top 8 revolutionary trends in bi analytics to watch for

8 LATEST TRENDS IN BI ANALYTICS

Reigning at the Top

BUSINESS INTELLIGENCE – NEEDS NO INTRODUCTION

Most talked of technological concept today

Most innovative and indispensable technology

Strives its best to understand all these varying pieces of information

Gives a meaningful and analytical piece of information, in the desired format, in the desired time at the desired location

WHY IS BI & ANALYTICS MOST SOUGHT AFTER?

The prime reason is the unstoppable data that is being gathered yesterday, today and tomorrow

Ever increasing in volume, this data needs to be treated and relevant information needs to be extracted from it

To create enhanced business value, increased productivity and maximized ROI

BI & ANALYTICS – WHAT IS IT ALL ABOUT?

A perfect blend of BI, Analytics and Big Data ensures no data untouched, unprocessed and give you the ideal output

Focuses on an amalgamation of processes and technologies to extract, store, analyse and transform data into enriched information

Technology giants have invested their expertise and experience in BI - Microsoft BI, Tableau, Pentaho being the major ones

THE GLOBE WITNESSING LATEST TRENDS IN BI AND DATA

VISUALIZATIONCurrent trends in BI and

Big Data Analytics showcase innovative elements in BI clubbed with other technical components

Supporting elements like the social media, mobility, cloud services, Internet of Things, Internet of Everything and other data technologies are supporting the growth of BI in the globe

Business processes, gaining deeper insights into their information arena and garnering the much required information quite easily

8 MOST INNOVATORY TRENDS IN BI AND DATA

VISUALIZATIONA Glimpse…

Faster Data Mining & Integration

Self Service BI & Analytics IoT & Data Science

Cloud BI Mobile BI

Data Visualization IoE BI in Industry Domains

DATA MINING AND INTEGRATION GETS MOVING FASTER

Data Mining and Data Integration form the crux of any

BI solution

An observable rise in sophisticated tools

It is now ensured that no data goes waste

SELF SERVICE BI & ANALYTICS

BI solution should be able to reach the most important set of

end users and should be accessible to them in their own

way, rather than depending upon solution providers

It calls for building your own reports, your own way, exploring within and then interacting with it, drilling down to the deepest

level possible

INTERNET OF THINGS & DATA SCIENCE

The powerful blend of the IoT data along with BI and Big Data analytics are a sure shot way to get the best information possible

IoT and Data Science is a world in itself and hence has the

potential to create a lot many opportunities for data

visualization and real time analytics.

CLOUD BI

A foreseeable accomplishment roadmap for best business

suppleness determined by two of the most popular technologies –

the Cloud computing with Business Intelligence

Turning favourable for smaller organizations that are able to

adapt BI technologies with ease and cost effectiveness

ENHANCED AND FLEXIBLE DATA VISUALIZATION

Better methods and ways to extract various kinds of dashboards /

analytical reports through innovative techniques

What you see is what you perceive – has become easier for enterprises to

read and interpret information

Visually appealing, graphically enriched reports

INTERNET OF EVERYTHING

The buzzword goes beyond “Things” to “Everything”

Focuses on availing information not only from devices, machines and

sensors but also gets in information from logs, geo locations and data from

the net

The flawless amalgamation of IoT, IoE, Big Data and BI Analytics form the crux

of the success of any business

MOBILE BI

Any device, any time and any platform + any information, any format and any time = Mobile BI

Operates through a mobile browser directly accessing the

application either on the web or through a native app

PENETRATION OF BI INTO MAJOR BUSINESS DOMAINSBI trends in Healthcare - hospital

data management, medical practices workflows, patient relationship management, clinical / financial

analysis of data

BI trends in Retail Industry - novel sales channels, reaching consumer

needs, management of ever changing data

BI trends in eCommerce - cross selling and up selling through

eCommerce websites, customer buying track records, sales and

revenue report management, sales evaluation, marketing campaign

effectiveness

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