transform

Business Intelligence: How It Can Transform Manufacturing

Even the layman would know that the manufacturing industry is an inherently complicated endeavor, owing to the many, many factors involved. It has been at the center of some intense change and a lot of this can be ascribed to technology. The evolution of technology over the past few decades has empowered the industry with countless tools and resources, allowing companies operating in the space to continue on the path to growth. Unfortunately, there is one technology that seems to be a tad resistant, Business Intelligence. Researchers have found that despite BI’s popularity, the manufacturing industry is lagging in its uptake of this novel resource.

It has often been chalked up to the dependence on Enterprise Resource Planning systems. While ERP systems are also valuable and have much to contribute, they typically lack analytical skills and that is where business intelligence comes in. For starters, it brings together all of

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How ML and AI will transform business intelligence and analytics

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(Image: istock)

For 10 years the prevailing trend in business intelligence (BI) and analytics has been the move toward self service. That’s about to change. In 2018 and beyond, we’ll see a growing list of what many call “smart” capabilities powered by machine learning (ML) and artificial intelligence (AI). These features are sure to help us move beyond the limits of the self-service era.

As I explain in a my latest report, How Machine Learning & Artificial Intelligence Will Change BI & Analytics, we’re already starting to see smart capabilities in five areas: Data prep, discovery, analysis, prediction, and AI-powered prescriptive applications. My research details investments being made by more than 20 startups and 14 established BI and analytics vendors to advance the state of the art.

Expect a steady drumbeat of announcements throughout 2018 and beyond about ML applied to tasks including cleansing and combining data, discovering new

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