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© 2016 Ventana Research1 © 2016 Ventana Research
Ditch Discovery Doldrums
Mark Smith
CEO & Chief Research Officer
© 2016 Ventana Research2 © 2016 Ventana Research2
New Generation of Analytics
© 2016 Ventana Research3 © 2016 Ventana Research3
Many Choices Exist for Analytics & BI
© 2016 Ventana Research4 © 2016 Ventana Research4
The Personas for Analytics & BI
Analytics and BI must meet the following
usage roles and responsibilities:
Information Consumers
• Digest information and perform basic
interactions
Knowledge Workers
• Utilize and interact analytics to drive actions
and decisions.
Designers
• Enable the design and use of information
across roles.
Analysts
• Mashup data and design analytics to
provide foundational insights for business.
Data Geeks
• Enable big data to be exploited in an
immature world through Data Scientists.
IT and Business Intelligence Experts
• Utilize the tools to provide secured access
to data and related analytics and metrics.
© 2016 Ventana Research5 © 2016 Ventana Research5
Discovery Helps Analysts not Business
© 2016 Ventana Research6 © 2016 Ventana Research6
Use Categories for Evaluation Criteria
Leverage a framework like that
from Ventana Research that
examines vendors and products
across evaluation criteria in
categories that represents how
products are used across roles.
Just focusing on one category
or focusing on non-relevant
categories like vision and
execution could be detrimental
to your organizations use of
products.
Categories
Usability
Functionality
Reliability
Manageability
Adaptability
TCO/ROI
Validation
© 2016 Ventana Research7 © 2016 Ventana Research7
Use Categories for Evaluation Criteria
Leverage a framework like that
from Ventana Research that
examines vendors and products
across evaluation criteria in
categories that represents how
products are used across roles.
Just focusing on one category
or focusing on non-relevant
categories like vision and
execution could be detrimental
to your organizations use of
products.
Categories
Usability (63%)
Functionality (50%)
Reliability (50%)
Manageability (42%)
Adaptability (32%)
TCO/ROI (31%)
Validation (20%)
Source: Ventana Research Big Data Analytics Benchmark Research
(Percentages represent very important rating to organizations.)
© 2016 Ventana Research8 © 2016 Ventana Research8
Analytics and BI Functionality Criteria
Data
Model
Access
Analytics
Discovery
Integrate
Predict
Communication
Collaborate
Manage
Inform
Act
Automate
© 2016 Ventana Research9 © 2016 Ventana Research9
Analytics Require Range of Discovery
Spectrum of Methods:
• Event: Use of streams
of events from applications,
and machine data like IoT.
(49%)
• Data: Utilizing data to better
understand it. (64%)
• Visual: Presenting data in a
for visual interaction. (31%)
• Information: Harvesting
content and text for
interactions. (57%)
(Percentages indicate organizations that
have analytics for big data.)
Source: Ventana Research Big Data Analytics
Benchmark Research
© 2016 Ventana Research10 © 2016 Ventana Research10
Visual Discovery Should Clarify not Confuse
© 2016 Ventana Research11 © 2016 Ventana Research11
Doldrums of Discovery: Visual Chaos
Avoid Visual Chaos
• Business is not trained to
interpret charts and
determine relevance of
visualization.
• Wrong assumptions can be
made on visuals guiding
incorrect actions.
• Time is wasted drilling
around charts and not clear
what is important or
relevant.
© 2016 Ventana Research12 © 2016 Ventana Research12
Doldrums Lead to Frustration
© 2016 Ventana Research13 © 2016 Ventana Research13
Analytics Priorities for Organizations
Related research facts:
•Range of analytics are needed
to meet the usage personas.
•Predictive analytics ranks
number five in analytic
capabilities currently available in
the organization (57%), lagging
more descriptive approaches of
query and reporting (74%)
•Visual analytics is used for
contextual understanding (48%)
and root cause analysis (40%)
Source: Ventana Research Big Data Analytics Benchmark Research
18%47%
Advanced /
predictive
26%13%
Descriptive
analytics
20%16%
Real-time
analytics
13%9%Visual Analytics
In-database
analytics
In-memory
analytics
SecondFirst
Importance
15%9%
7%4%
© 2016 Ventana Research14 © 2016 Ventana Research14
Where do Analysts Spend (Waste) Time
Largest time spent on data related tasks:
Preparing Data for
Analysis
55%
Reviewing data for quality and
consistency
48%
Determine how
changes impact
business
21%
Trying to determine root
cause of situation
27%
Waiting for data and information
from IT
28%
Source: Ventana Research Data and Analytics in the Cloud Benchmark Research
© 2016 Ventana Research15 © 2016 Ventana Research15
Modernize Analytics and BI Effectively
© 2016 Ventana Research
9
© 2016 Ventana Research16 © 2016 Ventana Research16
Effective Evaluation of Analytics & BI
Download Executive Summary
http://www.ventanaresearch.com/BIValueIndex/
© 2016 Ventana Research17 © 2016 Ventana Research17
Empower Analysts but Simplify Business
© 2016 Ventana Research18 © 2016 Ventana Research18
Simplify Analytics for Business and IT
© 2016 Ventana Research19 © 2016 Ventana Research19
Next Steps for Analytics and BI
1. Establish a unified approach
to analytics and business
intelligence.
2. Avoid the discovery tool
dilemma that has complicated
self-service and created more
confusion for business.
3. Get data visualization that
helps guide actions and make
decisions in a timely manner.
4. Eliminate the gaps and data
discrepancies associated with
data discovery tools.
© 2016 Ventana Research20 © 2016 Ventana Research20
Questions?
Twitter
@marksmithvr and @ventanaresearch
LinkedIn
http://www.linkedin.com/company/ventana-research
Analyst Perspectives
http://marksmith.ventanaresearch.com
© 2016 Ventana Research21 © 2016 Ventana Research
Ditch Discovery Doldrums
Mark Smith
CEO & Chief Research Officer
Beyond Data Discovery
Michael Corcoran
Sr. Vice President & CMO
April 11, 2016
22
About Us
Information Builders
23
Our goal is to deliver the industry’s best engineered software
and top customer service to ensure customer success.
Founded
in 1975
1,350
employees
Millions
of users
Global market
presence
10,000
customers
Better Data.
Better Analytics.
Award
winning
service
Award
winning
software
Better Data. Better Analytics.
24
Who Needs It?
Business Intelligence & Analytics
Business Analyst Operational Worker
Data
Scientist Partners
Customers
Data Mining
Statistics
Predictive
Spreadsheets
Data Discovery
Query & Analysis
Managers
Mobile Apps
Portal
e-Statements
In-store Kiosk
Supplier,
Distributor,
Retailer Portals
Decision Support Apps
Reports
Performance Metrics
Event-driven Alerts
Dashboards
Scorecards
Powerpoint
Production Reports
Back Office Operations, Partners, Customers22% 78%
Self-Service BI & Analytics for Everyone
Business Opportunities
Pervasive (Operational) BI and Analytics
Employees Operational
Reporting & Alerts,
Decision Support,
Performance
Benchmarks
Operationalize
Insights,
Change Culture,
Performance
Benchmarks,
Information
Exchange
Partners,
Suppliers &
Distributors
Operational
Optimize Supply
Chain,
Meet SLA’s
Eliminate Waste
Customers,
Citizens, Patients
& Students
Vital Self-service
Experience,
e-Statements
New Revenue,
Loyalty/Retention,
Public Awareness
Data Monetization
Back-Office BI and Analytics
Executive
Management
Strategic
Metrics
Dashboards
Scorecards
High-level
Decision-making
Analysts Analytical Analytics
Advanced Analytics
Generate Insight,
Identify Problems
& Trends
Organizational
Role
RequirementsUsers Results
InformationWeek 2015 CIO Survey
The Gaps Between Business and Technology
Integrity
Intelligence
Integration
Information Builders’ 3i Platform
Better Data. Better Analytics.
IT Developers Management Operational Workers Business Partners Customers
Tools for Business Users & IT; InfoAppsTM for the Masses
Self-Service BI and Analytics for Everyone
29
InfoAppsTM
Dashboards &
Scorecards
Governed Self-service
Reporting
Mobile InfoApps
E-Statements
Data Discovery
InfoApps
Predictive InfoApps
Search & Social Analytic
InfoApps
Portal
Create your
own App Store
experience
Operationalize Insights & Monetize Data
Business Analysts
App Studio InfoAssist+
Data
Discovery
Predictive
Analytics
Social
Intelligence
Search
Location
Intelligence
Reporting
Dashboards
Generate & Deploy Insights
Social
Hot
Bad
Feedback
I. Executive Summary
Page 10
Management
Dashboards & Scorecards
Business Analysts
Simple to Advanced Analytics Tools
Operational Workers
Real-time Reporting & Decision
Support Apps
Supply Chain Partners
Performance Metrics & Reporting Apps
Customer & Citizens
Self-service Reporting Portals &
Analytic e-Statements
WebFOCUS
Self-Service BI and Analytics for Everyone
Customer Results
31
In Their Own Words…
Follow us…
32
Twitter
@mpcorcoran and @infobldrs
Facebook
www.facebook.com/informationbuilders
LinkedIn
www.linkedin.com/company/information-builders
Summary & Discussion
33
Mark Smith
CEO & Chief Research Officer
Michael Corcoran
Sr Vice President & CMO

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Ditch Discovery Doldrums: Unify Silos of Analytics for Self-Service Success

  • 1. © 2016 Ventana Research1 © 2016 Ventana Research Ditch Discovery Doldrums Mark Smith CEO & Chief Research Officer
  • 2. © 2016 Ventana Research2 © 2016 Ventana Research2 New Generation of Analytics
  • 3. © 2016 Ventana Research3 © 2016 Ventana Research3 Many Choices Exist for Analytics & BI
  • 4. © 2016 Ventana Research4 © 2016 Ventana Research4 The Personas for Analytics & BI Analytics and BI must meet the following usage roles and responsibilities: Information Consumers • Digest information and perform basic interactions Knowledge Workers • Utilize and interact analytics to drive actions and decisions. Designers • Enable the design and use of information across roles. Analysts • Mashup data and design analytics to provide foundational insights for business. Data Geeks • Enable big data to be exploited in an immature world through Data Scientists. IT and Business Intelligence Experts • Utilize the tools to provide secured access to data and related analytics and metrics.
  • 5. © 2016 Ventana Research5 © 2016 Ventana Research5 Discovery Helps Analysts not Business
  • 6. © 2016 Ventana Research6 © 2016 Ventana Research6 Use Categories for Evaluation Criteria Leverage a framework like that from Ventana Research that examines vendors and products across evaluation criteria in categories that represents how products are used across roles. Just focusing on one category or focusing on non-relevant categories like vision and execution could be detrimental to your organizations use of products. Categories Usability Functionality Reliability Manageability Adaptability TCO/ROI Validation
  • 7. © 2016 Ventana Research7 © 2016 Ventana Research7 Use Categories for Evaluation Criteria Leverage a framework like that from Ventana Research that examines vendors and products across evaluation criteria in categories that represents how products are used across roles. Just focusing on one category or focusing on non-relevant categories like vision and execution could be detrimental to your organizations use of products. Categories Usability (63%) Functionality (50%) Reliability (50%) Manageability (42%) Adaptability (32%) TCO/ROI (31%) Validation (20%) Source: Ventana Research Big Data Analytics Benchmark Research (Percentages represent very important rating to organizations.)
  • 8. © 2016 Ventana Research8 © 2016 Ventana Research8 Analytics and BI Functionality Criteria Data Model Access Analytics Discovery Integrate Predict Communication Collaborate Manage Inform Act Automate
  • 9. © 2016 Ventana Research9 © 2016 Ventana Research9 Analytics Require Range of Discovery Spectrum of Methods: • Event: Use of streams of events from applications, and machine data like IoT. (49%) • Data: Utilizing data to better understand it. (64%) • Visual: Presenting data in a for visual interaction. (31%) • Information: Harvesting content and text for interactions. (57%) (Percentages indicate organizations that have analytics for big data.) Source: Ventana Research Big Data Analytics Benchmark Research
  • 10. © 2016 Ventana Research10 © 2016 Ventana Research10 Visual Discovery Should Clarify not Confuse
  • 11. © 2016 Ventana Research11 © 2016 Ventana Research11 Doldrums of Discovery: Visual Chaos Avoid Visual Chaos • Business is not trained to interpret charts and determine relevance of visualization. • Wrong assumptions can be made on visuals guiding incorrect actions. • Time is wasted drilling around charts and not clear what is important or relevant.
  • 12. © 2016 Ventana Research12 © 2016 Ventana Research12 Doldrums Lead to Frustration
  • 13. © 2016 Ventana Research13 © 2016 Ventana Research13 Analytics Priorities for Organizations Related research facts: •Range of analytics are needed to meet the usage personas. •Predictive analytics ranks number five in analytic capabilities currently available in the organization (57%), lagging more descriptive approaches of query and reporting (74%) •Visual analytics is used for contextual understanding (48%) and root cause analysis (40%) Source: Ventana Research Big Data Analytics Benchmark Research 18%47% Advanced / predictive 26%13% Descriptive analytics 20%16% Real-time analytics 13%9%Visual Analytics In-database analytics In-memory analytics SecondFirst Importance 15%9% 7%4%
  • 14. © 2016 Ventana Research14 © 2016 Ventana Research14 Where do Analysts Spend (Waste) Time Largest time spent on data related tasks: Preparing Data for Analysis 55% Reviewing data for quality and consistency 48% Determine how changes impact business 21% Trying to determine root cause of situation 27% Waiting for data and information from IT 28% Source: Ventana Research Data and Analytics in the Cloud Benchmark Research
  • 15. © 2016 Ventana Research15 © 2016 Ventana Research15 Modernize Analytics and BI Effectively © 2016 Ventana Research 9
  • 16. © 2016 Ventana Research16 © 2016 Ventana Research16 Effective Evaluation of Analytics & BI Download Executive Summary http://www.ventanaresearch.com/BIValueIndex/
  • 17. © 2016 Ventana Research17 © 2016 Ventana Research17 Empower Analysts but Simplify Business
  • 18. © 2016 Ventana Research18 © 2016 Ventana Research18 Simplify Analytics for Business and IT
  • 19. © 2016 Ventana Research19 © 2016 Ventana Research19 Next Steps for Analytics and BI 1. Establish a unified approach to analytics and business intelligence. 2. Avoid the discovery tool dilemma that has complicated self-service and created more confusion for business. 3. Get data visualization that helps guide actions and make decisions in a timely manner. 4. Eliminate the gaps and data discrepancies associated with data discovery tools.
  • 20. © 2016 Ventana Research20 © 2016 Ventana Research20 Questions? Twitter @marksmithvr and @ventanaresearch LinkedIn http://www.linkedin.com/company/ventana-research Analyst Perspectives http://marksmith.ventanaresearch.com
  • 21. © 2016 Ventana Research21 © 2016 Ventana Research Ditch Discovery Doldrums Mark Smith CEO & Chief Research Officer
  • 22. Beyond Data Discovery Michael Corcoran Sr. Vice President & CMO April 11, 2016 22
  • 23. About Us Information Builders 23 Our goal is to deliver the industry’s best engineered software and top customer service to ensure customer success. Founded in 1975 1,350 employees Millions of users Global market presence 10,000 customers Better Data. Better Analytics. Award winning service Award winning software
  • 24. Better Data. Better Analytics. 24
  • 25. Who Needs It? Business Intelligence & Analytics Business Analyst Operational Worker Data Scientist Partners Customers Data Mining Statistics Predictive Spreadsheets Data Discovery Query & Analysis Managers Mobile Apps Portal e-Statements In-store Kiosk Supplier, Distributor, Retailer Portals Decision Support Apps Reports Performance Metrics Event-driven Alerts Dashboards Scorecards Powerpoint Production Reports Back Office Operations, Partners, Customers22% 78%
  • 26. Self-Service BI & Analytics for Everyone Business Opportunities Pervasive (Operational) BI and Analytics Employees Operational Reporting & Alerts, Decision Support, Performance Benchmarks Operationalize Insights, Change Culture, Performance Benchmarks, Information Exchange Partners, Suppliers & Distributors Operational Optimize Supply Chain, Meet SLA’s Eliminate Waste Customers, Citizens, Patients & Students Vital Self-service Experience, e-Statements New Revenue, Loyalty/Retention, Public Awareness Data Monetization Back-Office BI and Analytics Executive Management Strategic Metrics Dashboards Scorecards High-level Decision-making Analysts Analytical Analytics Advanced Analytics Generate Insight, Identify Problems & Trends Organizational Role RequirementsUsers Results
  • 27. InformationWeek 2015 CIO Survey The Gaps Between Business and Technology Integrity Intelligence Integration
  • 28. Information Builders’ 3i Platform Better Data. Better Analytics.
  • 29. IT Developers Management Operational Workers Business Partners Customers Tools for Business Users & IT; InfoAppsTM for the Masses Self-Service BI and Analytics for Everyone 29 InfoAppsTM Dashboards & Scorecards Governed Self-service Reporting Mobile InfoApps E-Statements Data Discovery InfoApps Predictive InfoApps Search & Social Analytic InfoApps Portal Create your own App Store experience Operationalize Insights & Monetize Data Business Analysts App Studio InfoAssist+ Data Discovery Predictive Analytics Social Intelligence Search Location Intelligence Reporting Dashboards Generate & Deploy Insights Social Hot Bad Feedback
  • 30. I. Executive Summary Page 10 Management Dashboards & Scorecards Business Analysts Simple to Advanced Analytics Tools Operational Workers Real-time Reporting & Decision Support Apps Supply Chain Partners Performance Metrics & Reporting Apps Customer & Citizens Self-service Reporting Portals & Analytic e-Statements WebFOCUS Self-Service BI and Analytics for Everyone
  • 32. Follow us… 32 Twitter @mpcorcoran and @infobldrs Facebook www.facebook.com/informationbuilders LinkedIn www.linkedin.com/company/information-builders
  • 33. Summary & Discussion 33 Mark Smith CEO & Chief Research Officer Michael Corcoran Sr Vice President & CMO