Company
Date Published
Author
Mat Keep, Steve Jurczak
Word count
1030
Language
English
Hacker News points
None

Summary

Choosing the Right Tool for the Job: Understanding the Analytics Spectrum` discusses the need for application-driven analytics in today's digital economy where organizations want to create competitive advantage, reduce costs and risk, and increase efficiency by enabling faster decisions on fresher data. This approach complements traditional centralized analytics systems, which are designed to process large datasets but may not be suitable for real-time applications. The spectrum of capabilities required for application-driven analytics includes continuous querying of operational system data with low latency, working with smaller subsets of data, and running less complex queries compared to centralized analytics. By choosing the right tool for the job, organizations can maximize competitive advantage through smarter applications, improve customer experience and loyalty, reduce costs, and out-innovate their competitors.