Business Intelligence Top Ten Trends

8/9/2019 Business Intelligence Top Ten Trends

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BUSINESS INTELLIGENCE

CODE 857 0310

Powe ing IntelligentBusiness P ocesses

BUSINESS INTELLIGENCE ANDDATA WAREHOUSINGT e Top 10 T ends



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BUSINESS INTELLIGENCE aND DaTa WarEhOUSING – ThE TOP 10 TrENDS



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B ck to Contents P ge P evious P ge Next P ge L st P ge| | |

CONTENTS

04 Introduction

08 Open Source BI – Open for business

05 Web 2.0 and BI – A web of intrigue

07 Ever increasing data volumes – Are you managing data or is it managing you?

09 Real-Time Business Intelligence – Business happens in real time

09 Data mining workbenches – It’s time to dig deep

08 SOA-Based Analytic Applications – Are you being served?

05 Information Management Platforms – Consolidating data

06 In-memory Analytics – Squeeze more performance out of your data

07 BI as a Service – Everyone’s got their heads in the cloud

06 Interactive Visualisation – See information in a whole new light

11 Wrap up




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T e m jo ity of t t ptitude boiled down to ving ccess to nd being ble to ct on c itic linfo m tion f ste t n nyone else. T e eby e lising competitive dv nt ge.

T t’s t e powe of Business Intelligence (BI). and w y it p ys to develop n pp op i te st tegyfocused on you business, not IT go ls. One t t is exible enoug to d pt to c nging t ends nddelive continuous v lue to end-use s.

Identifying t e t ends in D t W e ousing nd BI c n e lly set you business up fo continuedfutu e success. No c yst l b ll equi ed. Just n eye fo oppo tunity.

Introduction

T e e c n be no doubt t t t e business l ndsc pes c nged mo e in t e l st two ye s t n in t e l st

ten. Businesses w o not only su vived, but we e ble tot ive in t e unst ble economic clim te, w e e t ose

w o we e ble to identify nd ct on t ends.



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To Ten BI Trends

1. WEB 2.0 AND BI – A WEB Of INTRIGUE

T e int oduction nd doption of web 2.0 s me nt t t t e ow of info m tion is uninte uptible.C itic l d t is no longe only ccessible wit in t e fou w lls of n o g nis tion, but t e outside of it s well.

allowing use s to coll bo te. M ke info med decisions. and delive e l business g owt like nevebefo e.

WEB 2.0 AND BI, A pERfECT mATCHadopting Web 2.0 concepts wit BI pl tfo ms you’ e ble to collect, n lyse, ssign impo t nce to,

nd t en s e info m tion wit wide udience – t oug v iety of pplic tions.

Imp ove you bility to inte p et epo ts nd ve vi tu l discussions ound t em. Delive t eesult nt info m tion on time to key decision m ke s.

B inging mo e unt pped use s into t e loop c n only be mo e bene ci l. Knowledge is powe . andt t empowe ment in most inst nces t nsl tes to n imp oved bottom line.

2. INfORmATION mANAGEmENT pLATfORmS –CONSOLIDATING DATA

he d of info m tion ove lo d? D t is ente ing t e ente p ise t oug so m ny sou ces t tcollecting it, sto ing it nd c nnelling it to elev nt people – w en t ey need it nd ow t ey needit – is becoming c itic l.

DELIvERING INfORmATION Off A CENTRALISED pLATfORm

Wit uni ed Info m tion M n gement Pl tfo m you’ e ble to use d t qu lity, d t integ tion ndd t vi tu lis tion. T en combine it wit M ste D t M n gement to delive e l info m tion v lueto ll use s. Including custome s nd supplie s.

Enjoy t e gility necess y to speed up decision-m king. Simply p ovide t e ig t cle nsed d t ine l-time f om single loc tion. E ly in t e p ocess.




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3. INTERACTIvE vISUALISATION –SEE INfORmATION IN A WHOLE NEW LIGHT

W t’s t e use of ving info m tion t you nge tips, if it’s p esented in w y t t m kes it di cultfo end-use s to inte p et nd ct on? Simplifying you BI epo ting tools so t ey include e t m ps,geog p ic m ps nd ot e e sy to unde st nd visu ls, is t e w y fo w d.

TRADITIONAL REpORTING, THE NON -TRADITIONAL WAy

W y settle fo t ite b s nd pie c ts w en we c n elp you view nd use d t in w ole newnd mo e bene ci l w y? By simplifying t e delive y of info m tion, you b ing mo e use s into t enet. Empowe ing t em to cont ibute tow d e l c nge nd t e n nci l development of t eo g nis tion.

Use s e l e dy employing powe ful visu l ids suc s Google m ps o pplic tions on t eind eld devices s n info m tion oute m p. Let’s s ow you ow to inco po te t ose into you

BI p ocesses to delive supe io v lue.

4. IN -mEmORy ANALyTICS – SqUEEzE mORE pERfORmANCE OUT Of yOUR DATA

Getting t e most out of you d t depends on focussed BI initi tive. Coupled wit t e speed tw ic you c n ec ll info m tion nd dist ibute it to t ose w o depend on it to function to t e best of t ei bility.

ADD ANOTHER LAyER TO yOUR mEmORy BANk

reduced memo y costs e elping you sto e mo e d t . Useful, p ovided you’ve got In-memo yan lytics – ig speed BI pe fo m nce l ye – in you o g nis tion.

h ving it s p t of you BI pl tfo m me ns you’ e st e mlining you info m tion. So t e pe fo m nceof end-use s c n be imp oved wit out t em ving to c ll on old-f s ioned summ y t bles.

Suddenly esponse times e imp oved, t ose t sked to m n ge you d t b se e f ee to dd mo ev lue to t e business, nd use s e ble to se c fo info m tion t emselves.




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5. BI AS A SERvICE –EvERyONE’S GOT THEIR HEADS IN THE CLOUD

h ving ccess to info m tion 24/7, nyw e e, nd on ny device, s been m de e sie wit t eint oduction of Cloud BI tools. E se of use s lso me nt t t you IT dep tment is f eed up toconcent te on developing futu e p ocesses, to imp ove business p o t bility.

ImpROvE fUNCTIONALITy AND LOWER COST WITH SOfTWARE AS A SERvICE

Softw e s Se vice (S S) BI Tools e c nging t e w y we sto e, inte ct wit nd pplyinfo m tion to g in competitive dv nt ge.

E se of use is up. Cost pe use is down. and t e imp oved w ys in w ic info m tion is sto ed ndccessed me ns t t use s e ble to coll bo te nd s e ide s bette t n eve . We c n elp

you e lise t ose ide ls.

Integ ting t e tools so t ey don’t inte upt you cu ent ow of info m tion. Ensu ing t t t einfo m tion is p otected in secu e envi onment t ll times. P oviding mo e v lue by llowingyou to pull in ot e efe ence d t suc s dd ess d t b ses, indust y benc m ks nd indust ycl ssi c tions.

6. EvER INCREASING DATA vOLUmES – ARE yOU mANAGING DATA OR IS IT mANAGING yOU?

T e e’s no doubt we’ e living in t e info m tion ge. Em il is becoming t e p efe ed met od of business communic tion. So sto ing, et ieving nd delive ing m sses of info m tion, inst ntly, ispl cing eno mous st in on d t m n gement systems.

TAILOR mADE SOLUTIONS THAT HANDLE SpIRALLING DATA vOLUmES

To cope wit inc e sed p essu e on d t m n gement, some of t e l gest web pl ye s suc sGoogle, Y oo nd am zon ve t ken to building t ei own solutions to ndle inc e sing d tvolumes.

a nice solution, but one t t is p ob bly out of t e e c of ninety ve pe cent of ente p ises. W icis w y we believe t t t e solution lies in column o iented d t b ses. able to lo d just s f st s

ow o iented d t b ses, t ey’ e being combined wit MPP tec nology to p ovide mo e obust BIc itectu e.

Plus, t ei bility to comp ess d t , so you c n sto e mo e in you existing c ives, me ns you c neduce you c pit l expenditu e nd imp ove p o t bility.




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7. OpEN SOURCE BI – OpEN fOR BUSINESS

Used co ectly, BI s ould b ing m ny ppy etu ns on investment to t e business. Wit t eint oduction of open-sou ce business intelligence tools, you c n now e lly do mo e, fo less.

LICENCE TO BE THRILLED

Im gine being ble to pe fo m epo ting, d oc que ying nd online n lytic l p ocessing (OLaP)wit out ving to p y fo expensive licensing costs? rem in compli nt wit m ny Eu ope ncount ies t t f vou open sou ce solutions? and, m n ge l ge volumes of info m tion wit outtying up v lu ble esou ces?

Wit open-sou ce business intelligence, you c n do ll t t nd mo e. Integ te it se mlesslylongside ny ot e comme ci l closed-sou ce solution nd w tc it go to wo k. Pulling d t

toget e , p ocessing it, t en delive ing qu lity info m tion to end-use s. adding v lue ll t e w ylong t e c in.

8. SOA -BASED ANALyTIC AppLICATIONS – ARE yOU BEING SERvED?

how do you to st nd out in m ket w e e m ny o g nis tions e o e ing me too solutions? Youdon’t educe you p icing. You inc e se se vice delive y.

To ccomplis t t, you need to we ve BI into you ope tions using Se vice O ient teda c itectu e (SOa).

TAkE A DIffERENT BUT mORE ROUNDED AppROACH

M n gement p ocesses t t suppo t key business functions wit in you o g nis tion need to bewo king f st nd e ciently. T e w y to ccomplis t t is to se mlessly integ te t em wit ot eo g nis tion l p ocesses.

Wit BI pl tfo m built on Se vice O ient ted a c itectu e, you’ e ble to use co e tec nologies.Suc s eposito ies, p ocess nd n lytic l engines. T en un t em longside Web-b sedinf st uctu es suc s Web se vices nd untime pl tfo ms.

T t w y you’ e ble to n lyse mo e info m tion in s o te time f mes nd business p ocessesbecome f ste nd mo e ccu te. all bec use t e c nces of um n e o ve been emoved witinc e sed utom tion.



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9. REAL -TImE BUSINESS INTELLIGENCE – BUSINESS HAppENS IN REAL TImE

In t e p st, t e business l ndsc pe c nged week by week. Now it c nges ou by ou . St yingin touc wit nd e cting to m ket t ends depends not only on you use s ving elev ntinfo m tion t t ei nge tips. r t e lso on t e speed t w ic t ey eceive it.

SpEED THRILLS

alt oug you’ e not ble to p edict t e futu e, you still ve c nce to in uence its outcome wite l time BI.

Using Complex Event P ocessing nd p edictive n lytics, you’ e nding t t t e new nd imp ovedpplic tions m ke business m n gement mo e p ecise nd e o f ee. You’ e de ling wit t e in ux

of l ge sums of e l-time d t . and you’ e ble to p ocess nd delive c uci l info m tion to elev ntuse s in double quick time.

Speeding up decision-m king nd delive ing e l v lue b ck to t e business.

10. DATA mINING WORkBENCHES – IT’S TImE TO DIG DEEp

he d t e exp ession t e det il is in t e d t ? It ings t ue wit o g nis tions t ying to nd w ys touse info m tion to p edict futu e outcomes. O , explo e ow c nging p ocesses inte n lly will ectt e e ciency of t e business.

Knowing ow to mine you d t will elp f cilit te t t, especi lly if you’ e m king use of d t miningwo kbenc es.

mOvE Up fROm STANDARD ANALySIS TOOLS

Wit d t mining wo kbenc es you bility to unde st nd l ge b tc es of d t f om multiplesou ces is imp oved. So you’ e well pl ced to in uence t e outcome of w t it is you set out to

c ieve. all by ccu tely n lysing nd cting on info m tion f om sso ted d t sets.




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That’s a wra

T ends in D t W e ousing nd Business Intelligencee one t ing. h ving t e know ow to implement t e

p ocesses so t t t ey p ovide full v lue to t e business,is somet ing quite diffe ent.

Wit expe ienced consult nts we c n elp in uence positive business outcomes by sitting downwit you. Discussing you business c llenges nd t en using t t knowledge to develop se vicep ck ges t t include:

BI fra ewor ethodolog : T is p ctic l f mewo k cts s guide to elp you m ke t e ig tc oices w en it comes to t e nge of BI solutions, ig t fo you business.

BI Audit Ser ices : W t good is BI initi tive if you’ e un ble to me su e ow well it’s pe fo ming?T king you p ticul needs into conside tion we’ e ble to pply t e elev nt p ts of t is uditse vice to you BI initi tive.

COpyRIGHT STATEmENT

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