The fourth industrial revolution is here, and is driven by data. The catalysts for this revolution are technologies that work on this data - artificial intelligence, machine learning, pattern detection, data science and more. The enterprise landscape will soon be changed beyond recognition. The winners will be companies that are quick to embrace the value of this data fast to derive intelligent insights and smart to leverage them. It is all about disruption, innovation, and leveraging the opportunities they create.
Success therefore rests on the ability to convert data into actions. Companies need tools that ensure the right people can access the right information, using analytics solutions that help to transform a mass of data into visualizations that convey a breadth and depth of insight.
It will be the ability to harness the fourth industrial revolution to generate constant innovation, on-going operational refinements and early warnings of trouble. It will be about a proactive approach that operationalizes analytics within every function and throughout every level of the enterprise. With tools that can independently interrogate data, build upon existing reports and create new dashboards as needed, companies can evolve a culture of data-driven decision-making faster, for more accurate and increasingly more high-impact moments.
The next wave of BI will be beyond data- it will be about using Augmented Analytics that will make every decision a growth driver for the organization, companies can acquire the power to use the accumulated data to drive even smarter and more growth focused decision with time.