The future of business intelligence: Six key trends
By Stephen Coull – The future of business is in the cloud, and this is also the way big data is now moving. Nearly all BI elements, including data sources and models, analytics, data storage and computing power, have already moved to the cloud. Businesses need a connected cloud strategy to ensure reduced risk and flexibility.
Cloud services is by far the biggest trend in BI, especially with the wide adoption of remote working. Cloud-based BI makes it possible for apps and data to be accessed anywhere and anytime. Software-as-a-Service (SaaS) apps are becoming more popular and can be accessed via any web browser, allowing data, insights and answers to be accessed anytime, anywhere and on any device
Business Intelligence (BI) – has undergone significant transformation in recent years and certainly is not being superseded by artificial intelligence. In fact, it has become more efficient and user-friendly since moving to the cloud, utilizing AI and machine learning, and its embedded implementation.
Today’s business leaders know that data is a valuable asset that needs to be used effectively to ensure efficient company processes. They require powerful data analysis tools to help them in the decision-making process. Businesses are embracing sophisticated analytics and data science to gain insights and make more informed decisions, the result; turning your BI department into a profit center.
BI is a valuable tool for both small and large businesses, it is evolving at a rapid pace and will determine how companies will work with data in the future. It therefore needs to be mobile, flexible and user-friendly. Here are 6 key trends that will shape the future of BI: Read On:
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