MIAMI--(BUSINESS WIRE)--Leading vendors of analytics are paving the way for investments and adoption of analytics technology by accelerating the modernization process and decision-making to become more data-driven, according to Nucleus Research’s Analytics Technology Value Matrix 2021.
The annual assessment of analytics technology from Nucleus Research, the leading provider of ROI-based analysis of technology services and solutions, named Domo, Infor, Microsoft, Oracle, Qlik, Tableau and Yellowfin as “Leaders” in analytics.
Analytics technology continues to advance, allowing systems to automatically analyze data, visualize it, and communicate value-add insights. Vendors and customers are moving away from the best-of-breed stack in favor of an end-to-end data platform that can handle data storage, integration, preparation, governance, and collaboration, in addition to core analysis, visualization, and reporting capabilities.
“Every company was forced to innovate during the pandemic, many transforming their business to a digital first operation and leading to a significant increase in analytics technology investments,” said Research Manager Daniel Elman. “Speed of deployment was critical. Vendors who were able to differentiate themselves were the ones who deployed, connected to disparate data sources and delivered value quickly.”
Rather than an empirical ranking, Nucleus Research positioned vendors on the 2021 Analytics Technology Matrix according to the relative usability and functionality of their respective solutions and presented as a snapshot of the current market.
To download the full 2021 Analytics Technology Matrix, click here.
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