Predictive analytics has the potential to help businesses increase the impacts of their actions by creating indicators that represent future outcomes based on existing behavior. This process becomes more complicated when they have to apply predictive analytics to what we call big data environments. As yet only 13 percent of organizations are using predictive analytics according to our business analytics benchmark research, although 37 percent indicated that predictive capabilities are very important to their business analytics efforts. Opera Solutions is one of the larger vendors of dedicated predictive analytics software, having more than 650 employees, more than 200 of them data scientists, who help organizations turn their data into actionable intelligence. There is opportunity for the company, as predictive analytics and visualization of data are two capabilities not available in four out of every five organizations according to our big-data benchmark research. Beyond creating indicators, Opera Solutions’ applications can generate signals that present results not only visually but also in English sentences that integrate the analytics and provide guidance for determining next steps. This sophisticated capability can help improve business processes and refine decision-making and truly interact with the application.
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Topics:
Big Data,
Predictive Analytics,
Opera Solutions,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Technology,
CIO,
Cloud Computing,
Information Management,
Information Technology,
Operational Intelligence,
Business Performance Management (BPM),
Information Applications (IA),
Information Management (IM),
IT Performance Management (ITPM)
At this week’s SAPPHIRE NOW (Twitter #SAPPHIRENOW) annual conference, SAP unveiled a refreshed cloud computing strategy and released technology that addresses its new cloud computing business priorities regarding customers, people, money and suppliers. It’s a good time to see what has changed since my analysis at the SAP Analyst Influencer Summit last December.
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Topics:
SAP,
Human Capital Management,
Mobile Technology,
Business Analytics,
Business Mobility,
Business Technology,
CIO,
Cloud Computing,
Information Management,
Information Technology,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Sales Performance Management (SPM)
Informatica has announced a major release, version 9.5, of its software platform, which will be generally available in June. The company’s data integration technologies will support the new generation of computing that includes big data, cloud computing, mobile and social media. These computing environments, which our firm has defined as key business technology drivers for this decade, have a compelling impact on the data that enterprises create and use. Being smart about integrating and utilizing significant volumes of data is essential; continuously copying and storing duplicate versions of data is not the best path forward.
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Topics:
Big Data,
Mobile Technology,
Business Analytics,
Business Intelligence,
Business Mobility,
Business Technology,
CIO,
Cloud Computing,
Governance, Risk & Compliance (GRC),
Informatica,
Information Applications,
Information Management,
Information Technology,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
IT Performance Management (ITPM),
Supply Chain Performance Management (SCPM),
Strata+Hadoop
With the release of Business Analytics version 4.5, Pentaho has expanded its platform and tools to address the needs of business and IT. The product has come a long way since the version 4 release less than a year ago, which broke ground in ease of use and support for big-data sources. Advancing beyond its roots in business intelligence, Pentaho Business Analytics 4.5 addresses data discovery, data integration and data mining and provides visual discovery and analytics that operate against stores of big data.
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Topics:
Big Data,
Pentaho,
Mobile Technology,
Business Analytics,
Business Intelligence,
Business Mobility,
Business Technology,
CIO,
Cloud Computing,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Information Technology,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
IT Performance Management (ITPM),
Supply Chain Performance Management (SCPM),
Strata+Hadoop
Making business use of the vast amount of information on the Web and Internet along with a company’s intranet is no easy task. Kapow Software aims to help by providing tools to define and virtualize access to information, integrate it with other information, such as that in databases, and present it in a useful format. The tool can supply access to data from legacy applications such as PeopleSoft and Siebel, newer applications from Oracle and SAP and applications in cloud computing environments, such as Salesforce.com’s. And Kapow Software not only accesses and integrates information from applications but also enriches it.
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Topics:
Big Data,
Mobile Technology,
Business Analytics,
Business Intelligence,
Business Mobility,
Business Technology,
CIO,
Cloud Computing,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Information Technology,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
IT Performance Management (ITPM),
Kapow,
Supply Chain Performance Management (SCPM),
Strata+Hadoop
Business intelligence software is increasingly mobile, becoming available via smartphones and tablets and now enabling planning and what-if scenarios to determine the impacts of changes that might be made to improve performance. InetSoft, which has been providing business intelligence tools for more than 15 years, has advanced its technologies to address these trends. The company recently announced version 11.2 of InetSoft Style Intelligence, adding many new capabilities. Among them, the software now allows users to modify data within its Viewsheet data worksheet and provides database write-back to support a range of needs. It also lets users export and manipulate data within Microsoft Excel and then import it back into Style Intelligence for further use.
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Topics:
Business Analytics,
Business Intelligence,
Business Technology,
CIO,
Cloud Computing,
InetSoft,
Information Applications,
Information Management,
Information Technology,
Business Performance Management (BPM),
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
IT Performance Management (ITPM),
Sales Performance Management (SPM)
Thanks to Datawatch, businesses may find themselves buying and deploying fewer new business analytics and business intelligence tools. As I noted in my analysis last year, the company’s new management has begun to transition it to a more appealing market position in which it helps enterprises use analytics to improve operational efficiency and decision-making. The Datawatch products focus on data virtualization – that is, accessing data from multiple sources not usually seen as accessible for analysis, such as reports and documents in Adobe Acrobat format, production systems, streams coming from cloud computing or print output, or even legacy systems. The value of this lies in reducing the time it takes to access such data and integrate it with other data to create enriched information and analytics.
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Topics:
Business Analytics,
Business Intelligence,
Business Technology,
CIO,
Cloud Computing,
Governance, Risk & Compliance (GRC),
Information Applications,
Information Management,
Information Technology,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Datawatch,
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
IT Performance Management (ITPM),
Supply Chain Performance Management (SCPM)
Splunk recently entered the financial markets as a publicly traded company (NASDAQ: SPLK) and also entered a new phase in its corporate growth. Splunk combines the power of search and discovery with analytics on data generated by IT systems, that they call machine data, and provide insight for a new generation of operational intelligence that helps everyone in IT including the CIO determine the efficiency of its systems that support business. The company has built a platform that can index data on a large scale (“big data”) for rapid analysis and search. They also through its analytics provide the ability to perform visual and data discovery which is critical to reduce the time to determining unknown issues in existing IT systems. This helps IT staff ascertain not just the performance but the efficiency of systems that operate on a 24-by-7 basis. Splunk’s software operates in real time, surpassing the traditional methods of applying business intelligence against a data warehouse – a practice that’s ineffective for use in IT, where time is not the CIO’s friend when it comes to understanding issues or opportunities for improvement. Splunk has grown rapidly, partly because it’s simple to download and try, and then to license for use in production. It has more than 3,300 licensed customers in 75 countries. The management team is led by CEO Godfrey Sullivan, who has experience and a track record at companies such as Hyperion.
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Topics:
Big Data,
Social Media,
Operational Performance Management (OPM),
Splunk,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Technology,
CIO,
Cloud Computing,
Governance, Risk & Compliance (GRC),
Information Management,
Information Technology,
IT Analytics,
Location Intelligence,
Machine data,
Operational Intelligence,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
IT Performance Management (ITPM),
Supply Chain Performance Management (SCPM),
Strata+Hadoop
Through a series of acquisitions and organic development over the last five years, IBM has established itself as a leader in enterprise big data for business analytics. I recently wrote about IBM Smarter Analytics, which brings together the company’s portfolio of software, systems and services from analytics to big data. But supporting big data requires the ability to access many sources of information; our benchmark research on big data found that more than half of organizations require information from external sources, and that requires some software flexibility.
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Topics:
Big Data,
Social Media,
Sustainability,
Vivisimo,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Technology,
CIO,
Cloud Computing,
Cloudera,
Governance, Risk & Compliance (GRC),
IBM,
Information Management,
Information Technology,
Location Intelligence,
Operational Intelligence,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
IT Performance Management (ITPM),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM),
Strata+Hadoop
The increasing pressure to store, retrieve and process data on an unprecedented scale in the enterprise has created a market for processes and tools to support it. Big data, as it’s widely known, is one of the six business technology innovations of the decade outlined in our research agenda, and it has created a renaissance in data management. Our benchmark research on big data finds the top benefits of it to be the ability to retain and analyze more data (74%) and to increase the speed of analysis (70%). In this context a vendor named Datameer comes in.
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Topics:
Big Data,
Datameer,
Social Media,
Sustainability,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Mobility,
Business Technology,
CIO,
Cloud Computing,
Governance, Risk & Compliance (GRC),
Information Management,
Information Technology,
Location Intelligence,
Operational Intelligence,
Business Performance Management (BPM),
Customer Performance Management (CPM),
Financial Performance Management (FPM),
Information Applications (IA),
Information Management (IM),
IT Performance Management (ITPM),
Sales Performance Management (SPM),
Supply Chain Performance Management (SCPM),
Workforce Performance Management (WPM),
Strata+Hadoop
