Tag: Embedded Business Intelligence

Embedded BI Simplifies Business User Analytics!

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September 10, 2024

Use Embedded BI to Encourage Business User Analytics Adoption!

Today, even the smallest business depends on technology and software to manage the business process, capture data and move the enterprise forward. No matter the size of a business, executives and managers now realize the value of providing analytics to make decisions. In the past, the analytics process was the sole domain of IT, business analysts and data scientists but today, organizations know that data democratization and data literacy are key to business performance and to keeping pace with the market and with changing customer buying behavior.

In order to accommodate this need, the business must provide easy-to-use analytics solutions that offer sophisticated functionality and features in an intuitive environment so team members can embrace analytics and willingly adopt these solutions.

‘Embedded BI brings the power of analytics closer to the user and allows them to use popular software and apps to achieve analytical goals with a single sign-on approach.’

If you want to take advantage of this approach, there is a consideration you should include in your strategy – and that consideration might surprise you. Consider the number of applications and software products your team uses to complete tasks and to find information. Did you know that, by some estimates, team members lose up to ten (10) percent of their time switching tasks and applications. One of the most frustrating realities an employee can face is trying to gather and analyze data. Suppose you want to analyze sales for a particular location, or a particular sales team for a certain period of time. In the old technology world, you would have to export the data, or you might use an integrated analytics solution and gather the data there by choosing the fields you want to analyze.

Embedded BI Gives Business Users Access to Intuitive Analytics Within Familiar Applications

Today, you can use Embedded Business Intelligence (BI) to find and analyze data without ever leaving the confines of your sales software. Embedded BI is designed to embed within a popular, familiar software platform. By placing this capability within a familiar application or software solution, the organization gives its team members access to data, pulling information from the system of origin, integrating and streamlining data processing and reporting time.

Embedded BI brings the power of analytics closer to the user and allows them to use popular software and apps to achieve analytical goals with a single sign-on approach, so they don’t lose time switching between software solutions or exporting and importing data. Users have access to dashboards, charts, graphs and analytical tools, all within the ERP, HRM, CRM, SCM or other enterprise solution. Embedded BI allows users to integrate analytics within workflow and collect and analyze data easily.

When considering an Embedded BI solution, be sure you choose one that accommodates access both in the office and on the road, with mobile access that enables business users to take analytics on the road.

‘In order to accommodate this need, the business must provide easy-to-use analytics solutions that offer sophisticated functionality and features in an intuitive environment so team members can embrace analytics and willingly adopt these solutions.’

You can find out more about the Smarten Embedded BI And Integration APIs solution and add powerful functionality and access to existing ERP, SCM, HRMS, CRM or any other products. Provide analytics capabilities within existing products without major Investment. Your business users and your customers will appreciate the ease-of-use and access and you will gain a competitive advantage. Read our White Paper: ‘Making The Case For Embedded BI And Analytics.’

Original Post : Embedded BI Simplifies Business User Analytics!

Does Embedded BI Support User Decisions?

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June 28, 2024

Where Does Embedded BI Fit in Business Decision-Making?

Recent research reveals five primary benefits for embedding business intelligence into popular business apps and software:

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Embedded BI Can Improve Customer Service!

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April 23, 2024

Using Embedded BI to Improve Customer Service and Satisfaction!

As a software solution product and service provider, you are focused on the common issues your customers face, providing features and functionality that will satisfy the most customers and give you an edge in the market.

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Embedded BI Ensures User Adoption!

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April 9, 2024

Why Should My Business Adopt Embedded BI and Analytics?

There are many reasons to consider adding embedded BI to your enterprise technology landscape. When you are making a critical business decision, one of the factors you probably include is how your competitors and other businesses are addressing the problems you are trying to solve. When making a decision about Embedded BI consider these survey results. Businesses that are currently using embedded BI within their enterprise, report the following:

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Embedded BI Provides Insight Into Enterprise Data!

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March 26, 2024

Embedded BI Can Provide Numerous Benefits to the Team and the Enterprise!

When a business invests in technology, either to buy a best-of-breed solution or to develop their own enterprise apps, there is significant expense. If you are developing your own solution, you are using in-house resources or engaging IT consultants. If you are purchasing solutions off the shelf, you may or may not need customization but, in any case, the solution will cost you quite a bit of money and it will take more funding to support and maintain and integrate that solution.

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Embedded BI and Augmented Analytics Support ISV Partner Clients!

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March 21, 2023

How Can Embedded BI Help ISV Partners Improve Revenue and Market Visibility?!

Recent research reveals that 67% of companies surveyed say time spent in their applications increased after they embedded analytics. Why do you suppose that is?

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

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March 16, 2023

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!

Why Not Embrace the Advantages of Self-Serve BI Tools?

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November 2, 2022

Don’t Be Daunted by the Challenges of BI Tools. Self-Serve BI is the Answer!

Gartner research reveals that, ‘90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.’ As business professionals, we all know that information is power and today, your business users are expected to know more and to keep pace with industry, market and customer changes that will negatively impact the business or have provide potential opportunities. But how do your team members achieve these goals when they are busier than ever, and the changes are coming more rapidly than ever!

‘Simple, self-serve BI tools can provide your business with the foundation to achieve your goals with features and tools like Social BI, Mobile BI, Embedded BI, etc.’

In this article, we will discuss the topic of modern business intelligence tools and solutions and the advantages of providing self-serve tools to your users for day-to-day analysis and intelligence gathering.

Let’s Discuss: Benefits and Challenges of Self-Serve BI

First, let’s look at some of the challenges you will need to consider when implementing self-serve BI tools:

Challenges of Self-Serve BI

  • Technology Access and Infrastructure Readiness – Your IT, finance and management teams will need a comprehensive understanding of your current technology and infrastructure, the data hubs, data warehouses and software solutions (legacy, best-of-breed, ERP, etc.) that will provide the foundational data for your users. You will need a plan and a roadmap to integrate these into your business intelligence strategy. A modern, seamless BI solution can provide a simple solution for what might otherwise be a challenging situation. If you can easily integrate your data sources and make them available for data gathering and analytics, your users can leverage the data to report, share and collaborate.
  • Team Member Adoption and Understanding – Your team will also need an understanding of the average technology skills of your business users and their willingness to adopt new tools and solutions. If your team members perceive that your BI tools are difficult to use, or if they are not educated on the need for and the benefits of self-serve business intelligence, they are unlikely to adopt the new tools. If, on the other hand, they see the value to their role and how it can make them more productive and streamline their work process; if they see that the solution is easy and intuitive to use, your business is less likely to face the challenges of team reluctance.

There are many other challenges and considerations that should inform your BI tools strategy, but these two are perhaps the most important.

Now, let’s consider some of the many benefits of self-serve business intelligence and how it can support your goals and simplify the lives of your business users:

Benefits of Self-Serve BI

  • Social BI – Social BI allows users to champion the use of business intelligence. Power users and those who are curious by nature will create reports, share and collaborate, using easy-to-use tools and thereby encourage others to use the tools and to repurpose report formats etc. to achieve their own goals. Social BI allows business users to share, ‘like’ and perform tasks in a way that is similar to social networking and is therefore popular among business users.
  • Mobile BI – Today’s team members often work remotely, or spend a lot of time on the road. By providing self-serve business intelligence that is intuitive to use and accessible on Android and iOS devices, the business can ensure that users will have seamless access and can accomplish tasks, search for information, share and collaborate, without missing a beat!
  • Data Democratization and Data Literacy – If you want your team members to grow and add more value, you want to encourage data literacy and ensure data democratization. Move away from restricted data access and sole ownership of analytics by data scientists, IT and business analysts. Provide easy-to-use tools that allow for simple search analytics in a Google-type environment and will make it easier for reluctant business users to embrace your new BI solution and develop new data analytics skills they can use for fact-based decisions.
  • User Adoption – There is nothing more frustrating than spending the time and money to implement a new solution, only to find that your users are resistant to using that solution. With true self-serve BI tools and intuitive data visualization, reporting, analytics and access, users will want to adopt the tools and share their discoveries with other team members.
  • Embedded BI – If you want to leverage existing technology, improve your Return on Investment (ROI) and Total Cost of Ownership (TCO) for your current solutions and infrastructure, consider that self-serve BI tools can be embedded into existing solutions. With embedded BI with Integration APIs, users can leverage familiar, favorite software solutions in a single sign-on environment, and find information within those solutions without having to learn complicated new techniques or fighting with data silos and transferring data from one place to another.

There are many other advantages to Self-Serve Business Intelligence. This short list should give you some ideas of how you can leverage these tools in your own business landscape.

‘As business professionals, we all know that information is power and today, your business users are expected to know more and to keep pace with industry, market and customer changes that will negatively impact the business or have provide potential opportunities.’

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, Mobile BI, Embedded BI, etc.  Let us help you achieve your vision and improve productivity and insight across the organization.

Original Post : Let’s Discuss: Benefits and Challenges of Self-Serve BI!

Attention Software Companies: Embed BI Analytics and Win!

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June 28, 2022

Why Spend Time and Money Developing BI? Embed BI in Your Software Product!

The research and technology consulting firm, Gartner predicts that ‘By 2023, overall analytics adoption will increase from 35% to 50%, driven by vertical and domain-specific augmented analytics solutions.’ Whether your software business produces solutions or modules for a vertical market, a specific industry or a government or public service market, building an analytical solution to serve your clients or partners is an expensive, complicated proposition and one that will require significant funding and skilled resources.

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Embedded BI Can Encourage Data Literacy!

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June 22, 2022

Technology research and consulting firm, Gartner, predicts that, ‘By 2023, 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.’

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