UK businesses shunning real-time data analysis
Research commissioned by Progress Software Corporation has revealed that 70% of UK businesses have no intention of analysing their data in real-time, but rather rely on retrospective business intelligence (BI) for critical market information.
The research revealed that UK organisations ranked behind their European counterparts, who expressed the intent to use real-time data, enabling better informed decisions to be competitive and agile in today’s business climate.
The study surveyed CIOs, senior IT managers and department heads across 500 European businesses in financial services, manufacturing, professional services, retail, telecommunications, travel, transportation and logistics. It revealed that the UK is lagging behind in its use of Complex Event Processing (CEP), the technology developed to address the data throughput needs of real-time data processing and analytics. Report
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