Well 2010 saw not just a strong recovery for the I.T. sector, but some very healthy growth and, once again, Business Intelligence was right at the forefront.
So what can we expect to see in 2011?
BI Vendors and Industry Analysts are predicting all sorts of things for 2011 but they tend to look at the world based on technology announcements along with CIO and CEO interviews and surveys. Not that there is anything wrong with this, but the battle plan of the generals often tends to “miss the mark” in terms of the reality in the trenches.
So I thought I would take a stab at making my own predictions for 2011 for the world of Business Intelligence based on my own experiences both on the front line and as an observer in the general’s war room.
Prediction 1: Visual Dashboards will remain dominant as the BI User Interface of choice. They will expand beyond their traditional tactical and strategic usage and be seen more in operational BI applications as backend performance with in memory analytics and caching continues to improve. Tools like Xcelsius will increase their presence due to both their visual appeal and ease of use.
Prediction 2: Data Governance will be a priority as both large and mid-size companies are compelled to accurately consolidate and clean up their data for more relevant and precise business intelligence. Data quality, integration and master data management solutions will become mandatory in many organizations.
Prediction 3: The race for optimal mobile business intelligence solutions will get into full swing. With a plethora of new tablet devices and new BI mobile software products, I anticipate a year of experimentation and we will need to wait another year before the real market leaders are determined. Watch out for Roambi (http://www.roambi.com/) because they are definitely heading in the right direction.
Prediction 4: Relational database Data Marts and Warehouses will continue to be the BI repository of choice in 2011. OLAP cubes will remain a niche market and the new in memory databases are just too immature and too expensive to have a serious impact this year. There will probably be lots of hype but until this new technology is affordable to the masses, it will have minimal effect. Data Mart projects will continue to thrive in the small to medium enterprise space.
Prediction 5: Business Intelligence for Web and Social Media content will be hot and in demand. The need to perform BI against the predominantly unstructured data sources of the web has never been greater as more business and institutions both grow their web presence and web driven marketing. BI tools and solutions that can quickly analyze this data both quantitatively and qualitatively will see fast growth and adoption in 2011.
So there it is and now let’s see what happens.
Wishing you all a prosperous and healthy 2011 and may all your Business Intelligence dreams come true!