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BI Market: Data Mining & Predictive Analytics (Vendors and Products) – 2011

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Data Mining & Predictive Analytic solutions provide the capabilities of analyzing large data sets in order to find patterns that can help to isolate key variables to build predictive models for management decision making.  In addition, data mining applications help discover hidden patterns and relationships in data in order to effectively project and predict future results. In order to accomplish this goal, data mining application utilize statistics, algorithms, advanced mathematical techniques, and sophisticated data search capabilities.  Moreover, these sophisticated tools provide answers to questions that may never have been asked and they are effectively able to determine relative amounts of correlation between data elements. Further, the predictive features of these data mining tools enable organizations to exploit useful patterns in data that may have otherwise been difficult to determine.

In 2011, the market leading vendors for data mining systems include: IBM SPSS, SAS, SAP Business Objects, Oracle, MicroStrategy, ThinkAnalytics, Pentaho, & Angoss.

BI Vendor Products - Data Mining (2011)

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BI Market: OLAP (Vendors and Products) – 2011

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On-line analytical processing (OLAP) solutions provide advanced techniques for rapidly visualizing and analyzing business metrics across different points of view. OLAP is a term used to generically refer to software and applications that provide users with the ability to store and access data in OLAP cubes (also called a ‘multidimensional cube’ or a hypercube) with this “cube” being made up of numeric facts, called measures, and text values, called dimensions.

Moreover, OLAP systems provide users with insight into past performance and they enable a deep understanding of the reasons behind why previous events have occurred. Fundamentally, OLAP systems allow users to rapidly view and analyze data from many perspectives or dimensions and allows the users to conduct sophisticated “What-If” analysis.

In 2011, the market leading vendors for OLAP systems include: SAP Business Objects, Oracle, IBM Cognos, MicroStrategy, Microsoft, SAS, Pentaho, & Jaspersoft.

BI Vendor Products - OLAP (2011)

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Oracle Business Intelligence (BI) Platform

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The Oracle Business Intelligence (BI) Platform is a set of functions and tools that incorporate a number of advanced business intelligence products.  In addition to providing a broad set of functions and tools, the Oracle BI Platform is built upon a proven, modern web services-oriented architecture that provides the foundation of the construction of complete business intelligence solutions.  In addition, the platform delivers a full range of capabilities related to business intelligence capabilities including…
• Dashboards
• Ad-hoc queries
• Alerts and notifications
• Operational reports
• Predictive intelligence
• Disconnected analytics
• Microsoft Office integration

Fundamentally, the Oracle BI Platform comes with the tools and functions for developing sophisticated custom business intelligence environments like the one pictured here …

Oracle BI - Dashboards

At its core, the Oracle BI Platform is an innovative next-generation business intelligence environment that offers the software tools for building enterprise BI solutions from data spanning both Oracle and non-Oracle data sources and applications. The Oracle BI Platform has been meticulously designed to allow for pervasive use within an organization.  This sophisticated environment includes a full range of easy-to-use and intuitive end-user tools such as interactive dashboards, advanced reporting and publishing, full ad-hoc analysis over the web, proactive detection and alerts, mobile analytics, Microsoft Office integration, web services and business process integration.

The Oracle BI platform provides transparent and seamless access to numerous heterogeneous data sources.  This highly developed platform also allows for development of custom business intelligence implementations that access data from traditional relational databases, OLTP & ODS systems, data warehouses and data marts, flat files, and web services. Further in 2008, Oracle released the Oracle BI Enterprise Edition Plus Platform, which provides direct connections to Hyperion data sources including Essbase and its related financial performance management applications.

Oracle BI - Platform

The Oracle BI Platform has been developed over several years and includes the most advanced features from the former NQuire and Siebel Analytics products recently acquired by Oracle Corporation.

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Oracle’s Business Intelligence Foundation

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Oracle Business Intelligence LogoOracle’s Business Intelligence Foundation is a complete enterprise business intelligence solution that delivers capabilities for reporting, ad-hoc query and analysis, OLAP, dashboards, and scorecards.  In addition, the Oracle BI Foundation includes a common enterprise information model, which is a unified metadata model accessed by end user tools, allowing a  “model once and deploy everywhere” paradigm.  In addition, the Oracle BI Foundation allows users to access and interact with information in multiple ways, including web-based dashboards, collaboration workspaces, search bars, ERP and CRM applications, mobile devices, and MS Office applications.

Product Areas of Oracle BI Foundation

•  Oracle Business Intelligence Suite Enterprise Edition Plus (OBIEE Plus)
•  Oracle Business Intelligence Standard Edition One  (OBISE One)
•  Oracle Business Intelligence Standard Edition (OBISE)
•  Oracle BI Publisher
•  Oracle Essbase
•  Oracle Real-Time Decisions (RTD)
•  Oracle Scorecard and Strategy Management
•  Oracle Essbase Analytics Link

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