Business intelligence and analytics platforms are hot items across enterprises this year for many reasons. There’s unrelenting pressure on businesses to compete on analytics and to be able to anticipate customer needs and trends ahead of the curve.
There is also a drive to cut operational costs to a bare minimum, which requires data to determine what is and is not working. There is disruption coming from tech-savvy companies—such as Uber or Airbnb—which run purely on data connected to apps with little else in inventory. Lastly, there’s the burgeoning Internet of Things (IoT), which only has just begun to appear on most corporate radar screens, based on delivering data from interconnected sensors, devices, and systems.
Author: Joe McKendrick