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Gartner Says Worldwide Business Intelligence and Analytics Market to Reach $16.9 Billion in 2016

SYDNEY, Australia, February 3, 2016

Analysts to Discuss Shift to Modern Business Intelligence and Analytics at Gartner Business Intelligence, Analytics & Information Summits in 2016

Global revenue in the business intelligence(BI) and analytics market is forecast to reach $16.9 billion in 2016, an increase of 5.2 percent from 2015, according to the latest forecast from Gartner, Inc.

According to Gartner, the BI and analytics market is in the final stages of a multiyear shift from IT-led, system-of-record reporting to business-led, self-service analytics. As a result, the modern business intelligence and analytics (BI&A) platform has emerged to meet new organizational requirements for accessibility, agility and deeper analytical insight.

“The shift to the modern BI and analytics platform has now reached a tipping point,” said Ian Bertram, managing vice president at Gartner. “Organizations must transition to easy-to-use, fast and agile modern BI platforms to create business value from deeper insights into diverse data sources.”

The democratization of analytics

Gartner says that as analytics has become increasingly strategic to most businesses and central to most business roles, every business is an analytics business, every business process is an analytics process and every person is an analytics user.

“It is no longer possible for chief marketing officers (CMOs) to be experts only in branding and ad placement,” said Mr. Bertram. “They must also be customer analytics experts. The same is true for the chief HR, supply chain and financial roles in most industries.”

To meet the time-to-insight demanded by today’s competitive business environment, many organizations want to democratize analytics capabilities via self-service.

Defining the modern BI and analytics platform

The most significant difference between a modern BI and analytics platform and a traditional, IT-centric reporting and analysis platform is the amount of upfront modeling required, as well as the skills needed, to build analytics content (see Table 1). Creating analytics content via IT-centric reporting platforms starts with IT consolidating and modeling data in advance. By contrast, a modern BI&A platform supports IT-enabled development of analytics content.

Table 1: High-Level Comparison of Traditional and Modern BI and Analytics Platforms

Analytics Workflow Component IT-Centric Reporting and Analysis Platform Modern BI and Analytics Platform
Data Source Upfront dimensional modeling required (IT-built star schemas) Upfront modeling not required (flat files/flat tables)
Data Ingestion and Preparation IT-produced IT-enabled
Content Authoring Primarily IT staff, but also some power users Business users
Analysis Structured ad hoc reporting and analysis based on a predefined model Free-form exploration
Insight Delivery Distribution and notifications via scheduled reports or a portal Delivery via sharing and collaboration, storytelling, and open APIs

Source: Gartner (February 2016)

“To get the full benefit of modern BI and analytics platforms, leaders must rethink most aspects of their current IT-centric, centralized analytics deployments, including technology, roles and responsibilities, organizational models, governance processes and leadership,” said Mr. Bertram.

More detailed analysis is available for Gartner clients in the reports “How to Modernize Your Business Intelligence and Analytics Platform for Agility, Without Chaos” and “Forecast Analysis: Enterprise Application Software, Worldwide, 4Q15 Update”.

Contacts: Susan Moore, Gartner

Thoma Bravo Acquires Qlik Technologies for $3 Billion

Source: by Reuters, June 2 2016

The company bowed to pressure from Elliott Management Corp.

U.S. data analytics firm Qlik Technologies Inc ( QLIK 0.08% ) agreed to sell itself to private equity firm Thoma Bravo LLC for about $3 billion, bowing to pressure from hedge fund Elliott Management Corp.

Qlik’s shares were up 4.4 percent at $30.26 in early morning trading on Thursday, slightly below the offer price of $30.50 per share.

Hedge fund Elliott Management Corp, which disclosed an 8.8% stake in Qlik in March, had said the company was ripe for being taken over by a larger technology peer.

Qlik joins a long list of companies such as Compuware Corp ( CPWR 0.00% ) , Riverbed Technology Inc ( RVBD 0.00% ) , Blue Coat Systems and, Informatica ( INFA 0.00% ) that have been bought by private equity firms after Elliott started urging them to sell. Some of these companies were sold to Thoma Bravo.

Reuters had reported on Tuesday that Thoma Bravo was preparing to submit a binding bid for Qlik.


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Thoma Bravo Acquires Qlik

We are growing UP!

BlueBiz Consulting’s 5th Anniversary is coming soon!


Daniel 4 1In September, BlueBiz Consulting will reach 5 years in the space of Information Management, Business Intelligence, Big Data, Analytics, Cloud Analytics (SaaS), Data Visualization, Data Governance, Performance Management and Tableau Software.

During that time we have invested in people, infrastructure, technology and learning. We have cemented an excellent reputation within the Business Intelligence and Analytics community, we have developed benchmarks and standards and we have acquired great expertise in the field of practice, from managing complex business intelligence and analytics projects to delivering findings and recommendations to enhance performance or to facilitate informed decision-making.

Ultimately we grew. We went from running a SOHO to renting more space at a separate location. We increased our client base and we dedicated to help clients to understand the importance of data analytics. During the past years we fostered the use of data as enabler for performance improvement and evidence-based decision-making.

Many times I felt that I was ahead of the curve when I decided to found BlueBiz Consulting back in 2011. Today the marketplace is savvier and more mature and clients don’t panic when they hear the word “Analytics”. On one hand that is great but on the other hand the competition is fierce. Today, organizations are aware of the value of data and thus they are working quickly to adopt and/or adapt data governance policies to the new culture of self-service analytics, empowering people to dig into their data and find the right answers to their questions.

How do we differentiate ourselves from our competitors? There are 4 main ways:

The first one is due to the fact that we are an advisory and technology delivery firm only and highly specialized in Information Management and its related field. We don’t do anything else. We are experts in Business Intelligence, Big Data, Analytics, Cloud, Data Visualization, Data Governance, Performance Management and Tableau Software.

BlueBiz Consulting’s associates are the best consultants, architects, designers, developers and project managers in the practice.

We are Tableau Partners. In 2012 we became Tableau Partners powering our solutions with Tableau Software as the world-class leading business intelligence platform for data visualization. Today, BlueBiz Consulting continues to strengthen that relationship with Tableau.

The fourth way is through the creation of Blue Analytics®, an exclusive set of customized solutions developed and designed to suit business needs regardless of the technology platform you have, using the latest trends and best practices there are.

Why Blue Analytics®? Because it is about trust and in-depth analyses. It is about facilitating the platform, the tools and the knowledge to dive-in and find those patterns and trends that will help you fix a problem, find the right answers or push you further to the next question. It is about confidence and reliability on the information that you got from our Blue Analytics® solution to make well-informed decisions. And, BlueBiz Consulting is committed to delivering all of the above.

I am extremely proud to accomplish this hallmark and for that I thank our clients, personnel, associates, partners and vendors who have helped us succeed and to be where we are at today.

I look forward to continuing the amazing journey of transforming businesses into data-driven organizations.

Daniel Vitaver

President and CEO

We are growing UP!

In September, BlueBiz Consulting will reach 5 years in the space of Information Management, Business Intelligence, Big Data, Analytics, Cloud Analytics (SaaS), Data Visualization, Data Governance, Performance Management and Tableau Software.

Click to learn more.

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