Oracle has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Analytics and Business Intelligence Platforms, according to Oracle. The recognition is based on Oracle’s Ability to Execute and Completeness of Vision.
Oracle’s Strengths in Analytics
T.K. Anand, executive vice president of Oracle Analytics, highlighted the growing demand for data and AI-enabled decision-making. “The AI-powered Oracle Analytics Cloud is helping customers move from simply analyzing data to making decisions more effectively and taking actions more efficiently,” Anand stated. He emphasized that Oracle’s position as a Leader confirms its capability to deliver best-in-class analytics for intuitive decision-making.
Innovations and AI Integration
The future of analytics is poised to include AI-infused solutions, increased automation, and a greater emphasis on delivering contextual insights. Oracle continues to innovate with solutions such as Fusion Data Intelligence and updates to Oracle Analytics Cloud, which support data exploration, dashboarding, and storytelling.
Oracle Fusion Data Intelligence leverages Oracle Cloud Infrastructure (OCI) services, including Oracle Autonomous Database, OCI Generative AI, and Oracle Analytics Cloud. It provides advanced analytics that go beyond day-to-day transactional reporting to deliver insights and predict outcomes for finance, supply chain, HR, and customer service teams.
Enhancements in Oracle Analytics Cloud
Oracle is enhancing its Analytics Cloud by integrating OCI AI Services, such as OCI Vision for face detection in images and OCI Document Understanding to extract information from documents. The Analytics Assistant revolutionizes data storytelling, enabling users of all skill levels to construct and modify insights-driven narratives. Oracle Analytics Cloud also allows for a range of AI outputs to be generated using third-party cloud services, including an AI avatar capability that presents data stories in an engaging, newscast-style format.
Gartner Disclaimer
Gartner, Magic Quadrant for Analytics and Business Intelligence Platforms, Kurt Schlegel, Anirudh Ganeshan, David Pidsley, Julian Sun, Georgia O’Callaghan, Christopher Long, Kevin Quinn Fay Fei, Edgar Macari, Jamie O’Brien, 20 June 2024.
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