Data, BI & Analytics Trend Monitor 2023

Every business is a data business. And any data business needs to use analytics to support decision- makers to take action. Driving value from data has become an imperative for many businesses to stay competitive. But becoming a data-driven organization is not straightforward. This survey on the importance of trends reveals once again that practitioners value both the most fundamental properties of data much more highly than the more advanced methods and approaches for data and analytics.

Based on a worldwide survey of 1,823 people, the BARC Data, BI & Analytics Trend Monitor 2023 illustrates which trends are currently regarded as important in addressing these challenges by a broad group of data, BI and analytics professionals.

This study explores the following questions:

• Which BI, analytics and data management trends are actually driving the market, and which topics have a more niche following?
• Which trends are particularly popular in which regions and industries?
• How “best-in-class” enterprises differentiate themselves in their attitude to trends

The Trends

The full study features analyst commentary and user ratings of the following 19 trends in the BI and data management market:

Advanced Analytics / Machine Learning / AI

Agile BI Development

Alerting & Triggers

Analytics Teams / Data Labs

Augmented Analytics

Cloud for Data and Analytics

Data Catalogs

Data Discovery

Data Governance

Data Preparation by Business Users

Data Warehouse Modernization

Data Culture

Decision Automation

Embedded BI and Analytics

Integrated Platforms for Performance Management (PM) and Analytics

Master Data / Data Quality Management

Mobile BI

Analytics on Real-Time Data

Self-Service Analytics