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What is the Future of Business Intelligence in the Coming Year?

Smart Data Collective

As the use of intelligence technologies is staggering, knowing the latest trends in business intelligence is a must. The market for business intelligence services is expected to reach $33.5 billion by 2025. Business intelligence software will be more geared towards working with Big Data.

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10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

The big data market is expected to exceed $68 billion in value by 2025 , a testament to its growing value and necessity across industries. According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments. Did you know? Where is all of that data going to come from?

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Why Financial Services Firms are Championing Natural Language Processing

CIO Business Intelligence

In business, when a trend is forecast to grow by more than 3000% and generate cost savings of $7.3 Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research.

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How CIOs reinterpret their role through AI

CIO Business Intelligence

For Italo, this IT-business dialog is based on a flexible IT infrastructure that includes numerous automation and AI components, and provides the necessary groundwork for business continuity. Flexible, automated IT also provides an added benefit in connecting technology and business.

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NLP Isn’t Enough. Leading Financial Services Companies Are Now Moving to Conversational AI.

CIO Business Intelligence

According to IDC , worldwide spending on AI will likely top $204 billion by 2025. Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. It can also help speed up customer service interactions and provide sophisticated support any time of day. .

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Top Business Intelligence Features To Boost Your Business Performance

datapine

1) Benefits Of Business Intelligence Software. 2) Top Business Intelligence Features. For a few years now, Business Intelligence (BI) has helped companies to collect, analyze, monitor, and present their data in an efficient way to extract actionable insights that will ensure sustainable growth.

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CIOs press ahead for gen AI edge — despite misgivings

CIO Business Intelligence

Of roughly 2,500 CIOs surveyed recently by Gartner, 9% say they have already deployed gen AI applications, and a staggering 55% say they will deploy large language models (LLMs) in production by the end of 2025. C3 AI, another established AI vendor, last month released an enhanced Generative AI Suite with 28 domain-specific gen AI offerings.

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