Top 5 Reasons Enterprise Analytics is Finally Ready for the Cloud

From ThoughtSpot

Cloud spending is on the rise. Industry analysts at IDC cloud IT infrastructure spending will top $105 billion by 2024.

Despite this overwhelming shift in IT spend, enterprise analytics software has been slow to adapt to the cloud. In fact, only 9 percent of organizations say their IT environment is entirely cloud-based, to an IDG survey. Historically, organizations have launched testing and development projects in the cloud, but often moved these to on-premises infrastructure for production. Niche software for marketing analytics and CRM analytics may have resided in the cloud, but true enterprise analytics remained for the most part an all-on-prem game.

Until now.