TOP 5 BUSINESS INTELLIGENCE TRENDS TO LOOK OUT

The IT industry and the world at large have always been subject to technology and business trends, sometimes undergoing major changes. Over the last few years, new trends have emerged that have had an enormous influence on how organizations work, interact, communicate, collaborate and protect themselves. Codec Networks, the centre of excellence provides Data Visualization Training Certification in Delhi | NCR.

Here are some of the top business intelligence trends to look out for in the upcoming time.

1. Data discovery made easy
Previously business leaders had to convey their data requests to an IT expert who would create a report. This could take days of waiting and requests could get lost in translation. By that time, the information may be no longer relevant.
Now, the ongoing simplification of BI will continue to enable everyday business people to easily and quickly access real-time analytics. You will no longer need to know how to write complex queries for reports but just need to know how to use a simple BI solution to drill down into the data and discover the answers to your questions. You can find out what is happening below the surface of your business and use this information to make better decisions. Big-Data Hadoop Training Certification in Delhi|NCR is available at Codec Networks which will provide you hands-on data analytics.

2. Visual analytics
Visual analysis is an important feature and is heavily sought-after by businesses. It is a more effective and efficient way of enabling decision makers to access and quickly act on data.
A good visual analytics feature will prompt you to look deeper into your data to continue discovering answers to questions that may arise along the way. Business intelligence dashboards should offer you the ability to drill down on any feature of the data you see and manipulate it as you like.
Ideally, you will also be able to customize your dashboard and sort by products, customers, sales representative, or anything else that is relevant to you. With the right dashboard, you will be able to quickly reveal sale opportunities or threats, which may otherwise have gone unnoticed. For Data Science Training Certification in Delhi | NCR contact Codec Networks

3. Self-service BI
Self-service BI is an important extension of the previous two trends. Essentially, self-service BI is when a staff member uses a BI solution to analyse live business data and build immediate, accurate, and customized visual reports without the need for clunky reports from IT specialists.
Gartner predicts that by the end of the year, most decision makers and business users will have access to self-service BI solutions to make better-informed decisions, and act on them more quickly.

4. Mobile BI
In today’s fast-paced business environment, decision makers across a business require access to critical information anywhere, anytime. This has largely been made easier with BI’s increased accessibility on mobile and the improving ability of smartphones to analyse more detailed information. This has invariably led to the rise of mobile business intelligence

5. Cloud BI
Traditionally, most BI software is hosted on-premise, but the increase in on-demand data access has led to the emergence of cloud BI. Cloud BI offers several advantages, including easy implementation, simplicity, mobile-friendly, scalability, low cost, competitive advantage. Gartner states that 80 percent of organizations are likely to increase their investment in cloud-based products in the years to come.
With a clear idea of the latest BI trends, business leaders will be better placed to uncover previously unseen opportunities and challenges and negate potential threats before they have a significant impact which will lead to better decision making and more efficient processes.