With Ventana Research’s 2023 Market Agenda, we continue the guidance we’ve offered for two decades to help organizations derive maximum value from digital business technology investments. Through our market research and expertise, we identify trends and best practices and share insights on how to achieve technological effectiveness, particularly in key processes and systems to engage the workforce.
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Topics:
Performance Management,
Business Continuity,
Digital transformation,
Digital Business,
Digital Security,
Digital Communications,
Work Management,
Experience Management,
Governance & Risk,
Sustainability & ESG
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: Organizations that link planning processes get better results. Sixty-six percent of organizations...
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Topics:
Predictive Analytics,
Office of Finance,
embedded analytics,
Business Intelligence,
Business Planning,
Financial Performance Management,
Watson,
Digital transformation,
digital finance,
AI & Machine Learning,
profitability management
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,
Digital Business,
AI & Machine Learning,
data platforms,
Analytics & Data,
Streaming Data & Events
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,
Digital Business,
data platforms,
Analytics & Data,
Streaming Data & Events
With the announcement of Ventana Research’s 2022 Market Agenda, our expertise in Digital Business continues to advance the market need for effective investments into technology, and I will outline here the key areas of focus to provide insights to organizations that can increase their organizational resilience and workforce readiness. We are proud to provide expertise on ensuring technological effectiveness through our market research and experience in providing guidance on trends and best...
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Topics:
Performance Management,
Business Continuity,
Governance, Risk & Compliance (GRC),
Digital transformation,
Digital Business,
Digital Security,
Digital Communications,
Sustainability Management,
Work Management,
Experience Management
As with many IT innovations, augmented reality (AR), extended reality (XR) and the related topic of spatial computing had been discussed to death long before they became a practical reality. As a user interface, AR is already well understood in terms of its ability to open vast new vistas in entertainment as well as making physical tasks, such as machinery maintenance and warehouse pick-and-pack, far more efficient. In the case of spatial computing, by using glasses to superimpose workflow...
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Topics:
Office of Finance,
Digital transformation,
natural language processing,
extended reality,
Digital Business,
robotic automation,
Collaborative & Conversational Computing
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,
Digital Business,
data platforms,
Analytics & Data
Digital transformation of the Office of Finance has been a recurring theme for several years, but adoption accelerated when offices were locked down and organizations had to collaborate remotely. It involves shifting manual work, often completed via spreadsheets circulating in emails, to software and systems for improved performance.
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Topics:
Performance Management,
Office of Finance,
Digital transformation,
Digital Business,
digital finance
When NICE acquired inContact in 2016, it began a transformation that saw it broaden its product offering and positioned itself to play a larger role in the contact center and customer experience industries. It was a prescient move, creating a firm that could supply end-to-end contact center functionality in the cloud. And it anticipated today’s market dynamic, in which NICE and its competitors are racing to define (and capitalize on) the post-contact center future.
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Topics:
Customer Experience,
Voice of the Customer,
Business Continuity,
Analytics,
Contact Center,
Data,
Digital transformation,
agent management,
Digital Business,
Experience Management,
Customer Experience Management,
Field Service,
AI & Machine Learning,
customer service and support
The age of digital communication platforms is upon us. The need has never been greater for an open and secure platform that satisfies the demand for enterprise-grade business and technology requirements. Overcoming today’s technology challenges is possible with a next-generation cloud-based delivery model that is both extensible and reliable. Organizations considering a digital communication platform can take decisive steps to ensure digital communications for everyone — inside, outside,...
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Topics:
Customer Experience,
Business Continuity,
Contact Center,
Digital transformation,
Digital Business,
Digital Communications,
Experience Management