The business intelligence environment has become more complex over the past year. Effective business decisions can be made by being able to identify the most recent trends in business intelligence. You must be up-to-date on the latest technologies and how to implement them in order to ensure your company remains competitive in a rapidly changing market.
This blog will introduce you to the most recent trends in business intelligence, and briefly explain how they can help your business. It’s useless to have data if you don’t know what to do. Take a look at our top 5 business intelligence trends for 2019 and think about how you can implement them in your business.
Artificial Intelligence is a tool that automates many tasks in your business. It also makes it easy to collect and display data in real-time. Chatbots are a growing trend. It is the missing piece to your online platform.
It allows you to track searches people make for your products and how they interact. This is just one example of AI in business.
Data Quality Management
According to a survey by the Business Application Research Centre, Data Quality Management was the most important trend for 2019.
Data Quality Management is about ensuring that your business has consistent data flow and that it does not hinder your business’ growth. Inaccurate or poor quality data can lead to incorrect predictions, which can lead to customer misinterpretations.
Data Governance refers to implementing industry best practices while making decisions about the data received. It allows you to assess the input data from three perspectives: business, technical, and organizational.
Data Governance helps you understand how your data is collected, used, and secured. Data governance is also more important in the context of security breaches and data theft.
Cybersecurity and ethics
“Data breaches” is the next important trend in 2019, cybersecurity and ethics. Cybersecurity is a major concern for companies. But it’s not enough.
Criminals can use even the smallest bugs to steal your company’s good fortune. To protect your customers’ and company’s data, security ethics must be strengthened.
As 2018 witnessed, tech-giants have been embroiled in controversies over customer data. Data is becoming more important to people. You should therefore consider setting up high cybersecurity standards and ethical database management in 2019.
Cloud computing is a major component of most companies’ business operations. This makes it a potential target for hackers looking to crack the company’s security. Many companies are now choosing to use multiple cloud services to protect their business data, despite the challenges it presents. Multiple clouds make your database defenses stronger than if you used one cloud.
These are the top business intelligence trends for 2019. There are many other trends that you may be interested in, including collaborative business intelligence, CDO & CAO and predictive and prescriptive analytical tools, consumer experiences and more. You need to continuously improve the skills of your IT professionals in order to understand and apply these trends at work.
Why choose NetCom Learning for Business Intelligence Training
NetCom Learning’s experienced and qualified instructors can provide practical and comprehensive training in a variety of business intelligence tools such as SAS, Microsoft, and many more. We have helped Fortune 500 companies train their employees and help them improve their customer service and operational excellence. We offer private training sessions for groups to maximize productivity and provide intensive learning sessions.
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