Analyst firm Gartner has tabled five predictions for
business intelligence (BI) for 2009-2012.
Gartner analysts will discuss BI market dynamics at the annual
Gartner
Business Intelligence Summit 2009 in The Hague, Netherlands on
20-22 January.
"Organisations will expect IT leaders in charge of BI and
performance management initiatives to help transform and
significantly improve their business," said Nigel Rayner, a Gartner
analyst. "This year's predictions focus on the need for BI and
performance management to deliver greater business value."
Through to 2012, more than 35% of the top 5,000 global companies
will regularly fail to make insightful decisions about significant
changes in their business and markets, said Gartner.
The economic downturn though will force many businesses to be
aware of changes in their organisations, re-think their strategies
and operating plans and face demands from stakeholders and
governments for greater transparency about finances, operations,
decisions and core performance metrics.
However, most organisations do not have the information,
processes and tools needed to make informed, responsive decisions
due to underinvestment in information infrastructure and business
tools, said the analyst.
"IT leaders in companies with a strong culture of
information-based management should create a task-force to respond
to the changing information and analysis needs of executives," said
Bill Hostmann, another Gartner analyst.
"IT leaders in businesses without such a culture should document
the costs and challenges of adjusting to new conditions and propose
a business case for investing in the information infrastructure,
process and tools to support decision making," he said.
The other four business intelligence predictions:
• By 2012, business units will control at least 40% of the total
budget for business intelligence.
• By 2010, 20% of organisations will have an industry-specific
analytic application delivered via software as a service (SaaS) as
a standard component of their business intelligence portfolio.
• In 2009, collaborative decision making will emerge as a new
product category that combines social software with business
intelligence platform capabilities
• By 2012, 33% of analytic applications applied to business
processes will be delivered through course-grained application
mashups.