Business Analytics in High Demand

A recent report from analyst firm IDC reveals that the business analytics market grew by more than 14 percent in 2011, and that it will continue to grow by nearly 10 percent through 2016 to reach $50 billion.

The study, Worldwide Business Analytics Software 2012–2016 Forecast and 2011 Vendor Shares, examines the business analytics software market for the period from 2007 to 2016, with vendor revenue trends and market growth forecasts. Read more

Nucleus Research study says analytics pays back $10 for every dollar spent

Nucleus Research reports that after a recent examination of 60 analytics-related ROI case studies, the organization found that for every dollar invested in technologies such as BI, PM, and predictive analytics, organizations get back an average of $10.66.  Nucleus’s analysis included ROI case audits of analytics deployed by customers of leading vendors including IBM, Microsoft, Oracle, SAP, SAS, TIBCO Spotfire, and Information Builders. Read more

What to expect at Oracle OpenWorld 2012

As people from around the globe prepare to make their annual pilgrimage to the Oracle OpenWorld conference at the end of September, the media and analysts will be catching plenty of eyeballs with their predictions for this year’s show. Read more

Self-Service BI Back in the Spotlight

If you are a Noetix customer, you are aware that one of the key benefits of the Noetix solution is its ability to quickly transform Oracle application data into an easy to use reporting solution, enabling business professionals to create custom reports without IT assistance.  We talk with customers every day who have used Noetix software to create an environment of self-service BI that has delivered instant business answers and eliminated an overwhelming backlog of requests for IT. Read more

Check out the 2012 Wisdom of the Crowds BI Market Study

This year marks the third publishing of Howard Dresner’s “Wisdom of the Crowds™ Business Intelligence Market Study,” now available for download from Tableau Software: http://www.tableausoftware.com/learn/whitepapers/wisdom-crowds-business-intelligence-market-study. Read more

New Survey from Aberdeen Research Looks at TCO of BI

Aberdeen Group recently conducted a survey to analyze companies that take a Total Cost of Ownership (TCO) approach to BI.  The research shows that top companies are spreading BI costs to more decision makers, creating an effective self-service environment and as a result, enjoying a faster and more meaningful Return on Investment.  While the impact of business analytics can drive measureable and repeatable business performance, the effective implementation and management of these solutions can still pose a challenge to the ill-prepared company. Read more

Noetix Executive to Discuss Saving Money with Business Analytics on DM Radio’s May 17 Episode

Noetix Corp., a world-class provider of business intelligence (BI) software and services for enterprise applications, today announced that Jeff Kirk, director of product management for Noetix Analytics, will be featured on this week’s DM Radio program discussing ways to streamline operations with business analytics. DM Radio broadcasts programs featuring business technology trends from the Information Management website at http://www.information-management.com/dmradio/. Read more

Big, Huge, Gigantic Data

First question: What do you get when millions of humans engage with social networks, post thoughts in blogs, chat rooms, and comment fields, and tweet throughout the day?  You get BIG DATA.  And business intelligence vendors are racing to understand how to take advantage of this data in order to harness it and then transform it into useful information for business analysis. Read more

Gartner Research Reports BI Market Revenue Hit $12.2 Billion in 2011

Gartner Research recently published its annual enterprise software market share report which found that Business Intelligence (BI), Analytics, and Performance Management (PM) software revenue was $12.2 billion in 2011—a 16.4 percent growth over 2010—making the combined areas the second-fastest growing in enterprise software. Read more

Business Intelligence Coming Soon to a Handheld Device Near You!

Mobile Business IntelligenceIt’s a no-brainer that business intelligence is swiftly migrating from the desktop to handheld devices.  As analytics vendor Alteryx President and COO George Mathew recently wrote in an article for The Data Warehousing Institute (TDWI), “Easy and instant access to information is no longer a nice-to-have feature. It’s downright essential to the workforce. Information and how we look at it has changed, as has where we look at information. The phrase ‘I’m not at my computer right now’ is all but extinct as people easily rely on the latest mobile devices to retrieve and display the information they need.” Read more