The global mobile business intelligence (BI) market should see a compound annual growth rate of 27.47 percent through 2016, according to a new report from technology researcher TechNavio.
Driven in large measure by the increasing use of smartphones and tablets in all aspects of business, this trend also has implications for those interested in a BI career.
Worldwide Trend
In addition to increased smartphone and tablet use among employees, a larger number of sales transactions are also taking place on mobile devices, according to the report. In turn, the BI market is struggling to provide supply for this growing demand, as reflected in the projected 27 percent growth rate over the next three years. The report also mentions possible incompatibility between devices and BI applications; while this may pose a challenge for the market, the sheer volume of mobile use will prompt businesses to discover workable solutions, which should fuel further growth in the business intelligence industry.
Talent Demand
Data scientists—BI professionals able to analyze data sets and come up with practical insights—are already in high demand. Companies such as Facebook, Allstate and Ford have sought to answer data questions through Kaggle Connect, which helps companies with difficult business intelligence problems consult with the best and brightest talent in data analysis. Some companies that partner with Kaggle state outright that they do so because talent is in such short supply.
While the mobile business intelligence market is forecast to see substantial growth, universities offer specializations in business intelligence. Capella University now offers an online specialization in BI in its MBA program, while American Sentinel University claims that it’s one of the first to offer a BI master’s degree.
Moving to Mobile
In addition, the impact of portable devices is already evident in classroom settings, with online course offerings going increasingly mobile. For example, Cleveland State University’s new Mobile Accelerated Masters of Business Administration (MBA) program offers an entirely online experience for students. Tuition fees cover a 4G LTE-enabled iPad, along with regularly updated digital textbooks and other course materials, and the program is also accredited by the Association to Advance Collegiate Schools of Business (AACSB).
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