Reflective Learning Assignment

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NewTrendsinBI2.docx

Running Head: BUSINESS INTELLIGENCE 1

BUSINESS INTELLIGENCE 5

New Trends in Business Intelligence

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Business Intelligence is being adopted by more and more organizations across the globe as it is helping them with critical business decisions (Chambers & Dhiraj, 2016). Business intelligence systems have evolved in the past few years and helped businesses across industries to streamline their processes and business operations. My decision to work on BI and analytics was influenced by the fact every organization is turning to BI in acquiring as well as assessing information which is critical for decision making process.

BI is mostly used together with business analytics, which helps in getting the knowledge needed for making better business decisions as well as tactical moves. It is important that businesses keep themselves updated with the latest trends in BI, which, in turn, will help them to stay competitive and boost revenues. One surprising thing I found out on BI during my research is that in future it will be a necessity in any organization. Here are some of the current business intelligence trends to watch out for:

Automation of Tasks Will Flourish

It is predicted that by 2020, almost 40% of the data science tasks will be automated, which will enable organizations to boost productivity. As the importance and value of BI systems improve, the demand for data analysts and scientists will increase.

Natural Language Conversations Will Surge

BI system interfaces will evolve in such a way that even non-technical users will have the ability to ask natural language questions. Powered by machine learning, BI systems will be enabled to deeply understand the organization in a better way based on the data and the types of questions asked by the user.

Mobile BI Will Rule the Roost

With the popularity of smartphones surging across the globe, mobile BI systems will see massive developments (Sabherwal & Becerra, 2017). With the ability to access data from anywhere and at any time, mobile BI will allow users with quicker decision making and improve the efficiency of the organization. Another important trend in BI and BI analytics is the Internet of Things.

Agile Search Analytics

This is the most recent technology which found much help for most of the business organization by using this search analytics feature everyone can analyze their business easily even the non-technical person can analyze their enterprise and easily find their hidden parts of the business. The search analytics is nothing but a user can search their relevant data in a faster way using the search option. It is otherwise called as a new search engine for data which brings the exact data when you search it in the search box (Sabherwal & Becerra, 2017). The managers and business decision makers can easily able to find their relevant results without relying on others. The easy way to analyze your business and keep updated always to take the better decisions faster.

BI Things

Many business intelligence tools are changing and will change the business into the most successful one in the upcoming years. It will increasingly be embedded into various applications such as business sectors, healthcare, educational organization can easily benefit from this tool. These intelligent things are one of the latest technology trends of 2019 which are going to rule the IT sector. The BI things include the dashboard for business that gives all the business visualization at one place so that the users no need to switch on multiple screens to analyze their business that saves so much of effort and time. The voice analysis of the business is also been introduced by so many business concern to search their data in a hands-free way. This enables so many businesses to learn easily about their business without typing in the keyboards.

Reference

Chambers & Dhiraj. (2016). Big Data, Big Analytics: Emerging Business Intelligence and Analytic Trends for Today's Businesses. Hoboken, NJ: John Wiley & Sons.

Sabherwal & Becerra. (2017). Business Intelligence: Practices, Technologies, and Management. Hoboken, NJ: John Wiley & Sons.