Business Intelligence Trends As We See Them: Part 1
Research shows that by 2014 the swiftly developing evolution of Business Intelligence (BI) now occurring will come to new states of fruition, indicating that it will be report-focused and owned by IT departments. As a result, businesses will change both how they access business intelligence and where they purchase it.
This leads us to believe that we will see the total integration of business intelligence as it emerges diversely through the growth of several trends. In this installment, we’ll take a close look at two upward trending disciplines:
- Mobile Analytics
- Analytic Processing
Mobile Analytics
Business Intelligence is rapidly moving into the mainstream because of the ubiquity and ever-increasing versatility of handheld devices. It’s been said by some that by 2014 as much as 33 percent of all business intelligence will be conducted via handhelds. In its infancy, mobile business intelligence apps will largely resemble their desktop parents. But like most things mobile, applications grow into their own quickly (they grow up too quickly, don’t they). Therefore it’s reasonable to think that independent vendors will develop BI apps that are tailor-made for handhelds, conforming functionality specifically to mobile BI, extending standard reports and dashboards. Because customers will eventually be interfacing with mobile BI, we believe companies should be developing customer-minded Business Intelligence with the aid of their marketing and product management departments.
Analytic Processing
In three years time the performance management and analytic application markets will grow because at least 30 percent of analytics applications will see increased functionality, stability and speed due to in-memory functions. As a result of that, the predictive, proactive and forecasting elements of the software will increase. We will see packaged apps that include:
- Data mining
- Forecasting
- Advanced simulations based on complex business models
- Text mining
- Regression and Optimization
- Scoring and hypothetical results simulations
Every business will have to decide for itself whether it will either build its own Business Intelligence applications or buy them. It will be a top priority.
Tableau Business Intelligence: Tomorrow Realized Today
It’s clear that Tableau business intelligence is already on tomorrow’s track…right now. Integrating Tableau BI into the culture of your business will create a highly synchronized nexus of data on which your team will make informed decisions for the future benefit of your organization.
Considering rolling out mobile business intelligence? The benefits are obvious: get data where decisions are made and in the hands of people who need it. Spread business intelligence more widely throughout your organisation and create a culture of data-driven decision making.
Download this white paper to learn the five best practices for mobile business intelligence. With this approach learn how to deploy faster and make your business intelligence more useful.
