David Menninger's Analyst Perspectives

Diving Deeper into the Data Lake

Posted by David Menninger on Nov 13, 2020 2:00:00 AM

A data lake is a centralized repository designed to house big data in structured, semi-structured and unstructured form. I have been covering the data lake topic for several years and encourage you to check out an earlier perspective called Data Lakes: Safe Way to Swim in Big Data? for background. Our data lake research has uncovered some points to consider in your efforts, and I’d like to offer a deeper dive into our findings.

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Topics: Data Governance, Data Lake, Information Management, Data, Digital Technology

Why Collaboration Matters in Analytic Processes

Posted by David Menninger on Oct 29, 2020 4:00:00 AM

Every organization performing analytics with multiple employees needs to collaborate. They should be collaborating in the analytics process and in communicating the results of those analyses. As I continue my evaluation of analytics and data vendors, I have to admit some disappointment at the level of collaborative capabilities some analytics vendors provide. To be fair, the level of capabilities vary widely, but I expected collaborative capabilities to be more uniformly available as a standard feature in analytics technologies by now. I had anticipated that three-quarters of analytics vendors would include collaboration capabilities. More than half the vendors I have evaluated support some comments and discussion in their products, only a few have incorporated social recognition and wall posting as part of their collaborative capabilities. So, what impact does a lack of analytics collaboration have on organizations undergoing digital transformation?

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Topics: business intelligence, Analytics, Collaboration, Data Governance, Data Preparation, Information Management, Data, Digital Technology, collaborative computing

DataOps: Managing the Process and Technology

Posted by David Menninger on Oct 7, 2020 3:00:00 AM

For decades, data integration was a rigid process. Data was processed in batches once a month, once a week or once a day. Organizations needed to make sure those processes were completed successfully—and reliably—so they had the data necessary to make informed business decisions. The result was battle-tested integrations that could withstand the test of time.

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Topics: Data Governance, Data Integration, Data Preparation, Information Management (IM), dataops, data operations

Evaluating Analytics and BI Software Vendors’ Capabilities

Posted by David Menninger on Oct 5, 2020 3:00:00 AM

Ventana Research has been evaluating analytics and business intelligence (BI) software for a long time—almost 20 years. Our methodology for these assessments is referred to as a Value Index. We use weightings derived from our benchmark research about how you, as buyers of these technologies, value and evaluate vendors. You can view our 2019 Value Index results here. I am in the process of completing the 2020 evaluation now.

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Topics: business intelligence, embedded analytics, Analytics, Collaboration, Data Governance, Data Preparation, Information Management (IM), natural language processing, Conversational Computing, AI and Machine Learning, collaborative computing, software evaluation

Data Lakes Meet Data Warehouses

Posted by David Menninger on May 7, 2020 3:00:00 AM

In this analyst perspective, Dave Menninger takes a look at data lakes. He explains the term “data lake,” describes common use cases and shares his views on some of the latest market trends. He explores the relationship between data warehouses and data lakes and share some of Ventana Research’s findings on the subject. He also provides an assessment of the risks organizations face in working with data lakes and offers recommendations for maximizing the potential of data.

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Topics: Big Data, Data Warehousing, Analytics, Business Analytics, Business Intelligence, Data Governance, Data Management, Data Preparation, data lakes

Uncovering Trends in Data Governance

Posted by David Menninger on Apr 23, 2020 3:00:00 AM

Effectively managing data privacy and security is a high-stakes matter. When an organization doesn’t get it right, it often becomes front-page news and occasionally becomes a subject of litigation. Yet organizations face an equally challenging imperative to ensure that business users have easy access to the data they need. Depending on how they are implemented, data governance policies can inhibit access to data, making it harder to find and utilize the data assets of an organization.

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Topics: Analytics, Business Intelligence, Collaboration, Data Governance, Data Preparation, Information Management, Internet of Things, Data

You Can’t Plan on AI and ML

Posted by David Menninger on Apr 13, 2020 11:00:00 AM

Artificial intelligence (AI) and machine learning (ML) are all the rage right now. Our Machine Learning Dynamic Insights research shows that organizations are using these techniques to achieve a competitive advantage and improve both customer experiences and their bottom line. One type of analysis an organization can perform using AI and ML is predictive analytics. Organizations also need to plan their operations to predict the amount of cash they will need, inventory levels and staffing requirements. Unfortunately, while planning begins with predictions, organizations can’t plan with AI and ML. Let me explain what I mean.

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Topics: Office of Finance, Analytics, Business Intelligence, Financial Performance Management, Digital Technology, Predictive Planning, AI and Machine Learning

Five Modern Data Architecture Trends

Posted by David Menninger on Mar 30, 2020 11:30:00 AM

I was recently asked to identify key modern data architecture trends. Data architectures have changed significantly to accommodate larger volumes of data as well as new types of data such as streaming and unstructured data. Here are some of the trends I see continuing to impact data architectures.

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Topics: Big Data, business intelligence, Analytics, Data Governance, Information Management, Digital Technology, data lakes, AI and Machine Learning, Data Storage, Streaming Data

MicroStrategy World 2020

Posted by David Menninger on Mar 18, 2020 3:00:00 AM

MicroStrategy recently held its annual user conference, which focused on the theme of the “Intelligent Enterprise.” HyperIntelligence, an innovative product for delivering analytics throughout organizations that they introduced a year ago, was the star of the event. The company announced enhancements to HyperIntelligence and the latest version of its flagship platform, MicroStrategy 2020, as well as a new two-tiered education and certification program.

MicroStrategy World 200306
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Topics: Big Data, Data Science, Analytics, Business Intelligence, Collaboration, Data Governance, Data, Digital Technology, Conversational Computing

Data in 2020: Ventana Research Agenda

Posted by David Menninger on Feb 21, 2020 6:00:00 AM

Ventana Research recently announced its 2020 research agenda for data, continuing the guidance we’ve offered for nearly two decades to help organizations derive optimal value and improve business outcomes. Data volumes continue to grow while data latency requirements continue to shrink. Meanwhile, virtually every organization is confronting a need for good data governance.

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Topics: Collaboration, Data Governance, Data Preparation, Information Management, Data, blockchain, data lakes