Learn the history of business intelligence in this three part series. In part one, we discussed how business intelligence software used to be (the past). In part two, we discuss business intelligence as it is in the present.

1. The present
of business
intelligence.
A radical change in the use
of business intelligence.

2. The
present.
CHAPTER 2

3. BI as it is.
THE PRESENT

4. Did you miss
something?
BEFORE WE START
If you missed the part
1 of this series, here is
a chance to catch it up
before you start part 2.
Click on the image on the
right to read the previous part:
.

5. The BI markets.
Global revenue in the business intelligence (BI) and
analytics market is forecast to reach USD $16.9 billion in 2016,
an increase of 5.2 percent from 2015, according to the latest
forecast from Gartner, Inc.
THE PRESENT
$5.7b $10.5b $16b $16.9b $26.9b
2005
2010
2016
2015
2020

6. “
THE PRESENT
The BI markets.
“The shift to
the modern BI
and analytics
platform has now
reached a tipping
point.”
Ian Bertram
managing vice president at Gartner

7. As analytics has become
increasingly strategic
to most businesses and
central to most business
roles, every business
is an analytics business,
every business process
is an analytics process
and every person is an
analytics user.
THE PRESENT
The BI markets.

8. Within the last five years,
there has been a shift
towards creating business
intelligence software that
offers simplicity and ease
of use for staff members
across a company.
In the process, a data driven executive, a
Sales Manager or the Head of Marketing
can start analyzing data in minutes.
THE PRESENT
BI for
anyone.

9. As more staff members
are making decisions
and making them
quickly, the business
benefits of using a
business intelligence
tool are higher.
Morestaff
can make
decisions.
THE PRESENT

10. morestaff can
make decisions.
THE PRESENT
‘Data discovery’ is the term
used to describe the act of
discovering opportunities
that are hidden in the data
held in company business
systems.
Data discovery is not just about reports
- it’s about following your train of thought
through all of your data including grids,
visualizations and dashboards.

11. Another shift in business
intelligence can be seen
in the rapid decrease in
cost.
Business intelligence software
is often significantly cheaper and it
is now likely to be on a subscription
base.
Lower
costs.
THE PRESENT

12. Lower costs.
THE PRESENT
Integrating a business
intelligence package no
longer requires the use
of expensive consultants
and often no hardware is
needed as BI is run in the
‘cloud’.

13. For those who worked on business intelligence projects
10-15 years ago, you may be used to complex projects with
long implementation times.
Fast forward to today and business intelligence projects are often department led instead
of IT led. As a result, BI software can be implemented and integrated with internal systems
quicker than ever before.
THE PRESENT
Lower
implementation
times.

14. On one hand, the shift away from IT
affordsmanybenefitsasstaffmembers
across a business can have access
to and generate their own reports.
THE PRESENT
Shifting
away
from IT.

15. On the other hand, this ‘ease of
access’ can create governance issues
as incorrect data may be used to
justify business decisions.
Shifting away
from IT.
THE PRESENT

16. THE PRESENT
The industry analyst Gartner
asserts there is a growing
concern regarding the benefits
of self-service reporting (time
and efficiency) as opposed to
IT driven reporting which has
governance measures in place.
Businesses will need to ensure they weigh up
the benefits of easy access to data as opposed
to implementing a governance structure
that protects the business from data leaks or
inaccurate reporting.
Shifting away from IT.
THE PRESENT

17. 2015.
THE BARC SURVEY

18. To explore the present state
of business intelligence
in more detail, we turn to
the industry analyst, BARC
Research.
Each year, BARC conducts the world’s
largest business intelligence user survey.
In 2015, there were 3,267 respondents to
their survey. According to BARC, when
purchasing a modern day business
intelligence solution, users are most after:
BARC.
THE PRESENT

19. What benefits to the
business can be gained
through business intelligence
software?
In this graph taken from BARC
BI 15, Phocas Software has
been ranked as the #1 visual
discovery vendor for ‘Business
Benefits’ by users of business
intelligence tools.
This includes vendors with a
higher market share including
Qlik and Tableau.
THE PRESENT
Business benefits – Top ranked
Peer group: mid-sized deployments (Americas)
Definedastheachievementlevelofavarietyofbusinessbenefits.
Phocas is #1 in business benefits.

20. As mentioned previously,
implementing a business
intelligence tool into your
organization can be costly and
take a significant period of time.
Users of BARC have ranked
Phocas in 1st position for ‘Project
Success’, indicating Phocas
implementations and projects are
usually on time and meet budget.
THE PRESENT
Project success – Top ranked
Peer group: mid-sized deployments (APAC)
Based on the implementation satisfaction level and the
frequency of projects completed on time and on budget.
Phocas is #1 in projectsuccess.

21. Phocas is #1 in implementersupport.
According to BARC, the
time it takes to implement
a business intelligence tool
into an organization has
significantly decreased yet
companies adopting a business
intelligence solution are still
seeking implementer support.
Implementer support measures user satisfaction with the
level of the implementer’s support for the product.
THE PRESENT
Implementer support – Top ranked
Peer group: mid-sized deployments (EMEA)

22. Other features
in demand.
THE PRESENT
FASTER
REPORTING
ACCURATE
REPORTING
DASHBOARDSAGILITY
How long it
takes to generate
a report.
Being able to
assess true and
factual data.
EASE
OF USE
A BI tool that is
simple to use
and easy to view/
generate reports.
A style of business
intelligence that
promises faster,
better results.
Dashboards can pull
real-time information
from a number of
sources and enable a
decision maker to
have a bird’s eye view
of business activity.

23. THE PRESENT
Other features
in demand.
Self-service:
Being able to access
data and generate
reports without
a technical or IT
background.

24. THE PRESENT
Other features
in demand.
Big data analytics:
is not just about volumes but
also the velocity and variety
of data.
Modern day professionals often want to
analyze and review multiple datasets from
internal tools such as an ERP or CRM as
well as data from outside sources such
as Census, social media and warehouse
systems.

25. THE PRESENT
Other features
in demand.
Project length:
Many businesses in need
of a business intelligence
solution do not have
large time or resources to
spend on a BI project.
As a result, there is an increasing
demand for a quick implementation.
In 2015, implementing a leading BI tool
such as Phocas into a business can be
done in a matter of days.

26. Visit our website:
www.phocassoftware.com
or contact us directly:
UK/Europe: +44 1865 364 103
Asia/Pacific: +61 2 6369 9900
North America: +1 877 387 4004
Email: marketing@phocassoftware.com
Get in touch.
CONTACT
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