Top 10 bi trends for 2014 deck

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Top 10 bi trends for 2014 deck

  1. 1. Top BI Trends for 2014
  2. 2. Introducing the Presenter Tomer Paz, is a key leader at Panorama. He and his team continue to define the future of BI in the social enterprise framework. Tomer holds a B.Sc. in Engineering and an MBA from Tel Aviv University.
  3. 3. About this webinar • • • Similar to previous years: BI is at the top of everyone’s agenda Is it the same Business Intelligence as in 2013? Get ready for Panorama’s top 10 BI trends to watch for
  4. 4. Underlying Movements Business Analytics Social & Contextual Mobile Cloud Memory costs Big data
  5. 5. BIG Data is: Data sets of extreme volume and variety • • • • The 4 “V”s Volume – Exceed the regular physical restrictions Velocity - Decision window small compared to data change rate Variety – Many uncleansed formats makes the integration difficult Veracity – Different data types that speak in different languages
  6. 6. The priorities countdown
  7. 7. 10. The death of the report • • • Too much data Static - requires an active analysis by the user, to turn this data into information and insight Becoming less practical as a decision making tool
  8. 8. 9. The internet of things • • • Everything is a source of data Increases the productivity and intelligence of BI Will foster new business opportunities
  9. 9. 8. BI for devices The good old days with one type of device… This diversity is here to stay
  10. 10. 7. Users with ADHD • • • Read the manual? (we are not in the 80s) Use a help file? (we are not in the 90s) Watch a training video? (wrong decade) Users expect to be able to work with software: on their own, immediately, with no training. Software must be intuitive enough to know what they need.
  11. 11. 6. Modeling and data cleansing “on the go” • • • Dealing with Big Data’s Veracity and Velocity IT is no longer responsible for data’s validity users will do it as they use it • Too much new data • Too quickly • Lack of understanding Will require • New processes • Different QA
  12. 12. 5. Velocity is King • • • Your market is in “Accelerate” mode Business analysis needs to go faster and innovate more – not lag behind with historic data Real time become critical
  13. 13. 4. Scientists Vs. Business People is resolved Business people win • We are dealing with businesses not universities BI will become more business user oriented than ever • Simple to use • Suggestive (Intelligence in the SW analysis rather than the Analyst)
  14. 14. 3. The power of many gets results • • • No man is an island - knowledge and analysis are an accumulative process Studies show that collaborative process get better results Make way for the Social Enterprise
  15. 15. 2. Suggestive BI We live in a suggestive world: facilitating “Personal Big Data” • • • • Amazon suggests books to us Rotten Tomatoes suggests movies Pandora suggests music Facebook suggest conversations Businesses need to operate in a suggestive mode too Suggestive BI allows users to focus on what is important to them • • • Real time See the needle in the hay stack Learns your needs
  16. 16. 1. A new Language is needed We are seeing a tectonic change in BI • Suggestive • Collaborative • Business user focused • Velocity (and volume, variety and veracity) Do you really think that tables and simple charts will still do the job?
  17. 17. 1. A new Language is needed Focused Visual Actionable Suggestive Collaborative Varied
  18. 18. TOP 10 New language for BI 2. Suggestive BI 3. The power of many gets results (democratization of knowledge) 4. The war of scientists vs. business people gets resolved 5. Velocity is king 6. Modeling and data cleansing “on the go” 7. Users get ADHD 8. BI for devices 9. The internet of things 10. The death of the report 1.
  19. 19. We can talk about it. tpaz@panorama.com PanoramaSW Name: Business Intelligence News Panorama Software www.panorama.com/industry-news

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