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Thursday 12 October 2017

Big analytics push from Workday

logoWhen Workday acquired data discovery youngster Platfora in 2016 it was part of a bigger programme to build an analytics platform. That programme has taken a big step forward with the release of the Prism Analytics platform which uses Platfora technology, rewritten to properly integrate it into the Workday stack rather than providing it as an add on.

As Prism can work on data held within external systems, as well as data held within Workday’s own HR and financials systems, Workday is trying to position itself as the analytics platform and front end of choice for enterprise businesses. But it has plenty of competition here from the big guns of SAP, Oracle and IBM, to analytics specialists like SAS and data visualisation experts Tableau and Qlik.

It is also offering Data-as-a-Service (based on anonomised data) and benchmarking alongside analytics capability however, which will enable its customers to see how they compare to their peers. This is a good starting point for cloud pure plays because the cloud model means data is readily available and benchmarking provides a clearly defined analytics and data-led use case and set of outputs. As many enterprises are still struggling with where to apply advanced analytics and how to extract more value from data, the clearer the use case and benefits, the better. Obvious but incremental gains is the way forward and DaaS and benchmarking is a good starting place.

Posted by Angela Eager at '09:55' - Tagged: cloud   software   analytics   data   machineintelligence  

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