Business intelligence “came into its own” in 2014. Relying on cloud computing and making business intelligence data available on the mobile platform were probably the biggest innovations of the year.
Following is a review of the most significant changes to the world of business intelligence that occurred in 2014 and some predictions for 2015.
Business Intelligence Became More Accessible
Business intelligence became more accessible in more than one sense. A large number of business intelligence solutions made their services available on a mobile platform, making data accessible regardless of a user's physical location. Business intelligence also became more accessible in a different sense with the use of visual data and visual process flows. These help users gain a more intuitive understanding of numbers and trends; in addition, visual data makes business analytics more accessible to a wider number of employees.
Business Intelligence Became Larger
The size of this sector has increased due to a larger demand from business owners who have realized that a strong knowledge of business metrics gives them a true advantage, particularly over competitors that haven’t started using business intelligence. The size of business intelligence also grew with the popularity of cloud integration, making business analytics easily accessible for a wide network of employees and facilitating collaborations on a large scale. Lastly, the span of business intelligence increased with the need to address several aspects of business operations, including supply management, production, distribution, sales, and marketing.
Top Trends For 2015
The business intelligence sector should continue growing at a steady pace, as businesses that already rely on these tools are getting better results and competitors will need to start tracking business metrics to keep up. Although a lot of business intelligence solutions include data visualization, it is likely that an increasing number of data specialists will be hired in order to make full use of the data. Cloud-based solutions and making data available on mobile platforms are two trends that will remain strong – and continue to grow – throughout 2015.
A good business intelligence system is a must-have for 2015. You should contact us at Oates & Company if you didn’t take advantage of the available business intelligence solutions in 2014 – we’ll help you bring in 2015 with all the tools you need.
Want to read more blogs we wrote about business intelligence in 2014? Check out the following links:
What is Business Intelligence?
Do You Have Business Intelligence?
The Hottest Business Intelligence Tools
