By Oracle definition, Oracle Analytics Cloud (OAC) is a scalable and secure public cloud service that provides a full set of capabilities to explore and perform collaborative analytics for you, your workgroup, and your enterprise.
From a user point of view, as one who have explored OAC since 2018 - it is one of the best analytic tools you could use to harness data in arriving at the best decisions/ inferences, backed up by the power of Augmented Analytics.
If you want to understand the magnitude in which the global data volume is increasing, there is an interesting analogy that caught my attention.
Say, 1 Terabyte = 1 Kilometer;
Then 1 Zettabyte = 1300 round trips to the moon
The predicted growth in global data volume by 2025 is a whopping 175 Zettabytes!!!
With such an alarming forecast in picture, imagine what you would miss out if you don't possess the sophistication to go insight-driven. Analytics is essential in this big data era, to derive value out of data in any industry sector you consider.
Oracle Analytics Cloud is a promising solution to this impending scenario. As a full stack Analytics platform, OAC is capable of end to end sophistication from data ingestion to data preparation & data enrichment to visualization and collaboration. With the power of Machine learning, AI and Cloud come together, the rise in popularity of Oracle Analytics Cloud has been stellar.
The proof is right below with Oracle Analytics named as a Leader in The Forrester Wave™: Augmented BI Platforms, Q3 2021!
More content on my explorations with Oracle Analytics Cloud are on its way. Stay tuned!