5G Revolution: Telcos Becoming the New App Store for Industrial Apps

5G Revolution: Telcos Becoming the New App Store for Industrial Apps

The 5G Revolution 5G technology is knocking on our doors and is said to be around the corner. Mobile service providers have upped their game recently and are holding talks, events and discussions to formulate a plan for the launch of this futuristic network. Not
Embracing the Cloud Benefits of Greater Agility, Elasticity and Reduced CAPEX

Embracing the Cloud Benefits of Greater Agility, Elasticity and Reduced CAPEX

Unlocking the cloud’s potential through greater visibility Cloud is becoming increasingly integral to the enterprise. The extent of this was illustrated recently when Microsoft reported quarterly revenues of $9.6bn for its Intelligent Cloud offering, which was aggressively developed to capitalize on the fact that businesses

Which Analytics And BI Technologies Will Be The Highest Priority

  • 82% of enterprises are prioritizing analytics and BI as part of their budgets for new technologies and cloud-based services.
  • 54% say AI, Machine Learning and Natural Language Processing (NLP) are also a high investment priority.
  • 50% of enterprises say their stronger focus on metrics and Key Performance Indicators (KPIs) company-wide are a major driver of new investment in analytics and BI.
  • 43% plan to both build and buy AI and machine learning applications and platforms.

42% are seeking to improve user experiences by automating discovery of data insights and 26% are using AI to provide user recommendations.

These and many other fascinating insights are from the recent TDWI Best Practices Report, BI and Analytics in the Age of AI and Big Data. An executive summary of the study is available online here. The entire study is available for download here (39 PP., PDF, free, opt-in). The study found that enterprises are placing a high priority on augmenting existing systems and replacing older technologies and data platforms with new cloud-based BI and predictive analytics ones. Transforming Data with Intelligence (TDWI) is a global community of AI, analytics, data science and machine learning professionals interested in staying current in these and more technology areas as part of their professional development. Please see page 3 of the study for specifics regarding the methodology.

Key takeaways from the study include the following:

82% of enterprises are prioritizing analytics and BI applications and platforms as part of their budgets for new technologies and cloud-based services. 78% of enterprises are prioritizing advanced analytics, and 76% data preparation. 54% say AI, machine learning and Natural Language Processing (NLP) are also a high investment priority. The following graphic ranks enterprises’ investment priorities for acquiring or subscribing to new technologies and cloud-based services by analytics and BI initiatives or strategies.

Data warehouse or mart in the cloud (41%), data lake in the cloud (39%) and BI platform in the cloud (38%) are the top three types of technologies enterprises are planning to use. Based on this finding and others in the study, cloud platforms are the new normal in enterprises’ analytics and Bi strategies going into 2019. Cloud data storage (object, file, or block) and data virtualization or federation (both 32%) are the next-most planned for technologies by enterprises when it comes to investing in the analytics and BI initiatives.

The three most important factors in delivering a positive user experience include good query performance (61%), creating and editing visualizations (60%), and personalizing dashboards and reports (also 60%). The three activities that lead to the least amount of satisfaction are using predictive analytics and forecasting tools (27% dissatisfied), “What if” analysis and deriving new data (25%) and searching across data and reports (24%).

82% of enterprises are looking to broaden the base of analytics and BI platforms they rely on for insights and intelligence, not just stay with the solutions they have in place today. Just 18% of enterprises plan to add more instances of existing platforms and systems. Cloud-native platforms (38%), a new analytics platform (35%) and cloud-based data lakes (31%) are the top three system areas enterprises are planning to augment or replace existing BI, analytics, and data warehousing systems in.

The majority of enterprises plan to both build and buy Artificial Intelligence (AI) and machine learning (ML) solutions so that they can customize them to their specific needs. 43% of enterprises surveyed plan to both build and buy AI and ML applications and platforms, a figure higher than any other recent survey on this aspect of enterprise AI adoption. 13% of responding enterprises say they will exclusively build their own AI and ML applications.

Capitalizing on machine learning’s innate strengths of applying algorithms to large volumes of data to find actionable new insights (54%) is what’s most important to the majority of enterprises. 47% of enterprises look to AI and machine learning to improve the accuracy and quality of information. And 42% are configuring AI and machine learning applications and platforms to augment user decision making by giving recommendations.

By Louis Columbus

Louis Columbus

I am currently serving as Director, Global Cloud Product Management at Ingram Cloud. Previous positions include product marketing at iBASEt, Plex Systems, senior analyst at AMR Research (now Gartner), marketing and business development at Cincom Systems, Ingram Micro, a SaaS start-up and at hardware companies. I am also a member of the Enterprise Irregulars. My background includes marketing, product management, sales and industry analyst roles in the enterprise software and IT industries. My academic background includes an MBA from Pepperdine University and completion of the Strategic Marketing Management Program at the Stanford University Graduate School of Business. I teach MBA courses in international business, global competitive strategies, international market research, and capstone courses in strategic planning and market research. I've taught at California State University, Fullerton: University of California, Irvine; Marymount University, and Webster University. You can reach me on Twitter at @LouisColumbus.

View Website

BRANDED COMICS FOR YOUR NEXT CAMPAIGN

Get in touch with us regarding our introductory rates!

What makes ‘Cloud’ a dependable solution for the independent field workforce?

What makes ‘Cloud’ a dependable solution for the independent field workforce?

5 Reasons to Switch from Paper to Digital! The web of wireless networks has connected the entire world. It’s not ...
The Connected Car: The Unknown Hero of Automotive Innovation

The Connected Car: The Unknown Hero of Automotive Innovation

Connected Car Innovation Spanning the last decade, the automotive industry has seen an explosion of technological innovation which has, and ...
Chris

Why Containers Can’t Solve All Your Problems In The Cloud

Containers and the cloud Docker and other container services are appealing for a good reason - they are lightweight and ...
The Current State Of Cybersecurity Shows Now Is The Time For Zero Trust

The Current State Of Cybersecurity Shows Now Is The Time For Zero Trust

The Current State Of Cybersecurity 41% of total breaches in 2017 targeted the healthcare industry, making it the most popular ...
Working with security researchers to make the web safer for everyone

Working with security researchers to make the web safer for everyone

Working with security researchers What do a 19-year-old researcher from Uruguay, a restaurant owner from Cluj, Romania and a Cambridge ...

AWS Transit Gateway is Now Available in the AWS GovCloud (US) Regions

/
AWS Transit Gateway is now available in both AWS GovCloud (US) Regions. AWS Transit Gateway enables customers to connect thousands of Amazon Virtual Private Clouds (Amazon VPCs) and their on-premises networks using a single gateway ...

AWS CodeCommit Now Available in the AWS GovCloud (US-West) Region

/
AWS CodeCommit, a fully-managed source control service, is now available in the AWS GovCloud (US-West) Region. CodeCommit makes it easy for companies to host secure and highly scalable private Git repositories ...

Presenting search app and browser options to Android users in Europe

/
People have always been able to customize their Android devices to suit their preferences. That includes personalizing the design, installing any apps they want and choosing which services to use as defaults in apps ...