Title: Business analytics trends and opportunities
Abstract:Analytics (BA) remains an important research topic for the coming year. Many elements contribute to a successful BA solution. Within the business analytics team at IBM, we are looking closely at the f...Analytics (BA) remains an important research topic for the coming year. Many elements contribute to a successful BA solution. Within the business analytics team at IBM, we are looking closely at the following trends:
Business Analytics Marketplace: Buyers of Analytics software are changing. Purchasing decisions are no longer made exclusively by Information Technology departments. End users have a greater role in BA than ever before.
Business Intelligence: Business Intelligence is a set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision-making -- Source: Forrester
The heart of a Analytics solution is Intelligence (BI). Reporting and analysis are the main features visible to end users. Under the covers, BI is undergoing the biggest transformation since its inception over 40 years ago. Data warehouses are now more dynamic and timely. In many cases, these reporting mainstays are being replaced by ad hoc systems that can report over operational data. The shift toward Software Oriented Architecture (SOA) continues with the Cloud often being the ultimate destination.Read More
Publication Year: 2011
Publication Date: 2011-11-07
Language: en
Type: article
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