Industry NewsFrontline Solvers V2015-R2 offers Excel users access to big data, advanced analytics, data visualization and sharing on the Web
Frontline Systems is shipping a new product line release, Version 2015-R2 of its Solvers for Excel, including its flagship integrated product, Analytic Solver Platform, and its “professional entry-level” integrated product, Analytic Solver Pro.Read More
Special ArticlesStudy incorporates predictability into airport ground delay programs
For air traffic managers coping with delays due to adverse weather, it’s good to know early how late a flight will be. Ground delay program (GDP) decisions that recognize this are superior to those that do not, substantially reducing the cost of GDPs to flight operators. In a case study based on San Francisco International Airport, researchers reduced the cost of delays by 13 percent by incorporating predictability into the GDP.Read More
CAP NewsSpecial event combines analytics essential skills course, networking and Cubs game
Looking to take your analytics career to the next level, network with other analytics professionals and catch a Chicago Cubs vs. Los Angeles Dodgers game at Wrigley Field in Chicago next week? INFORMS has just the ticket.
INFORMS will hold another in its series of continuing education courses – “Essential Practice Skills” – on June 23-24 in Chicago.Read More
Gartner: Nearly one-third of organizations to use cloud
Nearly one-third of organizations either already use or plan to use cloud or software-as-a-service (SaaS) offerings to augment their core business intelligence (BI) functions, according to Gartner, Inc.
According to a survey of 1,364 IT managers and business users of BI platforms in the fourth quarter of 2011, only 17 percent of organizations have replaced or plan to replace parts of their core BI functions with cloud/SaaS offerings. However, 27 percent already use or plan to use cloud/SaaS options to augment their BI capabilities for specific lines of business or subject areas in the next 12 months.
“Business users are often frustrated by the deployment cycles, costs, complicated upgrade processes and IT infrastructures demanded by on-premises BI solutions,” says James Richardson, research director at Gartner. “SaaS- and cloud-based BI is perceived as offering a quicker, potentially lower-cost and easier-to-deploy alternative, though this has yet to be proven. It’s evident that, despite growing interest, the market is confused about what cloud/SaaS BI and analytics are and what they can deliver.”
Gartner has identified three major drivers for the adoption of cloud/SaaS offerings for BI, analytics and performance management:
Time to value: The use of SaaS BI may lead to faster deployment, insight and value, particularly where IT is constrained by existing work and/or limited budget so that it cannot respond to demands for information and analysis as quickly as the business requires.
Cost concerns: The cost dynamic differs between on-premises and SaaS models. Software purchased as a service can usually be expensed, rather than capitalized, on the balance sheet. Buyers often think that SaaS is cheaper, but the reality is that this is unproven. Gartner's cost models show SaaS can be cheaper over the first five years, but not thereafter. The long-term benefits lie elsewhere – in terms of cash flow, reduced IT support costs, etc.
Lack of available expertise: SaaS analytic applications offer prebuilt intellectual property that can help firms work around a lack of the skills needed to build their own analytic solutions.