- Last couple of years saw several big time players enhancing their share and leverage in the BI arena through strategic mergers & acquisitions : IBM-Cognos, SAP-Business Objects, Oracle-Hyperion. I think by the end of this year the big names will complete their "digestion" of these entities and will make them shed their old monikers. Some may say that the goodwill of names like Cognos, Hyperion etc is too big to be easily written of and the big players will balk from doing that. On the contrary,I think that a company like IBM gains more overall by having a single integrated "Business Intelligence Suite" under it's own name rather than retaining the Cognos name and creating confusion and competition with it's own other BI offerings. Similarly the case with the other players. So this may be the last year for die hard fans to order their Cognos Coffee Mugs or Hyperion T-shirts. They may be the collectibles of the future.
- I had written "The current and evolving paradigm of user-technology interface can be defined by a single word : "Google". That was before I saw "Wolfram" . "Computational Knowledge Engine" is how it is described. The front end is not very pretty but I was impressed by what it does. Typing in :China, US in a routine search engine like Google will give you links to millions of web articles where these 2 words appear. On the other hand Wolfram will deliver an output which compares China and US on various attributes : Name, Location, Flags, Demographics, Economic Indices etc. Type in the name of 2 companies : IBM, Oracle and it will compare the 2 companies for several parameters -Latest trades, Fundamentals and Financials, Recent Returns, Relative Price History etc. Pretty Cool. An "Intelligent" Search Engine. I am sure the smart guys at Google would be cooking up something similar in their Labs.
- Staying on Google, I think that it may not be long before they enter the BI arena. They know how to manage huge volumes of data, run server farms and manage an analytics front end , currently primarily used to present information related to blogs/website statistics but can easily be modified as a front-end for business related information.
- There was a time when we had BI Tools, then vendors started branding them as Applications. These days several vendors are offering BI Appliances. Following the trend to it's logical conclusion, I would think that very soon we may see BI Machines or BI Engines. Or better still combining BI capabilities with Cloud computing, one may see the emergence of "BI Clouds" . BI will then live up to the classic proverb “It may have it's head in the clouds, but has it's feet well set on the ground.”
Let's see how many of these predictions pan out. If they do, remember where you read about them first !!
Are you ready with some of your own tea leaves readings ? please share......