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.
A significantly larger number of respondents from France, Italy,
Switzerland, Sweden and Germany say they have implemented, or plan
to implement, CEP within their organisations.
Commented Giles Nelson, EMEA CTO for Progress Software, “Today’s
business environment is more competitive and fast moving than ever
before. Customers are savvier than ever and businesses need to be
proactive rather than reactive in winning their loyalty and
providing exactly what they want when they want it.
“CEP can provide enterprises with real-time information on
customer and market trends allowing an enterprise to take advantage
immediately – to get ahead and stay ahead. Competitive advantage is
often sown up today by the first movers.”