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Data is the oil of many modern organisations, but what are the trends in BI they should be aware of?
3 Oct, 2017
Harnessing data to produce business intelligence needed to gain a competitive edge is more important than ever to many organisations today. But where is the BI field headed, here are some of the top trends seen in 2017.
Data discovery/visualisation
According to the Top Business Intelligence Trends 2017 report, visualisation and explorative data analysis for business users (known as data discovery), has become one of the most important trends in BI.
The increasing variety of data available today needs more efficient and user-oriented methods of presentation, according to the report. Visualisations help people quickly digest the most relevant information at a glance.
Self-Service BI
Another BI trend coming to the fore is self-service BI, manifesting itself as an ever-growing demand from business users for ad hoc reporting, analysis and flexibility. But this demand for BI data to be available anytime, anywhere, and on any device, is putting pressure on IT as enterprises are increasingly allowing users to build and design their own reports, models and queries.
Master Data/Data Quality Management
With master data and data quality management, users can make the right decisions based on accurate data. The aim of master data management is to integrate and exchange data from customer, supplier or product master data across multiple systems.
Embedded BI
Businesses are increasingly embedding BI and analytics closer to where people work. Analytics is being put into the hands of people who aren’t BI specialists, such as shop workers, call centre staff, and lorry drivers. This embedded BI extends analytics to people who may not even realise they are using it.
More BI in the cloud
BI and analytics are moving faster into the cloud becoming a mainstream practice in 2017. The concept of data gravity (data pulls in more data), means that analytics is deployed where data lives.
Artificial Business Intelligence
Artificial intelligence and machine learning will play an increasingly important role in business intelligence. The increasing amount of data available to businesses will mean there is no time to sift through all of it to find trending and patterns. There will also be little time produce reports.
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Leigh Baillie - Tahola, 5 Oct, 2017
In 2017 we've witnessed an explosion of data, an increase in processing, a move toward information activism. But is the gap widening between the data and our ability to consume it? How have these patterns impacted the BI industry over the last year?
Tahola partner with Qlik and we pride ourselves on doing the more complex analysis that finds the hidden insights typically overlooked by other tools. If you would like to find out more about how we do this, then come along to Visualise Your World on the 12th October and let us show you.
We believe analytics are about YOU, YOUR data and YOUR world, join us to learn more about the future of Analytics, Big Data, Cloud and IoT.
Topics
- Building, property
