In response to overwhelming market demand, Forrester Research, Inc. has just released the first ever Forrester Wave for Big Data Streaming Analytics Platforms. IBM placed in the leader category and scored highest on performance and scalability optimization with InfoSphere Streams.
Forrester defines streaming analytics solutions as:
"Software that can filter, aggregate, enrich and analyze a high throughput of data from multiple disparate live data sources and in any data format to indentify simple and complex patterns to visualize business in real-time, detect urgent situations and automate immediate actions."
According to the report, “the opportunity to leverage streaming analytics has never been greater.” We interpret this to mean the time for InfoSphere Streams is right now. Analytics are hot, capturing tremendous market momentum, and real-time analytics are even hotter, ushering in the age of the customer. Market data, clickstream, mobile devices and sensors contain value, but often opportunities are fleeting.
Rearview mirror insights versus the windshield view
Traditional analytics are often called rearview mirror insights. Streaming analytics shatters traditional models and transforms organizations through forward thinking and real-time views; it’s the windshield view.
IBM InfoSphere Streams enables organizations to continuously analyze data and delivers real-time cognitive computing functions to learn patterns, predict outcomes and enable action. In fact, IBM recently released a performance benchmark study proving that Streams outperforms Apache Storm by 2.6 to 12.3 times in terms of throughput while simultaneously consuming 5.5 to 14.2 times less CPU time.
- CenterPoint Energy, a Houston, TX-based energy company serving more than five million electric and natural gas customers, is using InfoSphere Streams to continually process 2.3 million data points from its customers to identify issues/outages when or before they occur. Using IBM Infosphere Streams, CenterPoint Energy has resolved seven million service requests electronically in the past two years, saving the company 7,000 gallons of fuel for fleet and lowering costs for its customers by $24 million.
- Celcom Axiata, one of the largest Asian telecommunications companies with more than 215 million mobile subscribers serving 1.6 billion people across nine countries, is using InfoSphere Streams for real-time insight into data on customer service consumption, enabling Celcom to deliver highly targeted promotions when customer are most ready to buy. In fact, Celcom has increased revenue while offering customers the services they really want and need: the organization has seen a 70 percent increase in campaign performance driving ROI.
We believe these real-world examples helped propel IBM into the leader category of this most recent Forrester Wave where vendors were evaluated across 50 criteria in three categories: current offering, strategy and market presence. Forrester conducted reference calls, completed hands on evaluations and reviewed lengthy vendor surveys before assigning ranks and, according to the report, "InfoSphere Streams is industrial strength."
IBM received the highest possible scores in several other areas as well, including ability to execute, implementation support and data sources.
IBM received the highest possible scores in several other areas as well, including ability to execute, customer support and variety of data sources analyzed.
Forrester focused on vendors with a set of core capabilities. Firms can use streaming analytics for three main purposes:
- Visualize business in real time
- Detect urgent situations
- Automate immediate actions
What about open source?
Open source vendors, unfortunately, miss the mark, and aren’t able to satisfy these criteria because they are highly technical solutions that lack higher order tools and integration with business processes. No strong vendor offerings around open source technologies exist, and there is no way to measure the strategy or roadmap.
The opportunity to leverage streaming analytics has never been greater
Why? Because organizations understand that timing is everything. Turn your organization from reactive to forward thinking with real-time analytics.
- Of Streams and Storms: A Comparison of IBM InfoSphere Streams and Apache Storm
- The next revolution in decision management: Capturing big data
- Read The Forrester Wave: Big Data Streaming Analytics Platforms, Q3 2014