|By Robert Eve||
|November 26, 2012 07:15 AM EST||
Whether as a driver for growth, a means to attract and retain customers, or a way to drive innovation and reduce costs, the business value of analytics and business intelligence has never been higher.
Data Integration Is the Biggest Bottleneck
Providing analytics and BI solutions with the data required has always been difficult, with data integration long considered the biggest bottleneck in any analytics or BI project.
Complex data landscapes, diverse data types, new sources such as big data and the cloud are but a few of the well-known barriers.
For the past two decades, the default solution has been to first consolidate the data into a data warehouse, and then provide users with tools to analyze and report on this consolidated data.
However, data integration based on these traditional replication and consolidation approaches have numerous moving parts that must be synchronized. Doing this right extends lead times.
The Data Warehousing Institute confirms this lack of agility. Their recent study stated the average time needed to add a new data source to an existing BI application was 8.4 weeks in 2009, 7.4 weeks in 2010, and 7.8 weeks in 2011. And 33% of the organizations needed more than 3 months to add a new data source.
Data Virtualization Brings Agility to Analytics and BI
According to Data Virtualization: Going Beyond Traditional Data Integration to Achieve Business Agility, data virtualization significantly accelerates data integration agility. Key to this success has been data virtualization's ability to provide:
- A more streamlined data integration approach
- A more iterative development process
- A more adaptable change management process
Using data virtualization as a complement to existing data integration approaches, the ten organizations profiled in the book cut analytics and BI project times in half or more.
This agility allowed the same teams to double their number of analytics and BI projects, significantly accelerating business benefits.
For more insights on data virtualization and business agility, check out my earlier articles on this topic.
- Virtualization Magazine's How Data Virtualization Delivers Business Agility - Part 1 focuses on data virtualization's ability to provide more complete, timely and accurate information
Simplify to Overcome Historical IT Complexity
Data virtualization's simplified information access and faster time-to-solution is especially useful as an enabler for more agile analytics and BI
Is Data Virtualization the Fast Path to BI Agility? describes how the architectures of most business intelligence systems are based on a complex chain of data stores starting with production databases, data staging areas, a data warehouse, dependent data marts, and personal data stores. Simply maintaining this complexity is overwhelming IT today.
These classic BI architectures served business well for the last twenty years. However, considering the need for more agility, they have some disadvantages:
From a different point of view, SOA World's Zettabytes of Data and Beyond describes the challenges of force-fitting development methods that were appropriate for earlier times when less data complexity was the norm.
In addition, the proliferation of fit-for-purpose data stores including data warehouse appliances, Hadoop-based file systems, and a range of No-SQL data stores are breaking the hegemony of the traditional data warehouse as the "best" solution to the enterprise-level data integration problem. The business and IT impact of these new approaches can be explored in the Virtualization Magazine article NoSQL and Data Virtualization - Soon to Be Best Friends.
Self-Service Analytics and BI are Important Too!
Mergers and acquisitions and evolving supply chains require new comparisons and aggregations. The explosion of social media drives demand for new customer insights. Mobile computing changes form factors. And self-service BI puts users in the driver's seat.
Business Taking Charge of Analytics and BI
In true Darwinian fashion, the business side of most organizations is now taking greater responsibility for fulfilling its own information needs rather than depending solely on already-burdened IT resources.
For example, in a 2011 survey of over 625 business and IT professionals entitled Self-Service Business Intelligence: TDWI Best Practices Report, @TDWI July 2011,The Data Warehousing Institute (TDWI) identified the following top five factors driving businesses toward self-service business intelligence:
In the same survey report, authors Claudia Imhoff and Colin White suggest that IT's focus shifts toward making it easier for business users "to access the growing number of dispersed data sources that exist in most organizations."
Examples Imhoff and White cite include:
Data Virtualization to the Self-Service Rescue
In the TDWI survey, 60% of respondents rated business views of source data as "very important," and 44% said on-demand access to multiple data sources using data federation technologies was "very important."
According to Imhoff and White, "Data virtualization and associated data federation technologies enable BI/DW builders to build shared business views of multiple data sources so that the users do not have to be concerned about the physical location or structure of the data.
These views are sometimes known as virtual business views because, from an application perspective, the data appears to be consolidated in a single logical data store. In fact, it may be managed in multiple physical data structures on several different servers.
Data virtualization platforms such as the Composite Data Virtualization Platform support access to different types of data sources, including relational databases, non-relational systems, application package databases, flat files, Web data feeds, and Web services.
To Achieve Self-Service BI, Consider Using Data Virtualization provides additional insights on about how data virtualization enables self-service analytics and BI.
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Jun. 27, 2016 02:30 PM EDT Reads: 1,144
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Jun. 27, 2016 01:01 PM EDT Reads: 176
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Bradley Holt, Developer Advocate a...
Jun. 27, 2016 12:00 PM EDT Reads: 776
Presidio has received the 2015 EMC Partner Services Quality Award from EMC Corporation for achieving outstanding service excellence and customer satisfaction as measured by the EMC Partner Services Quality (PSQ) program. Presidio was also honored as the 2015 EMC Americas Marketing Excellence Partner of the Year and 2015 Mid-Market East Partner of the Year. The EMC PSQ program is a project-specific survey program designed for partners with Service Partner designations to solicit customer feedbac...
Jun. 27, 2016 11:55 AM EDT Reads: 230
Connected devices and the industrial internet are growing exponentially every year with Cisco expecting 50 billion devices to be in operation by 2020. In this period of growth, location-based insights are becoming invaluable to many businesses as they adopt new connected technologies. Knowing when and where these devices connect from is critical for a number of scenarios in supply chain management, disaster management, emergency response, M2M, location marketing and more. In his session at @Th...
Jun. 27, 2016 10:00 AM EDT Reads: 1,012
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Jun. 27, 2016 09:30 AM EDT Reads: 853
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Jun. 27, 2016 07:30 AM EDT Reads: 1,021
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Jun. 26, 2016 05:00 PM EDT Reads: 1,312
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Jun. 26, 2016 05:00 PM EDT Reads: 1,223
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Jun. 26, 2016 04:00 PM EDT Reads: 1,280
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Jun. 26, 2016 04:00 PM EDT Reads: 1,341
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change t...
Jun. 26, 2016 02:00 PM EDT Reads: 1,172
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
Jun. 26, 2016 12:00 PM EDT Reads: 1,360
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Jun. 26, 2016 12:00 PM EDT Reads: 1,105
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Jun. 26, 2016 12:00 PM EDT Reads: 1,304
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Jun. 26, 2016 12:00 PM EDT Reads: 1,134
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
Jun. 26, 2016 09:45 AM EDT Reads: 671
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Jun. 25, 2016 03:00 PM EDT Reads: 1,631
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Jun. 24, 2016 01:00 PM EDT Reads: 1,374
Amazon has gradually rolled out parts of its IoT offerings, but these are just the tip of the iceberg. In addition to optimizing their backend AWS offerings, Amazon is laying the ground work to be a major force in IoT - especially in the connected home and office. In his session at @ThingsExpo, Chris Kocher, founder and managing director of Grey Heron, explained how Amazon is extending its reach to become a major force in IoT by building on its dominant cloud IoT platform, its Dash Button strat...
Jun. 24, 2016 12:00 PM EDT Reads: 1,673