Say “embedded software” and most often you will get a blank stare from people. Say “smart device” and you will see a clearing in the cloud. But embedded software technology is just type of technology in a family of technologies called embedded systems.
According to Researchandmarkets, the global embedded system market is projected to grow from US$86.5 Billion in 2020 to US$116.2 Billion by 2025; growing at a CAGR of 6.1% from 2020 to 2025. There is a broad range of use cases of embedded systems, including hardware, middleware, medium-scale, automotive, and real-time embedded systems.
The birth of embedded analytics
According to Gartner analyst Kurt Schlegel, traditional business intelligence (in 2008) lacked integration and accessibility between data and users. Embedded analytics was developed to become more pervasive by real-time autonomy and self-service of data visualization or customization.
Gartner says embedded analytics software delivers real-time reporting, interactive data visualization and/or advanced analytics, including machine learning, directly into an enterprise business application. The data is managed by an analytics platform, and the visualizations and reports are placed directly within the application user interface
Qlik is best known for its analytics technology. Over the years, it has grown into and end-to-end platform which includes data integration, business intelligence and conversational analytics.
Click on the podcast player above to listen as Sim answers the following questions:
- Qlik in embedded in analytics.
- Embedded software for other tech vendors – why not build it themselves?
- What does it deliver that enterprises can’t already get from their existing third-party analytics solution?
- Do the features of a standalone Qlik also be available on the embedded version?
- In terms of performance, which is better – embedded or standalone?
- Does embedded version benefit from continuous development that comes with standalone?
- Do you see a trend towards more embedded functionality as opposed to given enterprises the freedom to pick and choose from best of breeds?
Different and the same
Asked the difference between a standalone version of Qlik versus the embedded Sim said the two are ‘pretty much the same’. He further clarified that the underlying technology is the ‘associative’ difference and ‘secret sauce’.
“That's where we are able to then pull data from multiple data sources, create the associations and allow users the complete freedom to explore all the possibilities within the data itself. That is the key thing and it is available whether it be a standalone or embedded product,” said Sim.
He does acknowledge that the embedded version will likely have a different look and feel as the OEM can create their own dashboards.
Click on the podcast player above to deep-dive into the difference and similarities between standalone and embedded approaches to technology.