By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    AI analytics
    AI-Based Analytics Are Changing the Future of Credit Cards
    6 Min Read
    data overload showing data analytics
    How Does Next-Gen SIEM Prevent Data Overload For Security Analysts?
    8 Min Read
    hire a marketing agency with a background in data analytics
    5 Reasons to Hire a Marketing Agency that Knows Data Analytics
    7 Min Read
    predictive analytics for amazon pricing
    Using Predictive Analytics to Get the Best Deals on Amazon
    8 Min Read
    data science anayst
    Growing Demand for Data Science & Data Analyst Roles
    6 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: Fast Forward to 2014 — Gartner Predicts the Future of Business Intelligence and Data Analytics
Share
Notification Show More
Aa
SmartData CollectiveSmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > Fast Forward to 2014 — Gartner Predicts the Future of Business Intelligence and Data Analytics
Business Intelligence

Fast Forward to 2014 — Gartner Predicts the Future of Business Intelligence and Data Analytics

Brett Stupakevich
Last updated: 2011/02/01 at 12:55 PM
Brett Stupakevich
4 Min Read
SHARE

Business Intelligence Predictions photo (business intelligence)Neil Chandler, research director at Gartner, says that BI will be different in 2014 — and the transformation is already underway.

Business Intelligence Predictions photo (business intelligence)Neil Chandler, research director at Gartner, says that BI will be different in 2014 — and the transformation is already underway. Chandler says that the way we use information to make decisions is changing as BI and analytics become less an IT report-based capability and more of an information decision tool for end users. The Gartner announcement makes four predictions for business intelligence and data analytics in 2014.

  • Mobile: many more users and more specialized applications
    Gartner reminds us that end users simply want to access enterprise BI data so they can more effectively work with customers and suppliers, regardless of the device used. They believe that about a third of BI functionality in 2014 will be consumed by users with mobile devices. They also predict that mobile applications will evolve from being ports of existing applications to true mobile applications that allow users to perform specific analyses and accomplish specialized tasks. Gartner advises current BI professionals to have the same external focus on customers and suppliers as end users, and to partner with the marketing and supply chain functions to develop mobile applications that will help end users as they work with customers and suppliers.
  • Mainstream predictive analytics drives a need for faster processing
    According to Gartner analysts, almost a third of packaged BI applications in 2014 will integrate text and data analysis and modeling , complex business rules and predictive analytics into more standard, mainstream functionality. This additional capability will increase both the amount of data and complexity of calculations, driving a demand for more processing power to keep response times acceptable. As a result, in-memory processing and column-oriented databases will become much more prevalent to help meet the need for speed.
  • Spending shifts toward solution providers and integrators
    Gartner predicts BI spending will migrate toward solution providers, with about 40 percent of spending in 2014 going to service providers who integrate enterprise BI data with other external data sources and incorporate industry best practices and domain expertise. They advise BI professionals to look beyond functionality and architecture and to partner with end users when selecting a solution. The end users can help evaluate the solution as a whole by providing input on the expertise that the solution provider contributes to the solution.
  • Collaborative, social decision-making environments emerge
    Gartner believes that social software and the move to more collaborative decision-making is a cultural change, and should be treated as such. They predict that decision–making environments, which combine social networking, collaboration , BI and analytical tools (see Social BI), are beginning to emerge and will be adopted by some organizations in 2014. Gartner recommends finding a senior executive to champion the cultural evolution and help demonstrate the business impact of this new way of making decisions.

Subscribe to our blog to stay informed on various data analytics topics.

    Steve McDonnell
    Spotfire Blogging Team

Brett Stupakevich February 1, 2011
Share This Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

Data Ethics: Safeguarding Privacy and Ensuring Responsible Data Practices
Data Ethics: Safeguarding Privacy and Ensuring Responsible Data Practices
Best Practices Big Data Data Collection Data Management Privacy
data protection for SMEs
8 Crucial Tips to Help SMEs Guard Against Data Breaches
Data Management
How AI is Boosting the Customer Support Game
How AI is Boosting the Customer Support Game
Artificial Intelligence
AI analytics
AI-Based Analytics Are Changing the Future of Credit Cards
Analytics Artificial Intelligence Exclusive

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

How AI is Boosting the Customer Support Game
Artificial Intelligence

How AI is Boosting the Customer Support Game

6 Min Read
AI analytics
AnalyticsArtificial IntelligenceExclusive

AI-Based Analytics Are Changing the Future of Credit Cards

6 Min Read
ai-driven ERP software
Artificial Intelligence

Enterprises Are Leveraging the Benefits of AI-Driven ERPs

8 Min Read
AI in marketing
Artificial Intelligence

AI In Marketing: Is It Worth the Hype?

8 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 chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?