The landscape for BI has changed over the years. Innovation in analytics and business intelligence (BI) is making good progress in the digital age. For companies looking to innovate and keep pace with BI understanding the key trends is extremely important. Here is a list of key trends that will reshape the future of the BI industry as what and how we perceive.
Self-Service Capability
The self-service capability of Business Intelligence software will continue to rise in 2020 as well. After all, decisions based on some data are better than decisions based on instincts and mere guesswork. This capability will also place the burden off from the IT staff and allow them to focus on other strategic tasks. In order for a business to compete with today’s data driven culture, it is imperative for all business users to have the ability to make decisions faster. The self-service BI model will allow them to do so. Further, this model will empower every business user to create their data by own, without the need to depend on an in-house team to get insightful reports.
More Demand for BI Consultants and Team
We see a striking rise of Tableau consultants so as to simplify the data and bring an end to data silos. Tableau helps to meet the business requirements and empowering businesses to gain valuable insight at the drop of a hat. Similarly, Tableau partners will also see a gradual shift in demand.
Story Telling with be the new norm
Business users will soon realize that dashboards interpret data for your business. Organizations need their data to be interpreted so they’re relying on Tableau software and partner for this.
Mobile BI the next big thing
Mobile BI just like the previous years will be the next big thing. We live in a multi-device world and how people will want to see information varies from each device. Tableau software is already thinking on the lines on making the experience seamless on mobile.
Cloud BI
Cloud is a mega trend that is set to revolutionize every aspect of your business. It has started to garner attention among businesses. This trend will also continue to rise in 2020 as it not only reduces cost but also saves time but in controlling data quality more easily.
Predictive Analytics
With more and more businesses making decisions on the data driven insights, the shift is now on predictive analytics. Now, businesses don’t want data to gain the in-moment data, they also want to predict the future.
While they are certainly many other BI trends such as the adoption of AI, data governance, and mobile BI, these are going to prevail more. In order to stay relevant, organizations will turn to BI systems with next-gen capabilities.