Over the past few years, big data has become the essential lifeblood of enterprises. Those that understood how to harness the power of this data by empowering business users found a competitive advantage and were able to innovate faster.
Where is Business Intelligence heading towards?
1.Modern BI becomes the new normal.
With trusted and scalable platforms, organizations are empowering even non-analysts to explore their enterprise data and collaborate with their findings. In 2017, modern BI will become the top priority for global enterprises, early-stage startups, and everything in between.
2. All data becomes relevant.
Over the coming year, BI will shift toward an environment in which people can explore data of all types, shapes, and sizes, and share insights to impact decision-making. They’ll be able to harness the power of data, no matter how many disparate data sources they have.
3.Analytics are everywhere, available through implemented BI.
Analytics works best when it’s a natural part of people’s workflow. Increasingly, businesses will put analytics where their people work, often in the context of another business application like Salesforce instead of in an app of its own. Analytics will become pervasive and the market will expect analytics to enrich every business process.
4. Big Data becomes Natural.
The window into data will start to feel even more natural, thanks in part to improvements in areas like natural language processing. Natural language interfaces are a new addition to the BI capabilities. They can make data, charts, and dashboards even more accessible by letting people interact with data using natural text and language.
5. Understanding Big Data becomes a fundamental skill of the future.
Data analytics will become a mandatory core competency for professionals of all types. Much like proficiency in Microsoft Word, Excel, and PowerPoint, competency in analytics will become a staple in the workplace. To meet this need, we’ll see analytics and data programs permeate higher education. In the workforce, people will expect intuitive BI platforms to drive decision-making at every level.Conclusion
Of course, the time has changed but what did not change even though we are now in the Digital Age is the amount of Data that is being produced.
Decades ago there were 1000s of folder archived in a bunker in the basement of a building and once in a while Information was extracted with lots of manual labor involved.
We have nowadays the luxury to make sense of all this accumulated data and not discard it a digital trash but use it as a valuable currency to give our company and employees a competitive advantage.
