Rosslyn Analytics Announces Its Annual Five Predictions for Chief Information Officers in 2012

NEW YORK & LONDON--(BUSINESS WIRE)--Rosslyn Analytics, the leader in one-click data discovery and business intelligence software, has revealed its technology predictions for IT departments in 2012. These predictions have been developed based on conversations with customers, partners and industry experts.

“Unlike the past few years, social media technologies will be given a back seat as organizations return to the age old problem of business intelligence. CIOs will be asked to find alternative solutions to legacy reporting solutions which will provide decision-makers with a centralised hub of on-demand information.”

“The hot topic for 2012 will be helping businesses get a grip of the intellectual property that sits within petabytes of enterprise data,” said Hugh Cox, Chief Innovation Officer, Rosslyn Analytics. “Unlike the past few years, social media technologies will be given a back seat as organizations return to the age old problem of business intelligence. CIOs will be asked to find alternative solutions to legacy reporting solutions which will provide decision-makers with a centralised hub of on-demand information.”

2012 Predictions:

1. The end of traditional ETL. The market will witness the introduction of innovative cloud-based data services that eliminate the traditionally manually-laden process of extracting, transforming and loading (ETL) data directly into a visualisation platform for and by business users. The obstacle to date has been a lack of interest from vendors to develop the next generation of ETL tools that would eat into existing consultancy-led revenue streams.

2. Web 3.0 enterprise data platforms emerge. Customer demands for continued simplicity of managing data, infrastructure and apps will spur the development of ubiquitous data platforms that marry platform as a service, infrastructure as a service and software as a service. Business and IT users will have a single online portal to facilitate on-demand access to self-service tools to extract, transform and analyze from a personalized hub enterprise data 24/7 without the support of service providers.

3. Enterprise app stores become hot property. The consumerization of business-to-business technology will accelerate the launch of a plethora of new enterprise app stores. These stores will provide end-users with iPhone app-like self-service BI tools including instant data quality diagnostics, data profiling and data cleansing services.

4. IT implementations become strategic. Chief information officers will increasingly embrace cloud computing in order to become more strategic and relevant in an era when the management of data, not infrastructure, will be the competitor differentiator for businesses. To be seen as more than a tactical help desk, IT departments will move up the value chain and become smaller yet more strategic in their skillset and approach.

5. Organizations add third-powers to cubes. In an era of big data, the traditional data cube has outlived its efficacy. Traditional data cubes lack the capability to permit business users to manipulate (and interact with) large quantities of data on the fly, thus severely limiting the completeness and quality of enterprise data for analysis. 2012 will witness organizations moving beyond defined data cubes and embracing radical dynamic data cubes for real-time self-service data enrichment and big data analytics.

About Rosslyn Analytics

Named as one of the best privately held software companies in the world by JMP Securities, Rosslyn Analytics is disrupting the BI market by reducing the cost and pain of obtaining a categorized view of all enterprise data from months to minutes. More than 100 private and public sector organizations around the world rely on our award-winning cloud-based data management, reporting and forecasting platform to centralize data, providing business users with one trusted source of intelligence for real-time self-service analysis. Customers achieve an initial return-on-investment in just eight weeks. For more info, visit www.rosslynanalytics.com, or the industry’s first enterprise app store at http://www.rosslynanalytics.com/apps-store, for same day access to one-click data discovery tools including a suite of patent-pending data extraction apps for SAP, Oracle, JD Edwards and PeopleSoft.