We’ve really been feeling the cloud BI love this month. Not only is cloud-based, self-service BI all the talk right now, but it seems not a day goes past without another report on the broader adoption of cloud computing within the enterprise. From the official unveiling of the Oracle Cloud, to GigaOm Structure, it’s a hot topic that looks set to stay.
So, here’s our take on the best news, views and events from the BI industry in June:
IT-centric BI models unsustainable, says Forrester via Computerworld
We couldn’t have said it better ourselves. Forrester’s report concludes that self-service BI tools are necessary to keep pace with the fast-changing business needs of today, while traditional waterfall-based BI tools don’t work for the majority of requirements. “We maintain that in an ideal BI environment, 80% of all BI requirements should be carried out by the business users themselves,” said Forrester researcher, Boris Evelson. Music to our ears.
The Third Annual Wisdom Of Crowds Business Intelligence Market Study® Is Out! via Howard Dresner’s blog
“BI for business users” was further backed by the 2012 Wisdom of Crowds Business Intelligence Market Study, released this month from Dresner Advisory Services. The study revealed that 59% of BI projects fail, but there is a higher success rate when business-user oriented solutions are used.
What’s the definition of ‘Big Data’? Who Cares? via SmartData Collective
At Indicee, we believe in a no-hype approach to Big Data. That’s why we love this post from Bill Franks. It looks at the value of being able to identify and analyze various data sources rather than the semantics of defining them.
Hybrid Data Essential to NextGen BI via Indicee
And talking of Big Data… Velocity may be one of the 3 “V”s, as defined by Gartner, but it often gets overlooked in a sea of volume-centric commentary. Perhaps, because dealing with high velocity data in a meaningful way is one of the harder Big Data challenges to understand and solve. Speaking at All About the Cloud 2012, Indicee CEO, Mark Cunningham, explains the concept of “hybrid data” and why it’s becoming important to combine real-time, streaming data with traditional, enterprise data to gain useful business insights.
Cloud Computing Simply Isn’t That Scary Anymore: Survey via Forbes
An impressive 50% of the 785 respondents surveyed by North Bridge Venture Partners stated they have “complete confidence” in the cloud for critical business applications. Cloud solutions for Big Data and analytics seem to be a key focus area for many, with vendors identifying analytics and big data as the most important cloud services to provide. Couple this with Gartner’s latest report identifying business intelligence as a key software market segment for enterprises in 2012 (via eWeek) and things are looking rosy for cloud BI vendors.