Organizations leverage business intelligence (BI) and analytics to solve business problems and improve operations
These software platforms convert data into actionable intelligence that arms companies with the information they need to make tactical and strategic business decisions
Today’s business environment is extremely complex – Data comes from an ever-growing number of sources, and it needs to be easily consumed by diverse business users — not just data analysts
Here are five predictions that will impact organizations in 2019
1 — Automation – by 2020 over 40% of data science tasks will be automated and performed by machines – driven largely due to an analytics skills shortage – there are not enough qualified analysts
2 — Storytelling – As organizations continue to consume vast amounts of data, users are demanding new solutions that help them interpret and contextualize data so they can make informed decisions with clarity – Storytelling creates an effective narrative – It can turn data into business actions
3 — Mobility – there will be high demand to serve customers and employees via their smartphones and tablets
4 — NLQ (Natural Language Queries) – With the ubiquity of mobile devices and the advances in speech recognition and voice-activated assistants like Alexa and Siri, there is a growing opportunity for NLQ interaction with company data and insights – text search interface will see the beginning of its end, being supplanted by NLQ, particularly as it pertains to mobility
5 — User Interfaces – For decades now, dashboards have been the go-to interface for data users to consume BI analytics – often with IT having to be an intermediary between users and their applications and services – moving forward, users will have much more direct / mobile access to data and insights on demand.