Sunday, April 22, 2012

Gartner says Predictive Analytics is the Hot BI Topic

Rita Sallam, BI analyst for Gartner, says that the use of predictive analytics software will be pervasive by 2020. By pervasive, she means that three-quarters of all users will have access to predictive functionality. Today, that figure is less than one-third, while Sallam expects it to grow to half of the users in the next two years.
“Analytics is the combustion engine of business, and it will be necessary for organizations that want to grow, innovate and optimize efficiency. Given its far-reaching impact, it is one of the few software markets that thrive even in adversity.”

Interestingly, Rita points out that the idea of selecting a BI standard stack based on a particular mega-vendor may be a thing of the past, especially when it comes to predictive analytics software.
“A stack-centric mentality and single vendor standardization policies won't cut it. Understand that your organization needs a portfolio of analytic capabilities.”

For more information, see this article from Enterprise Apps Today.

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I am a project-based software consultant, specializing in automating transitions from legacy reporting applications into modern BI/Analytics to leverage Social, Cloud, Mobile, Big Data, Visualizations, and Predictive Analytics using Information Builders' WebFOCUS. Based on scores of successful engagements, I have assembled proven Best Practice methodologies, software tools, and templates.

I have been blessed to work with innovators from firms such as: Ford, FedEx, Procter & Gamble, Nationwide, The Wendy's Company, The Kroger Co., JPMorgan Chase, MasterCard, Bank of America Merrill Lynch, Siemens, American Express, and others.

I was educated at Valparaiso University and the University of Cincinnati, where I graduated summa cum laude. In 1990, I joined Information Builders and for over a dozen years served in regional pre- and post-sales technical leadership roles. Also, for several years I led the US technical services teams within Cincom Systems' ERP software product group and the Midwest custom software services arm of Xerox.

Since 2007, I have provided enterprise BI services such as: strategic advice; architecture, design, and software application development of intelligence systems (interactive dashboards and mobile); data warehousing; and automated modernization of legacy reporting. My experience with BI products include WebFOCUS (vendor certified expert), R, SAP Business Objects (WebI, Crystal Reports), Tableau, and others.