December, 20206 In the not so distant past, BI was confined to spreadsheets full of numbers and information that often felt out of touch with the everyday reality of a business. Now, as we have the cloud and other novel ways of gathering, storing, and analyzing data, it makes room for insightful visualizations and immediate action. With the advent of big data and the increasing need to make critical business decisions within a compressed timeframe, business intelligence (BI) and analytics tools have gained a substantial market share in the past decade. This development is expected to witness steady growth driven by the advancement of technology and growing investments.Some promising trends have been heavily influencing business intelligence, the rise of data analytics and machine learning being the most significant ones. They are transforming the way people live and work across industries and organizations. In business intelligence, augmented analytics is changing how data is analyzed, consumed, and shared across organizations. Augmented analytics uses automated algorithms to explore data and hypotheses that data scientists alone don't have the capacity to study. With machine learning, however, analysts can explore greater amounts of data and uncover additional business insights.In addition to augmented analytics, another noteworthy trend impacting business intelligence is continuous intelligence. Relying on real-time analytics and integrating it with business operations, continuous intelligence uses current data to improve business decisions. With that in mind, business intelligence platforms are destined to assume a more central role in enterprises in the future. To make the most of these indispensably valuable technologies, organizations need an equally adept partner that can help them assess risk, reduce costs, and make well-informed decisions for the future. As the amazing capabilities of BI and Analytics continue to transcend operations and workflows, the technology is reshaping business decisions for the better.Let us know your thoughts.Annie JohnsonEditorialReshaping Business DecisionsAnnie JohnsonManaging Editoreditor@apacciooutlook.comArt & GraphicsAmelia StewartMark ChristopherToby LangtonJie Ch'angManaging EditorAnnie JohnsonSenior WritersLane Adams Clara MathewRoyce D'SouzaEditorialAlfred MardinLouis BeckerRachael ClarkRoy ChowDai ShihDan StanleyDECEMBER - 18 - 2020, Volume 06 - Issue - 46 (ISSN 2644-2876)Published by ValleyMedia Inc.Emailsales@apacciooutlook.comeditor@apacciooutlook.commarketing@apacciooutlook.comSalesJames Williamjames.william@apacciooutlook.comTo subscribe to APAC CIO OutlookVisit www.apacciooutlook.comCopyright © 2020 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.*"Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff"
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