Author’s note: To be able to review sales margins, detect a decline in gross profit and prompt to your ERP system to increase pricing to offset the loss would be pretty powerful and potentially dangerous.

Insights without actions are irrelevant, so one of the major business analytics trends during the first half of 2022 was an emphasis on enabling data users to easily take what they glean from their analysis and trigger actions.

Analytics vendors’ platforms have always enabled customers to develop insights.

That’s essentially the point of business intelligence — use data to inform a decision. Until recently, however, once they reached an insight and made a decision, customers had to then go into a different system to act on data.

That is now changing with some vendors enabling users to trigger actions directly from their analytics platforms through integrations with operating systems.

But turning insight into action isn’t the only business analytics trend that shaped the first six months of 2022.

Real-time decision-making and integrating augmented intelligence and machine learning capabilities in BI platforms continue to evolve. Meanwhile, as more organizations migrate to the cloud, cost governance measures are becoming more important. And finally, organizations are realizing the benefits of using external data to augment their own data as they make critical decisions. Read On: