Analytics in the cloud doesn’t refer to just a SaaS-based BI application or a hosted data warehouse (although it does include these things) but to any one of six critical elements, according to a new report by Stamford, Conn.-based Gartner.
Failure to understand the details of cloud analytics could mean disaster for future projects, said Gartner analyst Bill Gassman, co-author of the report.
“Enterprises will increasingly pursue cloud analytics, but projects may falter unless all members of the project team have the same idea of what it means, in order to avoid working at cross-purposes,” Gassman and fellow analyst Rita Knox wrote in the report.
According to Gartner’s definition, “cloud analytics refers to any analytics effort in which one or more of these elements is implemented in the cloud, be it public or privately owned.”
The six elements are data sources, data models, processing applications, computing power, analytic models, and sharing or storing of results. “We see any number of those combinations being built,” Gassman said.
Read the full article: http://searchbusinessanalytics.techtarget.com/news/2240019778/Gartner-The-six-elements-of-cloud-analytics-and-SaaS-BI