The advent of low-code, no-code app and software development has enabled rapid, innovative changes to all types of development projects and that new environment is evident in Modern Business Intelligence (BI) and Augmented Analytics products and solutions.
Statistics reveal that many people learn best when they see a story or information depicted in an image. Graphs, charts with colors, lines and shapes can often tell a story and communicate issues, challenges and opportunities in a business environment.
According to Forbes, ‘Almost eighty-thousand scientific studies attest that visual images promote retention.’
‘Visualization and presentation formats can include personalized dashboards and visualization techniques, alerts for exceptions and trends, and intuitive, mobile BI dashboards.’
Let’s consider a few examples of data presentation to illustrate how images, graphs, charts and visualization techniques can improve data understanding and retention.
Cross Tabulation – Data presentation consists of categorization of data into groups, such as products, geographies, demographics, etc. It can be very useful in understanding sales results, product pricing response, target audience assessment, etc. Cross tab analytics can help your team understand market research, survey responses, seasonality and other factors.
KPI Reports – Key Performance Indicators (AKA KPI) can provide metrics in a dashboard environment that is easy to understand, so users can monitor and manage success factors, and quickly see where there are problems. KPI reporting can be used to identify and capitalize on opportunities and to adjust to challenges in the market and within the walls of the organization.
Custom Print Presentations and Reports – Every organization has a need for custom reports. Needs vary from division to department to user, and these needs can be expensive to accommodate. Custom reports to present data for decision-making, or to monitor results on an ongoing basis are crucial to the organization. But if the enterprise has to ask IT or business analysts or data scientists to satisfy the need, they are losing productivity, time and efficiency. By giving users the ability to design, format and product reports for a particular staff meeting or project, the enterprise can keep the process moving and ensure that the team has what they need to gather, analyze and understand results in a meaningful way. Custom formats might include customer statements, management reports, compliance reports, project templates, etc. Users can present data in a clean, colorful, attractive way to satisfy customers, partners, suppliers, executives and team members.
‘According to Forbes, ‘Almost eighty-thousand scientific studies attest that visual images promote retention.’
These are just a few examples of reporting formats and types, and how they might help your enterprise. Other types of visualization and presentation formats can include personalized dashboards and visualization techniques, alerts for exceptions and trends, and intuitive, mobile BI dashboards.
Team members, managers and executives typically think of reporting and presentation as boring, detailed and unintelligible. They rarely see the value in using data to make decisions when, in fact, this approach is the wisest and produces the best results. But it is understandable that the staff, customers, partners and suppliers would cringe when a report is placed in front of them, emailed to them or presented on a screen.
What if you could create, format, present and share data in a way that quickly communicated results, delivered a message, identified an issue or illustrate dan opportunity? Change the way your enterprise uses and interacts with data, with clean, clear, concise, elegant and colorful presentation.
Explore the benefits of Smarten Reports, and Pixel Perfect Print Reports and the use of this this seamless PDF Pixel Perfect Reports Solution, and the Smarten suite of Augmented Analytics can support your business users with self-serve tools that are intuitive and will encourage user adoption and fact-based decision-making.
Original Post : How Can Data Visualization Help Me Achieve Business Results?
There are many business issues surrounding the use of data to make decisions. One such issue is the inability of an organization to gather and analyze data. These enterprises will typically focus on building a team of data scientists or business analysts to help with this task OR they might take on an augmented analytics initiative to provide access to data and analytics for their business users. This is where businesses will often face a second issue; namely that the analytics solution they choose is not designed to easily and quickly provide insight into data and to ensure data quality.
Business Intelligence (BI) is the lifeblood of an organization. Without business intelligence, the enterprise does not have an objective understanding of what works, what does not work, and how, when and where to make changes to adapt to the market, its customers and its competition.
You may be interested to know that TechJury reports seven out of ten businesses rate data discovery as very important, and that the top three business intelligence trends are data visualization, data quality management and self-service business intelligence.
As the Business Intelligence solution market evolves, it may be difficult for an organization to know when to invest in these tools, and which tools are best for enterprise and user needs.
Gartner research reveals that, ‘data literacy will become an explicit and necessary driver of business value, demonstrated by its formal inclusion in over 80% of data and analytics strategies and change management programs.’ When businesses adopt and embrace business intelligence and augmented analytics, the expectation is that the enterprise will benefit by improving data literacy as well as productivity.
But if your business wants to make the most out of BI tools and augmented analytics, it is important to choose the right solution; one that is easy to use and will provide clear results – results business users can leverage to make decisions and to plan accurately. To understand the results and whether policies, processes and tasks are effective, your organization must establish metrics, and those metrics must also be clear.
‘Key Performance Indicators (KPIs) are crucial to this feature set, as they provide critical metrics that enable the business to discover and manage results objectively and to adapt and change quickly and effectively.’
A solution that provides easy-to-use, multidimensional key performance indicators (KPIs) will allow your team to establish metrics that are unique to your needs and to your industry and market and help the enterprise understand how the business measures up in the competitive market, how well the products and services are faring with customers and whether workflow and business processes are having the desired effect.
‘When your business chooses a BI tool, it is important to choose the right solution; one that is easy to use and will provide clear results – results business users can leverage to make decisions and to plan accurately.’
If your business wishes to improve data literacy and productivity by implementing or upgrading a Business Intelligence or Augmented Analytics solution, it is imperative that you review the available modules, tools and features to ensure that the solution provides easy-to-use, sophisticated functionality that is suitable for your business users. Key Performance Indicators (KPIs) are crucial to this feature set, as they provide critical metrics that enable the business to discover and manage results objectively and to adapt and change quickly and effectively.
Choose a Business Intelligence Reporting Solution that include Multi-Dimensional Key Performance Indicators (KPIs). Provide business intelligence that your IT team can easily implement and support, and a solution that business users will want to adopt. Choose flexible, agile business intelligence solutions that can be used at all levels to collaborate, share data, and report and communicate with clarity. Self-Serve BI Tools can provide your business with the foundation to achieve your data democratization and user adoption goals.
Original Post : Multidimensional KPIs Provide Easy-to-Use, Objective Metrics!
If you are considering a Business Intelligence solution or BI tool, or if you wish to upgrade your business intelligence and reporting tools, look for a solution that has self-serve cross tabulation, or cross-tab reporting. Cross-Tab reporting reveals the relationship between two factors or targets. This analytical tool can be used for side-by-side comparisons and to compare results for one or more data points, variables, or targets.
Did you know that, by some estimates, data-driven businesses are nearly 25% more likely to acquire customers? If you can give your team easy-to-use BI tools with self-serve cross-tab reporting, you can put the power of market and customer knowledge in their hands!
‘Business Intelligence solutions with self-serve cross-tab reporting can provide an intuitive, clear method of data analysis for your business users by revealing relationships in a way that makes the results clear and helps the organization to make the best decisions.’
In this article, we discuss the value of self-serve BI tools with Cross-Tab capabilities and the benefits of this type of focus and insight.
Cross-tab reporting allows for intuitive use by business users with average technical skills, and can be beneficial for all types of business functions and industries. In an educational setting, a university or school might use cross-tab reporting to analyze teacher or course evaluations, looking at the relationship between student satisfaction and the subject, the class time, class location and other factors. Businesses can analyze team and employee satisfaction and attrition by looking at job location, benefits, the results of exit interviews, available training, and support, etc. Cross-tab reporting is frequently used in market research to analyze the various factors that relate to product or service satisfaction, including product features and options, where and how the product is sold, the sales and marketing approach, etc. A retail store owner might use cross-tab data analysis to determine customer satisfaction by looking at demographics, the gender of the person buying the product, the price of the product in a particular region, etc.
There are many ways to slice and dice data and many ways in which crucial information can hide inside that data. The self-serve cross-tab reporting approach allows business users to examine relationships among data points and factors, with more clarity and accuracy. This type of analysis provides more clarity and reveals results, interdependent relationships and factors that might otherwise be missed. Users can avoid confusion when working with data and analyze large datasets to reveal frequencies and percentages. With this information, the business can understand the ‘what if’ of the various factors and see how results would change if one factor or relationship is changed.
Self-serve cross-tab reporting simplifies analytics and allows business users to spot trends and patterns and collaborate with other team members to adapt tasks and activities to resolve issues and/or capitalize on opportunities. Using cross tabulation reporting to understand the connection and relationship between two or more factors allows the business to make a decision, with confidence. Rather than guessing the reason for declining results, increased employee attrition or other problems, the enterprise can clearly see what factors (and the relationships among factors) are the cause of a problem and how to change those factors to get better results.
‘If you can give your team easy-to-use BI tools with self-serve cross-tab reporting, you can put the power of market and customer knowledge in their hands!’
Business Intelligence solutions with self-serve cross-tab reporting can provide an intuitive, clear method of data analysis for your business users by revealing relationships in a way that makes the results clear and helps the organization to make the best decisions. By giving your team members these tools, you can leverage domain and industry knowledge and combine data analytics in a day-to-day environment without the need for assistance from data scientists or the IT staff. Self-Serve Cross-Tab reporting produces clear results that are easy to understand and can be used in staff meetings and presentations to support recommendations and help the business become more agile.
Look for seamless Business Intelligence Reporting And Flexible Tools that include self-serve Cross-Tab reporting. Provide business intelligence that your IT team can easily implement and support, and a solution that business users will want to adopt. Choose flexible, agile business intelligence solutions that can be used at all levels to collaborate, share data, and report and communicate with clarity. Self-Serve BI Tools can provide your business with the foundation to achieve your data democratization and user adoption goals.
Original Post : Cross-Tab Reporting Gives Business Users Insight Into Data!
If your enterprise has not already adopted business intelligence tools, it is missing a crucial benefit in competitive positioning and accurate, dependable decision-making. If your organization has implemented BI tools, but you are falling short on user adoption success, return on investment (ROI) and total cost of ownership (TCO), it is probably because the business intelligence solution is not meant to support business users.
PC Magazine says that, as business users are asked to leverage BI tools, the enterprise must focus on simplicity to engender user adoption.
‘When your team can access BI tools that support the way they work and provide meaningful views and features to easily integrate with work and business processes, user adoption is easier and more immediate.’
To achieve your enterprise goals, ensure user adoption and get the most out of your investment, you must focus on two things: user-friendly features and function and sophisticated analytics.
In this article, we list some of the considerations for business intelligence solution selection or product upgrade. This list is meant to help you assess your current solution, and/or review the capabilities of any BI tool you are considering.
The business intelligence tools you select can and should include out-of-the-box, ready-to-use features that are designed to support your applications, your industry, and/or your business function. When your team can access BI tools that support the way they work and provide meaningful views and features to easily integrate with work and business processes, user adoption is easier and more immediate.
‘To achieve your enterprise goals, ensure user adoption and get the most out of your investment, you must focus on two things: user-friendly features and function and sophisticated analytics.’
Look for Ready-To-Use Tools that users will want to adopt. Provide business intelligence that your IT team can easily implement and support, with features your users will readily leverage. Choose flexible, agile business intelligence solutions that can be used at all levels to collaborate, share data, and report and communicate with clarity. Self-Serve BI Tools can provide your business with the foundation to achieve your data democratization and user adoption goals.
Original Post : BI Tool User Adoption Depends on Simplicity!
Change is ever-present, and no more so than in the past three or four years. As COVID has changed the way people work, and the location in which they do their work, the need for mobile BI Tools has grown exponentially. Neither the organization, nor the business users can afford to delay the use of business intelligence tools until they are in the office. Every business must do more with less.
‘Mobile BI should provide data analytics access for all business users and, above all, provide flexible, agile solutions that can be used at all levels to collaborate, share data and report and communicate with clarity.’
Mobile BI tools can provide support for team members as they travel, as they work from home, and as they collaborate with other team members from a client office, an airport, a train station, or a supplier location.
According to recent studies, the single most important benefit of Mobile Business Intelligence is enhanced data visibility. Another way to look at it is to consider the lost opportunities and the many missteps the organization will experience if it cannot make sense of its data in real time and with a comprehensive view into the data it captures across the enterprise.
Don’t try to dictate the type of device, the size of the screen or the resolution. Be sure you choose a mobile BI solution that will satisfy all manner of devices. Choose a user interface (UI) that is responsive and adaptive – one that provides self-serve tools without redesign or restructuring of dashboards for specific devices or screens. You can enhance total cost of ownership (TCO) and improve return on investment (ROI) with tools that are flexible and can be easily used in any environment.
Empower your users with integrated business intelligence tools that provide access to data in an interactive, personalized view and enable data sharing, identification of trends and patterns and user empowerment and accountability. Out-of-the-box mobile BI tools should support your users with tools that make it easier to understand data analytics and use data for reporting, presentation and collaboration with personalized dashboards and reporting and flexible graphs and charts.
‘Be sure you choose a mobile BI solution that will satisfy all manner of devices.’
The right mobile business intelligence solution should allow your users to get started right away without extensive training and at a reasonable cost. It should enable integration of data across disparate data sources so users have access to all the data they need to get a complete and comprehensive picture of business results, the root cause of problems and the opportunities that will provide unique competitive advantage to the organization.
Comprehensive BI Tools and Mobile BI should provide data analytics access for all business users and, above all, provide flexible, agile solutions that can be used at all levels to collaborate, share data and report and communicate with clarity. Simple, Self-Serve BI Tools can provide your business with the foundation to achieve your data democratization and user adoption goals. Let us help you achieve your vision and improve productivity and insight across the organization.
Original Post : Mobile BI Expands the Reach and the Benefits of BI Tools!
The Client is among the top five Food and Beverage (F&B) companies in India with a chain of several leading restaurant brands, and is known for being a trailblazer in its field.
The Client is the largest global manufacturer of Air Coolers. The Client is an India-based Multi-National Company with a presence in over sixty (60) countries. As the market leader, this enterprise enjoys a prime position in the residential, industrial and commercial market segments and its brand is considered synonymous with cooling products in the global market. The Client is a market disrupter in what is a diverse and poorly organized sector and it has set the market benchmark with 201 trademarks, 64 registered designs, 15 copyrights and 48 patents, thereby setting the gold standard for air cooling in the global market.
