Prognostications for the Future of BI
By jcoolidge on Jan 31, 2011
Dashboard Insight has published the viewpoints on the future of BI from several vendors' perspectives including ours at Business Intelligence Predictions for 2011
In 2011, businesses will demand more from BI. With intense competitive and economic pressures, it's not enough to be interesting. BI must be actionable and enable people to respond smarter and faster to the opportunities and challenges of the day. Most companies rely on BI to help them understand what's going on in their business. Many are ready to make the leap from "What's going on?" to "What are we going to do about it?" Seamless integration from reporting to what-if analysis and scenario modeling helps businesses decide the right course of action. The integration of BI with SOA and BPEL will deliver the true payoff for BI by enabling companies to initiate business processes directly from their analysis, turning insight to action for more agile and competitive business.
And, I must admit, it's tough to argue with the trends identified by other vendors.
- Enabling true self-service and engaging a larger community of users
- Accelerating the adoption of BI on mobile devices
- Embracing more advanced analytics such as data/test mining and location intelligence
- Price/performance breakthroughs
It's singing to the choir. I look forward to hearing the voices of some customers who are pushing the envelope and will post those stories as I capture them.