Six Business Intelligence Predictions and Trends for 2016
- Published: Wednesday, 03 February 2016 21:49
2015 brought many changes to the world of business intelligence—however one top priority remained the same. According to Gartner, BI and analytics were still the number one investment priority for CIOs—and this year that won’t change. In fact, 2016 will see more organizations investing in BI as employees now view data as a vital tool in getting their work done. Additionally, we’ll see new trends emerge as BI becomes more mainstream.
1. Data integration gets interesting
Today’s companies want agile analytics—and they want to get the right data to the right people, fast. Because data lives in multiple places, this is no small task. Working across various sources can be a major challenge for companies, if not impossible in some cases. With an increase in BI tools and the addition of new data sources organizations will start to work smarter, connecting data to each residing data set and combining that data with more agile methods.
2. Visual analytics becomes a common language
Data is starting to rule conversations both inside and outside the workplace. People are visualizing data as a way to explore questions, share stories, and uncover insights. As usage grows, more people will look to data on a professional and personal level. Likewise, employers will search for candidates who can think critically with data. Serving as a common language, visual analytics will empower people to find answers and collaborate in more meaningful ways.
3. Big Data will move beyond hype
This year we’ll start to move past the hype surrounding Big Data. Instead of treating data sources, as new and awkward, usage will evolve into a richer and more intricate setting from, multiple sources to a joined landscape enabling the use of practical data.
4. Governed data becomes vital
Self-service BI is now becoming the norm. With more and more data out there, users want to become increasingly self-sufficient, not having to relying on others. Learning to work in a managed data space, governed data discovery is becoming a top priority. By coming together and using the same information, accurate decisions can and will be made. Similarly, employees are more likely to dive into data when they have centralized, clean, and quick data sources that look out for security and performance.
5. Advanced analytics for everyone
Employees throughout organizations are becoming savvier when it comes to analytics. Now they expect more than just a chart on top of their data. Multiple departments want a deeper, more meaningful analysis of things. Companies this year will begin to adopt platforms that allow users to apply statistics, ask questions and more.
6. Mobility becomes mainstream
Mobility is becoming more important than ever for data users. This means enabling multi-device lensing of BI and analytics will gain importance. A recent Gartner report showed that 85-percent of respondents from the U.S. and 77-percent of respondents from the rest of the world complete their objectives by using multiple devices simultaneously. Having unlimited access to their data can help users ask “why” anytime and find answers quickly.
It’s an exciting time for those adopting BI. As organizations begin to shift away from single solutions, they will search out tools that allow users to explore data. Organizations will then share their findings in a secure, governed, and interactive way.