Do you wish to benefit your business and know what business intelligence tools are in trend? This guide is just for you!

Artificial intelligence (AI)

AI has come a long way as it is the science of enabling machines to execute even the most complicated tasks with the aid of human reasoning. It is the present and future, expected to change society in a whole new way. The goal is to make human life easier and not replace human beings.

Predictive Analytics Tools

Business analytics majorly focuses on answering the question of what is expected to happen in the future. When predictive analytics is used, it forms the basis of analyzing the current situations and estimating what might occur in the future. The data is then used by businesses to enhance their performance and bring profits.

Data Automation

Data automation complements business intelligence! In the past few years, a large amount of data has been produced, stored and processed. Businesses can benefit from their data. Both growing as well as established companies are showing interest in automating their data assets. In 2021, many data science tasks will be automated. One needs to keep an eye on this trend!

Expansion of Integrated Systems

In established workflows, business intelligence applications may become increasingly embedded. Companies are increasing integration that will allow data analysis within the existing systems. BI applications are expected to expand with integration capabilities.

Mobile Business Intelligence

One of the top trends that are expected to gain momentum in 2021 is Mobile BI. Companies are already implementing and actively using mobile solutions and will continue to do so to take advantage of numerous benefits. It also assists organizations in accessing information in real-time and in a more flexible way.

Increased Passive Users of Data

Soon business intelligence will not require to be actively influenced by human users. The users can receive business intelligence passively instead of going to look for it. The goal is to bring relevant data and information to the people, eliminating the need for people going to look for it.

Data Security

Many people are working from home these days, making data security a major concern. Various privacy policies are put into place to manage users’ personal information. Therefore, now is a suitable time to invest in information security products.

SaaS BI

The future of business analytics is set to shape by performing analysis using accessible tools. For those who are working from home, companies have adopted SaaS BI to gain flexibility and allow access to data via cloud-based systems.

Collaborative BI

In a business environment, employees need to interact differently to perform various business activities. Collaborative BI combines different tools for easy accessibility. The data sharing system simplifies and automates the generation of reports.

Data Discovery

This tool brings business value. The demand is high as it leads an organization to increased data usage and gaining insights.