Business Intelligence: Top 10 BI Trends for 2020
It’s that time of year again where analysts and experts forecast the top BI trends for the upcoming year. So, what are the top Business Intelligence trends for 2020? Here’s a look at the top 10:
1. Self-Service Business Intelligence
Self-service BI is often cited as one of the key benefits of a BI platform. It allows users to access and analyze data without having to rely on IT or other data experts. This means that users can get the answers they need faster, without having to wait for someone else to run a report or query for them.
2. Data Visualization
Data visualization is a key part of any BI platform. It allows users to see data in a variety of different ways, such as charts, graphs, and maps. This can help users to understand data better and make better decisions.
3. Data Discovery
Data discovery is another key BI trend. It allows users to find and analyze data that they may not have been able to find using traditional methods. This can be a valuable tool for uncovering hidden insights.
4. Mobile BI
Mobile BI is another growing trend. This allows users to access BI platforms and reports using their mobile devices. This is convenient for users who are always on the go and need to be able to access their data quickly and easily.
5. Collaborative BI
Collaborative BI is another trend that is becoming more popular. This allows users to work together on BI projects, such as creating reports or analyzing data. This can be a valuable way to get more insights from data.
6. Predictive Analytics
Predictive analytics is a type of analytics that uses historical data to predict future outcomes. This can be a valuable tool for businesses to use to make better decisions.
7. Cloud-Based BI
Cloud-based BI is another growing trend. This allows businesses to host their BI platforms and data in the cloud. This can be a convenient and cost-effective way to store and access data.
8. Social Media Analytics
Social media analytics is a type of BI that uses social media data to help businesses make better decisions. This can be a valuable way to understand what customers are saying about a business and to make decisions accordingly.
9. Big Data Analytics
Big data analytics is a type of BI that uses large data sets to help businesses make better decisions. This can be a valuable way to make decisions about a variety of different topics.
10. Artificial Intelligence
Artificial intelligence is a type of BI that uses machine learning to help businesses make better decisions. This can be a valuable way to make decisions about a variety of different topics.