Introduction
Oracle research suggests that more and more
companies have more data which they can use effectively, yet most of business
analyst claim that systems would not provide the right information which they
need to make important decisions. As a result more than 90% of them are losing
revenue.
In response, IT strategies are changing fast.
We are at the forefront of a seismic shift in investments. Big data is moving center-stage, mobile computing
is infiltrating enterprise computing, and many CIOs are adopting a cloud strategy
for rapid provisioning of IT environments. Formulating a big data strategy with
analytics is central to deriving value from corporate investments.
This blog is an attempt to share the outcome
of Oracle published Research to wider audience. I am planning to work on each
of findings in more details in near future.
Oracle
Survey
Oracle surveyed hundreds of IT decision
makers to learn about their plans for 2014—both within the Oracle customer base
and the industry at large.
The important questions on which this survey
was focused are as follows..
Which information management priorities are
at the top of the corporate IT agenda? What are the most compelling
developments in big data, analytics, mobile computing, data warehousing, and
cloud computing that motivate IT leaders to undertake new technology
initiatives?
Top 10
Trends for Big Data and Analytics
Respondents provided specific feedback on
analytics, big data, and enterprise performance management (EPM) technologies
and practices. From this extensive data set we compiled the following trends
Trend 1: Business Users Get
Hooked on Mobile Analytics
Trend 2: Analytics Take to the
Cloud
Trend 3: Hadoop-Based Data
Reservoirs Unite with Data Warehouses
Trend 4: New Skills Bolster
Big Data Investments
Trend 5: Big Data Discovery
is the Secret to Workforce Success for HCM
Trend 6: Predictive Analytics
Lend Fresh Insight into Big Data Strategies
Trend 7: Predictive Analytics
Bring New Insight to Old Business Processes
Trend 8: Decision
Optimization Technologies Enhance Human Intuition
Trend 9: Business Leaders
Embrace Packaged Analytics
Trend 10: New Skills Launch
New Horizons of Analysis
Conclusion
In nearly every industry, organizations are
challenged to make sense of a growing base of information. Data influences many
types of business decisions, motivating IT leaders to deploy intuitive BI
tools, to acquire pre-built analytics for LoB applications, and to utilize
mobile and cloud models for economy and convenience.
Market leaders gain the upper hand through
effective use of technology. They rely on modern software tools to integrate
structured and unstructured data, to empower business users with self-service
capabilities, to model large data sets, and to make bold predictions based on patterns
in the data.
Oracle’s unrivaled portfolio of intuitive
business intelligence, best practice analytic applications, advanced analytics,
gold-standard data warehouse, and engineered systems provides the flexibility
and speed necessary to harness the 2014 trends in mobile, cloud, and big data
computing.
Source
Document
Big Data and Analytics Top Ten Trends for
2014
I hope you find this shared information useful.
