Data Democratization is Important. So Are the Right BI Tools!

Select the Right BI Tools and Succeed with Data Democratization!

Do you know what Data Democratization is? It’s simple, really. Data Democratization is the purposeful approach to cascading and integrating data into the daily workflow of business users to provide access to crucial information and the tools to analyze and understand that data and use it to make confident decisions. Instead of holding data in silos that are only accessible to IT, business analysts, data scientists and management, the enterprise recognizes the value of providing team members with the right information to do their job and contribute to the bottom line.

‘To succeed in data democratization, you need BI tools that provide data analytics access for all business users.’

Gartner predicts that, ‘75% of organizations will…deploy…multiple data hubs to drive mission-critical data and analytics sharing and governance.’ The key here is the ‘analytics sharing’ piece of the statement!

In order to fulfill the promise of this approach, your enterprise must employ business intelligence solutions that are easy-to-use and designed for business users, without advanced technical skills or advanced analytical skills. These tools allow your team members to engage in analytics and enjoy data democratization without the frustration of leveraging solutions designed for data scientists or IT staff.

Data Democratization Can Succeed with the Right BI Tools

Here are a few considerations to give you an idea of the kinds of things you will need to support your data democratization initiative. These factors are crucial to success, as they ensure that your users can and will adopt the BI tools you select to enjoy the new data access you have given them. Without these, you run the risk of spending the time and money to provide access and achieving poor return on investment (ROI) because of poor user adoption.

Embedded BI – By embedding business intelligence into the enterprise apps your users love, you can encourage data democratization and analytics in a single sign-on environment. Users do not have to sign in to multiple systems or move data around. They can start with the data within the ERP, HR, Finance or other system and perform analysis from within that system. Make it as easy as you can, and users will be happy!

Mobile BI – Don’t make your users sit at their desk in an office to use the BI tools. Make these tools accessible from the office and on the road, at home and in a client location or hotel. If you want your users to see the value in data democratization and you want to achieve your goals for this initiative, you must give your users the tools they need WHEN THEY NEED those tools.

Business Intelligence with Seamless User Access and Security – Data democratization does NOT mean throwing caution to the wind. Data must still be secured and accessible to users for the things they need to see, but not for the things they are not eligible to see and not in an environment where data security and privacy are at risk. To democratize your data, you must also ensure data governance, security and access standards and requirements are met.

Natural Language Processing – Make the augmented analytics and BI tools intuitive. Democratized data is no good if the users need an advanced degree to access the data. Natural Language Processing (NLP) allows your users to access data in a familiar way, with a Google-type search interface where they can ask questions using regular language and receive answers in a way that is easy to understand. If they can search, query and find information easily, they are more likely to a) use the system and b) understand the information they produce and make the right decisions.

Tools Designed Specifically for Business Users – The solution you select should be designed for business users, not for data scientists, business analysts, IT or statisticians. While you want the data democratization initiative to expand the skills and knowledge of your team, you do not want them to need advanced skills or training. Select a system that can be adopted and used within minutes – not months. Users want sophisticated functionality in an easy-to-use environment. That is important!

‘If you want your data democratization initiative to succeed, select tools that allow your team members to engage in analytics without the frustration of leveraging solutions designed for data scientists or IT staff.’

There are other considerations but, if you address the ones we have highlighted in this article, you will be well on your way to achieving your data democratization goals and ensuring that your users adopt the solution you select.

BI Tools should provide data analytics access for all business users. 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 : Data Democratization Can Succeed with the Right BI Tools!

KPIs and BI Dashboards Must Be Interactive!

Key Performance Indicators and BI Tools to Support Your Business with Dynamic, Interactive Features!

There is no room in today’s business world for speculation or guesswork! Whether you are presenting to your Board of Directors, making a recommendation to your management team, or pitching a new product or idea, objective, provable results and information are required. In order to succeed in business, team members must have access to tools that allow them to establish and monitor key performance indicators (KPIs) with measurable results so that the business can adapt to change, alter and adjust activities and tasks that do not provide successful outcomes, and build on success using models that have historically proven to achieve results.

‘Take the time to select a business intelligence solution that will advance your business interests and provide clear insight and help you to measure results.’

According to recent research, businesses use one of the following methods to capture and measure key performance indicators (KPIs): Spreadsheets, Dashboards and Reporting Tools, BI and Analytical Software.

In fact, the option that is likely to provide the most success is one that will eliminate human error in data entry and calculation of formulae and metrics. That would seem to suggest that a BI and Analytical software tool is the best way to establish and manage KPIs. But the sheer volume and complexity of enterprise data, distributed across the organization can be overwhelming.

BI Tools Should Have Multidimensional KPIs & Slice and Dice

Here are some important considerations for your business that will help you to choose the right BI tools and KPI features:

  • By gathering and integrating data from disparate systems and selecting a business intelligence solution that incorporates augmented analytics suitable for business users, the business can create a foundation upon which to build its success.
  • When selecting a BI tool, be sure to look at the capabilities provided for managing key performance indicators. With the right approach, the enterprise can achieve measurable and clear insight into key business objectives, so you can set goals, develop strategies to achieve these goals and objectively evaluate your performance and progress.
  • Look for business intelligence software that allows business users with average technology skills to define KPIs using an easy-to-use, powerful expression engine and to set polarity, frequency and threshold levels using a browser-based interface.
  • Avoid static reporting that will frustrate business users and instead give them interactive tools that are dynamic and will allow them to explore, slice and dice and get to the heart of the matter. KPIs should not be limited to static monitoring.
  • Choose KPI Analytics that provide interactive options to change frequencies, dimension break downs and drill down to further analyze trends, and reasons for performance and non-performance.
  • Remember that KPI tools are designed to be used. If you want your users to adopt these tools and use them on a daily basis, you will need an easy way to measure results and to make adjustments to workflow, processes and activities and adjust KPIs as appropriate. This method of continuous monitoring and management ensures that users can resolve issues and capitalize on opportunities as they arise.

‘A BI and Analytical software tool is the best way to establish and manage KPIs.’

Your business management team understands the need for clear, objective metrics. Be sure you take the time to select a business intelligence solution that will advance your business interests and provide clear insight and help you to measure results, adapt to the changing market and create an environment of continuous improvement.

BI tools with Multidimensional Key Performance Indicator (KPIs) features should provide data analytics access for all business users. Simple, self-serve BI tools can provide your business with the foundation to achieve your goals. Let us help you achieve your vision and improve productivity and insight across the organization.

Original Post : BI Tools Should Have Multidimensional KPIs & Slice and Dice!

Use a BI Tool with Cross-Tab Deep Dive Features!

Why It’s Important to Include Cross-Tab Deep Dive in Self-Serve BI Tools!

When a business decides to implement a self-serve business intelligence (BI solution, it must ensure that the tools really are ‘self-serve’ and that they provide the flexibility and agility to give power users the ability to create and analyze, and business users with average technology skills the ability to quickly and easily understand the augmented analytics tools they now have access to, and to use those tools to the benefits of the team and the organization.

Is Mobile BI Crucial for Business Success?

The Mobile BI Market is Growing! Make Sure You Select the Right Solution

In today’s mobile society, no enterprise can afford to overlook the importance of mobile access for business applications. Your team may be working remotely, or out of the office meeting with clients or a sales team. Whatever the case, mobile access to apps is crucial to productivity and collaboration. Business Intelligence solutions are no exception!

‘If the mobile BI solution is not flexible and seamless so that it operates on all devices; if it does not provide all features and functionality in a mobile environment, business users will be frustrated.’

According to recent research, the global mobile analytics market is projected to reach $28 million USD within the next decade. The reasons for that growth include an expanded interest in data democratization and the use of analytics among team members throughout the business organization, as well as a need for mobile access to optimize resources and ensure productivity.

The choice of solution is key to success and any mobile BI solution the business considers must support both Android and iOS, and operate in a ‘design once, use anywhere’ approach that accommodates desktops, tablets, and smart phones with an intelligent, adaptive user interface (UI) that supports any screen resolution and any size screen with seamless navigation and performance.

Mobile BI Ensures Access to Critical Data for Business Users

Anytime, Anywhere – Team members are more tech savvy today and they will not accept or adopt solutions that are restrictive or cumbersome. A mobile business intelligence solution must provide support for a fast-paced work environment and support users in the office and on the road.

Designed to Support Growth and Change – The mobile BI solution must support growth and be flexible to expand user volume, multiple locations and changes in business processes, reporting needs, etc.

Integrated Data Access – The mobile BI solution must be easy to use and operate out-of-the-box without customization to enable access to data for analytics, working across disparate data sources to serve seamless, clear information on mobile devices.

Comprehensive Features – Features should include the ability to personalize dashboards, report features including graphs and charts and key performance indicators (KPIs). Solutions that restrict access to all features on mobile devices will not serve your business users well.

‘The choice of a mobile BI solution is key to success. It must support both Android and iOS, and operate in a ‘design once, use anywhere’ approach that accommodates desktops, tablets, and smart phones with an intelligent, adaptive user interface (UI).’

It is important to understand that simply having mobile access is not enough. If the mobile BI solution is not flexible and seamless so that it operates on all devices; if it does not provide all features and functionality in a mobile environment, business users will be frustrated and are not likely to adopt and use the solution on a daily basis which will negatively impact return on investment (ROI).

Mobile BI and Business Intelligence solutions should include tools and techniques that make it easier to achieve data literacy and provide data analytics access to all business users. Simple, self-serve BI tools can provide your business with the foundation to achieve your goals with features and tools like Social BI, Embedded BI, etc.  Let us help you achieve your vision and improve productivity and insight across the organization.

Original Post : Mobile BI Ensures Access to Critical Data for Business Users!

Business Users Need Personalized BI Tools & Dashboards!

Flexible Dashboard Software Can Deliver Business Intelligence to Business Users!

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.

Compete at a Higher Level with Self-Serve BI Tools!

Put the ‘I’ in Business Intelligence with BI Democratization!

If you think Business Intelligence solutions are just for business analysts, data scientists or IT professionals, you are missing the real intent of business intelligence. Business Intelligence is, by its nature, supposed to inform the business and make it easier to make the right decisions and drive your business forward but if 90% of your users have no access to real, clear information, you are missing most of the advantages and tying up your team in red tape, delayed decisions and endless requests for information. You are shackling your analysts, data scientists and IT team by burying them under those requests for information and using precious time they might be spending on strategic and crucial initiatives.

Get the Right BI Tools and Make Business Users Happy!

Want to Improve Data Literacy and Data Democratization? Use the Right BI Tools!

When you want to democratize data and help your business users function at a higher level; when you want to improve the quality of decisions; when you want to optimize the analytical and data scientist resources you have and make them more productive, you have to look at the business intelligence solutions that are designed to support every team member. Most of your team members are professionals with specific knowledge and that knowledge should be giving you a market advantage and should be dedicated to doing the job and filling the role you need the team member to fill.

BI Tools and Cross-Tab Analytics Provide Clarity!

BI Tools with Cross-Tab Analytics Allow a Clear View of Results!

When you consider data democratization and rolling out a BI tool or analytical solution to your team members across the enterprise, you have to think about how to ensure that team members can easily adopt analytics and use them in their day-to-day tasks with a clear understanding of the results.

BI Solutions Are No Longer Just for Data Analysts!

What is Business Intelligence? It Doesn’t Have to be Complicated!

What is business intelligence? Business intelligence is a body of intelligence gleaned from data and information within your business enterprise. It is comprised of the strategies, data and technologies and brought together for the purpose of data analytics. BI technologies are used to provide historical, current, and predictive views of business operations and to help make fact-based decisions.