Oracle Analytics – Named Visionary Leader in Augmented Analytics for Business Transformation
Oracle Analytics Named as a “visionary” in Gartner’s 2020 magic quadrant for analytics and Business Intelligence, Oracle analytics is on its way to garnering >10% of the global market share.
Organizations worldwide have been witnessing the accelerated convergence of automation, artificial intelligence, and IoT (Internet of Things) with edge analytics. Prediction and decision making tools have become smarter, augmented by cognitive analytics, and are ready for deployment from Top floor to shop floor. Work from home imperatives due to COVID has redefined the boundaries of offices due to which automation and the ability to process and deliver data and insights to remote workers securely is an immediate need. DataTerrain consultants are also observing that significant advances in edge computing have made strides towards addressing security concerns of CXOs in the new normal. Named as a “visionary” in Gartner’s 2020 magic quadrant for analytics and Business Intelligence, Oracle analytics is on its way to garnering >10% of the global market share.
Increasingly, CXOs have realized that there is enough technical and technological capability available to address their major business problems, and they can benefit from getting their organizations to embrace the possibilities. Therefore, it is no surprise that researchers expect the global Business Intelligence (BI) and analytics market to grow in double-digit percentages to cross $50 Billion by 2025, generating well over 3 million jobs. DataTerrain consultants have observed that Fortune 50 organizations rapidly innovating and accelerating their business transformation in the post-COVID era focus on use cases around BI reporting, self-service BI and business dashboards as their top priorities. CXOs looking for rich functionality and continuously evolving capabilities are increasingly turning to Oracle Analytics to address these needs.
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Available on-premise or on the cloud, Oracle Analytics offers a comprehensive solution to enable organizational users to gain intelligent insights by asking any question of any data from various devices. DataTerrain subject matter experts have noted that individuals in an organization can collaborate and share insights with others across departments within the robust, built-in security and governance layer provided by Oracle. Oracle analytics users can set up robust reporting, ad-hoc query, and analysis, OLAP, scorecards, dashboards, visualization, and alerts with the rich end-user experience. Cost optimization is enabled by the service-oriented architecture of Oracle and its ability to integrate with existing IT infrastructure seamlessly.