David Menninger's Analyst Perspectives

Embed Analytics for Greater Reach and More Responsiveness

Posted by David Menninger on Aug 18, 2022 3:00:00 AM

When I looked at the state of analytics recently, it was clear that analytics are not as widely deployed within organizations as they should be. Only 23% of participants in our Analytics and Data Benchmark Research reported that more than one-half of their organization’s workforce are using analytics. There are many elements to becoming a data-driven organization, as my colleague Matt Aslett points out, but analytics are a necessary component. Our research shows that organizations recognize the importance of embedded analytics, ranking it the second most important digital technology in their analytics and data efforts behind big data and ahead of artificial intelligence and machine learning (AI/ML).

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Topics: embedded analytics, Analytics, Analytics & Data

Qlik Advances Self-Service Analytics and Business Intelligence

Posted by David Menninger on Aug 11, 2022 3:00:00 AM

The analytics and business intelligence market landscape continues to grow as more organizations seek robust tools and capabilities to visualize and better understand data. BI systems are used to perform data analysis, identify market trends and opportunities and streamline business processes. They can collect and combine data from internal and external systems to present a holistic view.

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Topics: Analytics, Business Intelligence, Data Governance, Data Management, AI & Machine Learning, Analytics & Data

Expanding the Analytics Continuum: From Analysis to Action

Posted by David Menninger on Aug 2, 2022 3:00:00 AM

I often use the term “analytics” to refer to a broad set of capabilities, deliberately broader than business intelligence. In this Perspective, I’d like to share what decision-makers should consider as they evaluate the range of analytics requirements for their organization.

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Topics: Business Intelligence, natural language processing, AI and Machine Learning, Streaming Analytics, Analytics & Data

Tableau Brings Business Intelligence to Business Users

Posted by David Menninger on Jul 26, 2022 3:00:00 AM

Organizations are collecting vast amounts of data every day, utilizing business intelligence software and data visualization to gain insights and identify patterns and errors in the data. Making sense of these patterns can enable an organization to gain an edge in the marketplace and plan more strategically.

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Topics: embedded analytics, Business Intelligence, AI and Machine Learning

Data Governance, Then and Now

Posted by David Menninger on Jul 20, 2022 3:00:00 AM

We’ve recently published our latest Benchmark Research on Data Governance and it’s fair to say, “you’ve come a long way, baby.” Many of you reading this weren’t around when that phrase was introduced in 1968 to promote Virginia Slims cigarettes, but you may have heard the phrase because it went on to become a part of popular culture. We’ve learned a lot about cigarettes since then, and we’ve learned a lot about data governance, too.

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Topics: Big Data, Data Governance, Data Management, Analytics & Data

Zoho Unifies Data and Analytics

Posted by David Menninger on Jul 7, 2022 3:00:00 AM

Organizations are continuously increasing the use of analytics and business intelligence to turn data into meaningful and actionable insights. Our Analytics and Data Benchmark Research shows some of the benefits of using analytics: Improved efficiency in business processes, improved communication and gaining a competitive edge in the market top the list. With a unified BI system, organizations can have a comprehensive view of all organizational data to better manage processes and identify opportunities.

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Topics: business intelligence, embedded analytics, Data Governance, Data Management, natural language processing, AI and Machine Learning, data operations, Streaming Analytics, Streaming Data & Events, operational data plaftforms

Semantic Models Benefit Analytical Processes

Posted by David Menninger on Jun 28, 2022 3:00:00 AM

I’ve never been a fan of talking about semantic models because most of the workforce probably doesn’t understand what they are, or doesn’t recognize them by name. But the findings in our recent Analytics and Data Benchmark Research have changed my mind. The research shows how important a semantic model can be to the success of data and analytics processes. Organizations that have successfully implemented a semantic model are more than twice as likely to report satisfaction with analytics (77%) compared with a 33% overall satisfaction rate. Therefore, I owe it to all of you to write about them.

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Topics: Business Intelligence, Data Management, AI and Machine Learning, data operations, Analytics & Data, semantic model

Domo Enables Real-Time Collaboration for Analytics

Posted by David Menninger on Jun 22, 2022 3:00:00 AM

Organizations are constantly trying to streamline and optimize business data to solve complex problems and identify opportunities to increase revenue and accelerate business growth. The data is usually stored in multiple systems with various data governance rules, which makes it complicated to democratize data and analytics within an organization. The most pressing concerns cited by participants in our Analytics and Data Benchmark Research include difficulty integrating with business processes, systems not flexible or adaptable to change and challenges accessing data sources.

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Topics: Domo, BI platform

Kyvos Accelerates Business Intelligence in the Cloud

Posted by David Menninger on Jun 10, 2022 3:00:00 AM

Organizations are scaling business intelligence initiatives to gain a competitive advantage and increase revenue as more data is created. Lack of expertise, data governance and slow performance can impact these efforts. Our Analytics and Data Benchmark Research finds some of the most pressing complaints about analytics and BI include difficulty integrating with other business processes and flexibility issues. Kyvos is a BI acceleration platform that enables BI and analytics tools to analyze massive amounts of data. It offers support for online analytical processing-based multidimensional analytics, enabling workers to access large datasets with their analytics tools. It operates with major cloud platforms, including Google Cloud, Amazon Web Services and Microsoft Azure.

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Topics: Business Intelligence, Data Governance

Data and Analytics Processes: Can We Get Personal?

Posted by David Menninger on May 24, 2022 3:00:00 AM

There is a fundamental flaw in information technology, or at least in the way it is most commonly delivered. Most technology systems are developed under the assumption that all people will use the system primarily in the same way. Sure, there are some options built in — perhaps the same action can be initiated by either clicking on a button, selecting a menu item or invoking a keyboard short-cut. The problem is that when every variation needs to be coded into the system, the prospect of providing personalized software programs to every individual is impractical.

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Topics: Business Intelligence, Data Management, natural language processing, AI and Machine Learning, data operations, Analytics & Data