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What Do You Think Will be the Biggest Trend or Development for BI in 2010?

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We ran this question for BPM with great results, and am quite interested in what the responses will be for BI: What do you think will be the biggest trend or development for BI in 2010?

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  • I think that Content Analytics will grow up. We store more and more content but it is still impossible to know what, when, why, etc. CA will allow us to have a clearer vision and to decommission a large amount of unused content.

  • Biggest Trends will be in CEP/Event Processing, analytics, and MDM.
    Event Processing/CEP will be tightly integrated with existing reporting and visualization BI dashboards, and we will see a trend where many BI vendors will build an events processing engine or acquire one. Analytics will be widely used across the enterprises to make strategic business decisions. MDM (Master Data Management) with a focus on data quality will be #1 priority for all C level executives.

  • In 2010 we will see some fantastic realizations of BI data Visualization like we have seen in the movie Minority Report. Hand gestures recognition, higher processing speeds and the need for such visualization will finally make it happen with some vendor finally!

  • Good timing on this question because I'm just about to publish my 2010 Predictions. Here's a summary of just two . . .

    1. BI + BPM = intelligent processes for the enterprise. This combination has been talked about for some time, but more use-cases will become reality in 2010. Check out HandySoft and their work with the Nuclear Regulatory Commission as one example.

    2. BI + Collaboration = faster, better decisions in any organization. This one's also been talked about for a while. But, the difference in 2010: we'll recognize that collaboration is at the center of the user's world and BI is just a part of it. Therefore, BI platforms will move beyond simple annotation/mark-up and workflow rules to participate in full-blown, web services-based collaboration systems (like Google Wave). This combination will create a new level of productivity as data drives more collaborative decision-making.

    Watch my blog for more predictions (Blogspot: The Open Book on BI).

    Brian Gentile
    CEO, Jaspersoft

  • Live analytics will become more popular. Web sites, financials, service, industrials; just about every business has something to be gained by understanding what is happening live in their domains. The amount of data arriving to be analyzed will continue to grow making this all the more challenging. I believe this thought supports both Prakash's and Nari's viewpoints.

  • Read the full blog entry here:

    http://www.enterpriseirregulars.com/5706/the-top-10-trends-for-2010-in-analytics-business-intelligence-and-performance-management/

    In the wake of the long-running massive industry consolidation in the Enterprise Software industry that reached its zenith with the acquisitions of Business Intelligence market leaders Hyperion, Cognos, and Business Objects in 2007, one could certainly have been forgiven for being less than optimistic about the prospects of innovation in the Analytics, Business Intelligence, and Performance Management markets. This is especially true given the dozens of innovative companies that each of these large best of breed vendors themselves had acquired before being acquired in turn. While the pace of innovation has slowed to a crawl as the large vendors are midway through digesting the former best of breed market leaders, thankfully for the health of the industry, nothing could be further from the truth in the market overall. This market has in fact shown itself to be very vibrant, with a resurgence of innovative offerings springing up in the wake of the fall of the largest best of breed vendors.

    So what are the trends and where do I see the industry evolving to? Few of these are mutually exclusive, but in order to provide some categorization to the discussion, they have been broken down as follows:

    1. We will witness the emergence of packaged strategy-driven execution applications.
    2. The holy grail of the predictive, real-time enterprise will start to deliver on its promises.
    3. The industry will put reporting and slice-and-dice capabilities in their appropriate places and return to its decision-centric roots with a healthy dose of Web 2.0 style collaboration.
    4. Performance, risk, and compliance management will continue to become unified in a process-based framework and make the leap out of the CFO’s office.
    5. SaaS / Cloud BI Tools will steal significant revenue from on-premise vendors but also fight for limited oxygen amongst themselves.
    6. The undeniable arrival of the era of big data will lead to further proliferation in data management alternatives.
    7. Advanced Visualization will continue to increase in depth and relevance to broader audiences.
    8. Open Source offerings will continue to make in-roads against on-premise offerings.
    9. Data Quality, Data Integration, and Data Virtualization will merge with Master Data Management to form a unified Information Management Platform for structured and unstructured data.
    10. Excel will continue to provide the dominant paradigm for end-user BI consumption.

    Read the full blog entry here:

    http://www.enterpriseirregulars.com/5706/the-top-10-trends-for-2010-in-analytics-business-intelligence-and-performance-management/

  • A recent survey based on 183 BI professionals attending TDWI’s World Conference in November and published by Wayne Eckerson Director; TDWI Research reported that “13% of respondents said “some? of their BI solution runs in the cloud today and 85% said “none? runs in the cloud. But in three years, these percentages change pretty dramatically. 46% said that at least some of their BI solution would run in the cloud in three years and 47% said “none? would. So that’s a pretty dramatic uptake…? That’s a trend.

    http://www.tdwi.org/display.aspx?id=9609

    Not surprisingly, this is a continuance of the trend of tighter IT budget scrutiny that the BI community experienced in 2009. The days of the "blank check" and “build it and they will come" are gone. We will see continued investment in foundational technologies, but each investment will be held to a higher standard of return on investment criteria with a shorter time to value horizon. BI investments will have to demonstrate direct impact on improved revenue generation, or reduced costs and operational efficiencies or as a direct response to reporting compliance needs. In this regard, Cloud and SaaS computing models will continue to grow significantly faster when compared to traditional on premise approaches due mainly to their overall lower cost of deployment and time to value.

  • Here are few trends that will emerge in 2010:

    • Adding more of predictive analytics capabilities to BI will hold a lot of traction. A substantial number of users will expect their BI solutions to predict the future by analyzing past information and trends.

    • Hosted BI or BI as a service (SaaS BI) is another area which will generate a lot of interest. Organizations will move away from hosting and maintaining their own onsite BI set-up and preferably, will seek a provider who will satisfy their BI needs by hosting and analyzing their data.

    • Operational BI will gain a lot of prominence as a considerable number of business users would require actionable, real-time information in their day-to-day activities.

    • Collaborative BI is another area where users would like to discuss and take collective decisions rather than contemplate stand alone decisions.

    • Currently, there is a steady increase in players that offer advanced visualizations and mash-ups; this trend shall continue.

  • Great responses so far. Here are my thoughts:

    1. Cost
    Agree with Dyke Hensen that "the days of the 'blank check' and 'build it and they will come' are gone." At an enterprise IT level, I think BI will be a hot area for 2010 despite a continuation of cautious spending. However, companies will take a harder look at solutions and which bells and whistles they really need. BI will be big, but the budgets won't be.

    2. Data Visualization
    I don't think we'll reach Minority Report capabilities as Nari Kannan suggests, but data visualization will definitely be an area of increased development and investment in 2010. Everybody wants a fancy dashboard, but too many projects fail due to lack of vision into KPIs and data integration/acquisition issues. There's a need for a way around these challenges.

    3. Compliance
    Even as the economy recovers, there is increased scrutiny on the veracity of numbers. Companies will look for ways to eliminate the time-intensive process of confirming data accuracy and integrity.

    4. “Point Solution? BI
    For all the talk of enterprise BI, one size does not fit all. Lines of business and departments will expand the purchase and use of low cost, easy to implement BI solutions to solve problems whose ROI or immediacy aren’t commensurate with the complexity, expense and long lead times of working with the official corporate BI solution and central IT.

    Finally, a note to those who have predicted a rise in SaaS or hosted BI. Yes, there's a great deal of interest in these kind of solutions, but I see it as a symptom of a trend rather than a trend itself. People are attracted to these solutions because of the underlying need for more affordable BI (see #1). While these solutions can be useful in very specific cases (e.g. putting BI on top of an already outsourced application), there is a great deal of risk involved in putting data outside the firewall, and data access/integration remains a major challenge. The interest and buzz is there because of the trend toward more economical solutions, but people will realize that SaaS BI is not the only way to save time and money.

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