Don’t just take my word for it . . .thanks to Information Week for making business intelligence its Aug 31 cover story. The headline “The New BI Is (Finally) Here” and thorough coverage by Doug Henschen outlines four technology trends that are changing the game.
Today’s management and tech tools are so well-aligned that data mining, business intelligence, visualization, analytics and other tools are trusted, tested and able to deliver predictive analyses. People can — and do — rely on data-driven triggers for time-sensitive action rather than just sifting data and generating reports. Thanks to parallel processing, semantic technology, and in-memory applications we can plan crucial decisions based on analytics rather than wait for reaction long after facts are gathered.
Like most apps, BI is moving to the Internet cloud, with “software as a service” in the industry’s future. TIBCO/Spotfire gets some recognition for its in-memory tools that can analyze data without having to retune databases and queries. And companies including UPS, Sara Lee and Chrysler offer real-world stories of how they are using data to spot trends and either take corrective action or capitalize quickly.
The charts on how companies plan to use BI and analytics is worth the cover price and offers a forward-leaning glimpse into where corporate users are deriving the most value from BI and analytics in diverse areas from portfolio risk assessment to up-to-the-minute manufacturing reports.
Spotfire Blogging Team