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Trends and Outliers

TIBCO Spotfire's Business Intelligence Blog

Monthly Archives: July 2011

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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07/26
2011

How to Become a Data Analyst

How to be a Data Analysts 300x252 How to Become a Data AnalystSo you breezed (or perhaps stumbled) through your stats classes. Now you’re looking to develop a career in data analytics and business intelligence. A wise and lofty ambition. I admire people who love numbers, statistics and data. Unfortunately I’m not one of those people. Probably why I majored in English in college. However,  I can still offer you some tips on how to develop a career in this explosive industry. Let’s check in with some experts like Eduardas Valaitis, a consultant in Pricewaterhouse Cooper’s national economics and statistics practice.

One of the things Valaitis recommends is improving your software proficiency and programming skills. As technology improves and the industry grows, statistics software packages are becoming easier to use. They’re so friendly, in fact, that they include point-and-click interfaces so you don’t really have to know any of the programming language that’s under the hood. However, Valaitis “strongly recommends”

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07/25
2011

BI Training – An Important Factor at All Company Levels

Self Service BI and Cloud BI 300x168 BI Training – An Important Factor at All Company Levels  According to a recent Computerworld article by Sandra Gittlen, complex BI and analytics tools are headed the way of the big box store – out of the picture. Today’s BI vendors are embracing the midmarket and SMB markets because accessibility is the market demand.

Self-Service Impacting BI Adoption

As Forrester advanced analytics analyst, James Kobielus (@JamesKobielus) says in the article, “The industry evolution toward self-service BI and SaaS BI is having a big impact on adoption in companies of all sizes.”

Additionally, he says these cloud-based platforms offer companies huge advantages in lean times – from pay-as-you-go models, a broader user base, less IT involvement and lower capital costs.

While these advantages signify a move to smaller accounts, BI still

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07/22
2011

Master Data Management: How to Avoid that “Pie in Your Face” Moment

MDM and Data Governance 300x200 Master Data Management: How to Avoid that Pie in Your Face MomentIf there’s any good news that’s come out of the phone hacking scandal involving Rupert Murdoch’s News Corp., it’s that now maybe other companies will pay more attention to corporate governance.

As I’m sure you’re aware Murdoch shut down his News of the World tabloid in the face of allegations that its employees hacked into cellphones and voicemails of various victims to get a better story or a scoop.

Murdoch has said he didn’t know anything about anyone in his organization committing any crimes until it was too late. He’s also admitted he was blind sided and did not have full oversight in the operations of his media empire. But it doesn’t appear that the scandal involving Murdoch’s News Corp. came as a surprise to everyone. According to this article in Fortune Magazine,

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Filed under: Master Data Management

07/21
2011

3 Tips for Delivering Mobile BI to Your Company

6 tips to bring mobile bi to enterprise 3 Tips for Delivering Mobile BI to Your CompanyIt may not surprise you that BI is a top of mind technology for many CTOs, but did you know that goes for CFOs as well? A new Gartner survey reveals that 65% of CFOs ranked business intelligence as the technology in highest demand. One driving force behind this demand is the fact that today’s knowledge workers can now access data and information themselves via collaborative,  cloud based and mobile BI solutions. These workers are into self service and aren’t waiting around for a corporate sign off.

So as an enterprise or SMB executive how do you manage the madness while simultaneously empowering your workers to capitalize on innovative BI solutions? In upcoming blog posts and webcasts, we’ll tackle empowering your team with collaborative,  cloud-based solutions. For now, here are three tips from Information Management on how best to roll out mobile BI.

1) Pay attention to mobile BI security concerns. The top concern in mobile BI adoption is

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07/20
2011

Where Does BI Fit into Your Social Business?

social networking social business 300x215 Where Does BI Fit into Your Social Business?Social networking has become more than mainstream; it’s now a way of life – even in business. According to IDC’s new Social Business Maturity survey, 41% of businesses have “some sort of social business initiative underway.”

Previously, we’ve written that social BI is a major part of this new “social business.” While the social mentions and social engagement programs are part of the analytics companies should track via, it’s not the foundation of social BI.

Social BI is more about collaboration among people around the data as Mark Lorion (@mark_lorion), VP of marketing for Spotfire frequently says. His recent article at Knowledgeboard.com (a knowledge management community) describes how meetings should be more collaborative and include dynamic data visualizations to “facilitate collaboration among participants and yield actionable results signed onto by all stakeholders.”

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Filed under: Social BI

07/19
2011

The ABCs of Mobile Analytics

ABCs of Mobile Analytics The ABCs of Mobile AnalyticsUnderstanding the basics of mobile analytics is as easy as learning your ABC’s:

A: What is it?

Mobile analytics refers to the solutions and resulting metrics specific to all things mobile such as SMS messaging, Quick Response codes, mobile apps and smartphone web data. It also covers the adoption, engagement and effectiveness of mobile marketing campaigns and web activity originating from a mobile device.

Application-based analytics give you insight into the number of downloads, how users are interacting with different parts of apps and the ever-popular crash data. Used by app developers who wish to increase downloads, app-based data is also useful to OEMs and carriers on gaining intelligence around subscriber behavior.

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Filed under: Mobile Analytics

07/18
2011

5 Tips for Hiring the Right Data Analyst

5 Tips to Hiring a Data Analyst 200x300 5 Tips for Hiring the Right Data AnalystLet’s face it — data analytics professionals can help make your life easier.

In fact, the right data analysts can get you to the all-elusive “One Version of the Truth,” then move you beyond the truths into predictive analytics, according to Adam Neary (adamrneary), a self-described “data guy.” They can also build better business cases, and implement statistics actively to drive tangible business results.

But how can you be sure you hire the “right” data analyst?

Analytics expert Meta Brown (metabrown312) said the key to the hiring process is to sit down and figure out your company’s needs and goals for yourself rather than rely on someone else like a recruiter to work it all out for you. After all, you have more invested in hiring the best person for the job than any recruiter does, she said.

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Filed under: Data Analytics Careers

07/15
2011

The Data Analytics of Harry Potter

 The Data Analytics of Harry PotterEarly this morning fanatic fans bared witness to the end of an institution at the midnight premiere of the final movie in the Harry Potter blockbuster series. In celebration of this event, we thought it would be fun to explore the data analytics of Harry Potter for all you “data wizards.”

But first, so you don’t feel left out of that late night frenzy check out this amateur video taken while waiting in line at a theater.

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