The Forrester Wave™: Augmented Business Intelligence Platforms, Q2 2023
Augmented Business Intelligence platforms combine traditional enterprise BI capabilities (reporting, querying, data visualizations, descriptive and diagnostic analytics) with AI-driven features that empower users to become citizen data scientists. These platforms leverage machine learning and conversational UIs (NLQ/NLG) to democratize access to data and analytics across all decision-makers. Advanced organizations (91%) have significantly higher adoption rates than beginners (59%), making augmented BI a competitive differentiator and mission-critical platform for improving insights-driven business maturity.
No common features specified.
Vendors must, among other requirements:
A: This research evaluates 14 leading augmented business intelligence platform providers across 27 criteria grouped into current offering (core enterprise BI, augmented BI/advanced analytics, conversational UI, enterprise functionality, deployment options, application development, and business app integration), strategy (vision, innovation, roadmap, partner ecosystem, adoption, and pricing), and market presence (revenue and customer base). The evaluation focuses on general-purpose, standalone enterprise BI platforms with native augmented BI capabilities targeting business users, not just data professionals.
A: Technology and data professionals seeking to select an augmented BI platform for their organization should use this research. It helps decision-makers understand vendor strengths and weaknesses, compare platforms based on specific criteria important to their needs, and identify which vendors are best suited for different use cases such as native cloud deployments, hybrid environments, integration with specific business applications, or embedded analytics scenarios.
A: All vendors included must offer: 1) A general-purpose, standalone enterprise BI platform (not embedded in business apps) capable of building any BI application, 2) Native augmented BI capabilities including single-click advanced analytics (anomaly detection, influencer identification, forecasting) and conversational UI with natural language query (NLQ) and generation (NLG), 3) Capabilities designed for business users beyond just data/analytics professionals, 4) Minimum $90M in BI product revenue demonstrating market viability, 5) Proven deployment at enterprise scale (1,000+ users) in large organizations, and 6) Regular discussion by Forrester clients indicating market mindshare and consideration.
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A: Current Offering (vertical axis) evaluates the strength of vendors' existing products including core BI capabilities, augmented analytics features, conversational UI, enterprise functionality, deployment options, application development capabilities, and business app integrations. Strategy (horizontal axis) assesses vendors' future direction including vision, innovation, product roadmap, partner ecosystem strength, market adoption levels, and pricing models. Market Presence (bubble size) reflects revenue and customer base, providing context on vendor scale and reach.