Snowflake customers leverage the Data Cloud to bring all their data together and capitalize on the near-infinite resources of the cloud. But how can this data be used to look ahead? How can we use yesterday’s evidence to plan for tomorrow? The answer—time series forecasting. Time series forecasting is one of the most applied data science techniques in business. It is used extensively in supply chain management, inventory planning, and finance.

2022 was without a doubt a landmark year for business intelligence (BI) and analytics. With continued development of innovative and sophisticated technologies such as contextual analytics, analysis of our business data is more accessible than ever before. Many of these same trends will continue to grow into 2023, but the data analytics space is ever evolving.

Happy New Year from the Yellowfin team, and welcome to our 2023 wrap-up! Following a year full of product feature updates, company changes and new initiatives, this blog provides a helpful summary for all our customers and followers on our future 2023 product roadmap for the Yellowfin embedded analytics suite, and a look back at last year’s biggest news.

For the past 30 years, the primary data source for business intelligence (BI) and data visualization tools has generally been either a data warehouse or a data mart. But as enterprises today struggle to cope with the growing complexity, scale, and speed of data, it’s becoming clear that the data tools of 30 years ago weren’t designed to handle the enterprise data management challenges of today - especially with the growing variety and amounts of data that enterprises are generating.

Self-service analytics is fast becoming a necessity, not a luxury, in the modern enterprise. More businesses want to provide staff with self-service BI tools they can all use, without needing IT help or technical knowledge. This helps drive a data-driven culture across the organization, open up access to data to more people, and unlock actionable insights.

See how analyzing your business performance and relying on data can help you make better decisions and optimize your business operations.