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Home » INSIGHTS » Top Business Intelligence Trends in 2018 – Part 1

Top Business Intelligence Trends in 2018 – Part 1

Continuing our take on the top business intelligence trends all set to take over in 2018, let’s take a look at some more of them.

Natural Language Processing

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2018 will see the prevalent, sophisticated, and ubiquitous growth of Natural Language Processing (NLP). The rising popularity of Amazon Alexa, Google Home, and Microsoft Cortana have embedded a hope in people that they can speak to their software and it will understand what to do. 50 percent of analytical queries will be generated via search, NLP or voice by 2020, as per Gartner’s prediction. As per IDC, 75 percent of workers whose daily tasks involve the use of enterprise applications will have access to intelligent personal assistants to augment their skills and expertise by 2019. Gartner also predicts that by 2021, more than 50 percent of enterprises will be spending more per annum on bots and chatbot creation than traditional mobile app development.

The Multi-Cloud Momentum

A lot of organizations are exploring and evaluating a multi-cloud strategy, and the movement will only gain further momentum in 2018. A multi-cloud strategy will become the common strategy for 70 percent of enterprises by 2019, up from less than 10 percent today, according to a recent Gartner study. As per Forbes, 74 percent of Tech Chief Financial Officers say cloud computing will have the most measurable impact on their business in 2017. With the intention to understand the best performing hosting environment and see which contract provides the lowest cost to pass to their customers, GE re-aligned its cloud hosting strategy to leverage both Microsoft Azure and Amazon Web Services.

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