All modern enterprises are on a quest to identify signals captured within data (created inside and outside the organization) and turn them into actionable insights. For many, it's table-stakes in an increasingly digital world. For others, it seems like the search for the Holy Grail.
Regardless of whether you're already on that journey or just starting, you need to understand your high value use case(s) and plan for the best set of capabilities to support your vision. Whether generating your profit and loss statement for the current quarter, or pinpointing what factors most influence product profitability, or connecting the dots between operational activities and projected forecasts, you need to make sure there's an innovative, dynamic, modern analytics platform underpinning your business.
Enter Oracle Analytics Cloud. We're proud to be named a Leader in The Forrester WaveTM: Enterprise BI Platforms (Vendor-Managed), Q3 2019 as a trusted, enterprise-scale analytics and business intelligence platform. In our opinion, this recognition is a testament to you, our customers and partners, who've worked closely with us to make Oracle Analytics Cloud the success it is today.
What Defines Leadership?
For us, leadership requires that we get two things right:
We believe that this report is strong evidence of our leadership in analytics strategy and execution.
Augmented Analytics is the Future for Analytics
Augmented analytics—based on machine learning (ML) and artificial intelligence (AI)—guides the analyst and information consumer to enrich data, dig deeper, uncover insights, converse with data using natural language processing (28 different languages), and create narratives as part of the flow. Mobile intelligence is proactive, anticipating consumers' needs, and chatbot integration brings conversational analytics to the masses.
Our Hybrid Strategy Is Based on Your Needs, Not Ours
Oracle Analytics Cloud fully embraces the cloud as the strategic platform for innovation and transformation. Unlike other market competitors that require a specific hybrid approach of on premises and cloud to work, Oracle Analytics Cloud lets you define your data, as well as author, execute, share, and distribute all your analytics in the cloud. For those who require that data be stored on premises, Oracle Analytics Cloud can easily and efficiently access those sources from the cloud and combine them with cloud-based data to deliver the actionable insights we all want and need.
OAC Delivers Freedom of Analysis Within a Framework of Governance and Trust.
While business analysts love freedom, they also know that trusted, governed data is key to effective actionable insights. Proliferation of data silos in other products leads to what we call the "Las Vegas" effect: what happens in silos, stays in silos. You end up with disconnected decisions, inconsistent analysis, and eventually data chaos—likely not a risk you're willing or able to take.
Seamless Integration to Business Applications is Key.
In the Wave report, Forrester notes the following: "As a bonus for Oracle software as a service (SaaS) customers, Oracle Analytics Cloud comes with pre-built content and connectors to Oracle SaaS applications." Roles and security are automatically respected. But we fully understand that customers need access to any data and we are committed to enabling access to a full range of data sources for our customers.
Think Big, Act Bigger
As you evaluate your path forward, consider an analytics system that delivers the right end-to-end experience for your firm. It must cover six things:
More Options, Tailored for You
For those organizations that cannot move to the cloud, or who just aren't ready, we recently announced Oracle Analytics Server, expected by the end of 2019. It enables customers to take advantage of significant functional enhancements of self-service data visualization as well as augmented analytics as part of their on-premises Oracle BI license/subscription
For those customers deployed with Oracle SaaS applications, we're introducing Oracle Analytics for Applications, a turnkey analytic applications suite built on OAC, which sources data automatically from the SaaS applications, store it in Oracle's Autonomous Data Warehouse, and unlocks insights through delivered key performance indicators and metrics to monitor, align, and act in unison.
For more information about Oracle Analytics, including product roadmap and customer success stories, visit Oracle.com/analytics.