Businesses from various industries are producing a vast amount of data they don’t benefit from. Data is only valuable if enterprises can benefit from the insights derived from it. Technical expertise and the cost of analytics investments can be a barrier to achieve this. Cloud analytics services bring the value of analytics to businesses quickly without extensive setup times.
AaaS also replaces on-premise analytics with a cloud-based system. This enables companies to replace investment with operating expenses. Given the highly evolving nature of modern analytics, this enables companies to try various analytics approaches before making a large investment.