Date Added: Apr 2014
Companies have traditionally adopted business intelligence solutions to support business decision making on a consistent daily basis, bringing data from disparate systems into a common data structure or warehouse for reporting, analysis and creating analytic applications. Emerging data discovery tools have focused instead on providing data savvy users with free-form, more tactical one-off analysis on single data sets. Both are valuable in maximizing the value of data to an organization because they take into account the varying half-lives of data. Moving forward, companies will maximize value from BI and data discovery by driving rapid analysis of new data and bringing those models into the broader BI reporting environment for greater breadth and repeatability.