Today we hear different opinions about the future of business intelligence. In particular, Dave Wells believes that the most characteristic phenomena in the near future will be: Comprehensive BI-technology (Pervasive BI) – the increased use of business intelligence throughout the business community through the application of this technology among staff at different levels.
BI for masses – is extension of the range BI-opportunities that are available to small and medium businesses and small IT-departments. The major task – is availability.
Role-BI-technology – is analytical goals, focusing on the goals and the interests of concrete audience; indicators, metrics, tendencies, tools and evaluative panels, assigned for specific functions (study, marketing, sales, finance, etc.) and at business-level (strategic, tactical, and operational).
Exploratory intelligence – is interactive, investigative processes of detecting new relationships and phenomena, when every new question raises an additional one. Exploratory intelligence preaches the principle of “listen to the data” and search for the information in them.
Dynamic intelligence – is ensuring the rapid response to various situations that require analysis. It implies the ability to adapt quickly and effectively to changing circumstances in business matters and engineering.
None of these trends, of course, can materialize without supporting technologies. Now innovative companies offer the tools and methods that provide a new level of analytics.
An opinion of most experts is that in the near future BI-technology will undergo significant changes that will have a significant influence on all branches.
Simultaneous concentration on business intelligence, business analysts and business itself – is very crucial. Besides, the concept of business and decision making will alter. A reasonable analysis should replace intuition, common sense and usual view, as well as the wish to act “as usual.” But it will be possible only if the consumers are able to assess the potential of business intelligence and move to a new level of business intelligence. And then the business will actually be able to reflect, think, plan, forecast, solve problems, think abstractly, understand and use innovations and learn.
Business Intelligence is a very important and significant part of any business. That’s why it is little wonder practically all the enterprises try to automate reporting as much as possible. There are many solutions available today but one of the most popular ones is Crystal Reports.
Business intelligence is one of the process that makes your business important and gaining profit easily.It is the most popular technique that understand your requirement.
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