The modern business world is dependent on the digital movement.1 As professionals who enable and manage business change and offer solutions,2 Business Analysts should look towards technological evolution as they consider the future of their jobs, and the general trends for business analysis as a whole. The need to have a virtual staff to man booking schedules including the constant back-and-forth with customers will surely help your business. Spend your time delivering value, innovating ways to give your clients better results, retaining clients, giving them support that blows their minds, and being remarkable (marketing). As CRMs, augmented analytics and edge computing become more important, the value of a business’s data increases—as does the potential damage that could be caused should data be stolen during a digital security breach.
In keeping with the trends of Transparency & Personalization, I believe we’ll see a trend toward pop-up” education in 2018. They spread the word that your business startup is one to frequent and keeps your company top of mind with many new customers. If you have spare time to drive people around, you can make extra money on the side working for a company like Uber or Lyft. Many successful founders and CEOs started their businesses as a side hustle, while still working their full-time jobs. So, the technological trend for 2018 will undoubtedly be that of furthering the digital centralisation of the devices that we use on a daily basis.
Smart Data Discovery will give a tremendous impetus to predictive analytics in 2018, making it the favorite business analytics activity. Many small business owners overlook trends in the industry and think of them as shortsighted solutions that will disappear almost as quickly as they appeared. Nowadays it’s changing the way small businesses market themselves on social media to connect with their followers and find new ones. Additionally, with rapid change in technology, it can be challenging for small business owners to gain in-depth knowledge about the latest marketing trends and understand which tactics work best for their business.
Since humans process visual data better , the data discovery trend will find increment as one of the most important BI trends in 2020. There are indications that brands that invest in a different kind of content personalization in 2018 will out outsell those without a personalized content by over 20 percent. Voice combined with AI will help small business owners become more efficient and organized while on the go. Capabilities that were once impossible without opening up your laptop, like logging an important note while on a service job or sending an invoice to a client, can all be taken care of by speaking into your mobile device—and as a result, have more time to focus on other areas of their business.
By 2020, according to Datamation, only 20 percent of trade finance will utilize Blockchain, but once the trend is well set, there will be no looking back. Augmented analytics can identify meaningful relationships between certain metrics and various other business variables, generate a dashboard and present the data story in a simple, non-technical manner. Because 67 percent of small businesses expect their revenue to grow throughout the remainder of the year, the outlook of small businesses looks promising. To help you get to grips with all the latest advances, we’ve put together a list of the top technology trends in business for the year ahead.