The power of data analysis, a game-changer in the evolution of the decision-making process, is transforming organizations and industries while continuously helping them to achieve new and to-the-point decisions.
Highly subjective business decisions such as employee recruitment or product branding are increasingly data-driven, and operational decisions such as logistics best practices planning or customer risk analysis are being decided using more sophisticated analysis that results in becoming more adaptive to user needs.
Business Intelligence platforms evolve to put data where people want to take action.
Data analysts need their data and actions in the same place and should be able to stay in the context of their business processes and workflows. Business intelligence platforms are meeting this need by merging with core business operations, workflows, and processes through capabilities like mobile analytics, embedded analytics, dashboard extensions (also known as add-ins), and APIs. As a result, actionable analytics are expediting the decision-making process for both technical and non-technical roles.
In 2019, Advanced Analytics capabilities with minimal manual efforts will remain the hallmark of all competitive Business Intelligence solutions.
The Business Application Research Center (BARC) 2018 Business Intelligence Survey indicates that the global BI solutions market is slated for significant technological changes.
As the years go by, the evolution of BI will constantly be increasing, and analytics will be even more, part of our everyday life.