17 Statistics Forecasting the Future of Business Intelligence in the Cloud

Grazed from Business2Community. Author: Tricia Morris.

As once common objections and concerns around moving to the cloud (such as security) begin to wane, organizations are identifying and prioritizing their IT and business initiatives that might benefit most from a cloud deployment. Business intelligence and analytics is one of those key initiatives. Within the next few years, it is predicted that cloud will be the preferred delivery mechanism for analytics.

But many organizations are already there. In a Deloitte, EMA and Informatica State of Cloud Analytics Report survey, 70.1% of the respondents say cloud is already an essential part of their analytics strategy. Does the forecast call for greater cloud coverage in enterprise analytics? See what’s trending now and what’s in store:...

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Cloud Computing: Microsoft's Business Intelligence Service Gets a Power Boost

Grazed from TopTechNews.  Author: Dan Heilman.

An updated version of Microsoft’s Power BI service will be released July 24, the company announced Friday. The goal of the updated service is to enable business users to benefit from business intelligence and analytics without requiring sophisticated help from analysts, data scientists, or other tech staff.
The new set of business-intelligence tools will replace Microsoft's current Power BI for Office 365 service. Also available on July 24 will be Power BI Desktop -- formerly known as Power BI Designer.
Enhancements to the Power BI Desktop include new visualizations; visualization formatting; more source support to include Zendesk, Intuit Quickbooks Online and AppFigures, among others; and direct connection to SQL Server Analysis Services tabular models for data exploration...

Embedding BI In The Cloud

Grazed from TalkinCloud. Author: Mike Vizard.

One of the biggest limitations of most software-as-a-service (SaaS) and mobile applications is that they generally don't come with much in the way of business intelligence (BI) functionality built into the application. This usually results in end users having to fire up yet another application to analyze data inside any given application.

Now TIBCO Software is making it simpler to embed business intelligence inside a multi-tenant cloud application environment with the release of version 6.1 of TIBCO Jaspersoft BI software. Mike Boyarski, director of product marketing for TIBCO Analytics at TIBCO Software, said enhanced for support for multi-tenant clouds, coupled with support for JavaScript, application programming interfaces (APIs) and HTML5, will make it a lot easier to embed BI functionality directly into an array of mobile and SaaS application services...

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Cloud, Mobility & BI: Interop's Applications Track

Grazed from InformationWeek. Author: Andrew Conry Murray.

Mobility and cloud computing are transforming application delivery and development. IT has to keep up with these transformations to ensure that end users and customers have a good experience regardless of where the application runs. At the same time, IT is responsible for security, governance, compliance and the reams and reams of data these applications consume and generate. Interop’s Applications track helps IT meet this tall order with a mix of real-world case studies and in-depth workshops and tech sessions. Here’s a sample of what you’ll find.

Transforming Data Into Information And Knowledge

This workshop delves into data analytics and how it can be applied to change the way work is planned, accomplished and improved. The workshop looks at industry examples, including healthcare, to show how raw data can be transformed into actionable information. It will also provide an overview of the different data analytics technologies available, and share tips on how to get a data analytics project off the ground...

Cloud Computing: Self-Service BI is a major problem

Grazed from BusinessCloud. Author: Ian Murphy.

One of the key benefits of Software as a Service (SaaS), cloud, containers and even application virtualisation is the ability to create a self-service approach for users and customers. According to a survey by Matillion that took 12 months, covered 150 countries, 18 business sectors and involved responses from 10,000 senior decision makers, the promise of self-service for Business Intelligence (BI) is more myth than substance.

The survey, which can be found here (registration required), focused on one single question: "What is your biggest challenge around management" and respondents were given seven options to choose from.

  • Freeing up IT resource from reporting/analytics
  • Replacing a BI system
  • Delivering mobile BI
  • Reducing the cost of producing reports
  • Unlocking data buried in systems
  • Reporting/analysing across multiple systems
  • Delivering self-service reporting/analysis...

Cloud-based data analytics levels the BI playing field

Grazed from TechTarget. Author: Caitlin White.

Enterprise IT has found the business intelligence value of big data, but SMBs and startups without money or staff have missed out on the benefits of data analytics. Analyzing petabytes and exabytes of unstructured data on-premises requires significant overhead. Companies need the staff, resources and time to prepare the data for analytics -- before it's even ready to be mined for business intelligence (BI).

As a result, smaller businesses, particularly those in the start-up phase, don't have access to intelligence that could enhance the business. Cloud computing, with its minimal overhead and upfront costs, could level the playing field. "Cloud-based tools lower the barriers to entry [by] creating readily understandable graphics for complex, data rich topics," said Dan Sullivan principal of DS Applied Technologies, LLC...

Cloud Computing: Will the rise of self-service BI tools lead to the demise of the data scientist?

Grazed from TechTarget. Author: Nicole Laskowski.

Is this the beginning of the end for the vaunted data scientist? That's the clever pitch from Tableau Software, one of a handful of business intelligence vendors pushing the envelope on self-service BI tools. Because the software's user interface offers drag-and-drop features, even users without a strong math background can build visualizations and interrogate the data, the vendor promises.

Tableau isn't the only one with a strong self-service play. More and more vendors are offering analytical packaged applications that mask the complexity of analytics on the back end with easy-to-use features, which begs the question: Are data scientists just experiencing their 15 minutes of fame?...

BI and SaaS: A Winning Combination

Grazed from Midsize Insider. Author: Marissa Tejada.

Business Intelligence (BI) is getting a market push thanks to Software as a Service (SaaS). A new report by Gartner found certain services, like SaaS, are helping to move the business intelligence market ahead. Midsize firms are part of this market growth because they often consider and implement SaaS, which has become a popular entry point for various BI solutions.

What's Pushing the Market

The report, covered by Information Management found that besides SaaS, data discovery also helped support the business intelligence market. Gartner found that business intelligence, CPM, and analytic software revenue topped more than $13 billion last year. However, the research firm also found that overall spending went down approximately $700 million due to the economic climate, although it remains one of the largest IT segments. Earlier in the year, Gartner had predicted the market would grow by almost 25 percent up until 2017 to reach more than $17 billion...

Business intelligence PaaS launched by Information Builders

Grazed from CloudPro. Author: James Sterling.

Business intelligence (BI) and analytics company Information Builders has launched a Platform-as-a-Service (PaaS) offering to help customers benefit from the flexibility of the cloud while using its products. Dubbed Cloud Hosting Services, the offering includes over 10 datacentres, which according to Information Builders span every geographic region.

The organisation claims it is tapping into enterprises’ desire to take advantage of the flexibility and cost efficiencies offered by cloud computing by enabling companies to use its information management system on a public or private cloud platform...

Cloud Computing: Business Intelligence Startup RJMetrics Raises $6.25M

Grazed from TechCrunch. Author: Eric Eldon.

In the big new world of business intelligence, RJMetrics has found a market helping e-commerce companies easily analyze operations data and make smarter decisions as a result. Big startups have signed on, including Fab, Bonobos, Threadless and thousands of smaller businesses. Today, the momentum has landed the Philadelphia enterprise startup a $6.5 million first venture round led by Trinity Ventures.

SaaS BI, as online business analysis software is called within the industry, is full of competitors. Tableau Software, which is planning to IPO, along with GoodData, Domo and others have been successfully selling to big companies that need complex integrations to best analyze their own data. On the low end, Datahero and Chartio provide quick and inexpensive ways for a small business to get some quality integrations...