Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    predictive analytics risk management
    How Predictive Analytics Is Redefining Risk Management Across Industries
    7 Min Read
    data analytics and gold trading
    Data Analytics and the New Era of Gold Trading
    9 Min Read
    composable analytics
    How Composable Analytics Unlocks Modular Agility for Data Teams
    9 Min Read
    data mining to find the right poly bag makers
    Using Data Analytics to Choose the Best Poly Mailer Bags
    12 Min Read
    data analytics for pharmacy trends
    How Data Analytics Is Tracking Trends in the Pharmacy Industry
    5 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: The Brave New World of Business Intelligence
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > The Brave New World of Business Intelligence
Business Intelligence

The Brave New World of Business Intelligence

Tony Cosentino
Tony Cosentino
4 Min Read
SHARE

We recently completed our benchmark research on next-generation business intelligence. Ventana Research looks at next-generation BI as a function of traditional BI that is converging with new technologies such as mobility, collaboration and cloud computing. Just a few years ago business intelligence might have been considered a mature category with incremental growth, but now it’s growing in new directions and it’s difficult today to call business intelligence mature.

We recently completed our benchmark research on next-generation business intelligence. Ventana Research looks at next-generation BI as a function of traditional BI that is converging with new technologies such as mobility, collaboration and cloud computing. Just a few years ago business intelligence might have been considered a mature category with incremental growth, but now it’s growing in new directions and it’s difficult today to call business intelligence mature.

vr_ngbi_br_mobile_device_deploymentsOne of the reasons for the dramatic change in business intelligence is the impact of consumer technologies in the workplace. Our study shows that 53 percent of companies are currently deploying or plan to deploy tablet computers in their BI environments. This trend is driven by executives who have started to bring their devices to work and are asking for support – the so-called BYOD movement.

From the BYOD trend, it is apparent that ease-of-use and integration expectations are being led at the consumer level. Think about how easy it is to do things on an application like Yelp, where social, local and mobile technologies come together in real time to offer insights on our choice of restaurants.

More Read

Analytics Ascendant, Part 2: The Limits of Predictive Modeling
Keep calm, AI is not About to Make Marketers Obsolete
Tablet PCs: The Coming Revolution
Opportunities to meet me or hear me speak
AI Can Help with Secure Quality Assurance Testing

When we port these expectations into the business environment, however, the tools we have in place do not meet these expectations. In our study, only 28 percent say they are fully satisfied with mobile BI, and only 32 percent with collaborative BI. Furthermore, our maturity model shows that while the people and technology categories are mature, information and processes are immature and holding companies back with respect to next-generation BI. This makes sense, since people have the technology and are skilled at using it in consumer environments, but they lack integrated information in the workplace, as well as the processes they need to take advantage of next-generation BI capabilities. Until businesses can take advantage of the kind of integration available in the consumer environment, we will likely see the satisfaction with these technologies stay relatively low.

Unfortunately, we found no coalescence around any particular access method. Just under two-fifth of the study (38%) prefer business intelligence applications as the primary access method for collaborative BI, but 36 percent prefer access through office productivity tools, and 34 percent prefer access through applications themselves.

Clearly, next-generation business intelligence is extremelyvr_ngbi_br_collaboration_tool_access_preferences important and can provide real competitive advantages, but it is still a bit of a mine field. For this reason, we strongly encourage companies to look at their information environments, consider current role-based workflows, and develop solutions that fit as seamlessly as possible into their environments. The alternative – deploying next-generation BI in a horizontal manner without careful thought for how the technologies integrate with the surrounding people, process and information – is just asking for trouble.

Regards,

Tony Cosentino

VP and Research Director

 

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

street address database
Why Data-Driven Companies Rely on Accurate Street Address Databases
Big Data Exclusive
predictive analytics risk management
How Predictive Analytics Is Redefining Risk Management Across Industries
Analytics Exclusive Predictive Analytics
data analytics and gold trading
Data Analytics and the New Era of Gold Trading
Analytics Big Data Exclusive
student learning AI
Advanced Degrees Still Matter in an AI-Driven Job Market
Artificial Intelligence Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

How Vertical Integration Can Power Up Business Software
Software

How Vertical Integration Can Power Up Business Software

6 Min Read

First Look – Truviso

6 Min Read

Mobile and Decision Management [VIDEO]

1 Min Read

“While touring IBM’s Innovation lab at Lotusphere last…

1 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?