We recently got our Business Intelligence experts together and did a survey on what we see as the key Business Intelligence Trends affecting the vast majority of industries in 2018.
Data Quantity Continues to IncreaseBusiness Intelligence Spending Projected to Increase
In 2011, the projected global spend on business intelligence was $11,000,000 (Eleven Billion Dollars), while in 2018, this number is projected to surpass $20,000,000 (Twenty Billion Dollars). This, despite years of sluggish economic growth.
Connected Devices Are Exploding in Number and Data Generation Capacity
Source: statistia
Of course, these trends are being driven by the continuing improvement of both hardware power and new analysis and statistical techniques. What are the key trends we see percolating through the business intelligence space and what should know and can you benefit from them?.
- Faster performance from continuing hardware and software improvement
- Higher performance business processes infused with information by design
- More accurate and relevant predictions by productizing analytics and statistics
To see our complete list of business intelligence trends, just click on this link and download the complete report.
Would love to hear what some of you out there in the BI space see as the Top Industry Trends.
