Growth of Business Intelligence in Past Few Years

Running head: ACCOUNTING INFORMATION SYSTEM
Accounting Information System
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Author’s Note

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Table of Contents
Answer to Question 2......................................................................................................................2
Growth of Business Intelligence in Past Few Years....................................................................2
Two Features which are used in Business Intelligence Tools for Decision Making Process......5
Answer to Question 3......................................................................................................................6
Regulations Brought in After the Scandal...................................................................................7
Reference.........................................................................................................................................9

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Answer to Question 2
Growth of Business Intelligence in Past Few Years
There has been significant growth in business intelligence in past five years and the same
is expected to increase further in the coming future. The reason for the increasing trend of
business intelligence is due to the significant growth which is taking place in the business
environment (Li et al. 2013). A graphical representation of the increase in big data trends is
effectively represented below:
Figure 1: Trend of big trend
(Source: Statista.com 2019)
The above figures show the increasing trend of Big data and business analytics all over
the world. The trend which is depicted above is a presentation of the increase in big data and
business analytics on estimated basis for 2015 to 2022. The historical revenues of big data and
business analytics have been on the rise and the same is shown to have increased significantly to
166 billion in 2018 as compared to 122 billion in 2015. Considering the growth rate of business
analytics, it is estimated that the revenue would be 220 billion by 2022. The need and

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requirement of business intelligence system is for the purpose of collection of information which
can then be used for the purpose of taking major decisions regarding the operations of the
business (Arnott, Lizama and Song 2017). Therefore, it can be ascertained that growth of
business intelligence system is good for corporate houses and the same provides helps businesses
to enhance their operations significantly.
Figure 2: Trends of Business Intelligence
(Source: Datapine.com 2018)
The above chart shows growth in different business intelligence tools and this trend has
continued from the past decade. The above chart shows that the application of such tools has
increased in different operations of the business (Peters et al. 2016). The above chart also shows
increase in usage of big data which suggest that there has been significant increase in application
of businesses intelligence systems (Bach, Čeljo and Zoroja 2016). In today’s era, most of the