3 BI Trends Rolling Into 2024

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Articles
Ricky Romanek, Senior Consultant

3 Big Things Rolling Into 2024 ๐Ÿš› – Big Ideas to Watch Out For!!! ๐Ÿ‘€

2023 was filled with big things. What is to come in 2024?

Artificial Intelligence (AI) – This has been at the forefront of all things tech currently. Since ChatGPT went mainstream in November 2022, Language Learning Models have been popping up everywhere. Major tech companies have been integrating AI tools into existing products. ๐ŸŒ

Consumer Data Privacy Laws and Regulations – Data is everywhere. Data brokers and other companies track Individuals’ data all over the internet. With the release of GDPR and the California Consumer Privacy Act in 2018, there has been a push for a greater adoption of privacy laws to protect consumers. In 2022 and 2023, 16 states introduced bills designed to protect individualsโ€™ privacy. Be aware of upcoming privacy laws and how they will affect your operations. โ›”

Accelerated Digital Transformation – Companies and businesses must rapidly implement process automation and focus on moving into a digital age. Large multimillion-dollar companies, and even some billion-dollar companies, are often held together with Excel sheets that take hours to update. Automating workflows, processes, and analytics ensures greater accuracy, efficiency, and quicker calls to action to resolve problems. ๐Ÿ“ˆ

What are the most significant trends you see moving into 2024? How will they affect how you operate?

 

Pomerol Partners creates and delivers meaningful, business-focused data solutions. We are not general technologists; we specialize in data and data-driven projects. Our team of consultants and data engineers have a depth of experience across the full analytics supply chain โ€“ from initial data extract, through transformation and modelling, to dashboarding and operational alerting, and, onward to machine learning and predictive analytics. We also integrate data into customer facing portals. We work in a wide range of industries across a wide range of business functions including sales, operations, finance, manufacturing, marketing, and, more. Our clients include the Fortune 100 to 100 employee companies. Our consultants are in the United States, United Kingdom, and Portugal.

Curious what value Machine Learning can drive for your company? Book a complimentary ML Readiness workshop with us and see for yourself.ย 

Contact: Scott Duthie, Partner | Principal Consultant, scott@pomerolpartners.com

www.pomerolpartners.com