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Business Intelligence in 2021

Published on 29th January 2021 by InterEx Group

Business Intelligence tools create vast opportunities for organisations to uncover new insights, efficiencies and innovations. 2021 will see BI technology evolving further as business leaders and BI professionals tackle a myriad of new challenges.

IT leaders weigh in on the key trends that will shape BI developments this year — here are two of their predictions:

BI will advance to a new stage: The amount of data being produced is expanding rapidly, with 2.5 quintillion bytes of data being created per day. As business intelligence leaders grapple with translating this explosion of complex data into actionable insights, there will be a demand for data translation tools that are both more advanced and easier to use. — Ramesh Panuganty, CEO of MachEye

Joining BI and AI: AI is a critical technology area that many enterprises are investing in, however, scaling AI practices needs to become more efficient and the ROI of implementing AI needs to be accelerated. Therefore, more businesses will begin asking BI team to develop and manage AI/ML models. — Ryohei Fujimaki, Ph.D., founder and CEO of dotData

Want to find out more about BI trends in 2021? Read the full article here.

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