Written by on Thursday July 8th 2010 in Press Releases, What We're Doing

Gartner Identifies Simulation in the Top 10 Strategic Technologies for 2010

In an analysis of the latest trends that are due to impact IT professionals in 2010, Gartner, the world’s leading information technology research and advisory company, placed Advanced Analytics at No. 2 of its top 10 strategic technologies to watch.

Gartner defines Advanced Analytics as: Optimization and simulation using analytical tools and models to maximize business process and decision effectiveness by examining alternative outcomes and scenarios, before, during and after process implementation and execution. This can be viewed as a third step in supporting operational business decisions.

Fixed rules and prepared policies give way to more informed decisions powered by the right information delivered at the right time, whether through customer relationship management (CRM) or enterprise resource planning (ERP) or other applications. The new step is to provide simulation, prediction, optimization and other analytics, not simply information, to empower even more decision flexibility at the time and place of every business process action. The new step looks into the future, predicting what can or will happen.

“Companies should factor the top 10 technologies into their strategic planning process by asking key questions and making deliberate decisions about them during the next two years,” said David Cearley, vice president and distinguished analyst at Gartner.

Read the full story: Gartner Identifies the Top 10 Strategic Technologies for 2010