Mark Smith's Analyst Perspectives

Big Data Research Agenda and Trends are Bolder in 2015

Posted by Mark Smith on Feb 7, 2015 9:46:10 PM

Big data has become a big deal as the technology industry has invested tens of billions of dollars to create the next generation of databases and data processing. After the accompanying flood of new categories and marketing terminology from vendors, most in the IT community are now beginning to understand the potential of big data. Ventana Research thoroughly covered the evolving state of the big data and information optimization sector in 2014 and will continue this research in 2015 and beyond. As it progresses the importance of making big data systems interoperate with existing enterprise and information architecture along with digital transformation strategiesbecomes critical. Done properly companies can take advantage of big data innovations to optimize their established business processes and execute new business strategies. But just deploying big data and applying analytics to understand it is just the beginning. Innovative organizations must go beyond the usual exploratory and root-cause analyses through applied analytic discovery and other techniques. This of course requires them to develop competencies in information management for big data.

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Topics: Big Data, MapR, Predictive Analytics, SAP, Human Capital, Mulesoft, Operational Performance Management (OPM), Paxata, SnapLogic, Splunk, Business Analytics, Cloud Computing, Cloudera, Hadoop, Hortonworks, IBM, Informatica, Information Management, Operational Intelligence, Oracle, Business Intelligence (BI), Business Performance Management (BPM), Customer Performance Management (CPM), Datawatch, Dell Boomi, Financial Performance Management (FPM), Information Management (IM), Information Optimization, Sales Performance Management (SPM), Savi, Sumo Logic, Supply Chain Performance Management (SCPM), Tamr, Trifacta

Big Data Requires Integration Technology

Posted by Ventana Research on Nov 7, 2014 5:56:45 AM

The market for big data continues to grow as organizations try to extract business value from their own masses of data and other sources. Earlier this year I outlined the dynamics of the business opportunity for big data and information optimization. We continue to see advances as big data and associated information technologies deliver more value, but the range of innovation also has created fragmentation among existing systems including databases that are managed onpremises or in cloud computing environments. In this changing environment organizations encounter new challenges not only in adapting to technology that is more efficient in automating data processing but also in integrating it into their enterprise architecture. I’ve already explained how big data can be ineffective without integration, and we conducted more in-depth research into the market, resulting in our benchmark research on big data integration, which reveals the state of how organizations are adopting this technology in their processes.

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Topics: Big Data, Business Analytics, Information Management, Information Applications (IA), Information Management (IM), Information Optimization

Teradata Takes Bigger Approach to Big Data

Posted by Mark Smith on Jun 17, 2014 9:17:38 AM

Teradata continues to expand its information management and analytics technology for big data to meet growing demand. My analysis last year discussed Teradata’s approach to big data in the context of its distributed computing and data architecture. I recently got an update on the company’s strategy and products at the annual Teradata analyst summit. Our big data analytics research finds that a broad approach to big data is wise: Three-quarters of organizations want analytics to access data from all sources and not just one specific to big data. This inclusive approach is what Teradata as designed its architectural and technological approach in managing the access, storage and use of data and analytics.

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Topics: Big Data, Teradata, Operational Performance Management (OPM), Analytics, Business Analytics, Cloud Computing, Information Management, NoSQL, Business Intelligence (BI), Business Performance Management (BPM), Customer Performance Management (CPM), Financial Performance Management (FPM), Information Applications (IA), Information Management (IM), IT Performance Management (ITPM), JSON, Sales Performance Management (SPM), Supply Chain Performance Management (SCPM), UDA, Workforce Performance Management (WPM)

SAS Unifies Big Data for Business and IT

Posted by Mark Smith on Mar 12, 2014 6:45:57 AM

Many businesses are close to being overwhelmed by the unceasing growth of data they must process and analyze to find insights that can improve their operations and results. To manage this big data they find a rapidly expanding portfolio of technology products. A significant vendor in this market is SAS Institute. I recently attended the company’s annual analyst summit, Inside Intelligence 2014 (Twitter Hashtag #SASSB). SAS reported more than $3 billion in software revenue for 2013 and is known globally for its analytics software. Recently it has become a more significant presence in data management as well. SAS provides applications for various lines of business and industries in areas as diverse as fraud prevention, security, customer service and marketing. To accomplish this it applies analytics to what is now called big data, but the company has many decades of experience in dealing with large volumes of data. Recently SAS set a goal to be the vendor of choice for the analytic, data and visualization software needs for Hadoop. To achieve this aggressive goal the company will have to make significant further investments in not only its products but also marketing and sales. Our benchmark research on big data analytics shows that three out of four (76%) organizations view big data analytics as analyzing data from all sources, not just one, which sets the bar high for vendors seeking to win their business.

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Topics: Big Data, Predictive Analytics, SAS, Event Stream, Operational Performance Management (OPM), Analytics, Business Analytics, CIO, Data Management, Information Management, Location Intelligence, Operational Intelligence, Business Intelligence (BI), Business Performance Management (BPM), Customer Performance Management (CPM), Discoveryf, Information Applications (IA), Information Management (IM)

Ventana Research Technology Innovation Awards Are More Than Cool

Posted by Mark Smith on Aug 31, 2013 1:33:58 AM

In the realm of technology that matters for business and IT, our firm as part of our responsibility continually assesses the latest technology and how it can impact organizations’ efficiency and effectiveness. Our benchmark research in technology innovation found that 87% of participants indicated the importance of increasing the organization’s value through technology innovation. Every year we take our knowledge from research and technology briefings to focus on our Technology Innovation Awards and determine the vendors and products that have the potential to drive change in the market, the competitiveness of an organization’s business and sometimes just how efficiently a company operates. Our firm believes that Innovation can come from any size technology vendor from the smallest to the largest that are measured on a spectrum of attributes that contribute to the specific impact of the technology.

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Topics: Big Data, Datameer, Mobile, Sales, Social Media, Sustainability, Agility, Customer, ESRI, Globoforce, GRC, HCM, Kronos, Kyriba, Location Analytics, Marketing, NetBase, Office of Finance, Operational Performance Management (OPM), Overall Operational Leadership, Peoplefluent, Planview, SQLstream, VMWare, VPI, Analytics, Business Analytics, Business Collaboration, Business Intelligence, Business Mobility, CIO, Cloud Computing, Collaboration, Governance, Risk & Compliance (GRC), Hortonworks, IBM, Informatica, Information Builders, Information Management, KXEN, Location Intelligence, Operational Intelligence, Oracle, Business Intelligence (BI), Business Performance Management (BPM), Contact Center, Customer Performance Management (CPM), Datawatch, Financial Management, Financial Performance Management (FPM), Information Applications (IA), Information Management (IM), Information Optimization, Information Technology Leader, IT Analytics or Performance, IT Performance Management (ITPM), Johnson Controls Panoptix, Roambi, Sales Performance Management (SPM), Service & Supply Chain, Supply Chain Performance Management (SCPM), Upstream Works, Vertex, Workforce Performance Management (WPM), Xactly Corporation

Cisco to Foster Smarter Network of Data by Acquiring Composite Software

Posted by Mark Smith on Jun 21, 2013 12:50:35 PM

Cisco Systems has announced its intent to acquire Composite Software, which provides data virtualization to help IT departments interconnect data and systems; the purchase is scheduled to complete in early August. Cisco of course is known for its ability to interconnect just about anything with its networking technology; this acquisition will help it connect data better across networks. Over the last decade Composite had been refining the science of virtualizing data but had reached the peak of what it could do by itself, struggling to grow enough to meet the expectations of its investors, board of directors, employees, the market and visionary CEO Jim Green, who is well-known for his long commitment to improving data and technology architectures. According to press reports on the Internet, Cisco paid $180 million for Composite, which if true would be a good reward for people who have worked at Composite for some time and who were substantive shareholders.

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Topics: Big Data, Networking, Operational Performance Management (OPM), Business Analytics, Cloud Computing, Data Management, Governance, Risk & Compliance (GRC), Hadoop, Information Management, Business Performance Management (BPM), Cisco, Composite Software, Data Centers, Data Virtualization, Information Applications (IA), Information Management (IM), Information Optimization, Internet of Everything, IT Performance Management (ITPM)

Datawatch Acquires Panopticon for Big Data Discovery and Visualization across Business Processes

Posted by Mark Smith on Jun 20, 2013 9:31:17 AM

Business analytics can help organizations use data to find insights that lead to new opportunities and address issues unrecognized before. One player in this market is Datawatch, known for its tools for information optimization and harvesting value from big data including content and documents. I assessed the company earlier this year, and recently our firm recognized its customers’ achievements with 2013 Ventana Research Leadership Awards for Information Optimization with Phelps County Regional Medical Center and Governance, Risk and Compliance (GRC) with The Fauquier Bank.

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Topics: Big Data, SAP, GRC, Operational Performance Management (OPM), Panopticon, Analytics, Information Management, Operational Intelligence, Business Intelligence (BI), Business Performance Management (BPM), CEP, Customer Performance Management (CPM), Datawatch, Discovery, Financial Performance Management (FPM), Information Applications (IA), Information Management (IM), Information Optimization, risk management, Sales Performance Management (SPM), SAP HANA, Supply Chain Performance Management (SCPM), visual discovery

Informatica Has New Vibe for Information Optimization

Posted by Mark Smith on Jun 14, 2013 12:20:16 PM

Information management is important to every line of business that seeks to improve its business processes and decision-making. In response to pressure from those departments, CIOs and IT organizations must examine whether they have focused enough on the I for information and not just the T for technology, and if they have not, commit to taking this responsibility more seriously than in the past. Informatica is one vendor that realizes the potential of its information beyond just data integration, and this is reflected in its expanded product portfolio and position in the market over the last several years. Our firm has taken note of companies gaining value from using Informatica; we awarded our 2013 CIO Leadership Award to George Brenckle of UMass Memorial Health Care for his work to maximize the value of information assets through managing data innovatively. Informatica itself has enhanced its position by introducing its new brand and a new CMO and demonstrating commitment to change from its executive leadership team at the company’s recent 2013 user conference. The focus of the brand now is on helping business and IT find the full value of their information.

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Topics: Data Quality, Master Data Management, Operational Performance Management (OPM), PowerCenter, Analytics, Business Analytics, CIO, Cloud Computing, Data Integration, Information Applications, Information Management, Business Performance Management (BPM), Information Applications (IA), Information Management (IM), Information Optimization, Vibe

Four Types of Discovery Technology For Using Big Data Intelligently

Posted by Mark Smith on May 7, 2013 9:42:17 AM

Information technology for business is changing rapidly as organizations demand innovation to help them discover insights and facts. Our research into business technology innovation found analytics to be the top priority in 39 percent of organizations. Businesses feel pressure to be better, faster and smarter in operating processes, and understanding their various types of information is a key to success. Businesses are looking to capture value from all types of information both within the enterprise and on the Internet. In this context technology providers are now using the term “discovery” to capture potential buyers’ attention; it became an area for technology spending in 2012 and likely will be for years to come. In fact my colleague Tony Cosentino has identified discovery as one of the four pillars of big data analytics.

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Topics: Big Data, Event discovery, Operational Performance Management (OPM), Business Analytics, Business Intelligence, CIO, Information Management, Location Intelligence, Operational Intelligence, Visualization, Business Intelligence (BI), Business Performance Management (BPM), Customer Performance Management (CPM), Data, Data discovery, Financial Performance Management (FPM), Information Applications (IA), Information Discovery, Information Management (IM), information optimizations, Sales Performance Management (SPM), Supply Chain Performance Management (SCPM), visual discovery, Workforce Performance Management (WPM)

Datawatch Enables a New Generation of Information Optimization

Posted by Mark Smith on Apr 5, 2013 11:42:57 AM

When organizations need to optimize their business processes and improve operations and decisions, the often speak of having the right information at the right time, but don’t always make that a priority. This information optimization is often thought to be expensive and time-consuming, especially with advent of big data and disparate data sources across cloud and on-premises environments, as I have articulated. Datawatch can help business get to information of any variety or volume at any time through its access and integration tools. When I published my last analysis of Datawatch, it had made significant advancements in its platform, with enterprise-class reliability and support for business analytics through its data discovery and virtualization processes. Over the last year Datawatch continued to grow its business worldwide, and through investments into its marketing, sales and product efforts is finding more potential from existing and new customers. The company’s energized product efforts earned it our 2012 Technology Innovation Award for Information Applications for its Information Optimization Suite.

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Topics: Big Data, MapR, QlikView, Cloud Computing, Information Management, Uncategorized, Datawatch, Information Optimization