Looking forward to 2020, there are five things I think we’ll see happen more. We’ve seen a ton of consolidation this year and we’ll see more next year. There are about 75 front-end vendors in the BI space and the reality is that they can’t all survive in the market as it is today. Salesforce purchased Tableau recently and a lot of smaller vendors have already been bought.
There is TED talk by Malcolm Gladwell during which Gladwell discusses the fact that we were actually better off when we only had two kinds of spaghetti sauce to choose from. Today, we stand in supermarket aisles in confusion amid so much more choice.
Unsurprisingly, Modern data apps have become crucial across all areas of the financial industry, with apps for fraud detection, claims processing and compliance amongst others playing a business critical role. Unravel has been deployed by several of the world’s largest financial services organizations to ensure these critical apps perform reliably at all times.
With businesses becoming more data-led, there's now an expectation that you will use numbers when talking about strategy and the state of your business. You can’t do that by just looking at a dashboard because they don’t provide any context to the data. You may see that revenue has gone up but it doesn’t tell you what’s happening in the business or how different parts are performing.
