Menu
​Intelligent Kiwi businesses set to spend $90 million plus on analytics in 2016

​Intelligent Kiwi businesses set to spend $90 million plus on analytics in 2016

“The shift to the modern BI and analytics platform has now reached a tipping point."

New Zealand businesses are set to spend $92.3 million on global business intelligence (BI) and analytics software in 2016, as the market value increases 8.1 percent from 2015.

Latest forecasts from Gartner suggest that Kiwi organisations are ahead of the curve on a global scale, beating predicted revenue growth of 5.2 percent across the world.

With the Australian market also set to hit AU$960 million, up 9.1 percent from last year, the BI and analytics market is in the final stages of a multiyear shift from IT-led reporting and analysis systems to what Gartner terms the “modern BI and analytics platform”.

Consequently, trans-Tasman businesses are shifting focus away from big data towards advanced analytics, leading Gartner to cite business intelligence and analytics as top technology priorities for CIOs and IT decision markers during 2016.

“The shift to the modern BI and analytics platform has now reached a tipping point,” says Ian Bertram, Managing VP, Gartner.

“Organisations must transition to easy-to-use, fast and agile modern BI platforms to create business value from deeper insights into diverse data sources.”

The democratisation of analytics

Bertram says that as analytics has become increasingly strategic to most businesses and central to most business roles, every business is an analytics business, every business process is an analytics process and every person is an analytics user.

“It is no longer possible for chief marketing officers (CMOs) to be experts only in branding and ad placement,” Bertram adds.

“They must also be customer analytics experts. The same is true for the chief HR, supply chain and financial roles in most industries.”

To meet the time-to-insight demanded by today's competitive business environment, Bertram believes many organisations want to democratise analytics capabilities via self-service.

Defining the modern BI and analytics platform

Bertram says the most significant difference between a modern BI and analytics platform and a traditional, IT-centric reporting and analysis platform is the amount of upfront modelling required, as well as the skills needed, to build analytics content.

Creating analytics content via IT-centric reporting platforms starts with IT consolidating and modelling data in advance.

By contrast, a modern BI&A platform supports IT-enabled development of analytics content.

“To get the full benefit of modern BI and analytics platforms, leaders must rethink most aspects of their current IT-centric, centralised analytics deployments, including technology, roles and responsibilities, organisational models, governance processes and leadership,” Bertram adds.

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags analyticsdataGartnerCloudbig databusiness intelligence

Slideshows

IN PICTURES: Ingram Micro Innovation hits Auckland with Hewlett Packard Enterprise

IN PICTURES: Ingram Micro Innovation hits Auckland with Hewlett Packard Enterprise

Ingram Micro completed its nationwide roadshow in Auckland last month, kicking off its Innovation Hour series with Hewlett Packard Enterprise. Uncovering the latest in storage, networking and servers, the event outlined key market trends for resellers in 2016 and beyond.

IN PICTURES: Ingram Micro Innovation hits Auckland with Hewlett Packard Enterprise
IN PICTURES: FireEye celebrates channel at 2016 Partner Conference

IN PICTURES: FireEye celebrates channel at 2016 Partner Conference

FireEye welcomed 143 channel partners and distributors to FireEye's 2016 annual Partner Conference, FireEye A/NZ Momentum - held at Establishment in Sydney. Delegates heard from senior trans-Tasman channel leaders, marketing and the product divisions in the morning, with FireEye customers, incident responders and threat intelligence analysts sharing knowledge during the afternoon.

IN PICTURES: FireEye celebrates channel at 2016 Partner Conference
​IN PICTURES: Disruption in the data centre - Can the Kiwi channel capitalise?​

​IN PICTURES: Disruption in the data centre - Can the Kiwi channel capitalise?​

With New Zealand businesses now open to innovation, the industry sits on the cusp of significant disruption in the data centre. Driven by software-defined networking, the future of the data centre is fast becoming reality, as the channel seeks to keep up, keep innovating and keep growing. APC by Schneider Electric, Lenovo and key partners outlined how the channel can capitalise at The Grill restaurant in Auckland.

​IN PICTURES: Disruption in the data centre - Can the Kiwi channel capitalise?​
Show Comments