Need to optimize keeps analytics sizzlingOctober 18, 2010 No Comments
All said, the business analytics software space is “red hot” right now, said Sharon Tan, research manager of IDC Asia-Pacific’s information management and analytics department.
Large IT vendors such as Oracle, EMC and IBM are not only acquiring companies that have business intelligence (BI) and analytics capabilities to round out their existing product portfolio, but also those which have “preconfigured solutions” that can be easily assimilated, analysts noted.
Gartner’s principal research analyst Eric Thoo said large IT organizations are currently going through a period of “optimizing technology”, and BI software is a key component to providing a more comprehensive IT offering to customers. He explained that such optimization involves integrating existing hardware and software capabilities with analytics technology in a preconfigured “box” that can be easily deployed.DATA and ANALYTICS