Women in ICT Awards
Timely and Accurate Business Analytics Can Differentiate Winners From Losers in Any Market, Says META Group
- 27 February, 2004 15:23
<p>Timely and Accurate Business Analytics Can Differentiate Winners From Losers in Any Market, Says META Group
New Enterprise Data Warehouse Evaluation Report Released Today</p>
<p>SYDNEY, Australia. (February 27, 2004) — META Group, Inc. (Nasdaq: METG) today announced the availability of its newest METAspectrumSM In Depth report, covering the enterprise data warehouse (EDW) market. The EDW market is a subset of the overall data warehousing/business intelligence market. Companies considering investing in an EDW solution seek a platform solution that can handle the demands of multiple subject areas and larger numbers of concurrent users. Organizations’ renewed emphasis on developing robust and agile analytic infrastructure has driven a shift away from a data mart strategy and toward a unified EDW that gives business users confidence in a single version of business truth.
“The EDW market is becoming a driving force behind future infrastructure spending. Users with a need to improve overall analytic capabilities should begin to formulate a vision of
what is required and how to achieve that goal, and then evaluate vendors for a proper fit,” said Charlie Garry, senior program director with META Group’s Technology Research Services and lead author of the report. “Organizations should focus on vendors and solutions that can be best leveraged to achieve analytic maturity. Timely and accurate business analytics are likely to differentiate winners from losers in any market.”
Buyers in the EDW market have tended to be large Global 2000 organizations, but the trend toward an EDW approach will quickly trickle down to smaller organizations now that hardware prices, bandwidth, and database performance have converged to a point that is accessible to a larger market. When choosing an EDW solution, users should strongly consider a vendor’s total technology offering, track record for executing on its vision, and reputation within its client base.
Key Findings and Guidance
The Enterprise Data Warehouse report evaluates eight vendors in this market. Many companies understand the need to improve their analytic capabilities, but lack the knowledge or direction needed to do it optimally. Organizations are seeking more than technology features. They want a vendor partner that provides a larger solution, including a strong vision for success and a methodology aligned with the organization’s overall philosophy.
• Leaders deliver a strong overall solution that provides customers with time-tested approaches to achieving analytic maturity.
• Challengers tend to lack a strong enough focus, a market-leading vision, or enough of a client reference base in EDW environments.
• Followers can demonstrate a broad vision for EDW success. However, they lack a sufficient message or delivery strategy that would enable them to stand out.</p>
<p>About the Report
Providing comprehensive, side-by-side vendor comparisons and research, META Group’s Enterprise Data Warehouse METAspectrumSM In Depth report helps users evaluate the overall performance of IT vendors and their competitive market position as well as compare and contrast the strengths and limitations of each vendor’s product offerings. The evaluation is based on META Group’s METAspectrum methodology, which provides a framework for evaluating or selecting an appropriate IT vendor or product, simplifies the decision process, and enables more effective technology investments. To learn more about META Group’s METAspectrum In Depth reports or the METAspectrum methodology, visit www.metagroup.com/metaspectrum
or call 02 9290 8688</p>
<p>About META Group
META Group is a leading provider of information technology research, advisory services, and strategic consulting. Delivering objective and actionable guidance, META Group’s experienced analysts and consultants are trusted advisors to IT and business executives around the world. Our unique collaborative models and dedicated customer service help clients be more efficient, effective, and timely in their use of IT to achieve their business goals. Visit metagroup.com for more details on our high-value approach.</p>
<p>Peter Carr, Vice President, Director Operations