Sunday, February 24, 2008

Ten Business Intelligence Trends and Forecasts

1. The companies will be more interested in BI solutions that can be implemented and that shows results quickly.

2. The concept that BI is not just another IT project, BI is a continuous process to provide accurate information to help the business users to take better decisions, will continue to grow within companies.

3.The globalization has increased the concern about access data in real time. The companies have data distributed across worldwide, in different locations, becoming the data integration in an essential issue. To fill this gap between the demand and the current reality, the companies will need to use increasingly analytic applications with real-time monitoring, near real-time dashboards, and other applications that use the concepts of Complex Event Processing (CEP) and Event Stream Processing (ESP).

4. The concern with data quality and the utilization of Master Data Management (MDM) will grow and also how make the convergence of structured and unstructured data.

5. IT and Business increasingly will work together. The business users will have more participation in the decision about the BI solutions, from the choice of technology and BI vendors to definition of business model.

6. BI will continue improving to be more intuitive, interactive, pervasive, collaborative and process-driven.

7. BI will have a continuing growth in small and medium-sized companies.

8. The BI vendor consolidation happened in 2007, will cause more interest in open source BI.

9. The BI as a Service will continue to grow, because offers many benefits over the traditional BI vendors, like no required purchase of hardware, significant faster and lower cost in implementation.

10. The BI will be more integrated with Business Process Management (BPM) for analyzing historical process data and support decision business processes.

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