As we see in another new year, it’s that time to hear about all the new strategies from software and Business Intelligence( BI) vendors for 2024.
The last few years, it’s been dominated by Cloud and everyone wanting to be the number 1 in the cloud. But the last year has seen generative AI become the new hot item and no-code application development starting to pick up speed too like InfoBurst Squirrel.
So, I expect to see a slew of new strategies based around these areas for BI.
The thing about strategies is they are transient – they come and go but they don’t stick around too long. Nowhere is that more true than in the world of Business Intelligence.
SAP has changed it’s BI strategy many times in the last decade and I’m sure will continue to do so but if you look beyond the strategy there has been one constant that has remained solid – BusinessObjects.
This very clearly demonstrates that strategy has very little to do with the reality on the ground in most organizations.
Organizations move at their own pace and while BI vendors may point to new technologies and the future, they are more likely to consider cost and return on investment first.
Cloud is a great example where BI vendors promised cost savings that still, to this day, have never materialized.
Most BusinessObjects customers own perpetual licenses, so they only pay maintenance annually. Many have discovered that the cost of replacing BusinessObjects with any current Bi solution is astronomical and has no realistic return on investment.
However, that’s not the only reason organizations have stayed with BusinessObjects. Apart from having years of investment in the solution, it actually keeps the business running and gets the job done.
I mentioned in a previous blog The Future of Business Intelligence Reporting about how BusinessObjects was ,and still is ,used for operational reporting so you cannot just replace it with a cloud based BI tool that has inferior or no operational reporting capability.
As I have always done, I will be watching and working with organizations continuing to use and evolve their BusinessObjects deployments in 2024 rather than following the new BI strategies proposed by the BI vendors.
It’s not just the 10 year plus roadmap that BusinessObjects customers can hang their hat on, the next major release, BI 2025, promises to be groundbreaking in new functionality and capability.
The BusinessObjects community has a lot to look forward to in 2024, not least of which will be seeing previews of BI 2025.
And, of course, the best place to gather, see, talk and ingest everything BusinessObjects will be IBIS 2024 which will be held at the Ritz-Carlton, Dove Mountain from June 24 to 26 this year. The theme of this year’s event is Quantum Leap as we plan to showcase the quantum leap in terms of functionality coming with the new BusinessObjects while, at the same time highlight the quantum leaps that customers are making in their business using BusinessObjects in new and creative ways.
There will be 3 tracks this year with 45 sessions in total over the 3 days plus sensational keynotes and plenty of collaboration time. The 3 tracks are :
- BusinessObjects at its Best
- Creative Case Studies
- BI Strategy and Future Direction
If you are wondering about that last track being called BI Strategy and Future Direction, I can assure you that there will not be sessions on BI vendors strategies but rather on the actual strategies being pursued and employed by real customers.
The preliminary agenda is up, so be sure to check it out.
Get ready for a great year as BusinessObjects powers on.