August 20186 Annie Johnson To subscribe to APACCIOOutlookVisit www.apacciooutlook.comArt & GraphicsAmelia StewartFlynn SmythToby LangtonAR RamjithManaging EditorAnnie JohnsonEditorialThe Dawn of Business Intelligence 2.0Senior WritersLane Adams Clara MathewKaran KariappaEditorialAlfred MardinLouis BeckerRachael ClarkRoy ChowPooja RayCopyright © 2018 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.AUGUST - 28 - 2018, Volume 04 SE 26 Published by ValleyMedia Inc.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmailsales@apacciooutlook.comeditor@apacciooutlook.commarketing@apacciooutlook.comContact usPhone: +1 510.996.5168Fax: 510-894-8405Annie JohnsonManaging Editoreditor@apacciooutlook.comIn the present business scenario, `big data' is no longer considered as a mere buzzword, but a vital facet of the business force. So much so, that the growth journey of the business is critically dependent upon the management of this large volume of structured, semi-structured, and unstructured data. Together with the deep penetration of IoT in the business environment today, big data has therefore sparked the need for smarter business intelligence (BI) systems that make sense of this huge repository of data. Thanks to the rapid growth of modern technologies like machine learning and artificial intelligence, BI solutions have been swiftly pacing forward and are filled with significant upgrades. The new-age BI tools can, to a large degree, automate decision-making, thus reducing (if not completely removing) the dependency on data professionals.Along with that, machine learning's potential to aid a data analyst is undeniable. Imagine needing to quickly look at the impact of a price change on a given product. To do this, one would have to run a linear regression on the data. Before Excel, R, or Tableau, an analyst had to perform the task manually and the process usually took hours. With the help of machine learning, a data professional can now accomplish the same functions in a matter of minutes, if not seconds. The analyst no longer needs to do the data heavy lifting and therefore can concentrate more on solving more crucial problems that call for human interference. Another major partaker in modern BI trends is the growing prevalence of natural language processing. The rising popularity of Amazon Alexa, Google Home, and Microsoft Cortana has reshaped people's behavior toward using software: users now expect software to understand voice commands and perform actions. Gartner predicts that by 2020, at least 50 percent of analytical queries will be generated via voice searches. The coming years are ready to witness more of embedded BI tools with data quality management for clear and secure information combined with simple yet powerful presentation. With that vision, APAC CIO Outlook has compiled valuable insights from industry thought leaders and also detailed out some of the most innovative BI solutions in the APAC marketplace.Let us know your thoughts.
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