Improving Business Performance By Closing BI Maturity Gaps With Hybrid Cloud Deployments

Improving Business Performance By Closing BI Maturity Gaps With Hybrid Cloud Deployments

As digital businesses thrive and digital transformation grows increasingly crucial, firms looking to remain competitive need more than the traditional bare-bones analytics solutions. Data shows that 80% of organizations want to become more advanced in their ability to perform analytics. This requires companies to find the right solutions that exhibit a robust suite of functionalities, but organizations must also ensure their analytics/business intelligence (BI) processes are secure, easy to use, and simple to acquire. Forrester identifies companies that are making this transition as insights-driven companies, or companies that are leveraging data analytics/BI to guide the future of their business. This transformation in how companies use data is important, as a recent Forrester study found that insights-driven firms are 39% more likely to repeat year-over-year revenue growth of 15% or more.