We are excited to announce that Enquero has been recognized in *Gartner Hype Cycle for Analytics and Business Intelligence, 2020.
Click to access the complete report here, with an existing Gartner login.
Data and Analytics continue to assume the center stage of any digitally empowered business. Decision makers are increasingly demanding contextual insights to enable them to steer and prioritize strategic and tactical initiatives in the right directions. Therefore, it is only apt that Consumerization of BI and Analytics platforms is featured as one of the key trends in this year’s Hype Cycle.
There is a growing demand for faster and better decision-making, now more than ever. Data-driven organizations are in unique positions to make better strategic decisions, improve operational efficiency, drive better customer experience and ensure business resilience with the right data and analytics tools. Enterprise users today, are actively consuming insights at the point of decision-making with Analytics catalogs. These catalogs act like registers, enabling business and power users to effortlessly curate and collaborate on BI and analytics content. ‘Analytics catalogs address a real pain point impacting organizations using multiple analytics and BI tools by giving business users a single point of access.’ – said 1Gartner in the research report.
Enquero’s flagship product, PowerMe, is the industry’s leading integrated analytics catalog. It provides built-in connectors for BI and Analytics platforms to create a single-window access to search, discover and collaborate on reports and dashboards for contextual consumption to drive actionable insights. PowerMe automates metadata extraction of Analytics and BI assets for users to clearly understand the data lineage and assess the underlying data quality.
How is PowerMe helping Customers:
According to a CIO survey, 37% of IT leaders say that data analytics will drive the biggest chunk of IT investments this year. PowerMe has been instrumental in fuelling the data-driven culture for many large enterprises for ensuring the success of such Data and Analytics (D&A) investments. We have had the top Fortune500 players from various industries such as Telecom, Hi-Tech, Food & Beverage and Fin-Tech approach us with one common requirement. They were all looking to improve the adoption of D&A assets across their organizations to drive better business outcomes.
The main barriers to data adoption in large organizations are:
- Lack of awareness – Data and BI assets are usually spread across multiple tools and applications, which makes it extremely difficult for a business or a data user to even discover or trace them. It is definitely painful to look for a needle in a haystack!
- Lack of trust – Decision makers cannot afford to second guess their business actions, while basing their decisions from reports and dashboards, whose data accuracy might be in question. Even a small issue can not only potentially impact financial outcomes but also affect customer experience and brand trust.
PowerMe has been decisively facilitating an environment of hyper awareness and hyper trust for enterprises. Business and data users are able to focus better on delivering value with PowerMe rather than draining hours on searching for relevant assets, understanding data lineage and evaluating data health.
Our customers have been using PowerMe to:
- Simplify data and BI ecosystem to help users save time in accessing relevant data
- Optimize BI landscape for reducing process overhead
- Detect real-time data quality issues to enable faster remedial responses
- Harmonize data across global enterprises for holistic view of the Data and BI landscape
- Ensure data health for enforcing strict regulatory compliances
Why should you care about an Analytics Catalog?
Good business decisions are based on the right information being made available at the right time. Imagine the frustration of any organization sitting on a powerhouse of information in the form of data and not being able to utilize it to its maximum potential!
With the exponential growth of an organization’s D&A landscape, business users are finding it increasingly difficult to identify relevant assets to drive meaningful insights. Analytics Catalog caters to a variety of personas, right from executive decision makers, analysts, functional experts to D&A teams for enabling self- service data consumption and trust-based decision-making. To conclude, Analytics catalog is more than just a tool. It facilitates organizations in making informed decisions and supporting a data-centric culture for a successful digital future.
1Source : Hype Cycle Analytics and Business Intelligence 2020, Section: Analytics Catalog, Analysis by James Richardson Gartner subscribers can log in to read the full research on the website
*Disclaimer: Gartner, Hype Cycle for Analytics and Business Intelligence, 2020, Austin Kronz et al., 5 August 2020 Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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