David Menninger's Analyst Perspectives

RapidMiner Brings Self-Service to Predictive Analytics

Posted by David Menninger on Jul 28, 2016 3:45:18 AM

Predictive analytics is a rewarding yet challenging subject. In our benchmark research on next-generation predictive analytics at least half the participants reported that predictive analytics allows them to achieve competitive advantage (57%) and create new revenue opportunities (50%). Yet even more participants said that users of predictive analytics don’t have enough skills training to produce their own analyses (79%) and don’t understand the mathematics involved (66%). (In the term “predictive analytics” I include all types of data science, not just one particular type of analysis.)

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Topics: data science, Business Analytics, Business Intelligence, Business Performance, Cloud Computing, Uncategorized

Qlik Makes a Qonnection with Qlik Sense 3.0

Posted by David Menninger on Jul 2, 2016 9:25:29 AM

Qlik helped pioneer the visual discovery market with its QlikView product. In some respects, Qlik and its competitors also spawned the self-service trend rippling through the analytics market today. Their aim was to enable business users to perform analytics for themselves rather than building a product with the perfect set of features for IT. After establishing success with end users the company began to address more of the concerns of IT, eventually creating a robust enterprise-grade analytics platform. This approach has worked for Qlik, driving growth that led to an initial public offering in 2010. The company now generates more than half a billion dollars in revenue annually, making it one of the largest independent analytics vendors. Of which based on their company and products was rated a Hot Vendor in our 2015 Value Index on Analytics and Business Intelligence and one of the highest ranked in usability.

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Topics: Analytics, Business Analytics, Business Collaboration, Business Intelligence, Cloud Computing, Data Preparation, Information Management, Uncategorized, Visualization, Qlik, Qlik Sense