Business Intelligence

ARTICLE DATA ANALYTICS

Data Self-Service:

a booming market

In an uncertain situation caused by the pandemic, companies want more speed and better analysis in terms of both processing and access.

Data never stops growing, one of the reasons for which is a steady increase in the number of connected devices. Berkeley University in the USA says that in2005 a human being was capable of producing five exabytes of information in a single year. These days, it only takes us 48 hours to produce the same amount

 

We are moving towards a data governance and integration strategy that covers parameters such as self-service, the Internet of Things and decentralized analyticsprograms.

 

The BI market will move about 23.1 billion dollars this year with a growth rate of up to 7.6% over the next five years.

 

The unprecedented enormity of this has revealed the need to invest in technology to manage this huge volume of data. That’s why companies are increasingly turning to analytical intelligence technologies.

 

C-Level staff now need business intelligence for: recommendation, AI, Machine learning, data standardization and governance.

 

Mastering this data is just the first step towards IoT data and the adoption of the next generation of smart devices in sectors like distribution, transportation, energy, industry, entertainment and health care, to name but a few.

 

We encourage you to read the white-paper available through this link.

 

BI