Cloud Analytics Growth Projections

It’s good to see Cloud-based analytics taking off in the market place.  We’ve seen the overwhelming need for analytics and advanced reporting, with a common thread of “we needed it yesterday.” Cloud analytics give organizations an opportunity to quick-start projects, without concern for hardware procurement and installation, enabling a faster ROI than can be achieved with a traditional on-premise solutions.

Follow this link to see where Cloud Analytics are trending:  http://www.prnewswire.com/news-releases/cloud-analytics-market-to-see-2629-cagr-to-2019-291029981.html

Oracle’s cloud analytics offerings (BI cloud services (PaaS) or OTBI-E (SaaS)) give flexibility and choices for analytics.  Cloud analytics will not completely replace the need for on-premise, as large organizations with massive amounts of data may be deterred by the cost investment for an enterprise solution in the cloud.  However it’s definitely an option for smaller parts of an organization such as a Benefits Department that has specific union requirements, or public sector organizations that need insight into their grants accounting.  Regardless, there are some good options out there, and as more acceptance of the cloud takes hold, we’ll see analytics solutions trending upwards as well.

Twitter:  Cloud Analytics are trending!