Top 10 Takeaways from the Gartner BI and Analytics Summit
This past week, Mychelle (our CMO) and I were in Las Vegas for Gartner’s annual Business Intelligence and Analytics summit.
With thousands of attendees and close to a hundred vendors exhibiting, it is a big conference for a market undergoing huge change. To put this in perspective, most attendees still have an on-premise, single-vendor, centrally managed BI solution that costs them way too much money. That is all about to change and change for the better.
Here are my top 10 takeaways from the conference so far:
- BI and Dashboard initiatives are quickly becoming decentralized and owned by the business -- even the individual -- as opposed to central IT
- Especially for cloud-based and interconnected solutions, best of breed wins over a single source solution
- With over 50% of data now living in the cloud, cloud-based solutions are here to stay and growing quickly
- Apart from cloud, budget, self-serve, and mobile are the most important buying drivers today
- The most successful deployments are done organically; step by step, testing each stage, adding users gradually over time
- Information is the leading asset for organizations worldwide, and dashboards need to excel at sharing this information
- 80% of indicators are lagging indicators, however 80% of CEOs want to see leading indicators.
- Self-serve, the ability for the business end users to connect, build, and share dashboards, is key to successful adoption
- IoT will be huge and exciting
- Cost leaders (read: Klipfolio) are growing faster than the market (seems obvious!)
And one last thought … we spent quite some time with Frank Buytendijk, Gartner VP Research and Distinguished Analyst, discussing a really interesting off-beat topic. BYOD - bring your own data. Integrating all of your personal data (fitness, energy, home, expenses) with the tools you use at work.
What are your thoughts? Happy Easter.
Allan Wille is a co-founder of Klipfolio, and its president and CEO. He’s also a designer, a cyclist, a father and a resolute optimist.