For those of us in IT and especially BI, there’s nothing more exciting than seeing practices and technologies come together in a new combination, to support enterprise business in a new way. At the moment, we are seeing such a confluence of practices and technologies for real time, analytics, big data, and in-memory processing. The combination enables more organizations to credibly address time-sensitive business processes that involve big data and benefit from analytics. This includes new real-time analytic capabilities for planning and forecasting, price optimization, workforce management, production yield in manufacturing, fraud detection, risk calculations, loan approvals, facility monitoring, mobile asset management, operational BI, and so on. In short, the new in-memory confluence of real-time interfaces, flexible analytic models, and large datasets (which mix both BI and operational data) enables businesses to transform themselves, as they adapt to a changing and accelerating business climate.
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