Collaborative BI (collaborative business intelligence) is the merging of business intelligence software with collaboration tools, including social and Web 2.0 technologies, to support improved data-driven decision making.[1]

Figure. 1. Collaborative BI

A Collaborative information, information enhancement, and collaborative decision-making are the key focus of new BI solutions. But collaborative BI does not only remain around some documents’ exchanges or updates. It has to track the various progress of meetings, calls, e-mails exchanges, and ideas collection.[2]

Future in collaborative BI

The Business Intelligence industry has come a long way since its inception. From its infancy in the 19th century where data-driven decisions replaced hunches, to on-premises databases and challenging IT reporting projects that only specialists could translate in the 20th century, to the current self-service models we know and use today, business intelligence technology, applications, and trends are only becoming more and more accessible. [3]

Advantages of collaborative BI

• Knowledge, good practice and information sharing: This is key to collaboration, knowing how to share your knowledge with others in a relaxed environment.
• Better Communication: Unless you don’t have a collaboration system for your team, it likely means that your team relies on communication methods like phone systems, text chat or email.
• Clarity & Efficiency: hrough better collaboration, your employees can gain clarity in their roles. Clarity helps each person know what they are supposed to do.
• Stronger and united work force: Collaboration really helps people to come together, in ways they might not have before.[3]

Disadvantages of collaborative BI

• Conflicts in Working Styles: This can be a major problem, when in a group with different people together to collaborate on one project.
• Timing: Collaborations can mean that your campaign moves more slowly because you need to gather information, agreement or check with the other players regarding every decision.[3]

References:

1. https://www.techtarget.com/searchbusinessanalytics/definition/collaborative-BI-collaborative-business-intelligence
2. https://www.datapine.com/blog/business-intelligence-trends/
3. https://certahosting.co.uk/benefits-disadvantages-businesses-collaborating/

Cite this article:

Sindhu.C (2022),Collaborative BI,Anatechmaz, pp. 25