Throughout the course of our research in 2016, we’ll be exploring ways in which organizations can maximize the value of their data. Ventana Research believes that analytics is the engine and data is the fuel to power better business decisions. Several themes emerged from our benchmark research on incorporating data and analytics into organizational processes, and we will follow them in our 2016 Business Analytics Research Agenda:
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Topics:
Big Data,
Predictive Analytics,
Mobile Technology,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Cloud Computing,
Information Management,
Operational Intelligence,
Information Optimization
Some followers of Ventana Research may recall my work here several years ago. Here and elsewhere I have spent most of my career in the data and analytics markets matching user requirements with technologies to meet those needs. I’m happy to be returning to Ventana Research to resume investigating ways in which organizations can make the most of their data to improve their business processes; for a first look, please see our 2016 research agenda on Big Data and Information Optimization. I relish...
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Topics:
Big Data,
Predictive Analytics,
Analytics,
Business Analytics,
Business Intelligence,
Information Management,
Internet of Things,
IOT,
Operational Intelligence,
Unicorns,
Information Optimization
IBM redesigned its business intelligence platform, now called IBM Cognos Analytics. Expected to be released by the end of 2015, the new version includes features to help end users model their own data without IT assistance while maintaining the centralized governance and security that the platform already has. Our benchmark research into information optimization shows that simplifying access to information is important to virtually all (97%) participating organizations, but it also finds that...
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Topics:
Big Data,
Mobile Technology,
Wearable Computing,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Governance, Risk & Compliance (GRC),
Information Management,
Operational Intelligence,
Uncategorized,
Visualization,
Cognos,
Information Optimization,
Risk & Compliance (GRC),
Watson,
cognos analytics
Stibo Systems has been providing product information management (PIM) software for decades. Its work has helped many organizations worldwide take control of their product information by developing a master definition that can be published across many channels from Web to digital to print. We recognized its work with customers Delta Faucet and Masco Corp. in our 2015 Ventana Research Leadership Award in Information Management. In 2014 Stibo Systems customer Brady Corp. won a similar award for...
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Topics:
Master Data Management,
Sales,
Sales Performance,
Supply Chain Performance,
Customer Experience,
MDM,
Mobile Technology,
PIM,
Stibo Systems,
Customer Performance,
Operational Performance,
Business Performance,
Cloud Computing,
Financial Performance,
Information Management,
Business Performance Management (BPM),
Financial Performance Management (FPM),
Information Optimization,
Product Information Management
Tableau Software’s annual conference, which company spokespeople reported had more than 10,000 attendees, filled the MGM Grand in Las Vegas. Various product announcements supported the company’s strategy to deliver value to analysts and users of visualization tools. Advances include new data preparation and integration features, advanced analytics and mapping. The company also announced the release of a stand-alone mobile application called Vizable . One key message management aimed to promote...
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Topics:
Big Data,
Tableau,
Mobile Technology,
data viz,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Governance, Risk & Compliance (GRC),
Information Management,
Operational Intelligence,
Visualization,
Information Optimization,
Risk & Compliance (GRC)
This has been a dramatic year for Informatica, a major provider of data integration software. In August it was acquired and taken private by Permira funds and Canada Pension Plan Investment Board for about US$5.3 billion. This change was accompanied by shifts in its management. CEO Sohaib Abbasi became chairman and now has left, and many executives were replaced while Anil Chakravathy became CEO from being the Chief Product Officer. The new owners appear to have shifted the company’s strategic...
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Topics:
Big Data,
Data Quality,
Master Data Management,
MDM,
Operational Performance Management (OPM),
Cloud Computing,
Data Integration,
Data Management,
Data Preparation,
Governance, Risk & Compliance (GRC),
Informatica,
Information Management,
Business Performance Management (BPM),
Information Optimization,
Risk & Compliance (GRC)
The need for businesses to process and analyze data has grown in intensity along with the volumes of data they are amassing. Our benchmark research consistently shows that preparing data is the most widespread impediment to analytic and operational efficiency. In our recent research on data and analytics in the cloud, more than half (55%) of organizations said that preparing data for analysis is a major impediment, followed by other preparatory tasks: reviewing data for quality and consistency...
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Topics:
Big Data,
Sales Performance,
Supply Chain Performance,
Human Capital,
Marketing,
Monarch,
Operational Performance Management (OPM),
Customer Performance,
Business Analytics,
Business Intelligence,
Business Performance,
Data Preparation,
Financial Performance,
Governance, Risk & Compliance (GRC),
Information Management,
Uncategorized,
Business Performance Management (BPM),
Datawatch,
Information Optimization,
Risk & Compliance (GRC)
PentahoWorld 2015, Pentaho’s second annual user conference, held in mid-October, centered on the general availability of release 6.0 of its data integration and analytics platform and its acquisition by Hitachi Data Systems (HDS) earlier this year. Company spokespeople detailed the development of the product in relation to the roadmap laid out in 2014 and outlined plans for its integration with those of HDS and its parent Hitachi. They also discussed Pentaho’s and HDS’s shared intentions...
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Topics:
Big Data,
Pentaho,
Mobile Technology,
Wearable Computing,
Operational Performance,
Analytics,
Business Analytics,
Business Intelligence,
Business Performance,
Governance, Risk & Compliance (GRC),
Information Management,
IOT,
Operational Intelligence,
Uncategorized,
Information Optimization,
Risk & Compliance (GRC)
The importance of product information management (PIM) has become clear in recent years and especially as it relates to master data management. As I recently wrote handling this business process effectively and using capable software should be priorities for any organization in marketing and selling its products and services but also interconnecting the distributed supply chain. Our research on product information management can help organizations save time and resources in efforts to ensure...
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Topics:
Big Data,
Master Data Management,
Sales Performance,
Supply Chain Performance,
Enterworks,
Marketing,
Operational Performance Management (OPM),
Stibo Systems,
Webon,
Business Performance,
CIO,
Financial Performance,
IBM,
Informatica,
Information Management,
Oracle,
Information Optimization,
Product Information Management,
Riversand
Ventana Research defines product information management (PIM) as the practice of using information, applications and other technology to effectively support product-related processes across the customer, commerce and supply chain. As organizations increase the number and diversity of products and services they offer to customers and partners, they increasingly need to address limitations in the ways they manage and distribute product information, including related attributes and content that...
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Topics:
Big Data,
Master Data Management,
Supply Chain Performance,
Governance,
Marketing,
Operational Performance Management (OPM),
CIO,
Information Management,
Business Performance Management (BPM),
Financial Performance Management (FPM),
Information Optimization,
Product Information Management,
Sales Performance Management (SPM)