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Role of Emerging Technologies Like Blockchain and IoT in Business Intelligence
Abstract
This chapter explores the transformative impact of emerging technologies—specifically Blockchain and the Internet of Things (IoT)—on the evolving landscape of Business Intelligence (BI). As organizations increasingly depend on real-time data for strategic decision-making, the convergence of these technologies with BI is enabling a shift from static, historical reporting to dynamic, predictive, and autonomous analytics. The chapter begins by outlining the architecture of modern BI systems and the role of IoT in enhancing operational intelligence through continuous data streams from connected devices. It further examines how Blockchain ensures data integrity, transparency, and trust within multi-stakeholder environments, while enabling automation through smart contracts. By integrating AI and machine learning, BI systems can process IoT data and Blockchain records to deliver deeper insights and autonomous actions. The chapter presents cross-sector case studies, identifies key implementation challenges such as scalability and interoperability, and offers mitigation strategies.
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