The global Business Intelligence (BI) and analytics market grew by 8% in 2013 and expectations are that the growth for last year would be even bigger…
Clearly, the focus now is on how BI can unlock value inside the organisation – more effectively than before. So what does 2015 hold for the market and the development of solutions to harness this?
Armandè Kruger, regional sales director at PBT Group, believes that the wider adoption and incorporation of BI and advanced analytical outcomes in business processes will lead towards more preemptive analytics. These analytics will encompass automated application responses based on inputs received from analytical models.
“It might sound like a cliché to say that real-time processing of information is critical to the success of the connected business. However, no company can afford not to find ways to improve the efficiency of their analytics as a means of enabling better decision-making. Thanks to advances in technology, faster and more real-time analytics are possible through in-memory analytics and in-memory processing. As a result, we expect 2015 to be the year where these aspects gain considerable momentum in organisations.”