Business intelligence and analytics – contemporary system model

S. Klisarova-Belcheva, G. Ilieva
2017 Trakia Journal of Sciences  
PURPOSE: This paper aims to analyze and evaluate the current state of business intelligence systems (BIS) market and outline the main trends in BI technologies development. METHODS: The main research methods employed are studying BIS characteristics, analysis of market dynamics and the strengths and weaknesses of market participants, which is integrated in drawing conclusions regarding trends in BIS products development and their market, modeling and synthesis in developing innovative BIS
more » ... nnovative BIS architecture. RESULTS: The trends in BIS products development and their market are outlined, and based on them, a new model of modern BIS architecture is proposed. CONCLUSION: There is positive dynamics on the BIS market and in 2016 several shifts occurred among vendors, including the emergence of new ones. Users' preferences continue evolving and smart data discovery is sought after at an increasing rate, for example in processing native language queries. A rising number of vendors offer BIS as a service with data being stored in the cloud or on-premise.
doi:10.15547/tjs.2017.s.01.053 fatcat:j2xmph6gdjck5axr23zbiqw4na