In-Memory Business Intelligence: Using Predictive Speed as a Competitive Advantage

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On January 15, Network Computing delivered a cover story entitled, “Next-Gen BI is Here”  In this article the author points out the components making up delivery of Next-Gen business intelligence.  These components include: predictive analysis, real-time monitoring, in-memory analysis, and the potential for the Software as a Service (SaaS) market as a delivery mechanism.  The author focuses on the speed aspect of business intelligence and how the business intelligence user community needs data more and more quickly as instantaneous responses are the new normal.  We’ve written many times in this blog about real-time business intelligence and latency as drivers for this year. This article does a good job detailing some of the benefits and pitfalls of approaching near real-time business intelligence and highlights user results.

Do you think about latency, real-time predictive analysis, and in-memory business intelligence?  What do you call this work internally?  Is it real-time business intelligence, predictive analysis, or something else?