top findings from 2014 state of embedded analytics report
DESCRIPTION
The 2014 State of Embedded Analytics Report was released, providing insight on why and how software providers are embedding analytic capabilities within their applications. Based on a survey of more than 400 software and SaaS executives, product managers, and technology leaders, this 42-page report is filled with best practices and valuable insights on embedded analytics. This presentation highlights the top findings.TRANSCRIPT
#SOEA
2014 State of Embedded Analytics
Top 10 Insights
#SOEA
#SOEA
Presenter
Alvin Wong
Product Marketing Manager
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Embedded Analytics
Integration of analytic content and capabilities inside software applications
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It’s about creating applications that
users love with embedded analytics.
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2014 State of Embedded Analytics
We surveyed more than 400 software
and SaaS companies of all sizes.
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1. Embedded analytics is here now.
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72%of software providers
have embedded
analytics
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2. Customers demand embedded analytics,
and the user base is expanding.
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86%of software providers say
analytics is important to
their customers
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51%today
Regular users of analytics:
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68%1-2 years
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Think “customer first”
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3. Analytics is a substantial portion of the
overall value of software applications today.
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35%Median value of analytics
as a percentage of the
overall product value
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Where is the value of your
application?
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4. Software providers continue to invest in
embedded analytics.
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65%of software providers will
invest in embedded
analytics over the next 12
months
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43%of those who do
NOT have
embedded
analytics
Who will invest in embedded analytics over
the next 12 months?
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75%of those who do
have embedded
analytics
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Invest for the short- and long-term.
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5. Embedded analytics drives revenue.
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85%of software providers say
embedded analytics has
helped them increase
revenue
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22.6%Of those who charge for
analytic capabilities, companies
charge on average 22.6% on
top of their core offering.
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6. Embedded analytics delivers a wide
range of strategic results.
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Software providers agree that embedded
analytics helps them:
89%
90%
90%
91%
92%
92%
Create a competitivedifferentiator
Attract new users
Give better sales demos
Increase end user adoptionof the product
Improve customersatisfaction
Improve user experience
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Think ROI.
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7. Analytics is not fully embedded (yet).
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How applications embed analytics today
Level 1
Gateway to
AnalyticsLevel 0
Standalone Analytics
Application
Level 2
Inline AnalyticsLevel 3
Infused
Analytics
Application
OK
Analytics
Application
OK
Module
OK
OK
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9%16%
53%
22%
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100%of those who infuse
analytics say it
increases revenue
Infused analytics delivers results
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95%of those who infuse
analytics say it
creates a competitive
differentiator
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8. The trend is moving toward
Infused Analytics.
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How applications anticipate embedding
analytics
15% 14%
30%
41%
Standalone Gateway Inline Infused
Application
OK
Analytics
Application
OK
Module
OK
OK
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How applications anticipate embedding
analytics
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5%10%
34%
51%
Standalone Gateway Inline Infused
With Embedded Analytics Today
37%
23% 22%18%
Standalone Gateway Inline Infused
Without Embedded Analytics Today
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Plan for deeper integration,
in phases.
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9. Popular analytics capabilities
remain popular.
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Analytics capabilities offered by software
providers today
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Importance of capabilities over next 12 months
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Map capabilities to your users.
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10. Big data adoption will grow.
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Data sources to be deployed
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Data is evolving.
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2014 State of Embedded Analytics Report
• Executive Insights on
Embedded Analytics
• Why Embed Analytics
• How to Embed Analytics
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http://learn.logianalytics.com/2014-soea
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2014 State of Embedded Analytics
Top 10 Insights
#SOEA