Beijing, Feb. 24 / PRNewswire-FirstCall-Asianet /-- recently, Gartner released the Magic Quadrant report on Analysis and Business Intelligence (ABI) platform (hereinafter referred to as the report), which shows that most of the new expenditure on analytics and business intelligence tools comes from cloud deployment, and enhanced analytics will become the industry vents in the future.
The number of users using analytics and business intelligence has "significantly increased" to millions, the report said. As the price per user is now a small part of what it used to be, the number of users has increased sharply. Whether you choose professional tools, cloud products, or solutions from large technology vendors, buyers have a wide range of analytical and business intelligence solutions to consider.
The application of new technology needs to consider the differences of different market environments. The timeline of the integration of ABI product functions and emerging data technologies will be affected by the level of enterprise informatization and the needs of users, while the informatization level of domestic enterprises lags behind the developed countries in Europe and the United States is an old topic.
According to Gartner's "2020 ABI Technology hype Curve", enhancement analysis will tend to be stable and mature in the next 2-5 years, while the report "China ICT Technology hype Curve 2020", which also belongs to Gartner, shows that enhanced data and analysis still need 5-10 years to mature in China, which once again verifies the difference in the time window of technology development at home and abroad. In addition, the research data of Fansoft data Application Research Institute show that the most urgent needs of most domestic enterprises are data governance and self-help analysis of business departments, which is also confirmed by the prevalence of self-service BI analysis platform based on FineBI in China. The boom of national data analysts brought about by self-help analysis can also help enterprises better transition to enhanced analysis.
Industry insiders believe that enhanced analysis is indeed the general trend of the ABI platform, but factors such as the level of information, the current demand of enterprises, and the capabilities of business personnel and analysts will affect the time, breadth, and depth of enhanced technology applications. Enterprises should choose rationally according to real needs, and should not blindly follow the trend and waste corporate resources. It is believed that with the continuous development of machine learning and artificial intelligence technology, enhanced analysis will bring users a simpler and faster analysis experience in the future.
Due to the limitation of the market momentum index ranking Top20, many excellent suppliers are not selected in the Magic Quadrant. As a result, the report made additional honors to the five major ABI suppliers that failed to be included in the Magic Quadrant but performed well in the market, including AnswerRocket, Dundas, Incorta, Logi Analytics, and the domestic independent ABI supplier Fansoft.
Magic Quadrant report is famous for its stringent standards. When foreign technology giants have entered the domestic BI market early, domestic independent ABI suppliers need to make more efforts in the market momentum index to be selected into the Magic Quadrant. In this report, sail soft was able to break through the tight encirclement and was selected as the honorary mention list of the Gartner ABI platform Magic Quadrant report on the track controlled by international giants, which means that domestic software companies have been greatly recognized by Gartner in terms of company strength, product capability, market attractiveness, and scientific and technological strength.
It can be predicted that under the gestation of a large number of favorable policies and innovative soil, excellent domestic BI products will get a further leap, and the domestic ABI market will obtain more attention and vitality.
