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November 23, 2009

'Advanced Analytics' a top 10 Strategic Technology for 2010: Gartner

Interesting! Gartner seems to be a bit late. But looking at it from a holistic perspective, businesses are slowly realizing the relevance of Advanced Analytics. With many stars aligned - fast data warehouses, robust BI systems, powerful analytic tools that don't need specialized talent, and a global economic slowdown - its a great time to leverage the power of advanced analytics to make an impact - both from a maximizing revenue and a minimizing cost perspective. 'Advanced Analytics' here refers to tools like predictive modeling, optimization, simulations, etc.

A point of note is IBM's recent acquisition of SPSS and Redpill Solutions. With this, they have an end-end solution offering.

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