BIME Analytics Predictions for Business Intelligence in 2015: More People Sharing Insights Faster to Capture More Value

Five Big Data and BI Predictions by Rachel Delacour, CEO of BIME Analytics

Kansas City, MO, December 14, 2014 --( As cloud services become the ubiquitous, invisible fabric of our private and professional lives, business intelligence (BI) and analytics emerge as the crucial components to make sense of data large and small. According to Rachel Delacour, CEO and co-founder of BIME Analytics, easy-to-use data discovery tools are the equivalent of navigation and mapping services for the data-driven world.

From the rise of social BI and data-driven public health to analytics as the backbone of a drone ecosystem ready to take flight, here are Delacour’s five data predictions for 2015.

Intelligence will either be social -- or nothing special.
Much like gamification was about a UI that effortlessly engages a user, future BI and analytics will be designed around real human beings, by belonging to live, bi-directional exploration of data -- similar to the give and take consumers love in social networks or personal apps. Social analytics also means service providers have to rethink their approach to helping users right in the app or dashboard, offering live support 24/7. It gives them a 360-degree view of how people use analytics, where they excel and fall short. This dynamic exchange will shorten the time to push out enhancements and updates.

Data mining is the new black.
Whether you know R programming language or not, Apache Mahout or concepts such as Holt-Winters multiplicative exponential smoothing: data mining will be sprinkled into a lot of modern applications in clever ways, hiding all the complexities but keeping the magic. It’s something we have become accustomed to when Amazon recommends books. Access to those advanced algorithms will become an integral and common part of the analytic tool set available to the average user. What’s more, applications will find clever ways to make use of advanced data mining algorithms such as Gmail’s new ability to add events using natural language processing.

Staying healthy means more data to catch and cure diseases.
Experts rightly lament that healthcare is “data rich” but “analysis poor,” and the consumer space demonstrate how to get out of this dilemma. We’ll witness the emergence of services and tools that accompany patients and doctors along their journey together, creating a data-driven connection much earlier than when traditional preventive systems usually kick in. Electronic health records are already being collected, but we’ll see progress in three specific areas: more compatibility between these different data stores, better integration with new analytics platforms specializing in health outcomes, and better integration between consumer-grade fitness apps and serious medical applications.

Drones need data to do good.
Devices on land or in the air depends on one key thing: a reliable, bi-directional data feed to parse. Drones in the civilian world will do a lot of good in 2015, but they need to gather loads of data and feed them into analytics platforms that help humans. Connecting to a smart node to offload data for analysis and receive instructions on what to do next will be a crucial factor for the success or failure of these systems, for experts as well as the general public. As robots and UAVs become almost as affordable as a good vacuum, more and more services will pop up to help manage the novel chores of the data-driven world.

The cloud is everything, everything is in the cloud.
Don’t expect the “race to zero” in the cloud economy to let up in 2015. Amazon, Google, and Microsoft will keep tweaking their services while dropping prices - a good thing for companies moving more of their data and services into the cloud. As the plumbing of our connected world becomes cheaper and almost invisible, businesses can use this abundance of resources to quickly add high-value services to run on top. While the big guys figure out how to make a profit off a booming business with low margins, organizations can benefit from vast resources at rapidly shrinking prices.

About BIME Analytics:
Award winning BIME powers the first pure cloud BI service for the age of Big Data. With dual headquarters in Montpellier, and Kansas City, MO, BIME delivers simple-to-use yet powerful data analysis, visualization and dashboarding as a fast, easy to set up and low-cost service that lets companies and teams of any size mine their business. BIME is available in English, French and Spanish and has customers across the globe. It was the first vendor to offer front-end BI capabilities for Google BigQuery.; @bimeanalytics.

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Andrea Heuer
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Andrea Heuer