A new year is often a new start where we promise ourselves to do better this year. It is also the season for predictions and you have probably already read some of these. However, most of these predictions address only megatrends applicable to most countries. So I will focus on BI predictions of Danish companies / market.
By the end of 2012 all companies:
- will have a strategy / plan supported by a BI program
- have built a solid data warehouse foundation
- have implemented a BI project model promoting best practices
- have leveraged Collaborative BI tools and approaches
- use advanced analytics
- incorporate unstructured information into solutions
- have an active and well trained user community
Ok- back to reality…the above statements was just a nice dream…
First of all a disclaimer: I’m not always right. When I started doing BI solutions in the early nineties, I strongly believed that in a year or two, most companies would do data mining, statistical analysis and exception reporting using various ways to communicate alerts. Today, most BI solutions are still about showing actuals next to budgets.
To make this blog even more buzz word compliant, I could write predictions about In-Memory Mobile BI, BIG data and Cloud. However, as you’ve probably already read these predictions, I will only address one technology related prediction, and instead focus on the organizational approach to BI. In this post I will just give you the headlines and then I will elaborate further on each headline in future posts.
1) The majority of companies still won’t have a BI strategy – nor will they define one
The same companies continue to wonder why their BI initiatives fail.
2) More organizations will promote and support self-service BI – some for the wrong reasons
Enabling users to do it themselves without having to rely on IT is good. But if we for political reasons use this argument to reduce IT cost by moving the cost into the business it is not good. Having 10 users developing the same report that previously would have been made once by IT is not better.
3) More tactical solutions will emerge
Despite the fact that more companies pursue a one-company-and-shared-process philosophy the number of tactical/departmental solutions will increase.
4) We will see an increased focus on agility
– and some will use it as an excuse for skipping the boring things like requirement specification, data quality assessment and test cases.
5) The majority of companies will continue to have higher focus on cost reduction than business benefits
Example: how much time do you spend on project budget/cost versus time spend on measuring actual benefits after go live?
6) The majority of companies will create BICC’s where IT and business people will drive and operate the BI initiative together
This can be physical or virtual organizations – but it is important to ensure collaboration.
7) It will become increasingly difficult to maintain a single-tool/vendor strategy on the front end and BI platform in general
One size does not fit all user types – even for the traditional front end tools. And with emerging technologies to support collaboration, advanced analytics and decisions automation it is a cannot-win-battle to strive for one vender (sorry IT guys)
In summary – if you have promised to do better in 2012 – also within BI , then ask yourself how you are doing on the above topics.