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Trends in BI and Analytics

Quite a few trends are shaping up this segment. Firstly mobility will be an important trend in the BI space. It is expected that business ownership will increase with growth of mobility in the BI space. According to Rajesh Varrier, CEO of activecubes, One of the key trends in business intelligence and analytics is the realization among organizations that BI and Analytics are 2 sides of the same coin. Another aspect is that India is a growth market, here companies are really busy growing 20-30% every year, the organizational energies are lot more focused in that direction. Hence for many organizations putting the right BI in place is still not on top priority.

Agrees Zubin Dowlaty, head of innovation & development, Mu Sigma, Key trends that are happening in BI space include dashboards evolving into cockpits, rise of agile self service, real-time analytics, open source maturity, pervasive analytics where operational smart systems are back propagating, improved data visualization, and business intelligence through mobile.

According to Maneesh Sharma, head, business analytics and technology, SAP India, Advanced analytics will be another trend that will play a key enabler in turning data into insight and this will accelerate as organizations strive to move from running BI point solutions to being a comprehensive analytics competitor. The market in India is expanding on account of increasing IT adoption across industry verticals, increasing competition and globalization. Indian enterprises are adopting these solutions in an effort to overcome the challenges of competition and globalization and to pave the way for increased revenue growth and profitability.

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