Enterprise Migration to Analytics-as-a-Enterprise Migration to Analytics-as-a- Service Gains Momentum in Asia-Pacific, Finds Frost & Sullivan PR Newswire SINGAPORE, March 24, 2014 - Cloud analytics provide several benefits including secure processing of big data, mobility, and collaboration The cloud analytics market is relatively niche in Asia-Pacific. As the demand for optimization and real-time data soars, enterprises across the region are integrating cloud analytics into their business models and fueling the growth of this new area. New analysis from Frost & Sullivan, The Case for Analytics in the Cloud, discusses the impact that predictive analytics will have on transforming the way companies plan their go-to-market strategies. Industries such as retail and financial services are expected to witness high returns from investment in predictive cloud analytics, especially with regards to forecasting trends in consumer spending and customer satisfaction. "Cloud analytics solutions offer a scalable platform that guarantees efficient utilization of resources and quicker decision making, essential in industries such as banking and retail," said Frost & Sullivan Information and Communication Technologies Industry Analyst Treepti Jaswal. As with most cloud services, the costs of deploying cloud analytics has been highlighted as a barrier to adoption, especially among smaller enterprises and in developing economies.
Enterprise Migration to Analytics-as-a-Service Gains Momentum in Asia-Pacific, Finds Frost & Sullivan
PR Newswire
SINGAPORE, March 24, 2014
- Cloud analytics provide several benefits including secure processing of big data, mobility, and collaboration
The cloud analytics market is relatively niche in Asia-Pacific. As the demand for optimization and real-time data soars, enterprises across the region are integrating cloud analytics into their business models and fueling the growth of this new area.