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Business Intelligence systems are software tools that collect and analyze data to help organizations become more efficient and productive.
Recently, Gartner announced their take on the top five trends currently happening in the area of Business Intelligence and Analytics:
Augmented Analytics – Analytics, through the assistance of machine learning and simplified interfaces, will become more usable by broad ranges of business users, not just data scientists.
Digital Culture – Businesses will increasingly put greater value on data and internally promote data literacy among its employees.
Relationship Analytics – Analytics will be extended to incorporate associations and networks to enable a better understanding of the interconnectedness of people, places and things.
Decision Intelligence – Decision frameworks will become integrated into analytics to allow users to tune decision models and help users better understand how probabilities of uncertain events are factored into recommendations.
Operationalizing and Scaling – The use of analytics will spread across organizations to help understand and solve a wider variety of business problems. Gartner predicts the inevitability of “analytics everywhere”.