Update on Top 6 BI Trends for 2012

8:48 pm Analyst Reports, Big Data, Big Data Analytics, Cloud BI

Late in 2011, Gartner came out with their top 6 predictions for business intelligence: BI in the Cloud, Mobile BI, Analytics, Agile BI, In-memory analytics, and Big Data. As we enter the final quarter, let’s take a look at how things are panning out.

BI in the Cloud

As Cloud computing continues to dominate the IT landscape, Gartner is predicting that cloud offerings will make up just 3 per cent of BI revenue by 2013. However, it is gaining ground and chipping away at on-premises BI, particularly in the Big Data Analytics space.
Decision makers are still questioning the Cloud as an operational tool. The initial move of data to the Cloud is a challenge, as is bandwidth and security. Many are favoring using Cloud of back up storage and archiving, and disaster recovery, but are still unsure of how well Cloud will support operational data activities.

Mobile BI

Forrester’s believe Mobile BI will go mainstream in 2012. Whilst I agree that mobile BI will continue to grow, the small device platform is suited only to a limited subset of business intelligence activities. There is still an issue around data security on caching data on mobile devices, which are readily lost or stolen. There are also processing power constraints, limiting any real value with analytics.
As a quick, on the go monitoring tool – great – but I am unconvinced that mobile devices will suit the escalating swell in analytics needs.

Analytics

The MIT Sloan Management report found that organizations using analytics are more than twice as likely to substantially outperform their competitive peers. Analytics is certainly the one to watch. As many companies are still struggling to publish dashboards on historical data – the technical needs around advanced analytics are still well beyond many organisations. This is certainly one for the Cloud – and watch out for a rapid explosion of Analytics as a Service offerings. Moving analytics closer to the data is a key strategy, and with Big Data better suited to the Cloud – it makes sense that analytics will follow.

Analytics has already taken off, it is now a matter of maturity towards optimization and prediction becoming integrated into business processes so that it is consumable as a decision management tool.

Agile BI

Agile is good with anything today. Methodologies are not getting a lot of focus as BI teams are getting swamped with requests for reports and dashboards that are better off being done locally, but business users. However, sadly too little attention has been given to training in using BI tools and in effective dashboard design. Before agile BI can really take hold, BI teams need to get more aligned with their real function – and pass publishing back to the business.

In-Memory Analytics

Memory continues to get cheaper by the day – and in-memory analytics tools such as Qlikview, Spofire and Tableau are helping users gain more insight into the power of simple data exploration. The real benefit, is that local data sets can be used, rather than relying on waiting for IT to import data into centralized data warehouses. This does cut out the data quality look – but for exploration purposes it’s a good start to helping businesses to expand their business intelligence portfolio.

Big Data

Forrester’s prediction that Big Data will move out of the silos and into enterprise IT may be right, but its not the best decision for many companies. With the rapid growth in the volume and variety of data it makes much more sense for Big Data to be in the Cloud. Corporates have enough to do without continually adding more servers and memory.

Big Data is certainly changing the business landscape – however, its maturity has yet to cross ‘The Chasm’ and corporate IT is better to wait until it has, and for their business users to get more savvy about how to use Big Data.

Leave a Comment

Your comment

You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.