Email: info@hitechito.com
Trends in Business Intelligence and Analytics Set to Rule the Year 2015 By: Chirag Shivalker
Business intelligence is surely going to reach a whole new level and smart Mobile BI technology seems to be in the offing.
In the information-fueled world; Business Intelligence has a very vital role to play. Typically involving tasks like delivery and integration of relevant and useful business information in an organization, business intelligence helps in detecting any noteworthy events and identifies or monitors the current business trends so as to quickly acclimatize with rapidly changing environment or scenario.
By: Chirag Shivalker
1
If business intelligence is put effectively into practice, the decision making processes at all levels, improves the tactical as well as strategic processes. Since, Business intelligence has gained such an impetus in the last few years; the experts believe that it will continue to make great impact across various industrial domains in the coming days. Here, are some of the Biggest Trends in Business Intelligence that are Expected to ROCK the Corporate World and Change the Dynamics:
1. Improved Data Governance: With a surge in the investment to set their data free for the decision makers across the organization, there’s a clear need for a fresh role to manage and control that data. And therefore companies are making, accessing, and utilizing more data from reliable and effective sources than ever before. This situation demands a position that not only manages data, but also understands how to make the maximum use of it throughout the company as well as sift the clutter to find what is important. As BI solutions are becoming more extensive, the time has come to clean up and focus on the various other serious objectives. As per Gartner, at present there are more than double the number of Chief Data Officers working in global organizations as compared to the numbers two years ago, and it is expected that by 2015, 25% of all reputed global companies may have some kind of data governor in place.
2. The Increase in Embedded BI: Adding a new process in daily business routine might become disruptive, even though it’s good for business; sometimes. And this leads to more complicated process, which becomes difficult to be executed. So, if you’re planning to invest in a business intelligence environment that is not been accepted by the organization, the problem might arise in the way the reports, dashboards, and analyses are delivered. The solution lies in providing an access to the proper information and become more people-centric. Implanting an analysis on the product card within the ERP system or on the customer card in the CRM system become one of the easiest ways to ensure BI reach to people who need it the most.
By: Chirag Shivalker
2
3. Streamlined Data Visualizations: Average attention span of people in general is shrinking, and with the daily dose of information, it’s no wonder our attention is drifting in every way, remaining normally on a single task for merely 8 seconds before something else catches our attention. Hence the requirement to make the dashboards and analysis reports in increasingly simplified manner in order to pass on the most vital information quickly has arisen. To sum it up, Business intelligence is surely going to reach a whole new level and smart Mobile BI technology seems to be in the offing.
About the Author: Chirag Shivalker is one of the very few business writers with flair of social commentary through his technical writing. With A decade long experience in technology writing and trend analysis Chirag is an expert in technology and technological trends along with business writing. Technology in mind and words at will Chirag is an all-rounder who has established his writing capabilities’ in multiple technology disciplines.
Reach us at: info@hitechito.com Get Connected:
Article Published at: http://patch.com/new-york/newcity/trends-business-intelligence-and-analytics-set-rule-year-2015
By: Chirag Shivalker
3