Gartner’s 2021 Magic Quadrant for Analytics and Business Intelligence Platforms has recently been released and it’s interesting to see that we now only have three players left in the top right corner. Two of them are now owned by large players in the industry, Tableau (Salesforce) and Power BI (Microsoft) — making Qlik the only unique private equity company with Thoma Bravo as their owner.
Visualization is now a commodity
It’s interesting to read that visualization is now a commodity that everyone can provide, with the focus currently being on developing the augmented experience, data prep and data cataloguing.
To cover the data prep side, Qlik recently acquired Attunity, hoping to minimize the use of QVDs. My bet, however, is that QVDs will still be a vital part of the Qlik community going forward given their superior speed and flexibility.
Tableau has launched the Tableau prep conductor and, in combination with their catalogue function, they hope that it will be satisfactory for users. Considering that Tableau users have historically worked with data that has already been from the data warehouse, it will be interesting to see what traction Tableau prep conductor will have.
Power BI will always have a lead when it comes to the data prep side. Data prep is their home turf, and visualizations has always been their weak point. Given that it seems like the users find Power BI good enough for visualizations, combined with their attractive price point, Power BI will most likely increase their market share in the coming years.
Cataloguing in multiple BI platforms
If the trend is so clearly pointing towards augmented experience, data prep and cataloguing, is it realistic to believe that cataloguing and lineage should be conducted in the BI platform itself?
I believe the answer is no. In reality, most organizations have a multiple BI platform strategy, meaning that the augmented experience, lineage and cataloguing needs to happen on top of your BI platform. In the latest release of NodeGraph, we are targeting this exact use-case. We also believe that finding your data as well as trusting your data will be key for the future of BI deployment. However, it’s important that this execution stretches beyond just the BI environment. If you implement it in only your BI platform, you’ll be faced with even more robust silos.
The goal for cataloguing should be to remove the silos, not only between different BI platforms but also between the IT side and the business side or your organization. To achieve this, we need to share a common view of our data landscape. Hence, this cannot be driven from the BI vendor but needs to be a separate product. This growing space is called Analytics Governance and this is the space in which NodeGraph is aspiring to be the leader.