NEW YORK, NY--(Marketwire - Feb 28, 2013) - Information Builders, a leader in business intelligence (BI) and analytics, information integrity, and integration solutions, today announced that it is helping its customers harness the potential of big data through advanced analytics capabilities. As organizations continue to grapple with larger sets of structured and unstructured data, the company's solutions provide the necessary tools for obtaining real-time insights from this information, regardless of its size, form, or source.
Information Builders has introduced new technologies to simplify the analysis of large data sets in three key areas:
- Social Media Analytics: Because social media channels combine the architectural sophistication of big data with the analytical complexities of unstructured text, their analysis is significantly different than legacy BI sources. Information Builders' WebFOCUS BI platform addresses this by enabling organizations to efficiently combine information gleaned from social channels with traditional enterprise customer relationship management (CRM) and enterprise resource planning (ERP) data. Unlike many specialized social media analytic solutions, WebFOCUS is entirely integrated within all enterprise BI functions, ensuring companies can better understand social conversations in real time.
- Search-Based Analytics: As more structured and unstructured data enters the enterprise, organizations are tasked with simultaneously analyzing information spanning both multiple formats and multiple source systems. To meet these new requirements, Information Builders has added data relationship and sentiment algorithms within WebFOCUS Magnify, its enterprise search platform. The solution uniquely links content found in search and analytic processes to source systems, allowing organizations to conduct further analysis and more detailed problem-solving as needed.
- Data Visualizations: Information Builders has enhanced its data visualization capabilities to depict complex data sets as intuitive, interactive images. These additions include a more robust analytical workbench in its WebFOCUS Visual Discovery solution, as well as new interactive visualizations for diagnostic and text analytics. As a result, companies can not only analyze large data volumes more efficiently, but also make the information more readily consumable by non-technical end users.
In addition to these advanced analytics capabilities, Information Builders also offers a portfolio of solutions for big data integration and information management. Drawing on these tools, organizations can seamlessly address the new computing requirements and challenges of large data sets and derive maximum value from their information investment.
"According to our research on big data, 62 percent of organizations indicate importance of big data for their organizations, but most lack effective analytics to take advantage of the information," said Mark Smith, CEO and chief research officer for Ventana Research. "Information Builders' big data analytics advancements bring much needed search and visualization to analyze and discover large data sets that are welcome additions to help organizations gain the most value from their big data investments."
"Information Builders believes today's big data challenges will be magnified tenfold over the next several years," said Gerald Cohen, president and CEO of Information Builders. "This rapid increase in data volumes will result in multiple new requirements and technologies, but we think big data analytics is particularly vital. The ability to integrate unstructured data with more traditional source systems, conduct real-time searches, and deploy the findings to multiple enterprise departments is essential for making informed decisions. By providing these capabilities and more, Information Builders is equipping our customers with the tools they need to be successful in the age of big data."
About Information Builders
Information Builders helps organizations transform data into business value. Our software solutions for business intelligence and analytics, integration, and data integrity empower people to make smarter decisions, strengthen customer relationships, and drive growth. Our dedication to customer success is unmatched in the industry. That's why tens of thousands of leading organizations rely on Information Builders to be their trusted partner. Founded in 1975, Information Builders is headquartered in New York, NY, with offices around the world, and remains one of the largest independent, privately held companies in the industry. Visit us at informationbuilders.com, follow us on Twitter at @infobldrs, like us on Facebook and visit our LinkedIn page.