Analytics on cloud - A guide to maximize your ROI
Analytics is among the top use cases for cloud adoption today. By hosting analytics platforms on the cloud instead of on-premise, companies could dynamically scale productivity and insights generation. It is also possible to optimize the utilization of resources such as memory and computing power.
Given that analytics is a highly resource-intensive process, moving it outside the premise into a virtualized environment would dramatically cut down infrastructure costs. Further, a large number of data sources can be easily integrated via cloud-based applications without requiring complex reconﬁgurations or API management. As a result, the analytics component of the global cloud market is expected to reach $26 billion by 2023.
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