top 10 bi trends for 2014 deck

Top BI Trends for

2014

Introducing the Presenter

Tomer Paz, is a key leader at Panorama. He and his team continue to define the future of BI in the social enterprise framework.

Tomer holds a B.Sc. in Engineering and an MBA from Tel Aviv University.

About this webinar• Similar to previous years: BI is at the top

of everyone’s agenda• Is it the same Business Intelligence as in

2013?• Get ready for Panorama’s top 10 BI trends

to watch for

Underlying MovementsSocial & Contextual MobileBusiness Analytics

Cloud Memory costs Big data

Data sets of extreme volume and variety

The 4 “V”s• Volume – Exceed the regular physical

restrictions• Velocity - Decision window small

compared to data change rate• Variety – Many uncleansed formats

makes the integration difficult• Veracity – Different data types that

speak in different languages

BIG Data is:

The priorities countdown

10. The death of the report• Too much data• Static - requires an active analysis by the

user, to turn this data into information and insight

• Becoming less practical as a decision making tool

9. The internet of things

• Everything is a source of data• Increases the productivity and intelligence

of BI• Will foster new business opportunities

8. BI for devicesThe good old days with one type of device…

This diversity is here to stay

7. Users with ADHD

• Read the manual? (we are not in the 80s)• Use a help file? (we are not in the 90s)• Watch a training video? (wrong decade)

Users expect to be able to work with software: on their own, immediately, with no training.

Software must be intuitive enough to know what they need.

6. Modeling and data cleansing “on the go” • Dealing with Big Data’s Veracity and

Velocity• IT is no longer responsible for data’s

validity -users will do it as they use it• Too much new data• Too quickly• Lack of understanding

• Will require • New processes• Different QA

5. Velocity is King

• Your market is in “Accelerate” mode• Business analysis needs to go faster and

innovate more – not lag behind with historic data

• Real time become critical

4. Scientists Vs. Business People is resolved

Business people win• We are dealing with businesses not

universities

BI will become more business user oriented than ever

• Simple to use• Suggestive (Intelligence in the SW

analysis rather than the Analyst)

3. The power of many gets results • No man is an island - knowledge and

analysis are an accumulative process• Studies show that collaborative process get

better results• Make way for the Social Enterprise

2. Suggestive BIWe live in a suggestive world: facilitating “Personal Big Data”

• Amazon suggests books to us• Rotten Tomatoes suggests movies• Pandora suggests music• Facebook suggest conversations

Businesses need to operate in a suggestive mode too

Suggestive BI allows users to focus on what is important to them

• Real time• See the needle in the hay stack• Learns your needs

1. A new Language is needed

We are seeing a tectonic change in BI• Suggestive• Collaborative• Business user focused• Velocity (and volume, variety and

veracity)

Do you really think that tables and simple charts will still do the job?

1. A new Language is needed

FocusedVisual

ActionableSuggestive

CollaborativeVaried

TOP 10

1. New language for BI2. Suggestive BI3. The power of many gets results (democratization

of knowledge)4. The war of scientists vs. business people gets

resolved5. Velocity is king6. Modeling and data cleansing “on the go”7. Users get ADHD 8. BI for devices9. The internet of things10. The death of the report

tpaz@panorama.com

PanoramaSW

Name: Business Intelligence News

Panorama Software

www.panorama.com/industry-news

We can talk about it.