Aug 17, 2013

SDG as niche players on the BI & PM arena has the duty of learning, reading and being at the top of innovation. Just a couple of months ago, I received a very interesting report from Forrester, “The future of BI”. I sincerely agree with the content of the document.

Basically explains that Business Users are demanding more control over BI applications, as IT is losing its once-exclusive control over BI platforms, tools and applications, as traditional BI approaches often fall short:

  • BI hasn’t fully empowered information workers who still largely depend on IT. This impacts on information workers who have no choice to make business decisions quickly and efficient.
  • Corporate BI platforms are not agile enough as are based on relational or multidimensional models with long resolution times.

BI trends for the future

  1. A purely standard-based approach for addressing business requirements is neither flexible nor agile enough to react or adapt ever-changing information requirements. Agile BI-tools like based in flexible in-memory models in addition to enterprise BI models is key trend for the future.
  2. Multiple BI tool strategy that has been spreading in the last 10 years is going to stay with us for the coming years.
  3. Information workers will demand more BI control to reduce the time between they make request and the fulfillment of that need.
  4. BI tools that support the right amount of users self-service will become popular, as the need of reducing time to respond business needs becomes critical.
  5. Mobility is key to succeed in BI becoming the new BI mantra. Information workers cannot wait to arrive to the office to make decisions. Real-time is important to achieve excellence at decision making.
  6. Cloud BI solutions remain immature, although interest in “as a service” solutions exists specially to reduce initial investment costand also to lessen the burden of internal IT standards and resources.
  7. BI-specific DBMS will gain popularity; response-time and flexibility of business requirements are key levers to become agile.
  8. Techniques and technologies that make handling data at extreme scales is becoming affordable, “big data” will move out from silos and getting into Enterprise IT.