According to Gartner Inc,the market for business intelligence (BI) platforms in Asia Pacific is expected to grow 7.4 percent to reach more than $1.6 billion by 2017, as data discovery and mobility create a revival in spending by business users. However, there are challenges like breaking down departmental knowledge silos, integrating the BI tool with other systems and maintaining an appropriate level of data quality to feed into the BI system. Ideal Analytics Solutions, headquartered in Kolkata, addresses these challenges through its BI tool Ideal Analytics. The solution enables smart data discovery and renders prudent business suggestions. The tool is equipped with connectors to heterogeneous data sources and it comes with flexible deployment options including on-cloud and off cloud solutions.
Though data discovery tools have been around for a while, Ideal Analytics’s proactive approach to data analysis is making business intelligence more accessible to organizations. The solution provided by Ideal Analytics is business user driven and it does not require the user to be technically adept for using the tool. It fulfills specific demands of disparate lines of business(LOB) and facilitates self-service business intelligence to business users. Available with flexible deployment options of private/public cloud, on-premise and embedded (OEM) model, Ideal Analytics reaches out to a diverse group of customers spanning SMBs to Large Enterprises as well as independent analytics consultants.
“The solution provides insights of the business scenario, critical metrics and KPIs through interactive dashboards and ad-hoc exploration while allowing users to define rules and benchmarks related to business exceptions, abnormalities or anomalies,” says Sanjoy Chatterjee, CTO & Director of the Board, Ideal Analytics Solutions. Ideal Analytics prediction and forecasting engine along with the real-time messaging infrastructure identifies the patterns and reports back to the user. The intelligence engine runs in the background and keeps on refining the hidden parameters and discovers known/unknown patterns relevant to business outcome.
What sets Ideal Analytics apart from other BI tools, are its core elements of smart data discovery like query deciphering, query analysis and query optimization. Laden with fast alternative and interactive exploration features, it allows the users to tell and comprehend the little changes and perturbations and choose amongst a multitude of possible solutions. It seamlessly gets embedded in the ecosystem of any business operation of enterprise scale working with different formats and without the mandatory necessity of running through a centrally formatted pool. The BI tool stands apart in its ease and speed of usage and in collaborating the output with anyone.
Having such a revolutionary tool in its portfolio, Ideal Analytics Solutions is geared towards providing wholesome prescriptive and informative analytical engine including information intelligence and natural language interaction to suggest users the best possible solution considering enterprise, social and market data.