Fastest-Growing Category of Cloud Computing: Business Intelligence and Analytics
Will the cloud push business intelligence and analytics to a whole new level? Since cloud-based services can support massive amounts of data and provide it in a consistent manner across enterprises, there’s reason to believe that even the most technology-averse organizations will have a way to compete on analytics, just as the big players do.
To be sure, we’re still only in the early stages cloud-based BI and analytics. A new survey report from Saugatuck Technology concludes that, as of year-end 2011, only about 13% of enterprises worldwide – including all industries and all sizes of enterprises – indicated that they had cloud-based BI/advanced analytics solutions in place and in use.
But this is about to change. Saugatuck’s survey also shows that cloud-based BI and analytics will be among the fastest-growing cloud-based business management solution types through the next two years. Cloud-based BI and analytics will see an 84% compound annual growth rate over this period. This is based on a survey sample of 200 user enterprise IT and business leaders, along with input from about 30 vendors…
If you’ve been reading my
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