Analytics Magazine Analytics Magazine, January/February 2014 | Page 30

RES EARC H SU R VE Y Predictive analytics in the cloud Ability to deliver ROI solutions more cost-effectively is driving cloud deployment. BY JAMES TAYLOR Decision Management Solutions (DMS) recently conducted research into predictive analytics in the cloud. Sponsored by FICO, Lityx and SAP, the research has at its core a survey of more than 350 respondents from a wide range of industries. Following up on a 2011 survey, the 2013 results make it clear that predictive analytics in the cloud is becoming increasingly mainstream, with broader and accelerating adoption. D 30 | A N A LY T I C S - M A G A Z I N E . O R G The most striking result is that the number of companies reporting a positive impact from predictive analytics has risen dramatically since 2011. More than two-thirds of this year’s respondents have seen a positive impact from using predictive analytics in their business. It is also noticeable how much greater the reported impact is in 2013 relative to 2011. In 2013, many more companies reported transformative or significant impact than in 2011, while far fewer reported no usage or no plans as shown in Figure 1. W W W. I N F O R M S . O R G