Management, Analytics and Data

        I recently wrote about the growing range of use cases for which NoSQL databases can be considered, given increased breadth and depth of functionality available from providers of the various non-relational data platforms. As I noted, one category of NoSQL databases — graph databases — are inherently suitable for use cases that rely on relationships, such as social media, fraud detection and recommendation engines, since the graph data model represents the entities and values and also the...

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        Topics: business intelligence, Analytics, Cloud Computing, Data, Digital Technology, Analytics and Data, AI and Machine Learning

        I previously described the concept of hydroanalytic data platforms, which combine the structured data processing and analytics acceleration capabilities associated with data warehousing with the low-cost and multi-structured data storage advantages of the data lake. One of the key enablers of this approach is interactive SQL query engine functionality, which facilitates the use of existing business intelligence (BI) and data science tools to analyze data in data lakes. Interactive SQL query...

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        Topics: Analytics, Business Intelligence, Cloud Computing, Data, Digital Technology, data lakes, data operations, Analytics and Data, AI and Machine Learning

        I’ve never been a fan of talking about semantic models because most of the workforce probably doesn’t understand what they are, or doesn’t recognize them by name. But the findings in our recent Analytics and Data Benchmark Research have changed my mind. The research shows how important a semantic model can be to the success of data and analytics processes. Organizations that have successfully implemented a semantic model are more than twice as likely to report satisfaction with analytics (77%)...

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        Topics: Business Intelligence, Data Management, data operations, Analytics and Data, AI and Machine Learning

        As I recently described, it is anticipated that the majority of database workloads will continue to be served by specialist data platforms targeting operational and analytic workloads, albeit with growing demand for hybrid data processing use-cases and functionality. Specialist operational and analytic data platforms have historically been the since preferred option, but there have always been general-purpose databases that could be used for both analytic and operational workloads, with tuning...

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        Topics: Analytics, Business Intelligence, Cloud Computing, Data, Digital Technology, Analytics and Data

        I recently described the use cases driving interest in hybrid data processing capabilities that enable analysis of data in an operational data platform without impacting operational application performance or requiring data to be extracted to an external analytic data platform. Hybrid data processing functionality is becoming increasingly attractive to aid the development of intelligent applications infused with personalization and artificial intelligence-driven recommendations. These...

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        Topics: Analytics, Business Intelligence, Cloud Computing, Data, Digital Technology, Analytics and Data, AI and Machine Learning

        There is a fundamental flaw in information technology, or at least in the way it is most commonly delivered. Most technology systems are developed under the assumption that all people will use the system primarily in the same way. Sure, there are some options built in — perhaps the same action can be initiated by either clicking on a button, selecting a menu item or invoking a keyboard short-cut. The problem is that when every variation needs to be coded into the system, the prospect of...

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        Topics: Business Intelligence, Data Management, natural language processing, data operations, Analytics and Data, AI and Machine Learning

        The server is a key component of enterprise computing, providing the functional compute resources required to support software applications. Historically, the server was so fundamentally important that it – along with the processor, or processor core – was also a definitional unit by which software was measured, priced and sold. That changed with the advent of cloud-based service delivery and consumption models.

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        Topics: Business Continuity, Cloud Computing, Data, Digital Technology, Analytics and Data

        Over a decade ago, I coined the term NewSQL to describe the new breed of horizontally scalable, relational database products. The term was adopted by a variety of vendors that sought to combine the transactional consistency of the relational database model with elastic, cloud-native scalability. Many of the early NewSQL vendors struggled to gain traction, however, and were either acquired or ceased operations before they could make an impact in the crowded operational data platforms market....

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        Topics: Business Continuity, Cloud Computing, Data, Digital Technology, Analytics and Data

        I recently wrote about the importance of data pipelines and the role they play in transporting data between the stages of data processing and analytics. Healthy data pipelines are necessary to ensure data is integrated and processed in the sequence required to generate business intelligence. The concept of the data pipeline is nothing new of course, but it is becoming increasingly important as organizations adapt data management processes to be more data driven.

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        Topics: Analytics, Business Intelligence, Data Governance, Data Integration, Data, Digital Technology, Digital transformation, data lakes, data operations, Streaming Data Events, Analytics and Data, AI and Machine Learning

        I recently described the growing level of interest in data mesh which provides an organizational and cultural approach to data ownership, access and governance that facilitates distributed data processing. As I stated in my Analyst Perspective, data mesh is not a product that can be acquired or even a technical architecture that can be built. Adopting the data mesh approach is dependent on people and process change to overcome traditional reliance on centralized ownership of data and...

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        Topics: Business Continuity, Analytics, Business Intelligence, Data Governance, Data Integration, Data, Digital Technology, data lakes, Analytics and Data

        I have written previously that the world of data and analytics will become more and more centered around real-time, streaming data. Data is created constantly and increasingly is being collected simultaneously. Technology advances now enable organizations to process and analyze information as it is being collected to respond in real time to opportunities and threats. Not all use cases require real-time analysis and response, but many do, including multiple use cases that can improve customer...

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        Topics: business intelligence, Analytics, Internet of Things, Data, Digital Technology, Streaming Analytics, Streaming Data Events, Analytics and Data, AI and Machine Learning

        Data mesh is the latest trend to grip the data and analytics sector. The term has been rapidly adopted by numerous vendors — as well as a growing number of organizations —as a means of embracing distributed data processing. Understanding and adopting data mesh remains a challenge, however. Data mesh is not a product that can be acquired, or even a technical architecture that can be built. It is an organizational and cultural approach to data ownership, access and governance. Adopting data mesh...

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        Topics: Analytics, Business Intelligence, Data Governance, Data Integration, Data, Digital Technology, Digital transformation, data lakes, data operations, Streaming Data Events, Analytics and Data

        For years, maybe decades, we have heard about the struggles between IT and line-of-business functions. In this perspective, we will look at some of the data from our Analytics and Data Benchmark Research about the roles of IT and line-of-business teams in analytics and data processes. We will also look at some of the disconnects between these two groups. And, by looking at how organizations are operating today and the results they are achieving, we can discern some of the best practices for...

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        Topics: Analytics, Business Intelligence, Data, Digital Technology, Analytics and Data, AI and Machine Learning

        As businesses become more data-driven, they are increasingly dependent on the quality of their data and the reliability of their data pipelines. Making decisions based on data does not guarantee success, especially if the business cannot ensure that the data is accurate and trustworthy. While there is potential value in capturing all data — good or bad — making decisions based on low-quality data may do more harm than good.

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        Topics: Data Governance, Data Integration, Data, Digital Technology, data lakes, data operations, Analytics and Data

        I recently described how the data platforms landscape will remain divided between analytic and operational workloads for the foreseeable future. Analytic data platforms are designed to store, manage, process and analyze data, enabling organizations to maximize data to operate with greater efficiency, while operational data platforms are designed to store, manage and process data to support worker-, customer- and partner-facing operational applications. At the same time, however, we see...

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        Topics: embedded analytics, Analytics, Business Intelligence, Data, Digital Technology, Streaming Data Events, Analytics and Data, AI and Machine Learning

        Ventana Research recently announced its 2022 Market Agenda for Analytics, continuing the guidance we have offered for nearly two decades to help organizations derive optimal value from technology investments in order to improve business outcomes.

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        Topics: embedded analytics, Analytics, Business Intelligence, Digital Technology, natural language processing, Process Mining, Collaborative & Conversational Computing, Analytics and Data

        Organizations today are working with multiple applications and systems, including enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and other systems, where data can easily become fragmented and siloed. And as the organization increases its data sources and adds more systems and custom applications, it becomes challenging to manage the data consistently and keep data definitions up to date. This increases the need to use master data...

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        Topics: Analytics, Business Intelligence, Data Governance, Data Integration, Data, Digital Technology, Analytics and Data

        The need for data-driven decision-making requires organizations to transform not only the approach to business intelligence and data science but also accelerate the development of new operational applications that support greater business agility, enable cloud- and mobile-based consumption, and deliver more interactive and personalized experiences. To stay competitive, organizations need to prioritize the development of new, data-driven applications. As a result, many have been encouraged to...

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        Topics: Analytics, Cloud Computing, Analytics and Data

        Breaking into the database market as a new vendor is easier said than done given the dominance of the sector by established database and data management giants, as well as the cloud computing providers. We recently described the emergence of a new breed of distributed SQL database providers with products designed to address hybrid and multi-cloud data processing. These databases are architecturally and functionally differentiated from both the traditional relational incumbents (in terms of...

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        Topics: Cloud Computing, Data, Digital Technology, Digital transformation, Analytics and Data
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        • Ventana Research’s Analyst Perspectives are fact-based analysis and guidance on business, industry and technology vendor trends. Each Analyst Perspective presents the view of the analyst who is an established subject matter expert on new developments, business and technology trends, findings from our research, or best practice insights.

          Each is prepared and reviewed in accordance with Ventana Research’s strict standards for accuracy and objectivity and reviewed to ensure it delivers reliable and actionable insights. It is reviewed and edited by research management and is approved by the Chief Research Officer; no individual or organization outside of Ventana Research reviews any Analyst Perspective before it is published. If you have any issue with an Analyst Perspective, please email them to ChiefResearchOfficer@ventanaresearch.com

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