When a business wants to roll out advanced analytics to its business users, it must consider the average skill level and understanding of analytical techniques and ensure that the solution it chooses will support its project goals. One of the most important factors of business user analytics is user-friendly, simple analytics in an augmented analytics environment.
Why would anyone want or need to use predictive analytics? What good is forecasting anyway? Doesn’t it always end up being wrong? Well, no! That’s why wise businesses use these techniques to plan and forecast and to understand how a change they are considering might impact their business success. Nearly every organization today is using analytics to improve productivity, competitive positioning, market presence, financial investment strategies, price point planning, risk mitigation and many other business factors.
Today’s modern BI solutions include Advanced Data Discovery tools in a self-serve environment that is easy enough for all business users. Every enterprise needs BI tools that can be used out-of-the-box. To meet the needs of the enterprise, your business users will need key performance indicator analytics (KPI software), and BI reporting software that is mobile and suitable for use on a desktop, laptop or smart phone.
