Back to the Future—Rethinking How You Deploy Business Analytics

The business analytics landscape is changing rapidly. The changes are being fueled by the surging interest in Big Data—unstructured data from social networking, smartphones, and sensors and meters of various sorts.

McKinsey addresses the growth of Big Data here. McKinsey’s gurus note that advancing technologies and their swift adoption are upending traditional business models. The CFO, in particular, should rethink how the organization handles data analytics.

Ad-hoc querying, multi-dimensional analysis, and data visualization in the past relied on distributed systems running a variety of specialized GUI tools. IBM, however, now suggests a seemingly radical approach and is revamping its analytics offerings. (more…)