- Sales & CRM
- Business Intelligence
Ingres and Yellowfin have launched a cloud-based managed service for analysing business data on demand. SkyInsight is based on the former’s specialised analytical database VectorWise and the latter’s web-based business intelligence (BI) software.
Ingres CEO Terry Garnett claimed that the service marked “a tremendous shift in the way companies interact with their data,” and could help speed the wider adoption of BI technology. He added: “Analytics and business intelligence are not only becoming more consumerised across the enterprise, they are also quickly becoming the foundation for building additional revenue-generating services.”
He claimed that, as a secure managed cloud service with “consumer-level usability”, SkyInsight would make it far easier for business users to upload and update data and then build insightful reports. It removes the need to spend time working with IT to aggregate transactional data and build it into the cubes typically required by BI systems, he said.
An analyst who helped Ingres research the market for the new service said that self-service applications are increasingly important in BI. “In interviewing many c-level executives about their analytics and BI needs, we identified a need for more self-service solutions that can be deployed faster than traditional on-premise solutions and don’t put undue pressure on already burdened IT resources,” said M.R. Rangaswami, founder of Sand Hill Group.
Garnett said that in a survey by Ingres of 222 BI, data warehousing and data analyst professionals, 35 percent said that they are already using the cloud in their businesses, and 36 percent that they plan on using the cloud in their business in the future. In addition, 63 percent of respondents said that analytics in the cloud could benefit their organisations.