The Future of BI

DOMO The Future of Business Intelligence Business intelligence (BI) is currently undergoing "arguably, the biggest shift in Bl adoption since the rise of enterprise-class Bl platforms during the late 1990s."* As a recent study from media firm Tech Target confirms, the traditional seat of power and feature set that have defined BI for decades are changing rapidly. *Gartner, The Consumerīzation of BI Drives Greater Adoption, June 2011 B Who Controls Business Intelligence? While many BI programs are still controlled by IT, other groups, either specialist groups or business departments, now manage almost 40%. 1% Marketing 63% IT departments 2% 12% Shared, IT and business Business applications 2% Other tech- related groups 6% Data services 6% Operations 4% 4% Other business- focused groups Finance At the moment, IT departments are still in the lead for handling business intelligence, but that is rapidly changing as more and more companies seek out better access to the information they need. This results in changes to the Bl solutions available, as BI companies seek to offer easier-to-use software and more user-friendly options. B How are BI Solutions Evolving? The power shift in business intelligence is also changing how BI 2010 solutions are developed and deployed. Scheduled, tabular reports 1223 2223 6768 565 4545 4523 and massive data warehousing 5 341 1233 projects - long staples of traditional BI - are giving way to mobile BI, dashboards and data visualization. Upcoming Business Intelligence Trends The adoption of business intelligence functionality that makes data more accessible to non-technical business users is expected to rise dramatically in the next year, underscoring the power shift in Bl. Data Visualization Integration 33% 68% Current Usage Projected 1-Year Dashboard Adoption 58% 91% Current Usage Projected 1-Year Mobile BI Integration 9% 48% Current Usage Projected 1-Year Embracing these trends will give companies a distinct advantage over organizations that employ only traditional, IT-centric approaches to BI. Presented By: Sources: http://tdwi.org/articles/2011/01/05/bi-increases-company-efficiency.aspx DOMO http://www.domo.com http://www.accenture.com/us-en/technology/systems-integration/information-management /business-intelligence/pages/index.aspx http://www.yellowfinbi.com/yfcommunitynews-defining-social-business-intelligence-100972 http://www.scienceforseo.com/opinion-mining/sentiment-analysis-in-text/ http://ac-support.europe.umuc.edu/-meinkej/inss690/nicholas/inss%20o690-data%20visualization%20paper.htm http://www.gartner.com/displaydocument?id=1712414