|By Robert Eve||
|November 26, 2012 07:15 AM EST||
Whether as a driver for growth, a means to attract and retain customers, or a way to drive innovation and reduce costs, the business value of analytics and business intelligence has never been higher.
Data Integration Is the Biggest Bottleneck
Providing analytics and BI solutions with the data required has always been difficult, with data integration long considered the biggest bottleneck in any analytics or BI project.
Complex data landscapes, diverse data types, new sources such as big data and the cloud are but a few of the well-known barriers.
For the past two decades, the default solution has been to first consolidate the data into a data warehouse, and then provide users with tools to analyze and report on this consolidated data.
However, data integration based on these traditional replication and consolidation approaches have numerous moving parts that must be synchronized. Doing this right extends lead times.
The Data Warehousing Institute confirms this lack of agility. Their recent study stated the average time needed to add a new data source to an existing BI application was 8.4 weeks in 2009, 7.4 weeks in 2010, and 7.8 weeks in 2011. And 33% of the organizations needed more than 3 months to add a new data source.
Data Virtualization Brings Agility to Analytics and BI
According to Data Virtualization: Going Beyond Traditional Data Integration to Achieve Business Agility, data virtualization significantly accelerates data integration agility. Key to this success has been data virtualization's ability to provide:
- A more streamlined data integration approach
- A more iterative development process
- A more adaptable change management process
Using data virtualization as a complement to existing data integration approaches, the ten organizations profiled in the book cut analytics and BI project times in half or more.
This agility allowed the same teams to double their number of analytics and BI projects, significantly accelerating business benefits.
For more insights on data virtualization and business agility, check out my earlier articles on this topic.
- Virtualization Magazine's How Data Virtualization Delivers Business Agility - Part 1 focuses on data virtualization's ability to provide more complete, timely and accurate information
Simplify to Overcome Historical IT Complexity
Data virtualization's simplified information access and faster time-to-solution is especially useful as an enabler for more agile analytics and BI
Is Data Virtualization the Fast Path to BI Agility? describes how the architectures of most business intelligence systems are based on a complex chain of data stores starting with production databases, data staging areas, a data warehouse, dependent data marts, and personal data stores. Simply maintaining this complexity is overwhelming IT today.
These classic BI architectures served business well for the last twenty years. However, considering the need for more agility, they have some disadvantages:
From a different point of view, SOA World's Zettabytes of Data and Beyond describes the challenges of force-fitting development methods that were appropriate for earlier times when less data complexity was the norm.
In addition, the proliferation of fit-for-purpose data stores including data warehouse appliances, Hadoop-based file systems, and a range of No-SQL data stores are breaking the hegemony of the traditional data warehouse as the "best" solution to the enterprise-level data integration problem. The business and IT impact of these new approaches can be explored in the Virtualization Magazine article NoSQL and Data Virtualization - Soon to Be Best Friends.
Self-Service Analytics and BI are Important Too!
Mergers and acquisitions and evolving supply chains require new comparisons and aggregations. The explosion of social media drives demand for new customer insights. Mobile computing changes form factors. And self-service BI puts users in the driver's seat.
Business Taking Charge of Analytics and BI
In true Darwinian fashion, the business side of most organizations is now taking greater responsibility for fulfilling its own information needs rather than depending solely on already-burdened IT resources.
For example, in a 2011 survey of over 625 business and IT professionals entitled Self-Service Business Intelligence: TDWI Best Practices Report, @TDWI July 2011,The Data Warehousing Institute (TDWI) identified the following top five factors driving businesses toward self-service business intelligence:
In the same survey report, authors Claudia Imhoff and Colin White suggest that IT's focus shifts toward making it easier for business users "to access the growing number of dispersed data sources that exist in most organizations."
Examples Imhoff and White cite include:
Data Virtualization to the Self-Service Rescue
In the TDWI survey, 60% of respondents rated business views of source data as "very important," and 44% said on-demand access to multiple data sources using data federation technologies was "very important."
According to Imhoff and White, "Data virtualization and associated data federation technologies enable BI/DW builders to build shared business views of multiple data sources so that the users do not have to be concerned about the physical location or structure of the data.
These views are sometimes known as virtual business views because, from an application perspective, the data appears to be consolidated in a single logical data store. In fact, it may be managed in multiple physical data structures on several different servers.
Data virtualization platforms such as the Composite Data Virtualization Platform support access to different types of data sources, including relational databases, non-relational systems, application package databases, flat files, Web data feeds, and Web services.
To Achieve Self-Service BI, Consider Using Data Virtualization provides additional insights on about how data virtualization enables self-service analytics and BI.
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Nov. 26, 2014 07:00 PM EST Reads: 892
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges. In his session at @ThingsExpo, Jeff Kaplan, Managing Director of THINKstrategies, will examine why IT must finally fulfill its role in support of its SBUs or face a new round of...
Nov. 26, 2014 07:00 PM EST Reads: 794
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Nov. 26, 2014 07:00 PM EST Reads: 624
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective storage designed to handle the massive surge in back-end data in a world where timely analytics is e...
Nov. 26, 2014 06:45 PM EST Reads: 755
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water, are pursuing SmartGrid initiatives that represent one of the more mature examples of SAE. We have s...
Nov. 26, 2014 06:00 PM EST Reads: 884
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Nov. 26, 2014 05:45 PM EST Reads: 840
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
Nov. 26, 2014 04:00 PM EST Reads: 942
One of the biggest challenges when developing connected devices is identifying user value and delivering it through successful user experiences. In his session at Internet of @ThingsExpo, Mike Kuniavsky, Principal Scientist, Innovation Services at PARC, described an IoT-specific approach to user experience design that combines approaches from interaction design, industrial design and service design to create experiences that go beyond simple connected gadgets to create lasting, multi-device experiences grounded in people's real needs and desires.
Nov. 26, 2014 03:45 PM EST Reads: 913
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect at Hookflash, will walk through the shifting landscape of traditional telephone and voice services ...
Nov. 26, 2014 02:00 PM EST Reads: 1,440
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Nov. 25, 2014 09:30 PM EST Reads: 1,191
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series data. By focusing on enterprise applications and the data center, he will use OpenTSDB as an example t...
Nov. 25, 2014 09:30 PM EST Reads: 1,238
The Domain Name Service (DNS) is one of the most important components in networking infrastructure, enabling users and services to access applications by translating URLs (names) into IP addresses (numbers). Because every icon and URL and all embedded content on a website requires a DNS lookup loading complex sites necessitates hundreds of DNS queries. In addition, as more internet-enabled ‘Things' get connected, people will rely on DNS to name and find their fridges, toasters and toilets. According to a recent IDG Research Services Survey this rate of traffic will only grow. What's driving t...
Nov. 25, 2014 07:00 PM EST Reads: 1,284
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Nov. 25, 2014 04:30 PM EST Reads: 1,297
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Nov. 24, 2014 07:00 PM EST Reads: 1,608
Bit6 today issued a challenge to the technology community implementing Web Real Time Communication (WebRTC). To leap beyond WebRTC’s significant limitations and fully leverage its underlying value to accelerate innovation, application developers need to consider the entire communications ecosystem.
Nov. 24, 2014 12:00 PM EST Reads: 1,498
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Nov. 24, 2014 11:00 AM EST Reads: 1,634
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Nov. 24, 2014 09:00 AM EST Reads: 1,648
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Nov. 23, 2014 07:30 PM EST Reads: 1,825
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Nov. 23, 2014 12:00 PM EST Reads: 1,771
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Nov. 23, 2014 07:45 AM EST Reads: 1,796