5. Continued Interest in Adopting Agile BI Practices
Datasource notes that businesses are continuously looking for new ways to implement BI, and are finding that many agile practices (smaller-focused iterations, daily scrum meetings, short sprints, embedded business representatives, prototyping and integrated testing) help accelerate BI projects and bolster communication between business users and IT. Certain technologies are also helping influence this shift.
6. Failed BI Programs and Projects Remain a Formidable Challenge
Implementing successful BI projects is difficult. According to Datasource, achieving success requires a balance of strong business involvement, thorough data analysis, scalable systems and data architectures, strong performing teams, comprehensive program and data governance, established standards and processes, excellent communication and BI-focused project management. In addition, explicit success criteria must be defined and the solution must remain focused on achieving the defined goal.
7. BI in the Cloud Grows and Embraces Hybrid IT
The concept of hybrid IT or hybrid cloud has recently emerged, where organizations manage some of their IT resources in house but leverage cloud-based solutions for IT needs. Datasource believes that this hybrid approach allows organizations to centrally manage strategic capabilities such as data governance while leveraging the benefits of cloud computing where they produce the greatest benefit (e.g., Salesforce.com). By stepping away from the all-or-nothing approach, organizations are learning to evaluate and measure the benefits of BI in the cloud.Over the next three years, Datasource expects that the trend to push pieces of BI to the cloud (in a hybrid IT fashion) will continue. This trend will continue to increase industry understanding as to which cloud-based BI capabilities are most effective and how they are best integrated into an organizations environment. It will also help BI cloud vendors to focus their efforts on the most salable solutions.