One of the really interesting trends that I’m seeing in the marketplace relates to consultancies. Historically, the primary business model for consultancies was to sell their expertise and services. Every customer would get a unique service offering that was defined specifically for them.
Last week it was announced that Yellowfin jumped to Visionary in the Gartner 2020 Magic Quadrant for Analytics and BI Platforms. Toot toot! This is a massive achievement for the entire Yellowfin team putting us in the same room as products by the biggest players on the planet. What makes it so special is that we are a privately funded, Melbourne based organisation smashing it against huge, cashed-up tech giants.
It’s recently been announced that we've made the Gartner Magic Quadrant for the seventh time. What’s most exciting is that this year we're in the visionary quadrant. This means that Yellowfin is now recognized for being an innovator in the BI space. We bring products to market that other people follow and that have something different to offer customers of BI software.
It is that time of year again. The much anticipated 2020 Gartner Magic Quadrant for Analytics and Business Intelligence Platforms has been published, and we are elated and humbled to announce that Yellowfin has been recognized as a “Visionary” in this year’s report. It’s our seventh consecutive year in the quadrant and just like last year, we believe we have made the most significant leap of any vendor in it.
What is embedded analytics? Embedded analytics is the integration of analytical capabilities and data visualizations - real-time reports and dashboards - into another software application. This allows the end user to analyze the data held within the software application into which the analytics platform is embedded. With this analysis, the end user can identify and mitigate issues and spot opportunities to maximize.
Over the years, we’ve worked with a lot of software vendors who have embedded analytics into their product and there’s a range of reasons why they’ve chosen to do that. Some want to modernize existing analytics with a better solution, while others want to engage with more users or extend the use of their application to the C-Suite by delivering something of value to management like reporting.
Filtering is an underappreciated feature of business intelligence and analytics. Yet filters are critical to data analysis. Filters will probably be the primary method, of all the possible interaction types, that end users utilize. Welcome to part 3 of Yellowfin 9 Fresh Features. If you missed part 2, check out the enhancements to Yellowfin's automated data discovery - Signals. Yellowfin has a rich filter functionality that isn't available in some of the other leading analytics platforms.
A really interesting development I’ve seen in the data and analytic space lately is the rise of the data catalog. You may know these by another name such as a semantic or metadata layer, but they’re all fundamentally the same thing. Data catalogs aren’t new, they’ve been around for a long time. While some vendors like Yellowfin and Cognos have always had them, others like Tableau and Qlik are now just getting to them.
