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|| Business Intelligence |
Russian market of BI
The Russian market of BI solutions continues to grow and develop. Increase in a role of analytics in the organization and optimization of workflows of the companies, together with the sharp growth of number of the processed information and development of the innovation instruments of data processing, promote sales increase of analytical software. Growth of the market of BI is also stimulated with the Digital Economy program – in it, among the major digital technologies, Big Data and artificial intelligence are selected.
Main trends of the Russian market of BI
In 2018 in trends of the market of BI remain cloud and open source of the solution, migration on domestic goods is relevant, the demand of tools of predictive and advanced analytics grows.
|Neoflex Reporting Big Data Edition is the new version of the Neoflex Reporting system which, as of September, 2018, is used in more than 20 banking and non-bank financial institutions for receiving a different type of the reporting. Neoflex Reporting Big Data Edition integrates advantages of classical technologies and the last practices in the field of processing of Big Data. Neoflex Reporting Big Data Edition allows the customers having large volumes of diverse data to prepare the regulatory reporting according to strict requirements of the Central Bank of the Russian Federation. High high-speed performance of a system is reached due to use of technologies of a stack of Big Data. For storage of detailed data HDFS (Hadoop), and for processing — Spark which supports the distributed calculation in-memory is used. Learn more...
|In the modern world data are a valuable asset which is capable to bring to the enterprise an economic benefit: provide direct monetization and increase revenue. The organizations implement the system of management "the Industries 4.0": pass from intuitive methods of acceptance of business solutions to management on the basis of data analysis, improve business intelligence tools, develop the corresponding employee competences. Learn more...
Russian Big Data market
It is difficult to call the industry where technologies of the analysis of Big Data will not be demanded in the short term. At the same time the Big Data direction develops more actively in the companies which saved up big layers of the structured and unstructured information: financial sphere, telecommunications, Internet commerce, retail.
World market of BI and Big Data
In February, 2018 Gartner released the next magic quadrant, having included in it 20 BI systems. The third year in a row 3 vendors - Qlik, Tableau and Microsoft became leaders. Carried only one company to number of applicants of analytics - Microstrategy. Visionaries are called by IBM, Tibco Software, SAP, SAS, ThoughtSpot, Salesforce and Sisense. 9 vendors - Logi Analytics, Pyramid Analytics, Yellowfin, BOARD International, Oracle, Information Builders, Looker, Domo, Birst became niche players (Niche players).
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In September, 2018 the International Data Corporation (IDC) analytical company provided some results of a research of the world market of the software for work with Big Data and analytical tools. At the end of 2017 sales of such software on a global scale reached nearly $45 billion against $40.8 billion the previous year and $37.5 billion in 2015. More than 70% of income in the considered market were the share of ten the largest producers.
The largest software makers for work with Big Data and analytical tools, data of IDC for 2015-2017.
Determinations of BI and Big Data
Uncertainty of the term business intelligence was affected by polysemy of the English word "intelligence". Today theorists, vendors and market researchers of BI often disperse in determination of the fact that such BI (the system of the business analysis).
The specialist in Big Data – that hero who on the basis of studying of data bulks in different spheres of life (it can be both business, and science), formulates trends selects trends and predicts what cannot be seen with the naked eye. In practice such researches lead to discoveries, increase in company performance, determination of new sources of income, improvement of customer service, etc., but it can unroll Big Data ball not to everyone.
Due to growth of popularity of data science (DS) there are two obvious questions. The first – in what consists qualitative difference of this recently created scientific direction from the business intelligence direction (BI) existing several decades and actively used in the industry? The second - perhaps more important from the practical point of view - with what functions of specialists of two related specialties data scientist and BI analyst differ? In the material prepared especially for TAdviser these questions are answered by the journalist Leonid Chernyak.
Self-service BI (literally - "the BI systems of self-service"). Emergence of a large number of the solutions of a business intelligence addressed to end users, experts of IDC and Gartner fixed since 2011-2012, stating formation of a new segment of the market of BI with "human face". And the term self-service BI - rather successful to it determination.
That such Self-Service BI? |
The developed visualization tools of data became an integral part of corporate BI platforms. Some vendors, such, for example, as Tableau, made visualization a cornerstone of the analytical systems. The trend penetrates the market of the systems of analytics completely: today even the simplest analytical tools for end users often rely on visual representation of data.
Further development of the world market of the business analysis will go on the way of active mastering of advanced (advanced) analytics, including the predicative analysis, creation of simulators and variable models.
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Data discovery rather young term, but some industrial BI platforms, such as QlikTech, for example, already constructed around it the marketing strategy. Such solutions became very popular with users thanks to simplicity of work and the available interface.
Additional and archive materials
Criteria of functionality and system performance should be regarded when choosing the solution for a business intelligence as of paramount importance. Selecting or updating a system for the business analysis, it is necessary to think over methods of storage and data integration, visualization tools and analysts.
Selection terms of systems|Choice of functionality
Growth of the direction of mobile analytics in Russia accompanies growth of interest of users in mobile versions of other classes of business systems. In process of increase in penetration of the corresponding hardware in a corporate segment, this phenomenon finally will find mass character.
World market |
Russian market |
Examples in operation
Special requirements are imposed to storage systems in a business intelligence. Growth of projects on implementation of the systems of business data analysis and Big Data technologies will provoke serious demand for DWH so the segment of storage systems for analytics and Big Data will grow by 1.5 times annually till 2016.
World market |
Key advantages from implementation of a BI system at the moment are fall forward and the accuracy of drawing up reports, analytics and planning, increase in process performance of decision making, increase in customer satisfaction. Much less often BI systems (the system of the business analysis) allow to achieve reduction of operating expenses or increase by total revenue.
the Tasks solved by a BI system|BI vs ERP|Advantages of BI in digits
- Data on BI systems (the systems of the business analysis) which are used in Russia and also unique information on the companies integrators and their BI projects are provided in tabs below.
- The companies can register the systems and projects in the directory of TAdviser/BI free of charge. The section is in a foreground mode of updating.