At one point, analytics and business intelligence were considered non-mission critical activities. One of the primary concerns in designing analytics systems was to ensure they didn’t interfere with or draw computing resources away from operational systems. But today, analytical systems are integral to many aspects of operations. More than 9 in 10 participants in our Analytics and Data Benchmark Research reported analytics had improved activities and processes. However, most analytics and BI...
Read More
Topics:
Analytics,
Business Intelligence,
Data Management,
Data,
Digital Technology,
data operations,
Analytics and Data
If I had a magic wand, I would want to add scenario evaluation to all business intelligence tools on the market. I have previously written about the need to make intelligent decisions with decision intelligence. The data and analytics markets have evolved so that organizations have far greater capabilities to utilize data in decision-making processes. While there is some convergence around the concept of decision intelligence, there are still several “islands” of decision-making. Analyzing...
Read More
Topics:
Analytics,
Business Intelligence,
Business Planning,
Digital Technology,
Analytics and Data
It is a mark of the rapid, current pace of development in artificial intelligence (AI) that machine learning (ML) models, until recently considered state of the art, are now routinely being referred to by developers and vendors as “traditional.” Generative AI, and large language models (LLMs) in particular, have taken the AI world by storm in the past year, automating and accelerating the development of content, including text, digital images, audio and video, as well as computer programs and...
Read More
Topics:
Analytics,
Business Intelligence,
Cloud Computing,
Data Governance,
Data,
Digital Technology,
natural language processing,
analytic data platforms,
Analytics and Data,
AI and Machine Learning
As I have previously explained, we expect an increased demand for intelligent operational applications infused with the results of analytic processes, such as personalization and artificial intelligence-driven recommendations. These systems rely on the analysis of data in the operational data platform to accelerate worker decision-making or improve customer experience.
Read More
Topics:
Analytics,
Data,
Digital Technology,
Streaming Analytics,
Streaming Data & Events,
Analytics and Data,
AI and Machine Learning
The publication of Ventana Research’s 2023 Operational Data Platforms Value Index earlier this year highlighted the importance of incorporating analytic processing into operational applications to deliver personalization and recommendations for workers, partners and customers. This importance is being accelerated by interest in generative AI, especially large language models. The emergence of intelligent applications has impacted the requirements for operational data platforms with the need to...
Read More
Topics:
Analytics,
Cloud Computing,
Data,
Digital Technology,
analytic data platforms,
Analytics and Data,
AI and Machine Learning
Despite best intentions, many organizations still struggle with some fundamental aspects of data processing and analytics. Taking data from operational applications and making it available for analysis is a first step, but data management remains a perennial challenge. Data movement and transformation difficulties can lead to delays and data quality problems that prevent organizations from generating value from data. The inability to govern and integrate data from multiple data sources prevents...
Read More
Topics:
Cloud Computing,
Data Management,
Data,
Digital Technology,
data operations,
Analytics and Data
I previously explained the arguments in favor of adoption of distributed SQL databases, the new generation of operational data platforms designed to combine the benefits of the relational database model and native support for distributed cloud architecture. It is critical for distributed SQL vendors to engage with developers to ensure they are considering the importance of resilience that spans multiple data centers and/or cloud regions as they choose the databases that will underpin...
Read More
Topics:
Cloud Computing,
Data,
Digital Technology,
Analytics and Data
Data fabric has grown in popularity as organizations struggle to manage data spread across multiple data centers, systems and applications. By providing a technology-driven approach to automating data management and governance across distributed environments, data fabric is attractive to organizations seeking to simplify and standardize data management. I assert that by 2025, more than 6 in 10 organizations will adopt data fabric technologies to facilitate the management and processing of data...
Read More
Topics:
Cloud Computing,
Data Management,
Data,
Digital Technology,
data operations,
analytic data platforms,
Analytics and Data
The data and analytics sector rightly places great importance on data quality: Almost two-thirds (64%) of participants in Ventana Research’s Analytics and Data Benchmark Research cite reviewing data for quality and consistency issues as the most time-consuming task in analyzing data. Data and analytics vendors would not recommend that customers use tools known to have data quality problems. It is somewhat surprising, therefore, that data and analytics vendors are rushing to encourage customers...
Read More
Topics:
Analytics,
Data Governance,
Data Management,
Data,
Digital Technology,
natural language processing,
Analytics and Data,
AI and Machine Learning
MicroStrategy is a long-standing business intelligence and analytics vendor that operates worldwide. Founded in 1989, this publicly traded company with hundreds of millions of dollars in revenue recently held its first in-person conference since prior to the pandemic. Similar to previous in-person events, the event was well attended by about 2,000 attendees and exhibitors. The theme, “MicroStrategy ONE,” is a way to explain the breadth of capabilities the company offers. The breadth of the...
Read More
Topics:
embedded analytics,
Analytics,
Business Intelligence,
Digital Technology,
natural language processing,
Analytics and Data