8 Analytics Trends to Watch in 2015

Business analytics are becoming 'the air companies breathe and the oceans in which they swim,' according to Deloitte Analytics. These eight trends will dominate the analytics field in 2015.

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5. The Rise of Open Source…Again

Open source solutions have been common in Silicon Valley for more than a decade and most websites these days make use of the LAMP stack. Now open source solutions like Hadoop are finding a place in mainstream enterprises as data storage and processing engines. It's no wonder why: Open source solutions are often free or inexpensive and the communities around them can enable rapid development and iteration. Tech leaders are ready to put open source technologies to work, but Deloitte warns that risk management must be part of the equation.

Deloitte points out that you may currently have an army of volunteer open source developers working on the project that you've just made core to your technology strategy, but they could move on to the next big thing. Or the quality of the solution and developers working on it might decline.

You need to have a clear picture of the portion of your infrastructure built on open source solutions so you can calculate your risk exposure.

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