Consultancy firms and system integrators are starting to productize analytics. They’re creating turnkey solutions for customers and adding value to them by offering managed services. If you’re thinking of creating an analytics solution for your customers, there are three things you need to think about when choosing a BI vendor to partner with.
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.
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.