Business Intelligence Articles
Self-service business intelligence may seem like a complex prospect to delve into, but this technology has been embraced widely by leading tech names in the industry. With the objective of providing simple and effective analytics services, many SaaS solutions are available, and can be customized to suit your individual business requirements.
In fact, self-service BI is so widespread that many applications offer it as a feature - but many of us are unbeknownst to it, and the fact that we may already be using it! If you are aware of the advantages it can bring to the workings of your business, you can be rest assured that investing in a fully-fledged self-service BI platform is going to be an investment that is worth every penny.
Business success often drives the need for more robust software solutions and tools to support the continued effectiveness, efficiency, and growth of your company. If your business depends upon large amounts of data, then a business growth spurt can quickly propel you to a place where you need a powerful, organized, comprehensive Business Intelligence (BI) system in place to protect, access, and manage all the data your company needs to function successfully each day.
In 2012, D.J. Patil and Thomas Davenport famously stated that being a “data scientist is the sexiest job of the 21st century.” Four years ago, that may have seemed like hyperbole. Today, it’s a readily accepted fact. Okay, maybe not the sexiest, but it’s definitely up there.
There are many factors to consider as you plan the purchase and integration of a Business Intelligence (BI) software solution for your business. You need to make sure the timing is perfect for your business size and budget, and also ensure that the BI solutions you consider will effectively meet your sensitive business data needs. Once you’ve zeroed in on how you want your data organized, managed, and stored, then it is time to consider which BI software will best serve your company.
Running a successful business with longevity and growing profits year after year takes serious devotion, creativity, and motivation. While these attributes of successful business growth are undeniable, there is also another factor of ongoing success that often goes overlooked or underutilized by businesses-continual analyzation of vital business data and reports.
Workforce mobility has increased exponentially, and while the rate of increase may slow somewhat, it will continue to grow. More organizations than ever have recognized the necessity of making timely information easily accessible to their mobile stakeholders.
Companies that experience ongoing success and long-term profitability typically have deep insight into the numbers and data that work to shape the future of their business. Historically, data mining and analysis have been complex IT endeavors that could only be accomplished through in-depth, and often quite manual, report building.