2015 is knocking on the door and will be an exciting and surprising year for the BI industry. However, not everything will be a surprise for Panorama as we are always on top of the latest trends influencing the Business Intelligence community.
• What will the future hold for the industry?
• What are our BI experts thoughts, predictions and internal assessments on what new directions the Business Intelligence community will see in the coming year?
• Countdown of the most important trends in the industry
2. Introducing the Presenter
Tomer is a key leader in defining
the future of BI.
Tomer holds a B.Sc. in Engineering
and an MBA from Tel Aviv
University.
3. Cross-Industry Predictions
From the Gartner CIO 2015
report
BI is yet again the #1 item on
CIO’s minds
What it means for BI:
– More data (and new sources)
– More data types
– Intelligent analytics
4.
5. The Internet of Things - Now with More Things
Our world is producing significantly more data
– All computer based products produce data
– Everything is available on line
– Technologies that turn unstructured materials to investigatible
data
Oracle estimated that data was growing at a 40 percent compound
annual rate and would reach 45 zettabytes (ZB) by 2020
Organizations want to use this data to gain competitive advantages
– More data == better analysis
– Adding external data sources
– Monetizing the data. Moving beyond pure collection
This leads to a collection of data sets so large and complex that it
becomes difficult to process using on-hand database management
tool
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6. Automated Predictive Analysis
The problem
– I know what happened – but how will it affect me in the future
– So much data – so little time
– A change in the demographics changes the expectations
Users are looking for a Crystal Ball
The solution
– The "automated statistician“ for non-experts
– Predictive modeling - no more looking for pre-defined answers
– Use of data science for automated content generation
• Automated aggregations and classifications
• Find links and correlations
• Predict future trends
• What-if analysis
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7. BI Collaboration
No man is an island - knowledge and analysis are an accumulative
process
Studies show that collaborative processes get better results
Make way for the Social Enterprise
Users need to work together on the facts within the BI
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8. Big Data Servers Meet the Real World
1. DB Server
– Can’t handle the load
2. Enhanced DB Servers
– Accelerators (DB2 BLU Acceleration) and size extenders (Hanna and SQL servers)
– Cumbersome and expensive
3. Hadoop
– A complex assembly of different products
– Too slow for analytics
4. Specialized big data servers
– NoSQL
– Hadoop inspired (sometimes inside)
– Use case specific
– Search based indexes are a must (search and classification)
Speed will continue to be a hurdle for some time
Using the right amount of data will be a focus point
Bottom line – it is growth of commoditized technology stack
"In 2014, enterprises advanced their Big Data initiatives by converting plans into
working projects. In 2015, these businesses will know much more about Big Data, and
what it can and cannot do." (Mary Shacklett, TechRepublic)
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9. Agility
Where were we three years ago? Where will we be in
three years
How often do you need to add new sources of
information, new technology, new business lines
Our mindset needs to change – no more long term
project planning
Instead – Long term strategy. Agile implementation.
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10. What is “Mobile”?
Mobile is not about the form factor
– Just a technicality
– Assume all form factors – the users do…
Mobile is not about the device technology
– Windows phones, RIM
Mobile IS about
– Everything at your fingertips
– Anywhere, Anytime
– Disruptive work methods
In 2015
– More form factors (watches, all inch #s)
– Less focus on specific vendors
– For many – the new desktop
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11. Real time
Somewhere in a company not far away –
– CEO: “Can you find out XYZ”
– Robert: “Yes. I will analyze our data and give you the
answer. When do you need it?”
– CEO: “NOW would be good”
– Can you imagine any other answer?
Seventy-five percent of the respondents to Stratecast's 2014
Big Data and Analytics Survey either have already deployed a
real-time analytics solution or are planning to do so
To be relevant companies must deliver analytic insights when
needed, and the answer to the question "when?" is
becoming: "in real time.“
Examples: advertising, municipal parking, finance etc.
Can you imagine using batch reporting?
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12. Cloud gets traction (faster)
BI is one of the least cloudized IT markets
– Vendors love the cloud, but customers are not keen on it
– Good for cost cutting – mostly in small companies
So what will change in 2015 - vendors will offer new services
available only in the cloud
– Flexible pricing (usage, hourly, special campaigns)
– Rapid deployment of advanced technologies
– Server related services (mapping, advanced engines as services)
– Public data
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13. Democratization of Insights
Data IT DBA Modeling Analyst
So the person with the best understanding of the underlying information
about the data is furthest away from it!
“BI-Self Service Will Close The Business And Technology Gap In 2015” -
Borris Evelson Forrester
1. Managed BI self-service will continue to close the business and
technology gap
2. Data Wrangling will become a key feature in all leading BI platforms
Distance from the business user to the data MUST get reduced
– Business agility and speed
– Workload of IT
– Technology enablement
– Organizational flattening
The rise of the "automated BI" and self service
Business
User
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14. Visual BI is redefined
With so much data thrown at the user – tables and chart have
outlived their purpose
Users need to get information using their own terms
A new language BI is emerging
– Image-based business metrics
– Speak a “business language” with intuitive, contextual imagery (not just
graphs)
– linked to live data
– Dynamic and highly visual
– Context aware, within self service Dashboards
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16. 10 top BI trends for 2015 – by Panorama
1. Visual BI is redefined
2. Democratization of insights
3. Cloud gets traction (faster)
4. Real time
5. What is “Mobile”?
6. Agility
7. Big data servers meet the real world
8. BI Collaboration
9. Automated predictive analysis
10.The internet of things - Now with more things
17. Would you like to discuss this further?
ttpaz@panorama.com
Panorama Software
Or come to our web site
(www.panorama.com) and get the
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