Decentralizing Analytics - IT moves to the corner of the Analytics wheel
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Transcript of Decentralizing Analytics - IT moves to the corner of the Analytics wheel
DECENTRALIZING ANALYTICS
Pushing IT From The Center To The Corner Of The Analytics Wheel
WHAT IS DRIVING CONSUMERIZATION OF
ANALYTICS?
NEED FOR GREATER ADOPTION
• Difficulty and delay in understanding complex IT-authored reports
• Open data regime where analytics is accessible to a broader spectrum of employees
NEED FOR ANALYTICS IMMEDIACY
• Respond immediately to sudden market changes• Reliance on real-time actionable insights
NEED TO GO DEEPER
• Deeper data exploration to identify new insights• Rise of data scientists
ANALYTICS IS BECOMING A NECESSITY
• Need to leverage analytics for everyday decision-making
• Advanced analytics for deeper insights
WHAT FACTORS ARE ENABLING MASS USAGE OF ANALYTICS?
ADVANCED DATA VISUALIZATION TOOLS
• Enhanced data modeling• Visualizations with drill down capabilities
CLOUD PLATFORMS
• Cloud enables anytime, anywhere access• Flexibility and low cost
MOBILE BI
• Analytics on the move• Omnipresence of analytics
POPULARITY OF EMBEDDED BI
• New BI tools and visualization layers on top of old infrastructure
• Enabling friction-less transition
WHAT DO BUSINESS USERS NEED?
SIMPLICITY
• Quick and simple answers to day-to-day business challenges
RELEVANCE
• Going beyond monthly reports to get relevant insights when needed
INDEPENDENCE
• Smart data discovery and drill-down capabilities without involving IT
ACCESSIBILITY
• Easy to access analytical insights at the time of decision-making