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Companies Adopt Cloud Analytics to Save Money

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Cloud Utility x300Per PRWeb, Dr. Bing Yao, CEO of Jinfonet states, “The gap between supply and demand of analytical insights for customers presents a huge opportunity for companies.”

When it comes to how businesses approach analytics and reporting both inside and outside of the enterprise, most efforts focus on commercial products and services. Yet a large percentage of external customers still don’t have access to the analytics they need, because the cost to deploy them stands in the way, according to recent survey results published by Jinfonet Software, developers of JReport, an embedded business intelligence solution.

For several decades, the majority of enterprise business intelligence (BI) investments have focused on internal processes and users. However, when Jinfonet asked more than 400 senior IT and business professionals about their BI and analytics practices, 67 percent said they were serving external customers; 48 percent indicated that most of their commercial customers would benefit from analytic insights, but only 26 percent were getting them, suggesting that enterprises have an opportunity to improve products and services with analytics. The two greatest impediments to deploying BI and analytics to users were cost of deployment and choosing the right type of product.

Dr. Yao said, “Our survey results demonstrate that product and service owners are aware of the need to enhance offerings with data analytics and insights, but are still struggling to deliver them – a challenge that we can overcome through embedded cloud analytics.”

Read more at PRWeb

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