Data Talks, Episode 24
Data Talks is Exago’s podcast on business intelligence, analytics, and application software. This month, Business Application Research Center Founder and CEO Carsten Bange talks with us about emerging trends in business intelligence, ranging from ten-year cycles to a new emphasis on price performance ratio.
Segment 1: Business Intelligence Trends
(0:37) Meet Carsten!
(3:00) About BARC, the Business Application Research Center.
(6:42) How BARC evaluates BI vendors.
(10:09) On BARC’s famous BI survey.
(14:03) Ten-year cycles, specifically oscillation between centralized and decentralized reporting.
(19:07) Embedded BI trends.
(20:54) BARC’s Trend Monitor report.
(22:52) Is data visualization and dashboarding becoming a commodity?
(25:15) The three disciples of BI.
(27.00) How did less strategic departments come to want BI capabilities?
(30:00) The rise of operational BI.
(31.21) What is “modern BI?”
(34:35) Non-technical trends, specifically solution price.
(40:13) Tabular reporting trends.
(43:08) Unsolved problems: reporting on mobile devices.
(46:04) How business users are now able to do what used to belong exclusively to IT.
Segment 2: What We Are Nerding Out About
(50:27) Carsten: Podcasting, videocasting, and AI decision making!
(54:09) Chris: Cell phone data and statistical reporting!
(46:59) Nicole: The Hidden Life of Trees by Peter Wohlleben!
“But you could already envision what the next wave will be because we are now starting to talk about, for example, edge computing. So this whole idea of a centralized data lake and a centralized cloud environment — there are already ideas how we could actually decentralize that. Distributed databases have become quite popular as a new way to store data, and so on.” (18:23)
“Often very highly rated trends — meaning that people think are quite important for their work — are topics that you often don’t see too much in the press or in marketing of vendors or service providers.” (22:07)
“You have to see that each of these technology shifts basically resets the software industry to zero because you have new solutions coming up that are developed on these new technology stacks. But they start from zero. They need to be redeveloped.” (32:40)
“The reason number-one why a company or person is choosing a specific BI solution, that’s actually now price and price performance ratio. And that is very new.” (35:51)
“What they [consumers] don’t see is that actually the tools and vendors are not all similar. The differences have changed. It used to be the functionality and the user interface and the visualizations, but this is not the case anymore. This is really all good now (or good enough for most people). So here you cannot really see the differentiating factors anymore. But if you look behind the scenes in a way, if you look at the architecture, if you look at the aspects like scalability, maintainability, performance — stuff like that — […] then we do see differences between the vendors.” (37:08)
“The importance of reporting is still very, very high.” (42:55)
Dr. Carsten Bange is founder and managing director of the Business Application Research Center (BARC), an independent software market analyst and IT consulting company he founded in 1999. BARC offers a portfolio of in-depth software evaluations based on lab tests, conferences, consulting and market research that enables companies to make better technology decisions. BARC is the leading analyst firm in Europe for business software and its application in companies to improve business processes. Dr. Bange holds a PhD in management information systems, is a frequent speaker at IT conferences and BARC analyst and consultant on Business Intelligence, Analytics and Data Management strategy, architecture and technology selection for more than 20 years. He can be reached at: firstname.lastname@example.org.