Latest research from BARC’s analyst team

BARC Score data discovery chart

New BARC Score examines the data discovery software market

Wuerzburg, June 19th, 2017: The Business Application Research Center (BARC) today published the first edition of BARC Score Data Discovery — Data Preparation, Visual Analysis and Guided Advanced Analytics for Business Analysts. The consulting and analyst firm has rated 13 leading, globally represented data discovery software vendors based on an extensive list of criteria, as well as user feedback. The study includes analysis of Datameer, Dundas, IBM, Microsoft, MicroStrategy, Oracle, Qlik, SAP, SAS, Sisense, Tableau, TIBCO and Yellowfin.

Data discovery is currently one of the world’s most influential BI trends*. The demand for flexible, user-friendly tools that can be used to efficiently analyze and research data is rising accordingly. BARC Score Data Discovery provides a market segment overview that clearly shows the strengths and weaknesses, current market position and functional scope of individual providers, and serves as a valuable guide for the selection of software.

Data discovery is based on the three pillars of data preparation, visual analysis and guided advanced analytics. In order to allow an iterative process for pattern recognition, data discovery solutions must support these functionalities in seamlessly integrated solutions. At the moment, the data discovery tools market offers various approaches, but few providers support the full functional scope of data discovery in a well integrated product suitable for specialist users. Despite having different core aspects, integrated products represent a significant improvement over tools that focus only on individual areas such as visual analysis, advanced analytics or data preparation.

BARC Score data discovery chart

Figure 1: Positioning of vendors in the BARC Score Data Discovery, 2017

 

Providers and tools display different degrees of market maturity

The market is divided into two segments: Some providers have highly mature tools in their portfolio and, as a result of their products’ maturity, have been able to successfully integrate most of the functions required for data discovery into these tools. On the other hand, many vendors have very innovative tools that provide good solutions to isolated problems, but they have not sufficiently integrated their solutions yet or, despite innovative approaches, have not yet reached the functional level of established solutions. Only one tool is rated above average in all three of the key areas in this BARC Score. The large general software developers and BI suite vendors often have difficulty integrating functions into a single tool or have issues with their products’ maturity, resulting in a restricted functional scope. This BARC Score omits many data preparation solution specialists because they fail to provide or integrate visual analysis sufficiently.

“The issue of data discovery will become increasingly important as the digitalization of processes and business models proceeds. User-friendly, flexible tools that ensure the greatest possible autonomy for users are equally high on the agenda for both specialist users and those responsible for IT,” said Robert Tischler, Senior Analyst and Director at BARC Austria. “The market for data discovery software is growing quickly, and there is a lot of competition. This BARC Score shows clearly that there is catch-up work to be done when it comes to integration, even in BI suites. This is an issue that the challengers in particular should make a point of tackling. The market leaders will try very hard to integrate ‘smart’ features into their solutions, which some challengers have already made available, thus increasing efficiency in their search for patterns.”

Provider selection and evaluation criteria

Since 2015, BARC has used its Score methodology to rate and classify business software providers in various market segments and economic regions. The providers included in BARC Score Data Discovery fulfill a number of technical and commercial criteria. The basic condition for inclusion is extensive functionality for data preparation, visual analysis and guided advanced analytics. In addition, providers must achieve an annual revenue from licenses and maintenance of at least 10 million euros in at least two of four markets (EMEA, North America, Latin America, Asia/Pacific).

BARC analysts rate each provider on “portfolio capabilities” and “market execution”. Analysis is based on detailed, weighted sub-criteria. Taken together, these sub-criteria determine the placement of each provider in the BARC Score ranking. In addition to BARC analysts’ opinions, user experience also plays an important role. Results from BARC’s BI Survey, the largest BI user survey in the world, are used to determine the quality of this experience. For a quick overview, all providers are included in the BARC Score graphic, where they are positioned in one of the following five categories: Dominators, Market Leaders, Challengers, Specialists and Entrants. Further information about the BARC Score methodology can be found at www.barc-research.com/barc-score

Further information about BARC Score Data Discovery — Data Preparation, Visual Analysis and Guided Advanced Analytics for Business Analysts can be found here.

The complete BARC Score document, including the Score graphic and a comprehensive assessment of all the providers is available from the website of our sponsor Tableau.

*Source: BARC BI Trend Monitor 2016 and 2017

About BARC – Business Application Research Center – a CXP Group Company

The Business Application Research Center (BARC) is an enterprise software analyst and consulting firm with a focus on Business Intelligence (BI)/Analytics and Data Management, Enterprise Content Management (ECM), Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP). For over twenty years, BARC analysts have combined market, product and implementation expertise to advise companies and evaluate BI, Data Management, ECM, CRM and ERP products. A long-running program of market analysis and product comparison studies forms the basis of BARC’s comprehensive knowledge of all the leading software vendors and products, as well as the latest market developments and trends. Along with analysts CXP and PAC, BARC forms part of the CXP Group – the leading European group of analysts for enterprise software and IT services with staff in eight countries. For more information, please visit: www.barc-research.comwww.bi-survey.com and www.barc.de.

For further information or queries, please contact:

Robert Tischler
Senior Analyst and Managing Director, BARC Austria
Phone: +43 1 890 12 03-451
Email: rtischler@barc.at

Wiebke Lörcher
Communications and Marketing Manager
Phone: +49 (0) 89 232368-25
Email: wloercher@cxpgroup.com

Planning Survey 16

New on bi-survey.com: The Planning Survey 17

Wuerzburg, June 12, 2017: The Business Application Research Center (BARC) expands its interactive bi-survey.com platform to include a “planning tools” section. The basis for this new offering is The Planning Survey 17, a new study presented at BARC’s recent “Integrated Planning & BI” conference in Wuerzburg, Germany. The results of this survey are now available in full on bi-survey.com and can be used interactively. The website is now a central source of information for the comparison, selection and purchase of software products for business intelligence (BI) and analytics, as well as planning, budgeting and forecasting.

The Planning Survey 17 is the world’s largest practice-oriented user survey on the selection process and use of software products in the field of planning. 1,687 participants were surveyed worldwide and 18 solutions were evaluated in detail. These are: Anaplan, Bissantz DeltaMaster, BOARD, CALUMO, Corporate Planning Corporate Planner (CP-Suite), Cubeware Solutions Platform C8 (CSP C8), cubus outperform, evidanza, IBM Planning Analytics (formerly IBM Cognos TM1), Infor BI, Jedox Suite, LucaNet.Planner, Oracle Hyperion Planning, prevero, Prophix, SAP BO Planning & Consolidation (BPC), SAP BW Integrated Planning (BW-IP) and Tagetik.

The Planning Survey 17 user review matrix

Figure 1: The Planning Software User Review Matrix

All relevant vendors at a glance

The Planning Software User Review Matrix (see Figure 1) serves as a reliable guide for prospective buyers. It gives an interactive overview of how customers rate individual solutions and vendors in four categories: “Business Value”, “User Experience”, “Customer Satisfaction” and “Competitiveness”. Solutions are divided into six peer groups, which are defined according to flexibility and specialization as well as geography. For each peer group, the matrix shows at a glance all relevant vendors, their weighting in each category and their positioning in relation to one another.

Individual interactive analysis

With the interactive online tool, the Planning Survey Analyzer (see Figure 2), users can perform individual analyses of customer feedback from The Planning Survey 17. The free basic version allows users to filter data by region, industry, comparison group, company size and more. With the premium version, users can also create a customized shortlist of products and compare them based on 22 criteria (KPIs). These KPIs include “Business Benefits”, “Customer Satisfaction”, “Ease of Use”, “Flexibility”, “Project Success” and “Recommendation”.

Planning Survey Analyzer

Figure 2: Planning Survey Analyzer

Detailed product analyses

The Planning Product Reviews are comprehensive analyses of customer feedback on market-leading planning tools. Each review contains a short vendor and product overview by BARC’s analyst team plus a summary of the relevant product-related survey results based on 22 different criteria. They enable prospective buyers to develop an overall impression of each solution, as well as gain insight into application scenarios, key selling points and the problems customers experienced with each product.

The analyst view

BARC Score Integrated Planning and BI DACH, another new section on bi-survey.com, offers a compact overview of the vendor market for integrated planning and BI solutions in the DACH region (Germany, Austria and Switzerland). It clearly highlights the strengths and weaknesses, current market position and portfolio range of the leading vendors.

 

About the Planning Survey 17

The Planning Survey 17 is the world’s largest practice-oriented user survey on the selection and use of software products for planning, budgeting and forecasting. A total of 1,687 survey participants worldwide evaluated 18 planning solutions in detail across 22 criteria. All data was examined by BARC analysts, who analyzed and commented on it using practical knowledge gained from 15 years of project and research experience. For additional information, please visit: http://barc-research.com/planning-survey-17.

About bi-survey.com

bi-survey.com is a central source of information and guide to the comparison, selection and purchase of business intelligence (BI), analytics and planning software. The platform combines the world’s largest database of user feedback on BI and analytics products (The BI Survey 16) and planning tools (The Planning Survey 17) with technical and functional product reviews as well as market overviews by BARC analysts (BARC Scores). The site also includes freely available BARC market research results, infographics, best practice guides for software selection and interactive analyzers, which can be used to analyze survey results.

About BARC – Business Application Research Center – a CXP Group Company

The Business Application Research Center (BARC) is an enterprise software analyst and consulting firm with a focus on Business Intelligence (BI)/Analytics and Data Management, Enterprise Content Management (ECM), Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP). For over twenty years, BARC analysts have combined market, product and implementation expertise to advise companies and evaluate BI, Data Management, ECM, CRM and ERP products. A long-running program of market analysis and product comparison studies forms the basis of BARC’s comprehensive knowledge of all the leading software vendors and products, as well as the latest market developments and trends. Along with analysts CXP and PAC, BARC forms part of the CXP Group – the leading European group of analysts for enterprise software and IT services with staff in eight countries. For more information, please visit: www.barc.de, www.barc-research.com and www.bi-survey.com.

For further information or queries, please contact:

Adrian Wyszogrodzki

Research Analyst
Phone: +49 (0) 931 880651-0
Email: awyszogrodski@barc.de

Wiebke Lörcher
Communications and Marketing Manager
Phone: +49 (0) 89 232368-25
Email: wloercher@cxpgroup.com

BI and Data Management in the Cloud by BARC

Forecast for Cloud BI and Data Management: Hot and Rising

BARC and Eckerson Group’s “BI and Data Management In The Cloud” study examines current attitudes, issues and trends relating to the use of business intelligence (BI) and data management technologies in the cloud.

This infographic uses findings from the study to focus on companies’ increasing use of cloud BI and reveal the main use cases, challenges and benefits of moving BI to the cloud.

The full survey findings can be downloaded here.Cloud BI Survey Infographic

The full “BI and Data Management In The Cloud” survey findings can be downloaded here.

 

Big Data and Information Security

Big Data and Information Security: Infographic

BARC and KuppingerCole’s “Big Data and Information Security” study examines the role of Big Data analytics plays in cyber security. This infographic presents some of the key findings from the survey-based study.

Big Data and Security Analytics Infographic

Click here to find out more about our study on Big Data and Information Security.

 

Big Data Use Cases 2015 Infographic

The Planning Survey 16: Infographic

Click here to find out more about The Planning Survey 16.

planning-survey-16-infographic

Big Data Use Cases 2015 Infographic

BI Trend Monitor 2016: Infographic

BI Trend Monitor 2016 examines the trends currently shaping the business intelligence and data management market.

We asked close to 2,800 users, consultants and vendors for their views on the most important BI trends, revealing a comprehensive picture of regional, company and industry specific differences and delivering an up-to-date perspective on the BI market.

This infographic reveals how “best-in-class” organizations differentiate themselves from competitors in terms of their attitude to BI trends.

Click here to find out more and register to download the full study.

BI trend monitor infographic

Click here to find out more and register to download the full study.

Big Data Use Cases 2015 Infographic

Big Data Use Cases 2015: Infographic

Big Data Use Cases 2015 Infographic

Click here to register to download the full study

departments using big data

Big data analysis shown to increase revenues and reduce costs According to a recent survey conducted by BARC

Benefits and challenges

Over 40% of companies worldwide analyze big data and many are now enjoying a variety of benefits, according to “Big Data Use Cases 2015 – Getting Real On Data Monetization“, published this week by BARC.

Topping the list of benefits realized from big data analysis are better strategic decisions (69%), improved control of operational processes (54%), better understanding of customers (52%) and cost reductions (47%).

Furthermore, those organizations able to quantify their gains from analyzing big data reported an average 8% increase in revenues and a 10% reduction in costs.

“Big data analysis brings a number of advantages to the table, but the challenges involved should also not be underestimated”, says Dr. Carsten Bange, CEO of BARC and co-author of the study. “Our survey identified data privacy and data security as the two main issues in companies which already have big data initiatives in place.”

The next most cited issue is the lack of internal business and technical know-how for tapping and analyzing big data, leading many companies to say that they intend to create new jobs in this area. According to Dr. Bange, however, the global labor market probably can’t meet their demand for this type of expertise at the moment. “A global skills shortage could really curb the big data boom.”

Management is driving big data

Whether or not big data initiatives thrive in companies depends to a large degree on their management. In companies where big data initiatives are an integrated part of business processes, senior management is the main driver or thought leader (61%). However, in organizations still considering using big data analysis, the corresponding figure is much lower at 34%.

On the whole, business departments are still very passive and much less likely to be the drivers behind this topic.

Customer analysis is the most common project driver

Previous BARC surveys have shown that organizations broaden their range of big data application scenarios as they gain more experience in analyzing big data.

Currently, marketing and sales departments lead the way in big data analysis. Of the survey respondents who are using – or planning to use – big data, 25% said they have already integrated big data analyses in their marketing and 23% in sales.

But big data is by no means confined to these areas: respondents reported plenty of big data use cases in all other departments including production, finance, controlling and human resources.

departments using big data

The unusually high numbers for planned deployments by department (between 34% and 56% overall) suggest that, sooner or later, big data will reach every corner of the business.

Information on the survey

A total of 559 people participated in this survey. 37% came from Germany, Austria and Switzerland with another 22% coming from North America. Respondents represented a wide range of industries, most notably IT (16%), manufacturing (14%), consulting (13%) and retail (8%).

This independent study is available free of charge thanks to sponsorship from Blue Yonder, Cloudera, Hewlett-Packard, Information Builders, pmOne, SAS, Tableau and Teradata.

Click here to download the full study.

About BARC

BARC is an enterprise software industry analyst delivering product evaluations, conferences, market research and consulting to over 1,000 customers each year. BARC specializes in advising organizations on software selection in its core research areas of business intelligence, data management and enterprise content management.

Along with CXP and Pierre Audoin Consultants (PAC), BARC forms part of the CXP Group – the leading European IT research and consulting firm with 140 staff in eight countries.

For media enquiries, please contact:

Sascha Alexander (DACH region)
Tel: +49 162 44 75 173
salexander@barc.de

Mark Handford (Rest of world)
Tel: + 44 (0)1536 772 451
mhandford@barc-research.com