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If BI Is Dead, What's Next?
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jtaylor943
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jtaylor943,
User Rank: Apprentice
7/18/2012 | 5:43:37 PM
re: If BI Is Dead, What's Next?
Neil's paper has some great advice on best practices and is definitely worth a read. As I said in my own blog post on this, I think it is time to move from talking about BI (associated in most people's minds with reporting and dashboards) to talking about Decision Management (focused on decisions, especially repeatable ones, and their effective management with information systems).

The folks Bruno talks about (the ones who can't spell BI) don't need new, easier to use versions of the current tools. They need systems that can tell them what the best answer is, or at least what the top few possible answers are. They need systems that manage decisions not simply present information.

James Taylor
CEO Decision Management Solutions
Blog at http://jtonedm.com
Scott Wallask
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Scott Wallask,
User Rank: Apprentice
7/18/2012 | 3:14:10 PM
re: If BI Is Dead, What's Next?
Honestly, I think this constitutes a name change. It's a change to a more accurate name, no doubt, but the goals remain the same. CDs morphed into MP3s, but we're still talking about music. MP3s are more versatile, as are the new analytics tools. It will be interesting to watch user adoption when tools like visualization go on the table.
MHoffman
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MHoffman,
User Rank: Apprentice
7/18/2012 | 12:46:27 PM
re: If BI Is Dead, What's Next?
Nice - after I recovered from title - Visualization and ease of use are nice, but BI output is mostly unrefined, unfinished when made available to business managers and executive teams.
Working with some of the greatest brains in BI, I always have to stress budgeting for preparation of analytics findings, reports, discoveries and observations as 'content' - to be educational, entertaining and engaging. Not just a picture or chart, but a story and multiple scenarios - i.e. always have best case, moderate case, worst case outcome numbers, and, where possible crate an environment where analytic audience can engage in simulations with information based on their roles - (this will also help with analytics talent shortage http://www.mckinsey.com/Insigh... ) where virtual scenarios can encompass multiple situation outcomes.

The article should highlight that technical analytic capabilities currently outstrip companies ability to use them - as is the case easy to use regression (wait, that's the user problem - less than 10% of people ever want to discuss regression) in SPSS & Angoss, etc. and big data applications outstrip and augment traditional warehouses and data marts -

Net, net - focus on audience and outcomes - Managers need to assume any question can be answered (with current technology and data access) and spend their time asking the questions with greatest outcomes... BI and BA is just a cost until it changes outcomes.

Michael R Hoffman, 908.542.1134
Paragon Solutions, NJ

ramamurh
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ramamurh,
User Rank: Apprentice
7/18/2012 | 12:26:43 PM
re: If BI Is Dead, What's Next?
Great article. I fully subscribe to Neil's analysis.
Look forward to the era of "Big Data" and analytics. Greater emphasis is being place on business activity monitoring, continuous auditing etc which is going to be relying on Big Data. Certainly an interesting evolution of data view.
brunoaz
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brunoaz,
User Rank: Apprentice
7/18/2012 | 6:41:33 AM
re: If BI Is Dead, What's Next?
Nice article Doug. Totally agree with Neil's analysis here. We've over shot on building tools for the elite and forgot that BI is about the person who doesn't know how to spell "BI".

I worry that the "Big Data" frenzy is creating so much noise that our industry will make the same mistakes with Big Data.

In the end, if you don't have models, if you don't have proper data management, beautiful visualizations are meaningless. We've known this for years - it might be time for a change.

Analytically Yours,
Bruno Aziza
VP Marketing, SiSense
neil raden
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neil raden,
User Rank: Apprentice
7/17/2012 | 8:42:24 PM
re: If BI Is Dead, What's Next?
Thanks for the mention Doug. I should point out that I am no longer part of Constellation Research. Further research reports on Big Data, Analytics, BI and Decision Management will be coming from my firm, Hired Brains.


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