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Trends and Outliers

TIBCO Spotfire's Business Intelligence Blog

Category Archives: Cloud Computing

04/09
2014

Data + Cloud = Money

Many organizations are realizing that great potential insight lies within the big data in their own networks and streaming through the social web.

shutterstock 1189420151 300x201 Data + Cloud = MoneyAnd that means these enterprises should be focused on the money they could be making if they take advantage of cloud-based analytics.

Measuring Cloud Effectiveness

That’s the assertion of Mark Herman, executive vice president of Booz Allen and leader of the firm’s Value from Data Initiative.

In a Forbes blog post, he notes that just as public companies measure their financial performances on earnings before interest, taxes, depreciation and amortization (EBITDA), the driver for advancements in data analytics should be “cloud EBITDA.”

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04/04
2014

BI Wisdom Twitter Chat Recap: Cloud BI

It’s time for a Tweet chat recap that’s all about the cloud, business intelligence and the wisdom of some industry experts including host Howard Dresner.

shutterstock 130367741 300x200 BI Wisdom Twitter Chat Recap: Cloud BIThe topic for the March 28 #BIWisdom chat was cloud BI. There was a lot of back and forth, but we’ll focus on one aspect (actually two related aspects) the risks/benefits of cloud BI.

Interest in Cloud BI Is Growing

Dresner (@howarddresner) says that there’s been an increased interest in cloud BI over the past couple years. In fact, he notes that in 2013, 35% of people believe the cloud “critical” or “very important” compared to 31% in 2012.

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04/03
2014

The Economics of Cloud Computing

When exploring the cost benefits of leasing analytics software via the cloud model, there are several factors to examine.

shutterstock 1317023421 150x150 The Economics of Cloud ComputingTime to Market

One of the key consideration for using cloud-based analytics is time to market. Under a cloud model, end users can be up and running within a matter of hours, not months. This can enable targeted users and project teams to act more quickly on time-sensitive market or customer opportunities ahead of competitors.

Each day a company is able to make use of analytics is time the organization has to solve business problems, identify new business opportunities, and optimize operations.

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03/18
2014

Data Discovery To Promote a Risk-Taking Culture

Ubiquitous communications are making it possible for companies around the world to compete on a more level playing field, notes Thomas L. Friedman in his book, “The World Is Flat.”

shutterstock 65614993 300x276 Data Discovery To Promote a Risk Taking CultureWe’ve seen relative newcomers such as Amazon, Facebook, Google, and Zappos grow their businesses in leaps and bounds, thanks in large part to their intelligent uses of data and technology.

Companies in emerging countries such as Brazil, India, China, and Vietnam are also capitalizing on high-speed communications and the use of data to compete successfully against established companies in a wide range of industries.

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01/22
2014

Data Visualization: A Super Time Saver

Whether you’re a data analyst, a product manager, or a member of the C-suite, when it comes to making sense of your company’s data, Excel-based bar charts aren’t terribly compelling.

shutterstock 133973507 300x225 Data Visualization: A Super Time SaverIf you rely on Excel reports to evaluate current customer trends, operating conditions, or business performance, they simply don’t provide much insight into why something happened (e.g., customer satisfaction dropped five points in the Pacific Northwest last month).

One-Dimensional Reports Are So Last Year

While boring Excel spreadsheets do little to stoke the imagination, there are other shortcomings to using stale BI reports. Namely, they’re a drain on productivity.

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08/13
2012

TIBCO Spotfire – Big Data Analytics Capabilities

Will the cloud, big data and big data analytics live up to the big hype behind these technology buzzwords?

Yes, according to new research reports that dig into the real value proposition behind all the hoopla associated with the cloud, big data and big data analytics.

breakthrough big data 150x150 TIBCO Spotfire – Big Data Analytics CapabilitiesA new report from Saugatuck Technology notes that cloud-based business intelligence and analytics will be among the fastest growing cloud-based management options in the next two years, achieving an 84% compound annual growth rate during that period.

The report is based on a survey of 200 enterprise IT and business leaders, and includes input from about 30 vendors.

The report’s authors, led by Saugatuck’s Brian Dooley, note that in the past, BI and analytics have been relegated to a small group of analysts or executives. The cloud will help drive BI to the masses by handling many of the complex moving parts, including “assembling the analytics components, networking and storage; plus data normalization through ETL, management of data sources, and finally, achitecting of an analytic solution by data scientists and analysts,” Dooley adds.

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12/27
2011

Top BI Technology Trends in 2012

Top BI Technology Trends 2012 Top BI Technology Trends in 2012 According to Information Week’s 2012 Business Intelligence, Analytics, and Information Management Survey, if there’s one dominant trend in BI and information management, “it’s the meteoric rise of analytics, particularly advanced statistical and predictive analytics.” For the third consecutive year, “survey respondents rate advanced analytics as the most compelling among a dozen leading-edge technologies.”

The report speculates that the high-priority status of analytics is closely related to the rising interest in big data as a tool for mitigating risk, predicting customer behavior, and developing new product or service offerings. So it’s not surprising that “advanced data visualization capabilities” (e.g., sparklines and heat maps) and “embedded BI” closely followed “advanced analytics” in the survey ranking. After all – easy access and effective delivery are key factors for getting the most out of analytics.

Trends and Outliers follows these top topics regularly – so if you want to catch up quickly, get a recap, or spark some new ideas, try these recent posts:

Risk and Decision Making Put Predictive Analytics Front and Center

How Does Predictive Analytics Work?

Executive Analytics:  The Path to Success

The ABCs of Enterprise Analytics

How to Speak Like a Data Scientist

The Power of Data Visualization in Four Minutes

There’s also an informative webcast on predictive analytics with Spotfire. (And if you want to stay on top of these top topics, subscribe to our blog!)

Two other interesting trends from the Information Week report:

“This year’s survey shows that resistance is ebbing and IT professionals are giving cloud-based BI, analysis and information management serious consideration.”

A new category added to the Information Week survey this year made a solid entrance: “analysis of big data, particularly unstructured/nonrelational data” debuted in a number three slot, garnering the same level of respondent enthusiasm as “collaborative BI.”

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10/12
2011

How to Secure Federal Data in the Cloud

data analytics and 2012 politics How to Secure Federal Data in the CloudYesterday we discussed how predictive analytics and big data will be critical components of the 2012 bid for the White House. Today we will continue with the U.S. government theme. The security of data that resides in the cloud continues to be a volatile topic, both in the public and private sector.

Last week, InformationWeek reported that federal officials testified before the House Subcommittee on Cybersecurity, Infrastructure Protection and Security Technologies that the government should have confidence in federal data being moved to the cloud.

Still, some lawmakers, such as committee chairman Rep. Dan Lungren (R-Calif.), question the security of placing federal data in the cloud. “You’ve got to have a promise that the security of the cloud is going to be measurably better than the security we have in the current system,” Lungren says.

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Filed under: Cloud Computing

07/29
2011

Making Sense (and Dollars) of Cloud-based BI

Cloud BI Making Sense (and Dollars) of Cloud based BI Remember when you were a kid lying on the ground under a shade tree looking up at the sky, watching the clouds float by and imagining they looked like hearts or faces or your favorite animal.

Well these days, organizations using business intelligence (BI) can look up and see dollar signs in the clouds.

Recently there’s been an increase in new providers that offer cloud-based BI as well as the migration of existing providers to the cloud, according to a blog post by David Linthicum (@DavidLinthicum).

In fact,  the use of cloud-based BI is a “game changer.” But not because it adds any new BI functions, but because cloud computing makes BI affordable and accessible to those who need to access their companies’ information.

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07/28
2011

Q & A on Cloud BI with Shawn Rogers

QA with Shawn Rogers Cloud BI Self Service BI Q & A on Cloud BI with Shawn RogersToday on the Spotfire blog, we’re sharing a Q&A on cloud BI with Shawn Rogers (@shawnrog), Vice President Research for Business Intelligence at Enterprise Management Associates. Rogers will join us tomorrow to record an On-Demand Webcast on “Cloud Analytics and the Consumer”.

Q: Who benefits most from cloud BI?

A: The benefit is two-fold to users and companies. Research shows that companies get to skip much of the up-front costs when they go with BI in the cloud. And in the long-term, it requires less head count in maintaining and operational costs. Additionally, projects often get off the ground faster because standing up cloud BI solutions happens more quickly.

End-users also benefit from the SaaS vendors’ purpose-built BI software. These solutions typically offer the user a better interface, newer features and ease-of-use. Additionally, users benefit from the web-based solutions because they are more mobile and offer anytime access to data.

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