Business Intelligence (BI) Trends to look forward to in 2018
2017 saw the rise of Business Intelligence (BI) as one of the most rapidly growing areas of research. In fact, it won’t be wrong to say that the year was dominated with constantly evolving changes in the field of BI be it Analytics, Cloud Services, Data Science or any other variable related to the field.
Business Intelligence Trends:
As we approach the year end, we are here to discuss some of the future trends in BI that we think are going to dominate 2018. So, without wasting any time further, let us have a look at what the future of BI is going to look like in the coming year –
1. Data Visualization
The human brain processes visual information much faster than in any other form. This fact has laid down the foundation of visualization-driven analytics – which is going to be one the rise in the coming year.
In fact, Data visualization emerged as the most dominating trend in the year 2017 – as rated by professionals. Data scientists have started giving importance to visualization of the discovered data to make it more useful and easy to interpret. And, the future is going to be driven by visual data.
2. Predictive Analytics
As businesses start to become smart thanks to visual data, we are going to see Predictive Analytics becoming more of a necessity than an option. As they say – you don’t lay the foundation of future on what happened in the past – the past reactionary trends in reporting are surely going to be replaced by predictive analytics.
With the enormous potential that predictive analytics has shown in the recent years, we are definitely going to see the rise of future-driven decision making owing to factors like data visualization and predictive analytics.
3. Mobile Analytics
As the mobile and smartphone revolution goes one step further, we continue to see businesses making it an integral part of their growth strategy. This is the reason Mobile Analytics has become so important for businesses.
Therefore 2018 is going to be the year where BI moves beyond the desk. Businesses are looking for quick and easy access to analytics on the go – which gave birth to mobile analytics in the year 2015. And, in the coming year, we are definitely going to see mobile analytics becoming smarter, more visual and better than ever.
4. BI moving in-house
As businesses start to unearth the hidden potential behind BI, they start to make it an integral part of their growth strategies. As a result of this, more and more businesses have already started to build in-house teams for data discovery, analytics and more so that they are always under ultimate control.
And in the coming year, we are going to see the trend getting continued. As a matter of fact, in one of the surveys conducted by Gartner, it was found that more than 50% of the large organizations are going to employ advanced analytics in the year 2018.
It won’t be wrong to the say the future is going to be driven by advanced BI – after all, it can play a massive role in decision making.
If you want to make BI your asset, then Signity Solutions can be your partner in the same. Our team of experts knows what it takes to help a business make the most the constantly evolving trends in technology. Drop us an email at [email protected] to see what we can do for you.
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