Making the Transition from Data to Decisions
We suggest a dozen best practices needed to move Business Intelligence (BI) software products into the next decade. While five “elephants” occupy the lion’s share of the market, the real innovation in BI appears to be coming from smaller companies. What is missing from BI today is the ability for business analysts to create their own models in an expressive way. Spreadsheet tools exposed this deficiency in BI a long time ago, but their inherent weakness in data quality, governance and collaboration make them a poor candidate to fill this need. BI is well-positioned to add these features, but must first shed its reliance on fixed-schema data warehouses and read-only reporting modes. Instead, it must provide businesspeople with the tools to quickly and fully develop their models for decision-making.