Jan 27, 2012
Cloud business analytics full of promise but hitting barriers
As businesses struggle to process ever-larger volumes of data, the uptake of cloud-based business intelligence (BI) is expected to grow rapidly.
Figures from market research firm IDC suggest that cloud analytics and BI deployments, though still a small part of the business intelligence market as a whole, will grow at three times the rate of conventional, on-premises BI systems through 2013.
IDC’s most recent survey of the market found that half of businesses were considering BI in the cloud — a far higher level of potential take-up than for cloud computing technologies overall.