Business Intelligence: The 6 Main Trends For 2020
Each type of company, in the normal exercise of its
activities, produces an important amount of data, which has long been unused.
In recent years, thanks to the new Business Intelligence
solutions, it has been understood how valuable it can be to know how to
transform that raw data into useful information for the company , thus
translating them into competitive advantages.
In order for all this to be possible it is necessary to be
able to collect data from different sources, to aggregate them in a rational
way and then to analyze them , so that we can make informed, strategic and
exact decisions .
Given the amount of data we are talking about, all this is
simply impossible without the aid of business intelligence and analysis
software that allows you to drastically reduce the difficulty of these
processes.
But what is the data that business intelligence software
analyzes? This is potentially data from any application : in the case of
Zucchetti systems, given their high degree of integration, it is possible to
automatically retrieve information from ERP software, CRM and staff management
solutions, just to do some examples.
The same business intelligence, to allow an increasingly
efficient analysis of data, is constantly evolving: here are the main trends
for 2020.
Business
Intelligence: what will change in 2020
More and more organizations will use Business Intelligence
platforms: it is estimated that the Business Intelligence market will continue
to grow at a compound annual rate of 26.98% until 2025, to reach an estimated
market value of almost 150 billion dollars;
Data quality management at the center of attention:
according to research by the Business Application Research Center, Data quality
management is conquering the first place among the priorities of companies,
overcoming other crucial issues such as Data Discovery, Data Governance,
Real-Time Analytics, Agile BI development, Mobile BI, Big Data Analytics and so
on.
Graph
Analytics tools development : to solve the most complex questions and
problems, Graph Analytics tools are being developed, able to effectively
explore data characterized by marked interrelationships.
Greater impact of Augmented Analytics : according to a
survey carried out by Gartner, in 2020 there will be a consistent growth of
Augmented Analytics tools, with an important impact on BI platforms.
Ever easier and more flexible Data Discovery and Data
Visualization processes : in response to the needs of companies, the latest
generation BI solutions are ready to offer ever more agile Data Discovery and
Data Visualization processes.
Predictive tools as standard : thanks to the development of Business Intelligence
platforms and the creation of increasingly intuitive predictive tools, the creation
of increasingly complex analytical models will not remain for a long time the
exclusive of data analysts.
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