teknowlogy Group logo with 4 brands

CXP Group Becomes teknowlogy Group

teknowlogy Group logo with 4 brands

 

 

 

 

PRESS RELEASE – PARIS, November 19, 2018

As of today, CXP Group changes its name to teknowlogy Group. The purpose of this name change is to better reflect the company’s vision, values and strategy. teknowlogy Group is the leading independent European research and consulting firm in the fields of digital transformation, software and IT services.

The group is made up of four entities, CXP, PAC, BARC and Ardour, which work together and in a complementary way to offer their clients a 360° view of the markets in a spirit of partnership and shared vision. If these four brands have a strong individual value, bringing them together under the same banner, while keeping the DNA of each one, is a guarantee of the creation of a collective intelligence based on multiple experiences and expertise, as well as a methodological and agile way of working. “Since our strength comes from our complementarities and different perspectives and the group is stronger than the mere sum of its parts, we had to find a new name – unique, meaningful, supportive and unifying”, says Yannick Carriou, Chairman and CEO of teknowlogy Group.

At the heart of this new brand is knowledge (-know-), a fundamental and founding element of the group. Indeed, teknowlogy Group is a high value-added content company based on strong expertise, data, analysis and methodical organization (the suffix -logy comes from the Latin -logia, used in the names of sciences or bodies of knowledge). Yannick Carriou explains: “As all this applies to technology, the name became obvious! We are aware some of our clients might have problems spelling the new name at first, but it also gives us the opportunity to explain to them what the name stands for. This small ‘orthographic hurdle’ also reflects our desire to be unique, to offer something special.”

But not only the name has changed. The group’s portfolio has been revised to include new products and services for IT software and service providers and end users.

About teknowlogy Group

teknowlogy Group is the leading independent European research and consulting firm in the fields of digital transformation, software, and IT services. It brings together the expertise of four research and advisory firms, each with a strong history and local presence in the fragmented markets of Europe: Ardour Consulting Group, BARC (Business Application Research Center), CXP and PAC (Pierre Audoin Consultants).

We are a content-based company with strong consulting DNA. We are the preferred partner for European user companies to define IT strategy, govern teams and projects, and de-risk technology choices that drive successful business transformation.

We have a second-to-none understanding of market trends and IT users’ expectations. We then help software vendors and IT services companies better shape, execute and promote their own strategy in coherence with market needs and in anticipation of tomorrow’s expectations.

Capitalizing on more than 40 years of experience, we operate out of seven countries with a network of 150 experts. For more information, please visit www.teknowlogy.com and follow us on on Twitter or LinkedIn.

For further information or media enquiries, please contact:

Yannick Carriou
Chairman and CEO, teknowlogy Group
Phone: +33 6 71 86 10 32
E-mail: ycarriou@teknowlogy.com

Wiebke Lörcher
Communications Manager, teknowlogy Group
Tel.: +49 (0)89 23 23 68 – 25
E-mail: wloercher@teknowlogy.com

BI Trend Monitor

Creating a Data-Driven Culture Is the Latest Trend in the Business Intelligence Market

PRESS RELEASE – WÜRZBURG, November 6th, 2018
The Business Application Research Center (BARC) publishes BI Trend Monitor 2019, a survey-based review of twenty of the key trends dominating today’s global business intelligence (BI) market, at its annual BI & Data Management Congress in Frankfurt this week.

Many organizations are now striving to become data-driven enterprises according to recent research by BARC. Despite featuring in BI Trend Monitor for the first time this year, data-driven culture was identified as the fifth most important trend in a survey of 2,679 BI users and consultants. A marked regional variation in survey responses reveals that organizations in the Americas attach far more importance to this trend than European companies. In fact, North American companies vote it as their number one trend and South American respondents make it their number two trend.

Importance of BI trends

Figure 1: Importance of BI trends from “not important at all” (0) to “very important” (10), n=2679

“This represents a major shift in today’s business world”, said Carsten Bange, founder and CEO of BARC. “Creating a data-driven culture is about replacing gut feelings with decisions based on data-derived facts, be they simple key figures like revenue or profit, results from advanced analytics models, or even qualitative data. However, a data-driven culture should not be interpreted as blindly following numbers. It should encourage the advancement of data interpretation skills and critical thinking, which enables businesses to not only base their decisions on reliable data, but also to know when it is better not to do so.” 

Surging trends

Trends that have clearly increased in importance compared to last year include agile BI development and advanced analytics and analytics teams.

“While agile development has become a preferred development approach in the BI world, advanced analytics expresses the need for businesses to use data in a more beneficial way”, said Bange. “Also, advanced analytics includes machine learning, which is tightly interconnected to many hyped use cases in the sphere of artificial intelligence.”

Development of rankings of BI trends

Figure 2: Development of rankings of BI trends, n=2794/2772/2770/2679

GDPR’s enduring influence

Having risen in the rankings last year, data governance is voted as the fourth most important trend in BI for the second year in a row, and GDPR almost certainly has a bearing on this finding. Although data governance covers a much wider spectrum than ‘just’ providing data protection, its rising significance can also be traced back to an increase in data security awareness partially brought about by legislation. The impact of GDPR is being felt beyond the European Union where it was enacted. The new regulation covers the data protection and privacy of individuals in the EU but it affects businesses that deal with Europe all over the world. 

About BI Trend Monitor 2019

Based on data from a worldwide survey of 2,679 BI professionals, BI Trend Monitor is BARC’s annual assessment of the twenty most talked-about trends in the BI software market. Each trend is evaluated by company size, region, industry and according to the self-assessment of participating companies (“Best-in-Class” vs. “Laggards”). The full report is available free of charge thanks to sponsorship from Cubeware, Information Builders, TARGIT, Unit4 prevero and Yellowfin. For further information and to download BI Trend Monitor, visit:
http://barc-research.com/research/bi-trend-monitor/

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 Analytics/Business Intelligence (BI), Data Management, Enterprise Content Management (ECM), Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP). 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 further information or media enquiries, please contact:

Nikolai Janoschek
Head of Market Research
Phone: +49 (0) 931 880651-0
Email: njanoschek@barc.de

Sharp Upturn in Cloud BI Deployments in Last Two Years

PRESS RELEASE – WÜRZBURG, October 16th, 2018
According to The BI Survey 18, published this week by The Business Application Research Center (BARC), the popularity of cloud BI and BIaaS deployments has been one of the fastest moving trends since 2017. The BI Survey is the world’s largest annual survey of business intelligence (BI) software users. It measures trends and provides a detailed comparison of 36 leading BI products. For more information, visit www.bi-survey.com

31% of new BI deployments in the last two years have been on cloud-based platforms, compared to only 14% of BI projects undertaken more than two years ago. Of all the BI trends monitored in The BI Survey 18, cloud BI adoption has seen the sharpest upturn in the last two years. Visual analysis (68% within the last two years vs 58% over two years old) and mobile BI (37% vs 27%) are the next closest.

“We have seen a gradual increase in the overall number of cloud deployments over time, but the data since 2017 tells us just how popular cloud is right now”, said Carsten Bange, founder and CEO of BARC. “Although BI is behind the curve compared to the CRM market for example, several of the main BI vendors have now switched to a cloud-first strategy, which has clearly had an influence on the deployment option customers are choosing.”

BI Usage Trends 2017-2018

Figure 1: Use of BI capabilities – new BI investments vs. products purchased over 2 years ago


Why companies choose their BI product

Respondents’ top four reasons for purchasing a BI tool are flexibility, ease of use for report recipients, functionality and price-performance ratio. Since 2003, reasons to buy have remained pretty consistent, with most varying by less than ten percent in that time. Ease of use has varied the most, but in the past six years it has been consistent at around 40 percent. The largest recent fluctuation is functionality, which has decreased by over ten percent since 2016.

“This consistency indicates customers’ needs have changed little,” said Bange. “A fair price for a flexible and functional tool that is easy to use is what customers most want out of a BI product. Vendors understand this and often prioritize ease of use, functionality and flexibility during development. Microsoft’s aggressive pricing for PowerBI is putting a lot of pressure on other BI vendors, which is good news for customers since prices for BI tools with self-service capabilities are decreasing.”

Business intelligence penetration rate increasing slowly

The median percentage of BI users in companies taking part in The BI Survey has risen from 10% in 2014 to 13% in 2018. Further analysis reveals that companies claiming to have achieved the most benefit from their BI tools (“Best-in-Class”) have on average 9 percent more BI users than those achieving the least benefit (“Laggards”), suggesting that there is a relationship between the number of BI users and the degree of benefits an organization gains. This relationship should provide an incentive for businesses to maximize BI tool penetration and train as many employees as possible to use their BI tool. 

About The BI Survey

The BI Survey is BARC’s long-running annual survey-based study into the BI software market. It is based on user opinion about software selection, implementation and usage from over 3,000 BI professionals worldwide. Detailed feedback on 36 BI products is analyzed and compared. Visit https://bi-survey.com/business-intelligence-software-comparison to perform interactive, high-level product comparisons.

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 Analytics/Business Intelligence (BI), Data Management, Enterprise Content Management (ECM), Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP). 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 further information or media enquiries, please contact:

Nikolai Janoschek
Head of Market Research
Phone: +49 (0) 931 880651-0
Email: njanoschek@barc.de

BARC Score BI 2018 chart

BARC Score Enterprise BI and Analytics Platforms: A direct comparison of modern enterprise BI platform providers

PRESS RELEASE – Würzburg, July 16, 2018

The Business Application Research Center (BARC) has published the fourth edition of BARC Score Enterprise BI and Analytics Platforms. The independent consulting and analyst firm ranks 20 market-relevant, international providers of business intelligence (BI) and analytics platforms based on an extensive list of criteria, as well as user feedback.

BARC Score BI 2018 chart

Fig. 1: Positioning of providers in the BARC Score Enterprise BI and Analytics Platforms

Growth among the challengers

Several changes in the BI market over the last twelve months are reflected in this year’s BARC Score. OpenText has moved from the Specialists segment to the Challengers category. Having launched its Magellan product a year ago to address analytics requirements in particular, OpenText has also improved the integration between its existing products, which is reflected in a better rating.

The “golden mean” in the Challengers category remains very similar to last year, with representatives including providers such as Tableau, SAS, Hitachi Vantara, Infor, BOARD, TIBCO, TARGIT, Yellowfin, Dundas and Pyramid Analytics. The minimal change might give the impression that these providers have not developed any further functionally, but overall, it is evident that they have invested in areas such as data discovery and especially data preparation and modernizing their software.

Much more movement in the Market Leaders segment

Most of the movement in the Market Leaders segment has been on the market execution side. SAP and Microsoft are enjoying growing demand for their SAP Analytics Cloud and Power BI products, which is reflected in improvements for both. Providers such as IBM, Oracle, Information Builders, Qlik and MicroStrategy remain among the Marke