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Explaining reporting

Cost savings and business benefits enabled by real-time data and decisioning

More and more organizations now want to use data analytics in real-time, instead of simply as a rear view mirror to look at past performance.  

At the same time, there's rapidly expanding use of cloud-type systems, whether that’s public cloud infrastructure, internal private clouds, or software-as-a-service (SaaS)
online applications and services.

This research paper conducted by CIO WaterCooler focuses on CIOs from banking, insurance, telecom, retail, and utilities to understand the IT landscape.

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Key findings

  • Many organizations are using multiple cloud service providers, along with their own on-premises IT systems.
  • With so many enterprises using multiple solutions, there's a  growing need for a coherent view of  all data and its usage across systems
  • Hybrid data analytics (HDA) is well suited to a broad range of business areas, from revenue generation, to sales and marketing, to risk and compliance management
  • For organizations to maximize the benefit of HDA, everyone must use the same core set of data, and processes must allow insights generated to flow across the lifecycle