Along with Big Data, Business Intelligence is Evolving

With the advent of big data, the scope of business intelligence and analytics is expanding.

To shed light on the changes taking place within BI as a result of big data, Ian Abramson, author, principal senior consultant at SWI, and a past president of the IOUG, will present a session at Data Summit 2015 titled “The New Analytic Paradigm: The Big Evolution of BI.” Abramson will present his session at 10:45 am on Wednesday, May 13, as part of the IOUG Track.

The IOUG Track at Data Summit will focus on big data in the cloud and the evolution of the data warehouse, and, in his session, Abramson plans to examine the evolution of BI and why organizations need to start looking at BI and their data differently.  

According to Abramson, it is increasingly important to take a more exploratory approach as opposed to simply leveraging data for reporting and summarization of past events.

“IOUG members are in the same place as everyone else,” said Abramson. The scenario might be that they have been running Oracle databases and then someone in the organization tells them they need to have a big data initiative.

One of the biggest challenges people are facing today is getting their arms around how big data technologies fit into their existing landscape: “How is that going to impact us? What is going to change? And that is part of what I am going to be talking about,” he said.

The reality, Abramson said, is that there are new analytic tools available that can provide deep correlations and rich insights on a variety of data and larger datasets than before.

Too many people, Abramson said, are embarking on big data projects that fail because they didn’t know how to exploit their information. Technologies are evolving quickly, so people have to be educated about tools and technologies available so they can understand and make the right choices, Abramson added.

And equally important, he said, is that people need to understand what big data means to them, and conversely, big data technology providers need to know that databases are not going away. “Everybody has to learn from each other.”

Data Summit will take place Tuesday, May 12, and Wednesday, May 13, at the New York Hilton Midtown, with preconference workshops on Monday, May 11.