BI & Analytics Trends That Will Shape Oslo, 29 January 2019 Robert Tischler, Senior Analyst BARC Austria

Transcription

1 BI & Analytics Trends That Will Shape 2019 Oslo, 29 January 2019 Robert Tischler, Senior Analyst BARC Austria 2019 BARC 1

2 BARC and CXP: Experts for data-driven organizations BARC Expertise Products Know-how Europe s leading independent analyst company for Business software Digital transformation IT services Business intelligence Analytics Data management Data Science Big Data IoT Strategy Organization Architecture Software selection Use cases Coaching Reviews Consulting projects Research and empirical studies Product research Seminars and events Proven practices Vendor neutral 2

3 2,700 participants Wide coverage of Industries Company sizes Regions top-business-intelligence-trends 5

4 Top 6 BI and analytics trends worldwide Worldwide Northern Europe Source: BARC BI Trend Monitor 2019, n=2,679 Trends ranked from Not important at all (0) to Very important (10) 7

5 What is the most important goal of BI & analytics? 2019 BARC 9

6 Data-driven culture Informed decisions lead to better business results Knowledge to solve problems Informed decisions Understand From insight to action Trust 10

7 A data-driven culture for better decisions requires data literacy Gut-feeling 73% Evidence 27% Source: BARC Study 2017, Interactive Analytical Storytelling The Last Mile of Analytics Include all people Data literacy 12

8 Data discovery Data visualization Data-driven culture Data discovery and visualization for business-driven exploration Informed decisions Understand Trust 14

9 Data discovery and visualization for business-driven exploration Data Discovery Business userdriven Data Preparation Visual Analysis (visualization) Guided Advanced Analytics Machine learning 15

10 Data preparation Data discovery Data visualization Data-driven culture Data preparation fuels the insights pipeline Informed decisions Understand Trust 17

11 Data preparation fuels the insights pipeline Connect Clean Structure Enrich Publish Machine learning 18

12 Data preparation Data discovery Data visualization Self-service BI Data-driven culture Self-service BI is a must in modern BI and analytics solutions Informed decisions Understand Trust 20

13 Self-service BI is a must in modern BI and analytics solutions Integrated Silver-service (central) Self-service (decentral) Flexible and quick Demand is rising 21

14 Data preparation Data discovery Data visualization Self-service BI Data-driven culture Data governance Data governance as foundation for trust, quality and flexibility Informed decisions Understand Trust 23

15 Data governance as foundation for trust, quality and flexibility Standards Transparency Enterprise-wide 24

16 Data preparation Data discovery Data visualization Self-service BI Data-driven culture Data governance Master data Data quality High data quality and consistent master data are vital for BI Informed decisions Understand Trust 26

17 High data quality and consistent master data are vital for BI Correct data Rules Processes Roles Monitoring Combine and harmonize 27

18 Top 6 BI and analytics trends worldwide and in Northern Europe Worldwide Northern Europe Source: BARC BI Trend Monitor 2019, n=2,679 Trends ranked from Not important at all (0) to Very important (10) 29

19 Key take-aways: 5 areas for elevated BI and analytics efforts 2019 BARC 31

20 Data preparation Data discovery Data visualization Self-service BI Data-driven culture Data governance Master data Data quality Key take-aways: 5 areas for elevated BI and analytics efforts Informed decisions Collectively decide based on trusted facts Understand Trust Engage and empower more employees Provide business user friendly tools Establish standards for flexibility Employ machine learning everywhere to deliver better results 32

21 Let s continue the conversation 35