Business Intelligence is going to forge new relationships which will change it forever, says a new report by Gartner
They make it sound like one of the Hollywood summer movies, don't they? You can imagine a voice-over saying, "And after that summer, BI was never the same again."
What does this actually mean? If you're going to the Gartner Business Intelligence Summit 2011 in London on 31 January, they're going to be talking about the four trends that will gradually change BI. Before your very eyes it morph from an IT-owned and report-centric discipline into something that everybody can use. Big organisations will have to think carefully about the type of BI and analytics they use, how they buy them and who from.
Why? The way that information feeds decision making is evolving.
In the future, it will change further, with more analysis being made by professionals receiving their BI on a mobile handset. Androids, Windows phones and Androids could become the new platforms for analytics. Today BI and analytics take place on the desktop. By the time the Olympics are being analysed, the reports and dashboards of BI will be on a mobile device.
The power of analytic applications is increasing as in-memory functions add scale and computational speed. This makes for more proactive, predictive and forecasting capabilities. It also paves the way for more sophisticated analytic functions. Consolidation will mean more emphasis will go on system integration rather than buying new software. As part of this trend we could see the combination of BI, collaboration and social software into decision-making environments.
Companies are already trying to piece together collaboration technology, social software and BI so they can create collaborative decision making environments. (Hang on, isn't that what meeting technology is about?)
"In the next 18 months, the momentum will grow as they start to more proactively manage, capture and optimise decision processes and outcomes to improve performance beyond the decision inputs such as BI," says the Gartner report.
We hope they make it sound a bit more exciting than that.
These collaborative decision environments will inspire major investment in new BI and analytic applications. Particularly if they can create a collaboration and or social networking function.
Gartner says a lot of vendors are getting involved in this challenge.
This was first published in January 2011