The International Institute for Analytics (IIA) expects 2011 to mark the beginning of a multi-year cycle where the sparks of economic growth ignite a tinderbox of technology and business forces that are set to drive mainstream adoption of business analytics across commercial and government sectors. Without question, the competitive gap between analytical innovators and those who do not invest in analytics will widen over the coming 12 months.
Processing power, storage capacity, cloud computing (storage & processing), and analytics software have all now matured to a point where it is now cost-effective and relatively simple for enterprises to adopt analytics to enhance competitive advantage.
The growing community of analytics professionals, both business and technical will continue to generate and further adopt innovative analytical techniques in the areas of text analytics, survival mining, time series mining, net-lift modeling, and data visualization.
Limiting the growth of analytics will be the scarcity of strong business-focused analytical talent, as well as the continued cry of privacy actors and regulators.
15 Hot Apps for Your iPad Get the most from your iPad with these apps.
10 Hot New Tech Gadgets Hot new gadgets you may want to consider adding to your collection.
15 Hot New Productivity Apps for Android Top Android apps to improve your day-to-day productivity.
In the past decade, business software usage has evolved in a number of ways to meet the changing needs of organizations and users in the digital age. ... More >>
When BDSA is used correctly, it is extremely beneficial to an organization. However, there are many false claims around the capabilities of BDSA. ... More >>
In our enthusiasm for all things "Big Data," are we abetting the data collectors in something that might be bad for society's (and our own) best interest? ... More >>