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10 BI Trends and Expectations for 2014
Each year, we reflect upon the business intelligence and enterprise information management industry and provide a review of the noteworthy trends that we encounter in the field. Our review emanates from five sources: our customers, industry conferences, articles, social media, and software vendors. This year has proved to be an interesting one, on many fronts. Here are our observations for 2013 and predicted trends for the remainder of 2014.
BI Predictions and Trends for 2013
I’ve been spending time recently looking ahead to 2013 and thinking about the new technologies and trends we can expect to see more of next year. Business intelligence (BI) has come a long way over the last several decades, transforming from a back office process to a technology utilized by every enterprise department. These sophisticated uses—such as relying upon BI tools to predict inventory before the holiday shopping season, or using the technology to analyze consumer sentiment before a significant product launch—are really the future of our industry, and I’m excited to play a part in the deployment.
5 Ways Business Intelligence and Online Marketing Can Work Together
When you really think about it, online marketing and business intelligence were born to work with each other. Both fields are built on utilizing data to make decisions in order to improve processes and optimize ROI (return on investment). However, for many companies, business intelligence continues to be an elusive concept that never quite finds its way to the top of the priority list.
Analytics trends to watch in 2013
Business Intelligence (BI) Trends Go Beyond Analytics
The IDC’s latest big data report contains several new observations on the big data market, which the research firm says grew by almost 15 percent in 2011. IDC found that warehousing software and apps were the two fastest growing segments in this industry, with business intelligence following suite just 0.1 percent behind applications.
Mobile Business Intelligence Puts Data on the Road
Decision making is not something that happens only in the back office or the boardroom. Decisions are made on the road, in warehouses, in client meetings and in airport lounges. The decision maker often needs only quick access to a few key metrics shown on a mobile device. This can reduce decision bottlenecks, increase business process performance and enable broader input into the decision at hand.
4 Business Intelligence Trends for Your Small Business
Businesses, marketers and decision-makers are becoming more data driven in an effort to decrease costs and increase profits. Marketers use data to target ideal audiences more accurately and efficiently. CFOs are using big data to predict trends that could affect the success of their business’s bottom line. Sales managers and teams use data to determine whether or not quotas are met and where are there is room for additional sales opportunities. Business intelligence, as a result of data, is becoming more prominent. There are four business intelligence trends small businesses need to be aware of moving forward in 2013.