Have you heard of Embedded BI? Do you know what it is? If not, your business is missing a lot. Embedded BI provides a lot of potential for your business to enable Citizen Data Scientist initiatives and data democratization, improve data literacy across the enterprise and make better business decisions.
When choosing a BI tool and augmented analytics solution for your business, one of the most crucial concerns is the features and functionality of the prospective solution and how this solution will meet user and organizational needs. It is important to remember that there are also specific features a business should consider, like embedded BI and easy-to-employ Integration APIs, that will assure user adoption and appropriate ROI and TCO.
When a business considers business intelligence and augmented analytics initiatives, it should include Embedded BI and Integration APIs to improve ROI, TCO and user adoption. If an enterprise does not understand the risks of data silos, and restrictive analytics solutions, it is not likely to make the right choices. With appropriate planning and execution, businesses can create a solid foundation, and provide benefits for all users, managers and IT staff.
When I speak to friends and colleagues about reaping the benefits of business intelligence, they are often frustrated by the inability to a) access data and build reports and insight without the assistance of IT or analysts or b) access tools that allow them to use a BI tool or solution in a way that is meaningful to them. In other words, they either have NO access to business intelligence tools or they have access but those BI tools are restrictive and provide no flexible, agile way to gather, see and analyze data for the type of role they perform within the organization.
Business Intelligence is mandatory! Without intelligence you have no insight into your customer buying behavior, your competition or your organization. In order to achieve business intelligence in today’s environment, you need modern BI tools and augmented analytics that is suitable for your business users.
Don’t underestimate your business users! They have market, domain and professional expertise that add value to the organization and, with the right BI tools and features, business users can gather, analyze and make decisions using data from all across the enterprise. You don’t have to leave the business intelligence and analytics efforts to IT or business analysts or data scientists.
Business Intelligence drives business success. Being able to gain insight out of all the data in your enterprise is crucial to business success today. Your competition is always thinking of new ways to succeed and so should you! If you can provide your business users with BI tools and a simple, easy-to-use BI Dashboard, you can use these BI tools and solutions to achieve results and move your business forward.
So you are dreaming of a business intelligence solution that will bring together all the data in your enterprise and make it easily accessible for analysis and now it’s time to look at BI tools and solutions. For starters, you’ll want self-serve business intelligence. You don’t want to have to deal with restrictive dashboards and environments designed by your IT team. Your IT team certainly means well, but they can’t possibly imagine all the ways you’ll want to use the system, so you want something that is flexible enough for YOU to use the way YOU need to use it today – a solution that will accommodate what you will need tomorrow too!
Business Intelligence and Analytics is as necessary for small businesses and start-ups as it is for a large enterprise. There is no room for a misstep or a market error in today’s competitive environment. Whether your business is local or global, all online or brick and mortar, government, public sector or consumer focused or playing in a very specialized market, you and your team need business intelligence and analytics tools.
Business intelligence and analytics is not just for data scientists or IT professionals anymore. If your business is going to be successful, it must compete and it must solve problems, find opportunities and plan with accuracy. There is no time for a misstep in the market!
