Shulou(Shulou.com)11/24 Report--

Recently, Gartner, an international authoritative research and analysis institution, released the 2023 "China Analysis platform Market Guide" (Market Guide for Analytics Platforms,China). As a leading one-stop intelligent analysis platform and solution provider in the industry, Guanyuan data, with its modern BI product capability, was selected again as a representative manufacturer of Chinese analysis platform after being selected into the "China Analysis platform Market Guide" published by Gartner for the first time in 2022.

Modern BI leads the industry trend, and "getting business to use" becomes the key to releasing data value.

Gartner pointed out in the 2023 "China Analysis platform Market Guide" that as China attaches importance to the digital economy, China's analysis platform market is receiving unprecedented attention. Gartner predicts that China's analytical platform market will grow by 19% in 2023 and 23% by 2026. Among them, the analysis which has integrated the traditional enterprise report function and the BI platform make the greatest contribution to the end-user expenditure, while the development momentum of the traditional enterprise report is slowing down rapidly, which is consistent with the trend that enterprises pay more and more attention to business-oriented, vertical and self-service analysis.

In Gartner's definition of analysis platform market, analysis and BI platform refers to a modern BI platform that supports decentralized and dual-mode management of data discovery methods to achieve self-service business intelligence. It refers to an one-stop modern BI platform that integrates traditional enterprise reporting functions and has the capabilities of embedded analysis, enhanced analysis and so on.

Guanyuan data, as the representative manufacturer of Chinese analysis platform for two consecutive years, has been selected by Gartner "China Analysis platform Market Guide". It relies on the industry-leading one-stop intelligent analysis platform and solutions, as well as the modern BI product capability of leading the industry.

The one-stop data service capability of Guanyuan data modern BI can fully support the full link from team to enterprise scale, from single point to combined analysis, from data access, report visualization, self-help analysis to intelligent analysis. Through the easy-to-use BI basic capabilities and out-of-the-box scene applications, the enterprise-level capabilities to support the large-scale development of enterprises, reduce the threshold of data analysis, improve the depth of analysis, promote operational refinement, and use the ability to adapt business scenarios and changing BI capabilities to help enterprises achieve agile decisions.

Figure 1: panoramic view of Guanyuan BI products

In addition to the one-stop modern BI product capability, Gartner pointed out in the Guide that value delivery has begun to become an important evaluation factor of the enterprise investment analysis platform, and enterprises hope to see real value and business impact by adopting the analysis platform. Traditionally, due to technical barriers and management priorities, the IT department has complete control over the procurement of analysis platforms and the delivery of analysis results. However, this approach often leads to failure to meet changing business needs and to provide flexible and advanced insights. Today, business users exert more influence on the broader lifecycle of the analysis platform. This change is narrowing the technology and understanding gap between IT and business users and encouraging enterprises to cultivate data-driven environments.

Gartner suggests that Chinese data and analytics leaders should involve business units and users and work closely with the entire analysis process. This is very consistent with the concept of "let the business use" implemented in the design of Guanyuan data products. Modern BI of Guanyuan data has easy-to-use, scene-oriented and enterprise-level characteristics. From the Core BI of BI basic capabilities, to the BI+, that empowers the analytical thinking of business units, to the BI Management that supports enterprise scale, to the BI Copilot that integrates innovative technologies, Guanyuan data is all built to promote modern BI to "make business use" in the enterprise and further release data value:

✦ Core BI: with data access, data development, data analysis, portal applications, collaborative applications and other capabilities, with its ease of use, through a lower threshold to extend the capabilities originally used by IT technology departments to business units, so that business people can use them more quickly

✦ BI+: includes industry scenario package, general scenario package, AI enhancement application, encapsulates enterprise internal analysis practice and industry data analysis application best practice, and implements analysis ideas to different business departments through scene application, so that business personnel can actively use BI products to make analysis decisions.

✦ BI Management: in order to cope with the performance test after the increase in the number of users, the enterprise platform architecture, the architecture design of "Cloud Native" + "big data" + "AI Convergence", can meet the data application needs of enterprises at different stages and make the business widely used.

✦ BI Copilot: integrate ChatGPT capabilities of AI into innovative applications, with intelligent interactive question-and-answer style, so that AI can better integrate with BI, help business personnel optimize the analysis process and improve the efficiency of business analysis.

Guanyuan data and Gartner share the view that giving business people real data analysis capabilities and working with IT departments to unleash productivity will promote more situational insight and democratize advanced analysis. Modernising Guanyuan data, which "make business use", will also help more users enjoy the value of the data.

Driven by digital technology innovation strategy, the importance of domestic BI continues to rise.

Another important finding of the Chinese analysis platform market in the Guide is the continuous increase in the importance of domestic BI. Gartner pointed out that in the context of the national promotion of the digital economy and standardizing data and analysis activities, it is required to build a self-reliant and self-sufficient digital technology innovation system, and the strengthening of localized data and analysis ecosystems is becoming more and more important and gradually occupying a dominant position. In Analytics and BI, the largest growth area of China's analysis platform market, domestic BI manufacturers are expected to occupy 79 per cent of the Chinese market by 2024.

One of the key reasons for this change is that domestic BI is narrowing the functional gap with its global competitors and is more in line with the needs of Chinese companies. It includes Chinese-style complex reports, graphics and chart types that conform to the habits of Chinese users, as well as mobile support. The solutions of domestic BI manufacturers can usually provide customized services through their own service teams or local service partners, which is difficult for global suppliers to achieve.

Figure 2: Guanyuan BI "Chinese report Pro"

Guanyuan data leading industry's domestic BI products, with easy-to-use, enterprise-level, scene-oriented modern BI, can efficiently meet the digital needs of enterprises in the Chinese market. Taking Chinese-style complex reports as an example, Guanyuan BI launched "Chinese-style report Pro", which is highly compatible with Excel users' habits, deeply integrated with Guanyuan intelligent data analysis platform, and has the capabilities of intelligent data preparation, authority control, linkage screening and so on. At the same time, it provides low-threshold report construction capability and agile realization of Excel report online. It is suitable for Chinese-style complex reports with complex data sources, complex headers, complex layout and complex calculation. It solves the problems of long development process, high migration cost and poor use effect of traditional Chinese report development, realizes agile iteration, and greatly improves the development and analysis efficiency of business report.

Guanyuan data has a deep understanding of the digital needs and pain points of enterprises in the Chinese market. The advanced domestic BI construction practice with more than 600 industry leading customers, including Unilever, LVMH, 3M China, China Merchants Bank, Tiger Securities, Anta, Musang Group, Yuanqi Forest and Xiaohongshu, also demonstrated that the product strength of Guanyuan BI can meet the different business analysis needs of enterprises of different industries and sizes, promote enterprises to achieve more accurate data analysis and intelligent decision-making, and continue to contribute to the digital development of enterprises.

In the future, Guanyuan data will continue to dig deep into the field of data intelligence, explore, innovate and practice, help more enterprises to achieve data-driven intelligent decision-making, build agile management capabilities, and continuously enhance the sustainable development of enterprises facing the future.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.