Business Intelligence promotes the development of the big data age

After years of development, business intelligence has integrated data warehousing, Online Analytical Processing tools, data mining, big data visualization, and other technologies, and has become an important tool that affects enterprise development. In a fiercely competitive environment, business intelligence tools not only allow medium enterprises to maintain performance growth, but also have a more profound impact on Enterprises' scientific management models. With the development of business intelligence, business intelligence has become a new Information Application Software for enterprises, from top managers to full bi. At present, business intelligence has exceeded the ERP and CRM markets to become the most promising areas for growth. That is to say, business intelligence systems will make other business systems more intelligent, business Intelligence is bound to push the big data era to a new level.

Rapid growth in market demand

At present, the Global Business Intelligence market has surpassed the ERP and CRM markets to become the most promising fields. According to statistics, the business intelligence market is growing at a rate of more than 30% every year. As McKinsey, a world-renowned company, said: "data has penetrated into every industry and business function field today and has become an important production factor. People mine and use massive data, it indicates a new wave of survival rate growth and a new wave of consumer surplus."

Business Intelligence has become a new Information Application Software for enterprises in the big data era. Business Intelligence has already been used by traditional senior managers and is gradually transformed into common full bi. That is to say, the business intelligence system will make other business systems more intelligent. The business intelligence system assists people in different business directions to make scientific decisions through different themes such as finance, human resources, sales, and supply chain. In the past, the business intelligence system was built after the application of other business systems. However, in the new phase, some customers have broken this traditional idea, they use the concept of business intelligence to sort out the processes of other business systems. In their view, such a process is smoother, and data analysis can be performed after the data volume is accumulated.

 

Development of smart products and technologies

The mobile Internet era has arrived, and mobile Bi has developed rapidly to query and analyze data anytime and anywhere. The "cloud computing + mobile client" model will become the mainstream. With the rapid development of column-based storage technology, business intelligence has gradually become the mainstream of Data Warehouse products. With the development and wide application of cloud computing, the cloud-based Bi and SaaS bi of bi products are naturally the trend of the times. Text Analysis and semantic query technologies will be further developed to adapt to the increasingly expanding unstructured data on the Internet. New UI technologies such as multi-touch and Gesture Recognition make bi client users experience better and better.

With the development of the Internet and Big Data era, enterprises accumulate a large amount of data, and the data sources are also diverse. data processing, analysis, and mining and presentation are no longer limited to traditional methods, unstructured massive data needs to be developed and mined urgently. market demands are becoming increasingly popular and technologies are constantly innovating. Distributed Storage and nosql database technologies are continuously developed and applied to data warehouses to achieve scalable massive data storage and high-performance queries, which inspires and supports the emergence of big data visual analysis products, such as well-known products such as tableau, IBM big data platform, splunk, and Big Data magic mirror.

 

Conclusion

With the continuous development and utilization of the Business Intelligence System, the market share of the business intelligence market in the big data age is constantly expanding. At present, most enterprises around the world have begun to pay attention to and use big data, the Business Intelligence under big data is also beneficial to enterprises that accept and use big data analysis.

 

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Business Intelligence promotes the development of the big data age