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Business Intelligence 2.0: Analyzing Data More Flexibly

Business Intelligence 2.0 expands upon reliable reports and dashboards to include self-service BI, data exploration, conversational analytics, and AI-powered data analysis. Business units can explore new questions while continuing to work from a shared set of data and metrics.

On this page: Definition · Traditional BI and BI 2.0 · Self-Service BI · Data Exploration · Conversational Analytics · Prerequisites · Implementation

 

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The Evolution of Business Intelligence

Business Intelligence Is Becoming More Interactive

Traditional business intelligence provides a reliable foundation for reporting and decision-making. Data models, consistent metrics, and dashboards make trends visible and comparable.

Business Intelligence 2.0 expands on this foundation. Business units can explore data more independently, adjust their analytical approach during the evaluation process, and ask questions in natural language. Self-service BI, data exploration, conversational analytics, and AI-powered features are thus fundamentally changing the way people work with data.

Business Intelligence 2.0 does not replace traditional BI.

Reports and dashboards remain important for recurring information needs. In addition, there are flexible forms of analysis for questions that cannot be fully defined in advance.

What is Business Intelligence 2.0?

Business Intelligence 2.0 refers to the evolution of traditional business intelligence toward a more self-directed, exploratory, and AI-powered approach to data analysis. data models, key performance indicators, reports, and dashboards remain the reliable foundation.

The term is not used uniformly everywhere. It does not refer to a single product, but rather to a new form of analysis: business units can examine data more independently, address follow-up questions, and integrate new insights into their workflows.

In a Nutshell

Business Intelligence 2.0 combines a controlled data and metrics foundation with self-service BI, data exploration, conversational analytics, and AI-powered analysis.

What distinguishes traditional BI from BI 2.0?

The two approaches are not mutually exclusive. BI 2.0 expands upon established reporting and analysis methods by offering more flexible access and new support options.

CategoryTraditional BIBusiness Intelligence 2.0
FocusProviding reliable answers to recurring questionsExploring new questions and relationships
Analysis ApproachPredefined reports, views, and drill-downsFlexible, sequential analysis steps
InteractionFilters, metrics, and pre-built visualizationsSelf-service, natural language, and AI support
Role of Business UnitsUsing reports and formulating requirementsExploring data independently within clear rules
ResultReport, dashboard, or standardized metricEvaluation, visualization, and documented analysis process
FoundationData models, key metrics, and permissionsThe same foundation, extended for exploratory and AI-powered use

How The Way We Work with Data Is Changing

Business Intelligence 2.0 combines different forms of analysis. They complement each other but do not serve the same purpose.

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Self-Service BI

Analyze data yourself within defined rules.

Self-service BI enables business units to analyze data independently and create their own reports. This is done within approved data models, metrics, and permissions. This provides greater freedom in analysis without necessarily leading to parallel definitions or conflicting results.

  • Use approved data models
  • Apply key metrics consistently
  • Create your own views and reports

Data Exploration

Examine new questions step by step based on the data.

Data exploration refers to the interactive examination of data without a fully defined analysis path. Users narrow down the data, compare different perspectives, and use interim results to generate new questions. This is particularly helpful when a dashboard reveals an anomaly but does not yet explain its cause.

Data exploration can reveal potential influencing factors. However, an observed correlation is not yet proof of a causal relationship.

  • Narrowing down and comparing data
  • Check for outliers and correlations
  • Flexibly continue analysis paths

Interactive Data Analysis

Edit results directly and view them from different perspectives.

Interactive data analysis allows users to adjust filters, dimensions, and visualizations during the analysis. Users can examine trends from different perspectives and respond immediately to new insights. This makes the analysis process more flexible than a report view that is based solely on predefined settings.

  • Adjust filters and dimensions
  • Modify visualizations
  • Share and reuse insights

Conversational Analytics

Phrase analysis questions in natural language.

Conversational Analytics makes it possible to ask data-related questions using everyday language and the terminology of the respective field. The application maps these questions to approved data models and presents the results in the form of, for example, metrics, tables, visualizations, or summaries.

  • Take company-specific terminology into account
  • Generate queries and visualizations
  • Process follow-up questions in context

What Role Does AI Play in Business Intelligence 2.0?

AI-powered data analysis can interpret questions in natural language, support appropriate evaluations, suggest visualizations, and summarize results. This particularly facilitates analytical pathways that emerge from interim results.

  • Translating analytical questions into queries
  • Suggesting appropriate visualizations
  • Highlight notable trends
  • Summarizing results for different user groups

Analytics agents supplement these functions with multi-step analyses and the controlled use of additional tools. The Data Insights page shows how HMS develops and integrates such applications.

The data foundation is key

AI enhances a robust BI landscape but does not replace a sound business and technical foundation. Reliable results require approved data, understandable data models, consistent metrics, and regulated access. Results with business or regulatory implications must also undergo business-side validation.

What Business Intelligence 2.0 Requires

Greater analytical freedom only works with clear business and technical guidelines.

Consistent Key Performance Indicators

Technical definitions apply across reports and analysis interfaces.

Comprehensible Data Models

Tables, relationships, metrics, units, and domain-specific terms are clearly defined. This semantics helps users and AI functions correctly apply analytical queries to the available data.

Comprehensible Analyses

Relevant data sources, filters, and queries are documented in accordance with the requirements.

Controlled Access

Roles and permissions control data access and analysis functions.

Reliable Data

Quality requirements, update cycles, and responsible data sources are defined. Deviations are identified and addressed according to their business relevance.

Clear Responsibility

Responsibilities are clearly assigned for data, key metrics, analytical applications, and business decisions. AI-generated results are reviewed by the appropriate roles.

When BI 2.0 Becomes Relevant

For Which Companies Is Business Intelligence 2.0 Useful?

Business Intelligence 2.0 is particularly relevant when a solid BI foundation is in place, but business units regularly have to address new follow-up questions. Typical signs include frequent ad hoc queries, manual exports, and a growing need for self-service or natural-language analysis.

It makes less sense to jump right in if key metrics are inconsistent, data ownership is unclear, or access permissions aren’t reliably managed. In such cases, the BI and data infrastructure should be improved first.

Typical Application Areas

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Management Reporting

Classify variances by time period, region, or product line.

Controlling & Finance

Examine variances between planned and actual figures, margins, and forecast assumptions.

Sales

Analyze changes by customer group, region, or product category.

Operations

Check process data for bottlenecks, outliers, and recurring patterns.

Regulated Environments

Document and verify accesses, changes, and relevant analysis steps in accordance with regulatory requirements.

Technical Ad Hoc Analysis

Investigate new questions directly and supplement reports as needed.

How Do You Implement Business Intelligence 2.0?

The process begins with specific analytical questions. Only then you can decide which database, functions, and architecture are needed.

A typical approach:

Understanding analysis needs and user groups

Determine which decisions need to be supported, where existing reports fall short, and what follow-up questions regularly arise. In doing so, consider who will be using the analyses and what level of subject matter expertise and data literacy is available.

Prioritize use cases

Select a use case that is relevant to the subject matter and clearly defined. The data, responsible roles, and expected results should be specific enough to allow for verification of the use case's value and quality.

Check the database and semantics

Evaluate data quality, timeliness, and source. Additionally, verify that metrics, relationships, units, and technical terms are clearly defined and appropriate for the use case.

Define target architecture, access policies, and governance

Define how data sources, semantic models, analytics interfaces, and AI functions interact. Establish binding rules for roles, permissions, quality checks, documentation, and business approvals.

Test the analytical method under controlled conditions

Test self-service BI, data exploration, conversational analytics, or AI-powered support using realistic questions and data. Review answers, queries, and visualizations from a technical perspective and make targeted improvements to the chosen solution.

Integrate the application and strengthen data literacy

Integrate the application into existing data, IT, and work processes. Empower users to work with data, key metrics, and analytical functions. This also includes critically evaluating results and understanding the capabilities and limitations of AI-powered analytics.

Organizing operations and further development

Define monitoring, support, and responsibilities for production operations. Regularly review data models, key metrics, access, and analysis functions, and gradually integrate additional use cases.

What Is Often Underestimated During Implementation

In addition to tool selection, the implementation process also involves domain-specific semantics, data ownership, and subsequent operations.

  • An AI assistant cannot reliably resolve inconsistent metrics.
  • Increased self-service requires clear responsibilities and understandable data models.
  • A successful prototype is not yet an integrated and operational application.
  • Automated results require appropriate validation and approval rules.

FAQ

Frequently Asked Questions About Business Intelligence 2.0

Answers to key questions about BI 2.0, data exploration, AI-powered data analysis, self-service BI, and natural language data analysis.

No. Reports and dashboards remain useful when questions and information needs recur. BI 2.0 supplements them with flexible analysis methods for new or changing questions.

Not necessarily. Many existing BI platforms can be enhanced with self-service, data exploration, or AI-powered features. Whether an add-on, a custom solution, or a new architecture makes sense depends on data models, user groups, integration requirements, and governance.

BI 2.0 is particularly relevant when a robust BI foundation is already in place and business units regularly address new follow-up questions. If key metrics are inconsistent, data quality is low, or data ownership is unclear, the foundation should be improved first.

Self-service BI enables business units to analyze data themselves within approved models. Data exploration refers to an open-ended analytical process in which new questions and analytical steps emerge from previous results.

Reliability depends on data quality, data models, metric definitions, and access permissions. Results with business or regulatory implications must be reviewed by subject matter experts.

The process begins with a clearly defined need for analysis. Next, the data foundation, key metrics, user groups, access permissions, and technical interoperability are reviewed. A prioritized use case can then be tested in a controlled manner and gradually rolled out into production.

From Classification to Implementation

Practical Development of Data Insights

Business Intelligence 2.0 describes how reporting and analysis are becoming more interactive. On the Data Insights page, you’ll learn how HMS evaluates existing BI and analytics landscapes, develops suitable applications, and integrates them into data models, access permissions, and operational processes.

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