be-nz logo
Story image

Data, data everywhere - how to use the most valuable bits

22 Jul 2019

Data, data everywhere but too hard to use it all. The complex nature of data and the sheer volume of it can overwhelm organisations, whether they know what they are looking for, or whether they don't.

It’s inevitable that some valuable data will be discarded as part of the process of filtering out what fits the most important criteria at any one time. 

Ideally, all data and its value should be driving all product creation and business opportunities. But that requires quality data and the means to monetise it, as well as the data strategy to execute it.

A solid, foundational data strategy can incorporate data science platforms, which Gartner defines as the following: “a cohesive software application that offers a mixture of basic building blocks essential for creating all kinds of data science solution, and for incorporating those solutions into business processes, surrounding infrastructure and products.”*

Gartner goes on to add that, “a data science and machine learning platform supports various skilled data scientists in multiple tasks across the data and analytics pipeline. These range from data ingestion, data preparation, interactive exploration and visualisation and feature engineering to advanced modeling, testing and deployment.”

Data holds the secrets for new product opportunities and consumer trends; however the data strategy for any product creation requires reliable infrastructure software that supports data science and the insights that lie within.

Gartner analysed 17 of the most popular platforms as part of the 2019 Magic Quadrant for Data Science and Machine Learning Platforms. TIBCO Software, an independent provider of infrastructure software, improved its position on both the ability to execute and completeness of vision axes compared to the previous report.

"We believe that our success is thanks to the company’s acquisition of enterprise reporting and modern BI platform vendors (Jaspersoft and Spotfire), descriptive and predictive analytics platform vendors (Statistica and Alpine Data), and a streaming analytics vendor (StreamBase Systems)."

TIBCO has also kept its interoperability with open source environments – allowing open source code to be developed within the platform or in an outside environment and then integrated.

If you want to bring together powerful visualisation capabilities, strong descriptive analytics, and visionary predictive analytics in one platform, this evaluative report is a must read.

Download your copy of the 2019 Gartner Magic Quadrant for Data Science and Machine Learning Platforms here.

* Gartner Magic Quadrant for Data Science and Machine Learning Platforms, Carlie Idoine, et al, 28 January 2019

Gartner Disclaimer

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.

Story image
Google Cloud and Box announce strategic partnership
As part of the new partnership, Box will leverage Google Cloud as a key provider for data storage in its international operations.More
Story image
LPM Property Management leaves Amazon S3 buckets unsecured
"We take the protection of our clients' data very seriously. That's why we promptly dealt with this issue once we were made aware of it. The data is fully protected after our external technical contractor acted to ensure it was safe. There is no evidence at all to suggest any unauthorised access."More
Story image
How data analytics can save APAC businesses millions
Given the economic impact of COVID-19, businesses across the APAC region need to identify and plug financial leakage quickly to prevent further losses. Data analytics could be the answer.More
Story image
Apple pledges 100% carbon neutrality by 2030
The commitment includes efforts to reduce carbon emissions by bolstering the use of low-carbon or recycled materials, investment into energy-efficient projects, as well as investment in conservation and environmental restoration programmes around the world.More
Story image
How Kiwi FinTech is helping keep NZ’s economy on track
Three Kiwi company founders explain how they are helping the post-COVID economic recovery with a mix of innovation and heart.More
Story image
Vodafone NZ upgrades more than 120 mobile cell sites in preparation for 5G
The upgrades, which span the country, predominantly add 4G or 4.5G technology and capacity, which is part of the company's work in getting mobile towers ready for the fifth generation mobile network, 5G.More