There is nothing like a record snowfall (here in NJ, where I live) and a new year to reflect on the hot topics in BI for 2011. Here is my list of the five most important trends for the year ahead.
1. Advanced Visualization and Dashboards Go Mainstream
Last year, QlikTech went public, Tableau Software revamped its product, and IBM Cognos released its second-generation dashboard solution, dubbed "Business Insight." Advanced visualization and discovery tools continue to garner significant interest because of their ease of use, visual appeal, and ability to speed the time to insight amid vast amounts of data.
The challenge for companies is in understanding when technologies overlap and the degree to which they are converging. Should you look for these capabilities from your BI platform vendor or from a specialty vendor?
For dashboards, the answer depends on your BI platform. Vendors such as Oracle and MicroStrategy have the most robust, appealing, and integrated dashboard solutions (feel free to disagree with me here, but as always, my conclusions are from hands-on testing of hundreds of criteria). This is not to say that other vendors haven't made strides in their latest releases, but these two vendors are furthest along.
If, however, you are looking for an advanced visualization product with dashboard capabilities, the better products remain with specialty vendors. A few of the leading BI platform vendors have some exciting products in development in this area.
Beyond these tools, businesses will continue to struggle to decide who owns them and who should develop related content: business or IT? First attempts at developing dashboards tend to look like glitzy pin ball machines, but as people gain experience and expertise, these tools become the most useful component of BI.
2. Mobile BI Gets Recharged
Mobile BI didn't even make my top trends last year, so one could say its appearance this year is quite a leap. In the cool BI class I teach at TDWI events, this innovation rarely gets top nod from attendees. However, few could have foreseen the wild adoption of Apple's iPad. The wider screen real estate and sheer beauty that this tablet brings to BI is reason to take stock of your mobile BI strategy.
What devices will you support, and what is your vendor's strategy? Vendor capabilities here remind me of my living room on New Year's Eve morning: unclear, fragmented, and all over the place. Support for devices, content, consumer ability, and native-versus-browser support vary widely.
MicroStrategy's mobile BI solution is the broadest and most robust, including support for iPhone/iPad as well as Blackberrys. QlikTech and Actuate also are further ahead than some of the larger platform vendors. Niche vendor RoamBI, which supports content from multiple BI vendors, is worth investigating.
Companies that fail to consider mobile BI's potential and limitations will be forced into reactionary mode; when you scramble to pull together a strategy, you risk security breaches, mixed devices, and inconsistent support.
3. Facebook Gives BI More Than a Facelift
Facebook hit 500 million users mid 2010, a community now larger than the population of the U.S. and Canada combined. It's changing the way a generation interacts, lobbies, advertises, complains, and thinks. It's impossible for this trend not to impact BI. Social networking brings new data sources for analysis. It also brings new demands for how users respond to insights from data, and that is never in isolation.
To date, a report may be viewed as part of a task or decision-making process. Any discussion around the report is typically offline. Key decisions from the insight are made verbally or shared via e-mail or in documents, sometimes held in a document management system.
Envision a Facebook influence on BI: decision-makers bring together the right people virtually; users themselves control the flow and content instead of a central IT group who secures the data and subsequent analyses. Tasks, comments, opinions, and even new sets of data and analyses are brought together seamlessly.
Sounds too futuristic? Some vendors have already offered annotations to BI content, such as Information Builders Performance Management Framework and Dundas Dashboards. Moving far beyond just a portal technology, consider the new BI-integrated collaboration capabilities built into Microsoft SharePoint 2010.
Beyond SharePoint, Outlook 2007 has collaboration features that SAS has been quick to leverage. Demonstrating further social networking's influence, last year SAP launched StreamWork (but without BI content), Oracle BI Enterprise Edition 11g included support for Web Center (someone should rename this product!), and IBM Cognos 10 shipped with Lotus Connection. So the BI heavy weights are making inroads, but niche vendor Lyzasoft seems to have gotten the "user-directed" aspect most right.
So we've seen some innovation here, but the convergence of social networking with BI is still very young.