In today's data-driven landscape, organizations grapple with myriad challenges stemming from the increasing volume, velocity, and complexity of data. These challenges encompass data governance and management, the need for predictive and prescriptive analytics, the democratization of insights, and the rapid pace of technological advancements. To address these complexities, Zoho has introduced a new AI-powered self-service BI and analytics platform.
Since 2009, Zoho has been a prominent BI and analytics platform player, offering a robust foundation for data management and preparation. Zoho's self-service analytics platform is highly versatile and capable of running on Zoho's cloud, third-party clouds, or on-premises. Furthermore, Zoho caters to the embedded market, enabling third-party applications to leverage its analytics capabilities for insights within their business tools. As of the end of 2023, Zoho serves a substantial customer base of 17,000 directly paying organizations for Zoho Analytics, with over 70,000 businesses utilizing Zoho Analytics daily, embedded as part of any other Zoho apps. While Zoho One is widely recognized as its flagship suite of applications, the widespread adoption of Zoho Analytics within Zoho One, second only to Zoho CRM, across customer and employee experience applications, finance, marketing, and low-code applications, underscores its simplicity, reliability, and value.
Zoho Analytics is a powerful tool that offers both descriptive and prescriptive capabilities, enabling businesses to extract valuable insights and make informed decisions. Its descriptive features allow users to delve into historical data, understand past business trends, and identify key drivers. On the other hand, its prescriptive capabilities, driven by machine learning and AI, provide actionable recommendations to tackle specific business challenges. This includes features like decision intelligence, which assists users in understanding the root causes of certain events and how to respond effectively. By integrating these two types of analytics, Zoho Analytics not only helps businesses comprehend their past performance but also guides them in making proactive decisions to enhance future outcomes.
Let us explore why Zoho is emerging as a market differentiator in AI-powered self-service BI and analytics platforms. Its unique blend of features and capabilities makes it a compelling choice for organizations seeking to harness the power of data-driven insights.
Data Velocity and Diversity - A Modern Challenge
In today's digital age, organizations rely on many applications to manage their operations, resulting in a deluge of data. With modern enterprises often utilizing over 100 applications, the volume and variety of data generated are staggering, encompassing both structured and unstructured formats. To address this challenge, Zoho offers a comprehensive data management hub that provides a solid foundation for organizations to handle their data effectively. Zoho's platform excels in data integration, supporting over 500 data sources and facilitating real-time stream processing. This enables businesses to extract data from cloud data warehouses, files, feeds, and other unstructured sources seamlessly. Moreover, Zoho's commitment to innovation is evident in its ongoing expansion of data connectors, with plans to add 25 more soon. The platform's ability to process data in real-time from systems like Kafka, PubNub, or Cloud PubSub empowers organizations to efficiently collect and analyze data from diverse sources, regardless of their structure or format.