Business Intelligence Predictions for 2009
In January, Jeff Kelly from SearchDataManagement.com gathered and posted various forecasts as to what awaits the Business Intelligence industry in 2009. The analysts and experts sharing their predictions were: Wayne Eckerson (Director of Research and Services for the Data Warehousing Institute), James G. Kobielus (Senior Analyst at Cambridge-based Forrester Research covering BI and data warehousing), and various analysts at Gartner.
A few of my highlights from the article.
Open-source BI will gain even more popularity with companies looking to reduce costs. In turn, open source BI tools will be developing rapidly and should win a greater portion of deals in 2009.
Software as a Service (SaaS) will flourish in the midmarket (too, thanks to the challenging economic situation), particularly, in companies that consider IT resources redundant.
For the same reason, hosted and subscription-based services will largely replace premises-based tools and platforms.
In a soft economy, any on-demand pay-as-you-go offering becomes more attractive across all customer segments. Just as important, the increasing scalability, performance, flexibility, and availability demands on the enterprise BI infrastructure are spurring many users to consider outsourced offerings.
Federated data environments will be adopted as the means to cure the problems with decentralized information scattered throughout the enterprise. IT organizations, in turn, will supplement their enterprise data warehouses by beefing up their enterprise information integration middleware and semantic virtualization layers.
Gartner, as always, is more number-oriented in its predictions: the company’s analysts expect that the lack of sufficient the information, processes and tools, along with under-investment in information infrastructure and business users’ tools will result in more than 35% of the top 5,000 global companies regularly failing to make insightful decisions about significant changes in their business and markets through 2012.
Another interesting estimation by Gartner is that by 2012, business units will control at least 40% of the total budget for BI, meaning that spending on CRM (corporate performance management), online marketing analytics, predictive analytics, and other packaged applications will only go up.
Finally, mashups. Easy and cost-effective as they are, mashups will go mainstream with BI-integrated tools leading the way.
“By 2012, one-third of analytic applications applied to business processes will be delivered through large-grained application mashups.”
Read the article for more.
What’s the state of BI?
Similar topics were discussed at the recent Gartner Business Intelligence Summit 2009 during March 9–11. According to Gartner, over 60% of organizations claim they have a BI strategy, but despite the many years experience most organizations have with BI, they aren’t doing better in addressing the fundamental challenges of BI.
Gartner estimates that no more than 20% of business users actually use BI proactively. This means that BI is not being widely used to manage performance. And advises that IT must look for means to align BI initiatives with corporate and business objectives. Saying about BI strategy, it underlines that it doesn’t mean just choosing which megavendors you will work with. You must keep in mind that the speed of technology change is increasing.
There are lots of technologies concidered as trends having a potential to disrupt the BI marketspace significantly. These include Web 2.0, interactive visualization, in-memory analytics, SaaS, and BI-integrated search.
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