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Shyam Prakash Pal

June 29 · 5 min read

How Organizations Benefit from Cloud Analytics

Cloud analytics, without a doubt, remains the best service model for immense data analysis. The concept of cloud analytics revolves around delivering actionable insight configuration. Cloud analytics is the solution for business intelligence and collaborative planning.

Regardless of their size, businesses acknowledge the use cases of cloud analytics. So much so that the global cloud analytics market size is predicted to surpass the $65.4 billion mark by 2025.

Cloud Analytics

Analytics on the cloud includes data processing and storage operations on a private or public Cloud to avoid the expenses and maintenance of on-premises data storage and computing.

Cloud analytics tools enable you to work with enormous data sets to identify critical business trends, shortlist areas that require improvement across your organization, and form required strategies to tackle them.

Whether you want to evaluate your website traffic, production efficiency at a factory, climate trends based on satellite data, or analyze what is being recorded by sensors, cloud analytics is a promising solution and has many use cases.

Cloud Analytics offers various services such as –

  • Data Visualization
  • Data Management
  • Data Warehouse
  • Sensor-Based Analytics, Analytics on Mobile
  • People Management Apps, Business Process Apps, Analytics Apps, Chatbots

Analytics on the cloud has revolutionized Big Data and Business Intelligence and can be implemented in numerous ways.

Some companies prefer keeping some parts of operations such as storage and analysis on the cloud. Others prefer to use hybrid models, keeping some parts of operations, such as data analysis or storage, on-premise while keeping others on the cloud as a means to reduce costs or provide a boost in performance.

AI-driven big data analytics on the cloud is ideal for every organization that is seeking to expand its businesses without increasing costs since Cloud Analytics tends to be more affordable than on-premise hardware.

How has the cloud Changed the Analytics for Businesses in the Last Decade?

Over the last decade, there has been a massive growth in the adoption of analytics in Cloud computing. From starting off just as an experiment to helping businesses save on cost and to becoming an integral and important part of today’s IT infrastructure, Cloud analytics is becoming a dominant tool for organizations to grow their business and drive it forward.

The demand for hosting critical business data on the cloud has been on the rise for over a decade now. Cloud technology has brought tremendous breakthroughs in transforming businesses and revolutionized the way people use Cloud-based applications to access their data.

Kockpit offers various services on the cloud, such as –

  • Big Data Solutions
  • Data Management
  • Data Preparation
  • Business Intelligence
  • Data Pipeline Migration Services
  • Predictive and Prescriptive Analytics
  • Enterprise Performance Management
  • Digital Experience Management
  • Machine Learning (ML) and Artificial Intelligence (AI)

Key takeaways

As data volumes increase at a drastic rate, analytics on the cloud is predicted to be the future of data analytics. Cloud analytics facilitates agility, faster time to value, and a chance to produce data-driven business intelligence decisions.

Kockpit Analytics is a prominent leader in the analytics industry, providing industry-leading data analytic tools such as ETL, Big Data, Data warehousing, and Power BI solutions in Delhi NCR. To find out more, reach out to us at sales@kockpit.in.

Shyam Prakash Pal

1k Followers

Chief Decision Scientist, Google. ❤️ Stats, ML/AI, data, puns, art, theatre, decision science. All views are my own. twitter.com/quaesita

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