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Dresner Advisory Services Publishes Active Data Architecture Market Study
Dresner Advisory Services today launched a new report in its Wisdom of Crowds® series of research. The 2024 Active Data Architecture™ Market Study explores market requirements and priorities for data orchestration, integration, and transformations in the active data architecture pipeline workflow. Active Data Architecture™ supports a platform-independent layer that sits between physical data stores and points of data consumption. It is comprised of various data management capabilities including virtualized and distributed data access (e.g., mesh, fabric), data governance, and security. At its core, Active Data Architecture is an abstraction layer translating business and physical structures. It is an architecture dynamically optimized for performance, scalability, and cost management.
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2024 Cloud Computing and Business Intelligence Market Study Available from Dresner Advisory
Dresner Advisory Services today published the 2024 Cloud Computing and Business Intelligence Market Study, part of its Wisdom of Crowds® series of research. Cloud business intelligence is the technologies, tools, and solutions that employ one or more cloud deployment models. Reliability, access and availability, scalability, and ease of use are perceived as the most important advantages of cloud. Cloud and software as a service rank 7th in importance of the 63 topics under study, near an all-time level of user importance. Over time, cloud/SaaS is a consistent top priority that overlaps with most topics on the list. Importance is strongest in the technology, healthcare, and financial services industries.
Dresner Advisory Services Publishes 2024 Supply Chain Planning and Analysis Market Study
Dresner Advisory Services today published the 2024 Supply Chain Planning and Analysis Market Study, part of its Wisdom of Crowds series of research. The Supply Chain Planning and Analysis Market Study examines market requirements and priorities, providing an analysis of the current usage and future intentions of end user organizations. Supply chain planning is the process of planning a product from raw material through distribution and sales, with the goal of balancing supply and demand. Supply chain analytics enables organizations to develop valuable insights associated with the procurement, processing, and distribution of goods.
Dresner Advisory Services Publishes 2024 Data Engineering Market Study
Dresner Advisory Services today published the 2024 Data Engineering Market Study, part of its Wisdom of Crowds series of research. Data Engineering includes best practices and technology capabilities to develop engineered data workflows and pipelines to and between operational and analytic data management infrastructures. Data engineering development and deployment capabilities are used to develop, debug, schedule, secure, govern, and run data workflows for business intelligence (BI) / analytic use cases. Deployments may range from small use-case specific projects to those that span large data volumes, multiple analytic steps, and multiple analytic models, and support multiple BI use cases and tools.
Dresner Advisory Services Publishes 2024 Workforce Planning and Analysis Market Study
Dresner Advisory Services today published the 2024 Workforce Planning and Analysis Market Study, part of its Wisdom of Crowds series of research. Workforce planning and analysis is a category of tools and processes that help align workforces with business goals, strategies, and workplace dynamics. It includes requirements, analysis, and forecasting for current and future needs and the development of plans to address imbalances to optimize human resources, reduce costs, and improve efficiency. “Our study underscores the expanding role of performance management across various business functions beyond the traditional scope of finance,” said Howard Dresner, founder and chief research officer at Dresner Advisory. “Facing an array of external challenges, organizations are looking for a more holistic approach to performance management to respond adaptively, make informed decisions, and execute strategies with precision.” The study shows that 46 percent of respondents use workforce planning and analysis today, with another 24 percent indicating plans to adopt workforce planning in the next 12 months. The human resources function is the most likely primary user, followed by finance and operations.
Dresner Advisory Services Announces 2023 Technology Innovation Awards
Dresner Advisory Services today announced the winners of its 2023 Technology Innovation Awards, presented annually to top ranked vendors in its Wisdom of Crowds thematic market studies.
Dresner Advisory Services Publishes 2024 Generative AI Report
Dresner Advisory Services today published the 2024 Generative AI Report, part of its Wisdom of Crowds® series of research. Generative artificial intelligence (also generative AI or Generative AI) is artificial intelligence capable of generating text, images, or other media, using generative models. Generative AI models learn the patterns and structure of their input training data and then generate new data that has similar characteristics. “The generative AI phenomenon has captured the attention of the market—and world—with both positive and negative connotations,” said Howard Dresner, founder and chief research officer at Dresner Advisory. “While generative AI adoption remains nascent in the near term, a strong majority of respondents indicate intentions to adopt it early or in the future.” According to the report, generative AI shows considerable relevance, importance, and interest—followed at least regularly or more often by 72 percent of respondents. Organizations most often cite increased productivity/efficiency, improved customer experience and personalization, and improved decision making as the top drivers to adoption of generative AI.
Dresner Advisory Services Publishes 2024 Analytical Data Infrastructure Market Study
Dresner Advisory Services today published the 8th Edition Analytical Data Infrastructure Market Study, part of its Wisdom of Crowds® series of research. Analytical data infrastructure (ADI) defines a set of technology components for integrating, modeling, managing, storing, governing, and accessing data sets that serve as sources for analytic/business intelligence (BI) applications, tools, and users. The study examines market preferences and priorities for ADI platforms including deployment and licensing priorities, data types, data model / management of data associated with ADI, data preparation and loading priorities, preferences in ADI development and deployment features, as well as ADI interfaces and analytical features.
Dresner Advisory Services Publishes 2023 Embedded Business Intelligence Market Study
Dresner Advisory Services today published the 2023 Embedded Business Intelligence Market Study, part of its Wisdom of Crowds® series of research. The 11th annual report reviews interest in and current deployment of embedded business intelligence, the technological capability to include BI features and functions as an inherent part of another application. According to the report, the top objectives for embedded BI are employee-facing versus external, led by self-service, broader access to users, and access to reports/analyses with internally developed, and financial management applications as the chief targets.
Dresner Advisory Services Publishes 2023 Analytical Platforms Market Study
Dresner Advisory Services today published the 2023 Analytical Platforms Market Study, part of its Wisdom of Crowds® series of research. The report reviews interest in and demand for Analytical Platforms, integrated technology environments that include all functionality to support multiple analytical or business intelligence (BI) use cases, including: data engineering; data governance; self-service BI; AI, data science, and machine learning; embedded BI or analytics; and cloud support. The 3rd edition study considers the requirement on the part of many organizations to have a critical mass of core analytical functionality in a single-vendor technology platform. Findings show that 53 percent of overall respondents prefer a "single-vendor integrated" platform versus the 48 percent that favor “best-of-breed” (build your own) platforms.
Dresner Advisory Services Publishes 2023 Sales Performance Management Market Study
Dresner Advisory Services today published the 2023 Sales Performance Management Market Study, part of its Wisdom of Crowds series of research. Sales performance management (SPM) enables the sales organization to develop plans and manage and analyze performance for staffing, revenue, and territories, among other areas. SPM includes sales planning and sales analytics. The 6th annual report examines end user perceptions and trends around SPM adoption, budgets, and overall success, analyzed by organization size, geography, and other attributes. The report scores the importance of the main areas of SPM including features, integrations, and technologies, as reported by end user respondents. According to the study, functional adoption of SPM is highest in sales, finance, and marketing, with opportunities for use stretching to most functional users. Broader functional adoption increases significantly over time, and is most prevalent in very large organizations in multiple industries.
Dresner Advisory Services Publishes 2023 Financial Consolidation, Close Management, and Financial Reporting Market Study
Dresner Advisory Services, LLC today published the 2023 Financial Consolidation, Close Management, and Financial Reporting Market Study, part of its Wisdom of Crowds® series of research. Financial consolidation systems combine and aggregate financial data from multiple operating entities to produce an overall consolidated financial view of the group’s operations. Close management systems allow the finance function to control and manage the process of closing the books on a monthly, quarterly, semi-annual, and annual basis. Financial reporting solutions are analytics and reporting tools targeted at finance users. The Financial Consolidation, Close Management, and Financial Reporting (FCCR) Market Study examines current usage and planned deployment of these systems and solutions. According to the study, FCCR software helps expose important financial analytical content to users and other analytic tools. Fifty-seven percent of organizations that find it difficult to locate analytic content currently do not use FCCR software.
Dresner Advisory Services Publishes 2023 Small and Midsize Enterprise Business Intelligence and Enterprise Performance Management Market Studies
Dresner Advisory Services today published the 2023 Small and Midsize Enterprise Business Intelligence Market Study and Small and Midsize Enterprise Performance Management Market Study, part of Dresner Advisory’s Wisdom of Crowds® series of research. The annual reports examine business intelligence (BI) and enterprise performance management (EPM) usage and trends within small and midsize organizations (SMEs). The studies provide a detailed analysis of how their deployments and views differ from each other and from large organizations.
Dresner Advisory Services Publishes Inaugural Data Governance Market Study
Dresner Advisory Services today published the 2023 Data Governance Market Study, the newest title in its Wisdom of Crowds® series of research. Data governance refers to the policies, controls, standards, decision rights/accountability, processes, procedures, and technologies that organizations implement to maximize the value of data while minimizing risk. The inaugural report provides key insights into the current adoption and perceptions of formal data governance programs, content governance, and data cataloging used to provide oversight of data management and usage across the enterprise. The findings indicate the growing importance and evolving requirements of establishing a governance organization and employing the various technologies and processes that enable organizations to fully leverage data as an asset, securely, and in adherence with established policies.
Dresner Advisory Services Publishes 2023 ModelOps Market Study
Dresner Advisory Services today published the 2023 ModelOps Market Study, part of its Wisdom of Crowds series of research. ModelOps is the discipline of defining, implementing, monitoring, automating, and improving the life cycle of analytical models, including but not limited to artificial intelligence (AI) and machine learning (ML) models. The Dresner study defines the models to encompass all types of artificial intelligence and machine learning, as well as less-sophisticated analytical and decision-intelligence models including rules-based and decision-tree models instantiated in spreadsheets. The ModelOps Market Study examines how and where organizations are leveraging ModelOps to improve management for the entire life cycle of analytical models.
Dresner Advisory Services Publishes 2023 Master Data Management Market Study
Dresner Advisory Services today published the 2023 Master Data Management Market Study, part of its Wisdom of Crowds series of research. Master data management (MDM) is a technology-enabled discipline in which business and information technology (IT) collaborate to ensure the uniformity, accuracy, stewardship, semantic consistency, and accountability of an enterprise’s official shared master data assets. The Master Data Management Market Study examines market requirements and priorities, providing an analysis of the current MDM perceptions, use, and intentions. In 2023, MDM ranks 17 out of the 50 technologies and initiatives strategic to business intelligence. In a shift from last year, respondents report substantive increase in current usage of MDM today, and a decrease in those organizations with no future plans for MDM deployment.
Dresner Advisory Services Announces 2023 Industry Excellence Awards
Dresner Advisory Services today named its 2023 Industry Excellence Award winners. The annual Industry Excellence Awards acknowledge vendors who have achieved leadership position in Dresner Advisory’s 2023 Wisdom of Crowds Analytical Data Infrastructure (ADI), Business Intelligence (BI), and/or Enterprise Performance Management (EPM) Flagship Market Studies. The reports are based on data collected from end users and provide a broad assessment of each market including current usage, key drivers, technology priorities, and future intentions. The studies also include an industry section and performance ratings of relevant vendors. The winners have achieved leadership status in two industry-rating models included in each research report. The Customer Experience model considers the real-world experience of customers as they work with a vendor’s technology solution on a daily basis, plotting the various customer touch points against sentiment surrounding product and technology. The Vendor Credibility Model considers a vendor’s relationship with customers, plotting perceived value for price paid against a calculated “confidence” score.
Dresner Advisory Services Publishes Inaugural Environmental, Social, and Governance Reporting Market Study
Dresner Advisory Services today published the 2023 Environmental, Social, and Governance Reporting Market Study, the newest title in its Wisdom of Crowds® series of research. Environmental, social, and governance (ESG) reporting attempts to capture in a structured way the potential impacts that environmental and social factors may have on the financial sustainability of an organization. It includes the data, tools, processes, and standards used in preparing non-financial reports that reflect an organization’s impact on the planet and people both inside and outside the organization, and its approach to running and governing the organization. The inaugural ESG Market Study examines market requirements and priorities, providing an analysis of the priorities, current usage, and future intentions of end user organizations.
Dresner Advisory Services Publishes 2023 Wisdom of Crowds Enterprise Performance Management Market Study
Dresner Advisory Services today published the 2023 Flagship Enterprise Performance Management Market Study, part of its Wisdom of Crowds® series of research. The 9th edition Flagship Enterprise Performance Management Market Study is the company’s broad assessment of the enterprise performance management (EPM) market, providing a comprehensive look at key user trends, attitudes, and intentions. The report examines overall importance of EPM, adoption trends, implementation and sourcing strategies, planning priorities, and use of rolling forecasts. It also includes an analysis of success with EPM, sourcing preferences, cloud deployments, as well as the impact of artificial intelligence (AI) on EPM.
Dresner Advisory Services Publishes 2023 Data Catalog Market Study
Dresner Advisory Services today published the 2023 Data Catalog Market Study, part of its Wisdom of Crowds series of research. Data catalogs provide technology to simplify the creation of and access to analytical content while providing collaboration and governance capabilities for that content to make it more trustworthy and broadly available. The 7th edition data catalog report examines user segment requirements and priorities with a focus on simplified data navigation/access, governance, and content collaboration capabilities. The report concentrates on analytic content (data, models, and metadata), use cases, and users. In 2023, data catalog ranks 16th among the 59 technologies and initiatives under study. Data catalogs are perceived as important or very important across most business functions. While the ease of finding analytic content improved slightly for some users, a significant number of users still find it impossible, difficult or somewhat difficult to locate analytic content.
Dresner Advisory Services Publishes 2023 Wisdom of Crowds Business Intelligence Market Study
Dresner Advisory Services today published the 2023 Business Intelligence Market Study, part of its Wisdom of Crowds® series of research. The 14th edition Flagship Business Intelligence Market Study is the cornerstone of the company’s annual research agenda, providing a broad assessment of the business intelligence (BI) and analytics market and an inclusive look at key user trends, attitudes, and intentions. The Dresner Advisory global community of users contributed their opinions on a variety of topics related to current and planned usage. The report provides a comprehensive, real-world perspective on the market including analyses of adoption and deployment, data leadership, organization budgets, data literacy, drivers of success, objectives and achievements, BI penetration, and technology/initiative priorities, as well as industry/supplier analyses.
Dresner Advisory Services Publishes 2023 Self-Service Business Intelligence and Guided Analytics Market Studies
Dresner Advisory Services today published the 2023 Self-Service Business Intelligence Market Study, part of its Wisdom of Crowds® series of research. The 8th annual report examines end user deployment and trends around self-service business intelligence (BI), which builds upon collaborative business intelligence, user governance, natural language analytics, and Guided Analytics® to create an environment where users can easily create and share insights in a managed and consistent fashion. According to the 2023 report, end-user self-service ranks 11th of 59 technologies and initiatives strategic to business intelligence, and fifty-seven percent of respondents say self-service BI is critical or very important. The perceived importance of end-user self-service correlates directly and positively to success with BI in 2023.
Dresner Advisory Services Publishes 2023 Cloud Computing and Business Intelligence Market Study
Dresner Advisory Services today published the 2023 Cloud Computing and Business Intelligence Market Study, part of Dresner’s Wisdom of Crowds series of research. The 12th annual report examines end user deployment trends and attitudes toward cloud computing and business intelligence (BI). Cloud is defined as the technologies, tools, and solutions that employ one or more cloud deployment models. “Throughout the 12 years of our focused cloud BI study, we have observed a trending increase in current use of public cloud use and a trending decrease in the percentage of organizations with no plans for public cloud BI. Indeed, the trend lines for these variables intersect for the first time this year,” said Jim Ericson, research director at Dresner Advisory Services.
Dresner Advisory Services Publishes Inaugural Supply Chain Planning and Analysis Market Study
Dresner Advisory Services today published the 2023 Supply Chain Planning and Analysis Market Study, the newest title in its Wisdom of Crowds® series of research. Supply chain planning is the process of planning a product from raw material through distribution and sales, with the ultimate goal of balancing supply and demand. Supply chain analytics enables organizations to develop valuable insights associated with the procurement, processing, and distribution of goods. The inaugural Supply Chain Planning and Analysis Market Study examines market requirements and priorities, providing an analysis of the current usage and future intentions of end user organizations.
Dresner Advisory Services Publishes 2023 Data Engineering Market Study
Dresner Advisory Services today published the 2023 Data Engineering Market Study, part of its Wisdom of Crowds® series of research. Data Engineering includes best practices and technology capabilities to develop engineered data workflows and pipelines to and between operational and analytic data management infrastructures. Data engineering development and deployment capabilities are used to develop, debug, schedule, secure, govern, and run data workflows for BI / analytic use cases. Deployments may range from small use-case specific projects to those that span large data volumes, multiple analytic steps, and multiple analytic models, and support multiple BI use cases and tools.
Dresner Advisory Services Publishes Inaugural Workforce Planning and Analysis Market Study
Dresner Advisory Services today published the 2023 Workforce Planning and Analysis Market Study, the newest title in its Wisdom of Crowds® series of research. Workforce planning and analysis are the tools and processes that help align workforces with business goals, strategies, and workplace dynamics. It includes requirements, analysis, and forecasting for current and future needs and the development of plans to address imbalances to optimize human resources, reduce costs, and improve efficiency. The inaugural Workforce Planning and Analysis Market Study examines market requirements and priorities, providing an analysis of the priorities, current usage, and future intentions of end user organizations.
Dresner Advisory Services Publishes 2023 Analytical Data Infrastructure Market Study
Dresner Advisory Services today published the 2023 Analytical Data Infrastructure Market Study, part of its Wisdom of Crowds series of research. Analytical data infrastructure (ADI) defines a set of technology components for integrating, modeling, managing, storing, governing, and accessing data sets. These data sets then serve as sources for analytic/business intelligence (BI) consumers, e.g., analytic/business applications, tools, and users.
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1/1/2023