Tag: Business Intelligence Solution Ahmedabad

Support Enterprise Agility with the Right Self-Serve BI Tools!

author_img
by |
April 6, 2023

Enterprise Agility and Adaptability Are Crucial. The Right BI Tools Can Help!

Gartner research states that, ‘90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.’

Whether yours is a small or a large business, your success today depends upon your agility and adaptability and those characteristics also apply to your data and your information.

If you are to build a flexible business environment, you must have tools and solutions that allow you to monitor and manage data and information and use that data to make fact-based decisions.

‘Comprehensive BI Tools 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.’

When considering a business intelligence (BI) solution, choosing a self-serve tool serves two purposes:

Choose Self-Serve BI Tools to Support Business Success

Support for the Organization and Users

A business can provide software and tools for users, but if those tools are not user-friendly, or if team members do not perceive their value, they will not adopt the solution into their business processes. In order to ensure that the organization can expect a good return on investment (ROI) and a low total cost of ownership (TCO), the enterprise must select a BI tool that is useful to the team and can easily be applied to satisfy the needs of their role and their responsibilities. The tools must also provide self-serve tools that offer comprehensive predictive analytics, key performance indicators (KPIs), flexible reporting, self-serve data preparation, deep dive analytics, mobile BI and social BI. This foundation will allow business users to improve data literacy and perform analytics with confidence, thereby improving fact-based decision-making.

Flexibility and Agility

When the organization selects business intelligence tools that are flexible, users can leverage personalized dashboards and customize their use to serve the needs of their role, their team and their business unit. The ability to adapt quickly by finding the root cause of a problem, spotting a trend and addressing that trend or identifying an opportunity to improve competitive advantage can provide an edge in the market and allow the organization to move quickly. Users can collaborate and share data to make decisions and recommendations and suggestions are clearly supported by data, so there is no hesitation or delay.

‘If you are to build a flexible business environment, you must have tools and solutions that allow you to monitor and manage data and information and use that data to make fact-based decisions.’

Comprehensive BI Tools 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 : Choose Self-Serve BI Tools to Support Business Success!

BI Tools Provide Benefits and Challenges!

author_img
by |
August 3, 2022

Understand the Benefits and the Challenges of a Business Intelligence Strategy!

If you follow industry and business publications, you know that analytics are taking the lead in business strategy. Gartner states that, ‘90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.’ If your enterprise is implementing a business intelligence and analytics strategy, it is important to plan carefully and to understand the real benefits as well as the challenges of choosing the right BI tools and deploying these tools to users in a way that will ensure optimal user adoption and leverage of analytics to achieve the results you need.

‘Your business should carefully assess requirements and plan for expected user adoption by selecting a BI tool that will offer the features, ease-of-use and functionality your team members need.’

In this article, we provide examples of the various benefits of BI tools for specific business functions and some of the technology and user challenges you will face as you consider your options and plan for implementation.

Address the Challenges and Achieve the Benefits of BI Tools

No matter the business function, there are benefits to implementing a business intelligence strategy that will deploy these tools to your team members. Here are some examples:

Benefits

Finance – Your organization will be more efficient and profitable, with Ready-to-Use Dashboards, Analysis, and KPIs designed especially for the Finance domain. This business intelligence solution includes interactive Dashboards that allow users to perform intuitive, easy analysis of key metrics including Profitability, Accounts Receivable, Accounts Payables, Cash Flow Analysis, Past Due Invoices, Balance Sheets, Income Statements and more!

Inventory – Inventory business function allows users to accurately plan and optimize inventory. Interactive Dashboards track item movement, compare sales to closing stock, and monitor warehouse stock and value, and answer critical questions regarding stock turnover ratio, seasonal buying, back-order assessment and safety stock to prevent lost sales. Users can analyze inventory levels to effectively manage stock based on the buying behavior of customers.

Purchasing and Procurement – Allows users to view and analyze spending details, analyze procurement data, drill through data to analyze issues, measure performance, identify savings opportunities, and track supplier performance. Identify reliable trading partners, analyze supplier cost, perform purchase rate comparisons, reveal trends, identify top/bottom vendors, and achieve timely insight into spending patterns and trends across all departments.

Production – Quantify and visualize data at the operational level to make fact-based decisions. Analyze Output, Reduce Labor Costs, Maintain Inventory Levels, Optimize Equipment Performance, Monitor Rejection Ratios and Downtime, and take action before problems arise to mitigate risk, and capitalize on opportunities. Publish automated reports to monitor and manage plant performance and provide management with quality metrics and relevant data.

These are just a few examples of how business intelligence can be used within a business function, department or business unit to benefit business users and to help the organization make fact-based decisions, spot trends and patterns and opportunities, and identify the root cause of problems.

If you want to take advantage of all of these benefits and ensure success of your business intelligence initiative, your business should carefully assess requirements and plan for expected user adoption by selecting a BI tool that will offer the features, ease-of-use and functionality your team members need.

Technology and User Challenges

Social BI

Your team members are also consumers and outside of the office they are used to a collaborate and social experience. By engaging in Social BI, your team can champion data sharing, collaborate on creative ways to analyze data and make quick work of data analytics, with tools that allow the user to ‘like’, ‘share’ and leverage other social tools and networking techniques.

Mobile BI

Not every BI tool provides real mobile business intelligence to accommodate every type of device, screen size and resolution. Choose a solution that has a Responsive and Adaptive UI engine, so you can roll out BI tools on any Desktop, Tablet or Smartphone without any device specific development. ‘Design once, Use anywhere’ concept in true sense.

Personalized Dashboards

Business users will not adopt a solution that limits them to predefined dashboards. Each user has a need to see and use data in a different way. Be sure to select a solution that allows your users to work in a way that is meaningful to them.

Interactive, NOT Restrictive

Choose a solution that will allow users to leverage deep dive analytics. There is no way an organization can anticipate every question or type of analytics a business user will need to incorporate into decision-making. Provide truly interactive tools that will assure user adoption and make your organization more agile.

Ease-of-Use

Advanced Data Discovery allows business users to perform early prototyping and to test hypothesis without the skills of a data scientist. Advanced Data Discovery ensures data democratization with Self-Serve Data Preparation, Smart Data Visualization and Plug n’ Play Predictive analysis that can drastically reduce the time and cost of analysis and experimentation.

‘No matter the business function, there are benefits to implementing a business intelligence strategy that will deploy these tools to your team members.’

Ready-To-Use Business Intelligence tools can support data democratization and improve your business results. If your business understands the challenges of implementing a business intelligence solution and adequately plans for implementation and user adoption, it can leverage the benefits of these tools and solutions and ensure success. Let us help you achieve your vision and improve productivity and insight across the organization.

Original Post : Address the Challenges and Achieve the Benefits of BI Tools!

The Right Mobile BI App Can Produce Results!

author_img
by |
July 6, 2022

Your Enterprise Can Leverage Mobile BI to Achieve User Adoption and Enterprise Results!

Gartner has predicted that ‘augmented analytics will be ubiquitous, but only 10% of users will use it to its full potential.’ Perhaps one of the most important aspects of user adoption is to provide the business intelligence tools at the place and time the user needs them. That means that a solution considered by the organization must be one that supports mobile devices.

‘The organization should look for a ‘design once, use anywhere’ approach that allows for maximum flexibility.’

In this article, we discuss how the organization can assess and choose the right Mobile BI solution to ensure optimal results and user adoption.

Choose the Right Mobile BI App and Get Results

Convenient Access for Users

The augmented analytics, business intelligence solution that offers out-of-the-box mobile access for all types of mobile devices, tablets and desktops allows users to perform analytics, collaborate and report on the road, in the office, in hotels – in short, anywhere. With mobile BI support, the enterprise can provide a self-serve BI tool that encourages user adoption and supports data democratization and analytics for all team members without expensive customization or restrictive dashboards or reports. The Mobile BI solution that supports all devices and screen sizes allows users to access analytics using any device they leverage for work-related activities.

Dependable Performance to Support Technology Infrastructure and Future Needs

The enterprise must assess its business intelligence needs and plan for the future but not every evolutionary path is predictable. So, a Mobile BI tool that supports current and future data and user volume is an imperative. The organization should look for a ‘design once, use anywhere’ approach that allows for maximum flexibility. As devices change and evolve and users, locations and data changes, the organization can meet its needs without additional licensing or developmental costs.

Integrated Mobile BI Tools

If the augmented analytics solution and BI tools are comprised of comprehensive features to allow for easy-to-use dashboards, reporting, and graphs, charts and key performance indicators (KPIs), those features must be designed to seamlessly display and function on any type of device, any screen and any resolution, so users are not frustrated and access is simple and intuitive.

‘Perhaps one of the most important aspects of user adoption is to provide the business intelligence tools at the place and time the user needs them.’

Find out how Mobile BI And Augmented Analytics can support data democratization and improve your business results. Let us help you achieve your vision and improve productivity and insight across the organization.

Original Post : Choose the Right Mobile BI App and Get Results!

Prepare for Success with the Right BI Tools!

author_img
by |
May 10, 2022

4 Things to Know to Prepare for BI Tools and Data Democratization!

The days of data silos and exclusive data access are over. Data Scientists and business analysts are still an important component of the business and IT teams are still crucial to the success and stability of the organization BUT if you are thinking that these roles are still responsible for day-to-day analytics and delivering every bit of data analysis to the enterprise, your business strategy needs an upgrade!

Continue reading “Prepare for Success with the Right BI Tools!”

Self-Serve BI and Augmented Analytics Has Many Rewards!

author_img
by |
March 22, 2022

Address the Challenges and Enjoy the Benefits of Self-Serve BI Tools!

If you are a business manager, senior executive, IT professional or analytical professional, you are probably well aware of the emergence of business intelligence solutions, BI tools and augmented analytics for business users. In all likelihood, you have been hearing about these trends in annual conference and industry journals. If your business has not yet adopted such an initiative, it is likely to do so within the next year. But it might surprise you to know that, world renowned technology research firm, Gartner, predicts that ‘By 2022, augmented analytics will be ubiquitous, but only 10% of users will use it to its full potential.’ Given the focus and effort invested in business intelligence and augmented analytics, this prediction is disappointing, but understandable.

Continue reading “Self-Serve BI and Augmented Analytics Has Many Rewards!”

What is Embedded BI and Why Does Your Business Need it NOW?

author_img
by |
November 2, 2021

Embedded BI and Augmented Analytics WILL Improve User Adoption, ROI and TCO!

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.

Continue reading “What is Embedded BI and Why Does Your Business Need it NOW?”

Can Business Users Really Use BI Tools?

author_img
by |
September 8, 2021

Don’t Leave Your Business Users Out in the Cold. Give Them BI Tools!

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.

Continue reading “Can Business Users Really Use BI Tools?”

Case Study : Smarten Augmented Analytics Delivers COVID-19 Data Management & Analytics for U.S. Healthcare Business

author_img
by |
August 19, 2021

Case Study - Smarten Augmented Analytics Delivers COVID-19 Data Management & Analytics for U.S. Healthcare Business

The Smarten Partner is a healthcare service provider in the United States, providing a web-based, patient-centric, healthcare management solution and workflow solutions to assist hospitals and healthcare facilities, increase operational efficiency and reduce costs. One of the Partner Clients is a multispecialty physicians group offering medical management clinical research and other primary and urgent care services. This Client offers COVID-19 vaccination programs with services including COVID testing and vaccination management.

###

Continue reading “Case Study : Smarten Augmented Analytics Delivers COVID-19 Data Management & Analytics for U.S. Healthcare Business”

Give Your Business Users Simple Augmented Analytics!

author_img
by |
February 24, 2021

Business Users Don’t Have to Be Data Scientists (But Basic Knowledge is Great)

When you launch an analytics solution within your enterprise, you are probably concerned about getting your business users to adopt that solution. If you can’t engage the business user and achieve user adoption, your return on investment (ROI) will be poor!  But, it is important to understand that the right augmented analytics solution can provide the structure and foundation for business users without requiring them to have a sophisticated knowledge of algorithms and analytical techniques.

Continue reading “Give Your Business Users Simple Augmented Analytics!”