|By Business Wire||
|May 7, 2014 02:21 PM EDT||
In its first half 2014 Technology Value Matrix for business intelligence (BI), Nucleus Research finds platforms quickly splintering into analytic applications, data discovery products, and cloud-based tools as older monolithic subscription models lose their appeal. Mobility has also gained ground since the last Value Matrix, where major vendors are announcing the ability to support mobile BI capabilities that go beyond simplified dashboards.
“Nucleus is seeing great divergence in BI development with vendors staking their claim through specialized solutions for analytics tools, data discovery, cloud integration, and enhanced mobility. This diversity of options is a great benefit for BI customers and creates new opportunities for vendors to create value and displace legacy solutions. The competition is only getting more intense in this space,” said Nina Sandy, principal analyst at Nucleus Research.
There is nothing ‘magic’ about the Nucleus Value Matrix, which categorizes vendors according to usability and functionality. This determines which solutions provide the most value to organizations. BI platforms providing scalability to key areas continue to provide value, either delivering vertical solutions in individual core areas or pursuing rapid growth for best-of-breed status in all areas simultaneously. Leaders in the Value Matrix include Birst, GoodData, IBM, Information Builders, Microsoft, MicroStrategy, SAP, and SAS.
More granular BI value propositions continue to emerge with vendors focusing on line-of-business support for targeted customer needs. The areas providing value to customers are data storage and retrieval, data discovery, analytics that translate to actionable information, and reporting; all with embedded BI functionality designed to easily integrate into new applications.
Customers are increasingly expecting features that enhanced mobile BI can offer. The emergence of analytic application tools provides high ROI to projects using simple applications for managers and employees needing little analytics training to evaluate data or to provide direct visibility to other end-users.
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About Nucleus Research
Nucleus Research is a global provider of investigative, case-based technology research and advisory services that provide real-world insight into maximizing technology value. For more information, visit NucleusResearch.com or follow us on Twitter @NucleusResearch.