Modernizing decision support systems is key to achieving data-driven decision-making
The IDC MarketScape: Asia/Pacific excluding Japan (APeJ) Analytic Data Platforms for Decision Support 2023 Vendor Assessment has identified AWS, Google, Microsoft, and Oracle as the “Leaders” in the software category for Analytic Data Platforms for Decision Support. They are closely followed by “Major Players” in the market, namely Alibaba, Cloudera, Huawei, IBM, Snowflake, and Teradata.
In today’s volatile economic landscape, organizations’ ability to make informed decisions based on data-driven insights plays a critical role in advancing their business priorities. The report emphasizes the importance of improving enterprise intelligence (EI) or data-driven decision-making, which requires concerted investments and actions at multiple levels within organizations.
Modernizing decision support systems is key to achieving data-driven decision-making and keeping up with the rapid pace of innovation. Organizations are increasingly turning to high-performance and scalable analytic data platforms that can handle various data types and cater to multiple user personas. Cloud-based data platforms are gaining traction globally and in Asia/Pacific as organizations seek to future-proof their EI and decision-support capabilities.
Deepika Giri, Associate Vice President of Artificial Intelligence and Analytics Strategies at IDC Asia/Pacific, highlights the significance of leveraging analytics and AI to enhance productivity and operational efficiencies, particularly in the current global economic downturn. Giri emphasizes the need for robust and flexible decision support platforms that can meet scalability, performance, reliability, and time-to-value requirements based on specific use cases.
The IDC MarketScape report, titled “Asia/Pacific (Excluding Japan) Analytic Data Platforms for Decision Support 2023 Vendor Assessment,” provides a comprehensive evaluation of vendors offering analytic data platforms for decision support in the Asia/Pacific region. The assessment framework assesses the capabilities and strategies of vendors, distinguishing between those offering essential capabilities and those offering more advanced features. The report provides valuable guidance for enterprise buyers in Asia/Pacific who are planning to adopt or upgrade their decision support systems and associated analytic data platforms.
As organizations strive to navigate the complexities of the data-driven business landscape, the recognition of these technology giants as “Leaders” and “Major Players” in the analytic data platform market underscores their expertise and ability to provide robust solutions that empower data-driven decision-making across industries in the Asia/Pacific region.