10 Business Intelligence Trends for 2016
BI analysts, industry players predict the rise of self-service, Big Data analytics, real-time data in the coming year.
4. The Rise Of API Deployment
In 2016, companies move towards an even broader use of [software-as-a-service] SaaS apps to complement or replace enterprise applications and, as mobile apps continue to multiply, the need for APIs and cloud connectivity will grow, with an increased emphasis on better developer tools and productivity." -Mark Palmer, SVP of Event Processing and Integration at TIBCO Software Inc.
5. Data Is the New Water
"Data is everywhere and essential for businesses to live, grow, and thrive. In 2016, we will see the onset of 'wars' over access and usage rights over data, and monopolistic behavior from several companies seeking to restrict the ability of consumers and businesses to manage its free flow." -Paul Weiskopf, Senior Vice President of Corporate Development at Domo
6. IoT and Real-Time Data Science
"The Internet of Things [IoT] will create new opportunities for data visualization and real-time analysis. BI tools capable of delivering on data from connected devices will thrive, and advanced analytics will not just be for data scientists anymore. With [the R statistical programming language] and predictive capabilities becoming pervasive through data analysis and visualizations, the realm of machine learning will become accessible to a broader group of regular people." –James Phillips, Corporate Vice President of Microsoft's Business Applications, Platform, and Intelligence (BAPI)
7. Affordable BI For SMBs
"Big Data analytics will play a pivotal role in the way various departments in a business, particularly sales and marketing, function. We can already see companies investing in this area. With monthly, user-based BI pricing getting as low as $10, more SMBs will start using sophisticated BI tools instead of just relying on spreadsheets." -Raju Vegesna, Chief Evangelist at Zoho
8. Mobile Analytics Stands On Its Own
"Mobile analytics has grown up and moved out. It's no longer just an interface to legacy BI products. In 2015, products with a fluid, mobile-first experience began to emerge. Working with data out in the world is going from being a chore to becoming a dynamic part of the analytics process." –From Tableau's Top 10 Business Intelligence Trends for 2016
9. Analytics on Hadoop Will Become Reality
"2016 will be the year of big SQL when even the largest sets of data can be analyzed using SQL-based technology. In 2015 and prior, the talk was around Hadoop's cheap storage and infinite scalability while analytics remained in the realm of SQL-based systems. In 2016, the face of analytics will change as companies can finally have it all and leverage Hadoop's unparalleled power to run analytics directly in cluster thanks to the speed and flexibility of new SQL query engines like Spark and Presto." -Frank Bien, CEO of Looker
10. Tech Giants Escalate the BI War
2015 saw Amazon's QuickSight and IBM's Watson Analytics Service enter the BI market, along with major enhancements from Microsoft to its Power BI suite, including a recent Cortana integration. Oracle and SAP have been in the market for years, and will look to hit back against the newer players with significant investments in revamping their BI offerings. 2016 should also bring a major update from Google for its BigQuery BI platform, and who knows, maybe Apple will even enter the fray. -This one's just from us at PCMag
Author Bio:
Rob Marvin is the Assistant Editor of PCMag's Business section. He was previously an editor at SD Times covering software, managing social media, and writing narrative-driven features on any offbeat story or trend he could find. He graduated from Syracuse University's S.I. Newhouse School of Public Communications in 2013 with degrees in Magazine Journalism and Psychology.
Original Post
Related:
In 2016, companies move towards an even broader use of [software-as-a-service] SaaS apps to complement or replace enterprise applications and, as mobile apps continue to multiply, the need for APIs and cloud connectivity will grow, with an increased emphasis on better developer tools and productivity." -Mark Palmer, SVP of Event Processing and Integration at TIBCO Software Inc.
5. Data Is the New Water
"Data is everywhere and essential for businesses to live, grow, and thrive. In 2016, we will see the onset of 'wars' over access and usage rights over data, and monopolistic behavior from several companies seeking to restrict the ability of consumers and businesses to manage its free flow." -Paul Weiskopf, Senior Vice President of Corporate Development at Domo
6. IoT and Real-Time Data Science
"The Internet of Things [IoT] will create new opportunities for data visualization and real-time analysis. BI tools capable of delivering on data from connected devices will thrive, and advanced analytics will not just be for data scientists anymore. With [the R statistical programming language] and predictive capabilities becoming pervasive through data analysis and visualizations, the realm of machine learning will become accessible to a broader group of regular people." –James Phillips, Corporate Vice President of Microsoft's Business Applications, Platform, and Intelligence (BAPI)
7. Affordable BI For SMBs
"Big Data analytics will play a pivotal role in the way various departments in a business, particularly sales and marketing, function. We can already see companies investing in this area. With monthly, user-based BI pricing getting as low as $10, more SMBs will start using sophisticated BI tools instead of just relying on spreadsheets." -Raju Vegesna, Chief Evangelist at Zoho
8. Mobile Analytics Stands On Its Own
"Mobile analytics has grown up and moved out. It's no longer just an interface to legacy BI products. In 2015, products with a fluid, mobile-first experience began to emerge. Working with data out in the world is going from being a chore to becoming a dynamic part of the analytics process." –From Tableau's Top 10 Business Intelligence Trends for 2016
9. Analytics on Hadoop Will Become Reality
"2016 will be the year of big SQL when even the largest sets of data can be analyzed using SQL-based technology. In 2015 and prior, the talk was around Hadoop's cheap storage and infinite scalability while analytics remained in the realm of SQL-based systems. In 2016, the face of analytics will change as companies can finally have it all and leverage Hadoop's unparalleled power to run analytics directly in cluster thanks to the speed and flexibility of new SQL query engines like Spark and Presto." -Frank Bien, CEO of Looker
10. Tech Giants Escalate the BI War
2015 saw Amazon's QuickSight and IBM's Watson Analytics Service enter the BI market, along with major enhancements from Microsoft to its Power BI suite, including a recent Cortana integration. Oracle and SAP have been in the market for years, and will look to hit back against the newer players with significant investments in revamping their BI offerings. 2016 should also bring a major update from Google for its BigQuery BI platform, and who knows, maybe Apple will even enter the fray. -This one's just from us at PCMag
Author Bio:
Rob Marvin is the Assistant Editor of PCMag's Business section. He was previously an editor at SD Times covering software, managing social media, and writing narrative-driven features on any offbeat story or trend he could find. He graduated from Syracuse University's S.I. Newhouse School of Public Communications in 2013 with degrees in Magazine Journalism and Psychology.
Original Post
Related:
