SMBs Win as Business Intelligence Hits the Cloud

Business intelligence from the cloud means big savings and an advantage over the competition.

Many small and medium-sized businesses (SMBs) have depended on outside contractors for information technology services for several years. That’s why the cloud fits in well with a small business strategy. When the bottom line simply can’t afford large investments in internal staff or infrastructure, SMB owners can leave IT nuts and bolts to the experts.

Two recent developments are accelerating the trend of SMBs’ reliance on third-party providers. First, SMBs have become acutely aware of the potential competitive advantages of data analytics. Second, more cloud providers now offer business intelligence (BI) as part of their overall Software as a Service bundle, making the cloud even more attractive and cost-effective for SMBs. AMI-Partners’ most recent Global Market Forecast Model predicts that cloud-based BI and analytics options adopted by SMBs will continue to grow by 20 percent through 2015.

[ Full Story – BizTechMagazine.com: Jill Billhorn – November 21, 2014 ]

Gartner Says Advanced Analytics Is a Top Business Priority

Gartner, Inc. today said advanced analytics is a top business priority, fuelled by the need to make advanced analysis accessible to more users and broaden the insight into the business. Advanced analytics is the fastest-growing segment of the business intelligence (BI) and analytics software market and surpassed $1 billion in 2013.

“While advanced analytics have existed for over 20 years, big data has accelerated interest in the market and its position in the business,” said Alexander Linden, research director at Gartner. “Rather than being the domain of a few select groups (for example, marketing, risk), many more business functions now have a legitimate interest in this capability to help foster better decision making and improved business outcomes.”

[ Full Story – Gartner – October 21, 2014 ]