Well, here I am once more trying to take my mind off the English football, penalties and the fact I now need a Big Data solution to determine when we last won a tournament; I knew I shouldn’t have eaten Italian food yesterday afternoon, it was never going to end well…….
BI 3.0 is Social BI
This incremental addition to BI 2.0 adds further functionality for social collaboration, data insight relevancy and end-user self-service capabilities whilst, thus far, seemingly omitting the increasingly important trait of a simplified visual interface and user experience (UX) driven through the global adoption of smart phones and tablets.
In recent months, Gartner has talked about ‘The Consumerization of BI’, Forrester Research in conjunction with Panorama software (who first cited the term BI 3.0) have identified their interpretation of the 3 key themes of BI 3.0 and, a number of movements in the Agile and Mobile BI market space have taken place (examples being Oracle’s acquisition of Endeca, Qlikview 11 (Social) launched, the emergence of the visualisation company DOMO and of course Panorama Necto being released).
BI 3.0 has 3 core themes
According to Forrester , the following components are crucial to next generation BI tools:
- Social Decision Making – if you try to achieve your goals alone, you will never be able to accomplish as much as with teamwork. BI 3.0 is about enabling users to work together (using social tools) to gain a much higher level of insight.
- Automated Relevant Insights – By automatically delivering relevant insights to the users, BI 3.0 eliminates the need of business users to understand the ‘how’ and focus on the ‘why.’
- Self-Service – BI 3.0 is designed by business users and for business users. This reduces IT involvement in the day-to-day use, enabling those resources to focus on deployment and administration rather than generating reports, while providing intuitive, easy to use analytical tools to ALL business and management users.
So, BI 3.0 means capabilities to support ‘social-media-like’ collaboration, greater information relevancy to the end-user and, the drive towards the ever elusive self-service Business Intelligence toolset the marketplace has been screaming for over the past decade. Mmmmmm, is that all thats needed really? Sceptical? So am I.
BI 3.0 is nothing without Big Data
I would argue that in this space, ‘3.0’ terms are in their infancy and, as such, open to interpretation. I do agree however that Information Management differentiation over the the next 5 years will be about our ability to respond to ‘contextual interactions‘ faster than ever before.
It will be increasingly critical to know which individuals hold the information context of the task in hand, which information sources inside and outside the organisation are best placed to inform pending decisions and finally, and arguably most crucially, the business outcomes most likely to arise from the interaction itself.
Although BI 3.0 capabilities will enable a certain degree of self-sufficiency for BI, without an update to Inmons’ DW 2.0 thinking (lets suggest this may be DW 3.0 in honour of the fact England missed 3 penalties…) to adopt Big Data capabilities, BI 3.0 will still be fundamentally hampered by an inability to provision quality contextual data quickly.
So DW 3.0 will require what exactly?
I will be discussing what the Data Warehouse (and other components of your Information Management architecture) could require to support the intentions of the BI 3.0 standard over the coming weeks. Look forward to the discussion with each and every one of you!
Oh and as to ‘English sport’ going forward, I am going to focus on the Olympics as we might actually win something…..