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 strategies becomes 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.
Topics: Big Data, Business Analytics, Business Intelligence, Business Performance, Cloud Computing, Cloudera, Customer Performance, Datawatch, Dell Boomi, Financial Performance, Hortonworks, Human Capital, IBM, Informatica, Information Management, Information Optimization, MapR, Marketing, Mulesoft, Operational Intelligence, Operational Performance, Oracle, Paxata, Predictive Analytics, Sales Performance, SAP, Savi, SnapLogic, Splunk, Sumo Logic, Supply Chain Performance, Tamr, Trifacta, Strata+Hadoop
Paxata, a new data and analytics software provider says it wants to address one of the most pressing challenges facing today’s analyst performing analytics: simplifying data preparation. This trend toward simplification is well aligned with the market’s desire for improving usability, which our benchmark research into Next-Generation Business Intelligence shows is a primary buying consideration in two-thirds (64%) of companies. This trend is driving significant adoption of business-friendly-front-end visual and data discovery tools and is part of my research agenda for 2014.
Topics: Analytics, Big Data, Business Analytics, Business Intelligence, Business Performance, Customer & Contact Center, Data Discovery, Data Preparation, Information Applications, Information Management, IT Performance, Paxata