Augmented analytics is when you take what was traditionally a very manual workflow and automate it. This gives you the ability to analyze data far more rapidly and to package up changes for humans to interpret. Essentially you’re augmenting a human experience, so rather than spending all your time looking for a needle in the haystack, the machine finds the needle and gives it to you.
Consultancy firms and system integrators are starting to productize analytics. They’re creating turnkey solutions for customers and adding value to them by offering managed services. If you’re thinking of creating an analytics solution for your customers, there are three things you need to think about when choosing a BI vendor to partner with.
One of the really interesting trends that I’m seeing in the marketplace relates to consultancies. Historically, the primary business model for consultancies was to sell their expertise and services. Every customer would get a unique service offering that was defined specifically for them.
Last week it was announced that Yellowfin jumped to Visionary in the Gartner 2020 Magic Quadrant for Analytics and BI Platforms. Toot toot! This is a massive achievement for the entire Yellowfin team putting us in the same room as products by the biggest players on the planet. What makes it so special is that we are a privately funded, Melbourne based organisation smashing it against huge, cashed-up tech giants.
It’s recently been announced that we've made the Gartner Magic Quadrant for the seventh time. What’s most exciting is that this year we're in the visionary quadrant. This means that Yellowfin is now recognized for being an innovator in the BI space. We bring products to market that other people follow and that have something different to offer customers of BI software.