ISG Software Research Analyst Perspectives

InterSystems Smart Data Fabric Supports Intelligent Applications

Posted by Matt Aslett on 14 February 2024

The increasing importance of intelligent operational applications driven by artificial intelligence (AI) is blurring the lines that have traditionally divided the requirements between operational and analytic data platforms. Operational data platforms have traditionally been deployed to support applications targeted at business users and decision-makers to run the business, with analytic data... Read More

Topics: embedded analytics, Analytics, Cloud Computing, analytic data platforms, Analytics and Data

2024 Market Agenda for Analytics and Data: Automating Intelligence

Posted by Matt Aslett on 26 January 2024

Ventana Research recently announced its 2024 Market Agenda for Analytics and Data, continuing the guidance we have offered for two decades to help enterprises derive optimal value and improve business outcomes. Enterprises of all sizes in all industries and geographies strive to improve efficiency, productivity and customer experiences through analytics and data. Doing so relies on the ability to... Read More

Topics: embedded analytics, Analytics, Business Intelligence, Data Governance, Data Management, natural language processing, data operations, Process Mining, Streaming Analytics, Streaming Data Events, analytic data platforms, Analytics and Data

The Buyers Guide for Embedded Analytics Classifies and Rates Vendors

Posted by David Menninger on 11 October 2023

I am happy to share insights gleaned from our latest Buyers Guide, an assessment of how well vendors’ offerings meet buyers’ requirements. The Ventana Research 2023 Embedded Analytics Buyers Guide is the distillation of a year of market and product research by Ventana Research. Drawing on our Benchmark Research, we apply a structured methodology built on evaluation categories that reflect the... Read More

Topics: embedded analytics, Analytics

Embedded Analytics Buyers Guide: Market Observations

Posted by David Menninger on 10 October 2023

The 2023 Ventana Research Buyers Guide for Embedded Analytics research enables me to provide observations about how the market has advanced. The processes and technology of the analytics and data software industry play an instrumental role in enabling an organization’s business units and IT to optimally utilize data in both tactical and strategic ways. To accomplish this, organizations must... Read More

Topics: embedded analytics, Analytics

GoodData’s Embedded Analytics Democratizes Data-Driven Decisions

Posted by David Menninger on 17 August 2023

The current market landscape of data and analytics is undergoing rapid evolution, presenting organizations with a wide array of challenges and opportunities. As data sources and warehouses steadily migrate to the cloud, a significant number of organizations still depend on conventional tools. This reliance on legacy systems hinders the seamless accessibility and adoption of analytics and business... Read More

Topics: embedded analytics, Analytics, Business Intelligence, Streaming Analytics, AI and Machine Learning

Data is the Strategic Raw Material of Finance Departments

Posted by Robert Kugel on 07 June 2023

The Office of Finance can be compared to a numbers factory where the main raw material, data, is transformed into financial statements, management accounting, analyses, forecasts, budgets, regulatory filings, tax returns and all kinds of reports. Data is the strategic raw material of the finance and accounting department. It is the key ingredient in every sale and purchase as well as every... Read More

Topics: Office of Finance, embedded analytics, Analytics, Business Intelligence, Data Management, Business Planning, ERP and Continuous Accounting, data operations, analytic data platforms, AI and Machine Learning

MicroStrategy World Showcases the Power of ONE Platform

Posted by David Menninger on 23 May 2023

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,... Read More

Topics: embedded analytics, Analytics, Business Intelligence, Digital Technology, natural language processing, Analytics and Data

Sigma Computing Makes Cloud Analytics More Accessible

Posted by David Menninger on 13 April 2023

Organizations are becoming increasingly aware of the potential value that can be gained by processing big data. As data sources grow, it becomes important to have tools and methods to effectively process, analyze and visualize this information from disparate systems and warehouses. Our Analytics and Data Benchmark Research shows that the majority of the workforce in an organization is not using... Read More

Topics: business intelligence, embedded analytics, Analytics, Streaming Analytics

Wiiisdom Automates Analytics Operations for Trusted Analyses

Posted by David Menninger on 15 March 2023

Data analytics provide valuable insights and enable organizations to make better decisions, improve performance and gain a competitive advantage in the marketplace. Analytics can change frequently depending on the data being analyzed and the methods used to gather and process it. Factors such as new data, changes in the underlying systems or updates to algorithms can all contribute to differences... Read More

Topics: embedded analytics, Analytics, Business Intelligence

insightsoftware Enables a Predictive and Effective Finance Department

Posted by Robert Kugel on 14 February 2023

insightsoftware provides applications for finance departments and other business users in midsize and larger organizations, offering a broad range of functions including analysis, internal and regulatory reporting, planning, consolidation, tax provision and treasury. The software brings together applications that enable business users to maximize data collected in existing systems and streamline... Read More

Topics: Office of Finance, embedded analytics, Business Intelligence, Business Planning, Financial Performance Management, ERP and Continuous Accounting

Prevedere Provides Predictive Insights with Analytics and Planning

Posted by David Menninger on 24 January 2023

Markets have been more volatile than ever. It creates a need for decision makers to utilize technologies such as artificial intelligence and machine learning (AI/ML) to better understand the external factors that impact their business. By identifying these factors, organizations can better plan for changing market environments and seize market opportunities. However, manual modeling is a... Read More

Topics: embedded analytics, Analytics, Business Intelligence, AI and Machine Learning

The 2023 Market Agenda for Analytics: Empowering Workforces to Engage

Posted by David Menninger on 17 January 2023

Ventana Research recently announced its 2023 Market Agenda for Analytics, continuing the guidance we have offered for nearly two decades to help organizations derive optimal value from technology investments to improve business outcomes. It has been exciting to follow innovations in the analytics market, but for businesses, capitalizing on these innovations can be challenging. To support this, I... Read More

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

Oracle Links Analytics and Business Intelligence in the Cloud

Posted by David Menninger on 29 December 2022

Organizations conduct data analysis in many ways. The process can include multiple spreadsheets, applications, desktop tools, disparate data systems, data warehouses and analytics solutions. This creates difficulties for management to provide and maintain updated information across multiple departments. Our Analytics and Data Benchmark Research shows that organizations face a variety of... Read More

Topics: embedded analytics, Analytics, Business Intelligence, natural language processing, AI and Machine Learning

Sisense is Sensible for Embedded Analytics and BI

Posted by David Menninger on 07 December 2022

Embedded business intelligence (BI) continues to transform the business landscape, enabling organizations to quickly interpret data and convert it into actionable insights. It allows organizations to extract information in real time and answer wide-ranging business questions. Embedding analytics helps tackle the issue of extracting information from data which is a time-consuming process. Our... Read More

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

IBM Builds on Analytics and BI Foundation

Posted by David Menninger on 29 November 2022

In today’s data-driven world, organizations need real-time access to up-to-date, high-quality data and analysis to keep pace with changing market dynamics and make better strategic decisions. By mining meaningful insights from enterprise data quickly, they gain a competitive advantage in the market. Yet, organizations face a multitude of challenges when transitioning into an analytics-driven... Read More

Topics: embedded analytics, Analytics, Business Intelligence, IBM, IBM Watson, AI and Machine Learning

IBM Planning Analytics Enables Agility Based on Insight

Posted by Robert Kugel on 18 November 2022

IBM Planning Analytics with Watson is a comprehensive, cloud-based business planning application that supports what Ventana Research calls integrated business planning. We coined this term in 2007 to describe a high-participation approach to business planning that integrates strategy, operations and finance. Our Next Generation Business Planning Benchmark Research demonstrated the value of IBP:... Read More

Topics: Predictive Analytics, Office of Finance, embedded analytics, Business Intelligence, Business Planning, Financial Performance Management, Watson, Digital transformation, AI and Machine Learning

Mind the Gap Between Data and Analytics

Posted by David Menninger on 16 November 2022

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. Part of the issue is that data and analytics tasks are... Read More

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

Palantir Operationalizes Analytics and Data for Actions and Decisions

Posted by David Menninger on 26 August 2022

Organizations are managing and analyzing large datasets every day, identifying patterns and generating insights to inform decisions. This can provide numerous benefits for an organization, such as improved operational efficiency, cost optimization, fraud detection, competitive advantage and enhanced business processes. By bringing the right, actionable data to the right user, organizations can... Read More

Topics: embedded analytics, Business Intelligence, Internet of Things, Streaming Analytics, AI and Machine Learning

Embed Analytics for Greater Reach and More Responsiveness

Posted by David Menninger on 18 August 2022

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... Read More

Topics: embedded analytics, Analytics, Analytics and Data

Tableau Brings Business Intelligence to Business Users

Posted by David Menninger on 26 July 2022

Organizations are collecting vast amounts of data every day, utilizing business intelligence software and data visualization to gain insights and identify patterns and errors in the data. Making sense of these patterns can enable an organization to gain an edge in the marketplace and plan more strategically. Tableau is a data visualization software company, acquired by Salesforce in 2019, that... Read More

Topics: embedded analytics, Analytics, Business Intelligence, AI and Machine Learning