Self-service BI, SaaS, real-time analytics will dominate 2011 agenda
Search and discovery, social media analytics also to get more attention
Computerworld - Enterprises will increasingly look for opportunities to tap self-service business intelligence systems and SaaS-based BI offerings in 2011, analysts say.
Other items that are also likely to be high on the enterprise agenda include technologies that enable businesses to do more real-time analysis of large data volumes, social media analytics and mobile BI.
A lot of these trends are already under way, but they will gain strength throughout 2011, said James Kobielus, an analyst at Forrester Research.
Self-service BI
The move toward self-service BI, for instance, has been picking up steam and will gather further momentum in 2011, Kobielus said. Increasingly, enterprises will adopt new Web-based interactive querying and reporting tools that are designed to put more data analytics capabilities into the hands of end users, he said.
The tools will give end users the ability to quickly navigate through and visualize business data, and they will allow them to generate views and reports relevant to their job functions.
Numerous vendors, including IBM, SAP, Information Builders, Tibco Software, QlikTech and Tableau Software, already offer such tools, and adoption will accelerate as more companies try to deliver BI capabilities to nontechnical users, business analysts and others, he said.
Self-service BI tools "take the burden off IT and speed up the development of reports to a considerable degree," Kobielus said. They also make it easier for users to create personalized reports that reflect their needs better than the standardized reports developed using traditional BI approaches, he added.
SaaS BI
The increasing availability of BI tools provided on a software-as-a-service basis will also drive more self-service BI and enable wider adoption of BI usage in general, Kobielus said.
One example of a company that is taking advantage of SaaS BI is New York-based women's apparel maker Bernard Chaus Inc. The company is using a BI application to track the performance of its products at each of the high-end department store chains that sell them.
Every week, company executives sift through sales data from each department store to see how each of its SKUs are performing and determine which stores might be doing a better job of selling them. The data also is used to study which styles and designs are popular and are selling well.
That sort of analysis is vital said David Stiffman, chief operating and financial officer at Bernard Chaus. "Reading consumer response to certain styles helps influence what we will be designing in future," he said. "By analyzing and learning what sells we are able to make better decisions about what we will offer customers and how to encourage them to buy from our line."
Business Intelligence
- RSA brings big data analytics to security threat management
- Moving beyond Hadoop for big data needs
- Q&A: What's needed to get a big data job?
- SAS extends analytics support for unstructured data
- Time has come for chief analytics officers
- Big data brings big academic opportunities
- Finding the business value in big data is a big problem
- IT-centric enterprise BI models unsustainable, says Forrester
- For Univ. of Kentucky, SAP's HANA is 'disruptive'
- Enterprise BI models undergo radical transformation
- 12 iPhones Apps That Will Make You a Networking Star
- 10 Careers Robots Are Taking From You
- Big Data Gold Isn't Always Where You Would Expect It
- 6 Tips to Build Your Social Media Strategy
- A walking tour: 33 questions to ask about your company's security
- 15 social media scams
- The 7 elements of a successful security awareness program
- IT Certification Study Tips
- Register for this Computerworld Insider Study Tip guide and gain access to hundreds of premium content articles, cheat sheets, product reviews and more.
- When Application Performance is Better, Business Works Better Poor application performance can cost more than you think. In fact, Enterprise Management Associates reports that it can exceed $1 million per hour...
- The Practitioner's Guide to Data Profiling This paper considers the techniques used by data profiling tools, including reverse engineering, assessment for potential anomalies and validation of metadata and data...
- How to Effectively Realize Data Visualization Data visualization enables decision makers to understand what data really means. SAS Visual Analytics is a high-performance, in-memory solution for exploring massive amounts...
- Practical Fundamentals for Master Data Management Discover the early benefits that can be achieved by concentrating on simplifying and standardizing semantics, managing metadata and improving data quality as first...
- Live Webcast
Webinar: Create Competitive Advantage, Featuring Synchology - View Now!
- Webinar: Create Competitive Advantage, Featuring Synchology View Now!
- Software Asset Management - Program Considerations to Help Reduce Risk and Lower Costs SAM: A must have IT tool to help reduce costs and minimize business and legal risks. All Business Intelligence/Analytics White Papers | Webcasts
