There are many benefits to self-service business intelligence and business analytics. Many (in fact most) enterprises are going to a self service BI environment that will increase the value of each team member by providing them with easy-to-use BI tools that they can leverage to make decisions, to understanding issues, to share data and plan for the future and to find business opportunities.
If your business is looking for more insight, more targeted decisions and improved revenue and agility, data analytics is a necessary component of your strategy. If you are considering data analytics tools, it is important to consider that a data democratization initiative that will provide self-serve business intelligence tools to business users will reap more benefits than static, restrictive data analytics software that can only be used by data scientists, analysts and IT staff.
The right business intelligence analytics software is a necessity. Gone are the days when guesswork and gut feelings were appropriate tools to manage your business. AND, if you are like most businesses, you are holding every team member accountable for results and for meeting objectives and goals. But, it isn’t enough to fill a conference room once a year or once a quarter and talk about goals.
Data analytics is not just for day-to-day business intelligence. These days, pretty much every business has some form of data analytics software. If your organization has embraced data democratization, you are probably encouraging business users to use BI analytics and, hopefully, your senior executives, middle managers and data scientists are using these BI analytics tools for strategic initiatives, as well.
