Self-Serve KPIs Allow Teams to Manage and Adapt!

BI Tools with Self-Serve Multidimensional KPIs Enable Agility and Accuracy!

Gartner research reveals that, ‘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.’ When  businesses adopt and embrace business intelligence and augmented analytics, the expectation is that the enterprise will benefit by improving data literacy as well as productivity.

But if your business wants to make the most out of BI tools and augmented analytics, it is important to choose the right solution; one that is easy to use and will provide clear results – results business users can leverage to make decisions and to plan accurately. To understand the results and whether policies, processes and tasks are effective, your organization must establish metrics, and those metrics must also be clear.

‘Key Performance Indicators (KPIs) are crucial to this feature set, as they provide critical metrics that enable the business to discover and manage results objectively and to adapt and change quickly and effectively.’

A solution that provides easy-to-use, multidimensional key performance indicators (KPIs) will allow your team to establish metrics that are unique to your needs and to your industry and market and help the enterprise understand how the business measures up in the competitive market, how well the products and services are faring with customers and whether workflow and business processes are having the desired effect.

Multidimensional KPIs Provide Easy-to-Use, Objective Metrics

Benefits of Self-Serve, Multidimensional Key Performance Indicators (KPIs)

  • When the organization gives business users the tools to establish and manage KPIs, it can become more productive. There is no waiting for the IT team or a data scientist to produce important reports, so the team can be agile and flexible.
  • Interactive KPIs provide tools to gather, analyze and measure with breakdown and dynamic frequency and slice and dice so users can focus on critical metrics and gain true insight into results. Users can leverage a powerful expression engine to set polarity, frequency and threshold levels in a browser-based interface and go beyond static monitoring to change frequencies, and dimension breakdowns and gain an understanding of performance and issues.
  • Users can establish and monitor KPIs at the individual, team, department, division, and company level and KPIs are integrated with other features to further analyze trends. Multidimensional KPIs gives business users the opportunity to monitor and manage results against goals and objectives and change processes, tasks, and activities as and when change is required.

‘When your business chooses a BI tool, it is important to choose the right solution; one that is easy to use and will provide clear results – results business users can leverage to make decisions and to plan accurately.’

If your business wishes to improve data literacy and productivity by implementing or upgrading a Business Intelligence or Augmented Analytics solution, it is imperative that you review the available modules, tools and features to ensure that the solution provides easy-to-use, sophisticated functionality that is suitable for your business users. Key Performance Indicators (KPIs) are crucial to this feature set, as they provide critical metrics that enable the business to discover and manage results objectively and to adapt and change quickly and effectively.

Choose a  Business Intelligence Reporting Solution that include Multi-Dimensional Key Performance Indicators (KPIs). Provide business intelligence that your IT team can easily implement and support, and a solution that business users will want to adopt. Choose  flexible, agile business intelligence solutions that can be used at all levels to collaborate, share data, and report and communicate with clarity. Self-Serve BI Tools can provide your business with the foundation to achieve your data democratization and user adoption goals.

Original Post : Multidimensional KPIs Provide Easy-to-Use, Objective Metrics!

Mobile Business Intelligence is Your Secret Weapon!

Give Business Users Mobile BI to Extend the Office and Improve Responsiveness!

Change is ever-present, and no more so than in the past three or four years. As COVID has changed the way people work, and the location in which they do their work, the need for mobile BI Tools has grown exponentially. Neither the organization, nor the business users can afford to delay the use of business intelligence tools until they are in the office. Every business must do more with less.

‘Mobile BI 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.’

Mobile BI tools can provide support for team members as they travel, as they work from home, and as they collaborate with other team members from a client office, an airport, a train station, or a supplier location.

According to recent studies, the single most important benefit of Mobile Business Intelligence is enhanced data visibility. Another way to look at it is to consider the lost opportunities and the many missteps the organization will experience if it cannot make sense of its data in real time and with a comprehensive view into the data it captures across the enterprise.

Enable User Adoption with Self-Serve BI and Cross-Tab Analytics

Don’t try to dictate the type of device, the size of the screen or the resolution. Be sure you choose a mobile BI solution that will satisfy all manner of devices. Choose a user interface (UI) that is responsive and adaptive – one that provides self-serve tools without redesign or restructuring of dashboards for specific devices or screens. You can enhance total cost of ownership (TCO) and improve return on investment (ROI) with tools that are flexible and can be easily used in any environment.

Empower your users with integrated business intelligence tools that provide access to data in an interactive, personalized view and enable data sharing, identification of trends and patterns and user empowerment and accountability. Out-of-the-box mobile BI tools should support your users with tools that make it easier to understand data analytics and use data for reporting, presentation and collaboration with personalized dashboards and reporting and flexible graphs and charts.

‘Be sure you choose a mobile BI solution that will satisfy all manner of devices.’

The right mobile business intelligence solution should allow your users to get started right away without extensive training and at a reasonable cost. It should enable integration of data across disparate data sources so users have access to all the data they need to get a complete and comprehensive picture of business results, the root cause of problems and the opportunities that will provide unique competitive advantage to the organization.

Comprehensive BI Tools and Mobile BI 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 : Mobile BI Expands the Reach and the Benefits of BI Tools!

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

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!

Embedded BI and Augmented Analytics Support ISV Partner Clients!

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?

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!

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

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!

Users Love Self-Serve BI and Cross-Tab Analytics!

Ensure Business Users Will Adopt BI Tools with Self-Serve BI and Cross-Tab Analytics!

Gartner has predicted that, ‘90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.’ Establishing the strategy is one thing, but getting business users to adopt an analytics and information-based business workflow is quite another.

‘Modern business intelligence tools that are designed with self-serve features makes it easy enough for every user (no matter their technical skill) to leverage analytics to report, share and collaborate.’

When it comes to teams, there are two things that are always true: 1) they learn a process and workflow and rarely want to change that familiar process and 2) they are always suspicious of ‘new’ initiatives and nearly always believe that these new initiatives will result in more work for them. There is a reason your team resists new processes and initiatives and that reason is simple. Usually, their fears are warranted!

So, if you want to engender support for new analytics initiatives and engage a business community in fact-based, action-oriented initiatives, you need to plan this new initiative with your users in mind.

In this article, we focus on two of the primary components of a new business user analytics initiative.

Enable User Adoption with Self-Serve BI and Cross-Tab Analytics

Self-Serve BI Tools

Modern business intelligence tools that are designed with self-serve features like smart data visualization, self-serve data preparation and assisted predictive modeling make it easy enough for every user (no matter their technical skill) to leverage analytics to report, share and collaborate. By adding value to the user’s everyday tasks and reducing the rework and issues they will confront, you can encourage your users to adopt analytics initiatives.

  • Any promotion of analytics strategy must clearly illustrate business use cases and benefits of these tools.
  • Support a more productive, streamlined environment that will allow them to do more with less and get the job done quickly.
  • Ensure that business users can collaborate and share and grow their own expertise and visibility.
  • Provide measurable results and information to make recommendations and support those recommendations.

Cross-Tab Analytics Capabilities

Those self-serve tools should include reporting and graphical tools that are clear and concise. Business users don’t want tools that produce complex reports filled with columns and mind-numbing numbers that do not help them reach a decision or illustrate an issue. Cross-tab analytics have been around for some time but the new, improved versions of this capability provides real insight into data in a way that is clear for every user. Sophisticated functionality is underpinned with easy-to-use tools so users can analyze the relationship between or among two or more variables and summarize data in rows and columns making it easy to understand the relationships and intersection of the various types of data. Understanding relationships in data is crucial to identifying the root cause of a problem or to targeting an issue or identifying a business opportunity. Your team members can work with multi-dimensional data and perform ad-hoc queries to gain a clear view of performance, dive into your data, and find and understand the data they need quickly and intuitively. Cross-tab analysis simplifies complex data operations, summary operations, time series functions, filters and custom column expressions and enables business users with simple tools they can really use.

‘If you want to engender support for new analytics initiatives and engage a business community in fact-based, action-oriented initiatives, you need to plan this new initiative with your users in mind.’

Business Intelligence tools can 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 : Enable User Adoption with Self-Serve BI and Cross-Tab Analytics!

Can Democratizing BI Use Help My Team?

Why is Business Intelligence Democratization Important for My Business?

Gartner research reveals that, ‘80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance.’

If you are considering democratizing business intelligence gathering and analytics, you are not alone! Businesses today face more competition from local and global markets and every team member must work quickly and accurately in support of goals and objectives if the enterprise is to achieve its goals.

‘When senior executives and managers have reliable information and dependable recommendations and suggestions, they can improve performance and accuracy in forecasting, planning and demand.’

In this article, we discuss a few of the reasons a business should consider democratizing business intelligence and analytics within its team and how this type of initiative can be implemented to help your enterprise succeed.

Should I Democratize Business Intelligence in My Business?

Working Smarter

When you provide BI tools to your business users, you democratize data and begin to build a better understanding of the root cause of problems, the opportunities the business can leverage and the way forward to solving problems and creating business success. Team members can work smarter, with quick, concise access, and insight into data via self-serve solutions that streamline and simplify the typically complex analytical process and allow every team member to perform the analysis and, more importantly, to understand what the results are telling them.

Focusing on Core Responsibilities

When you democratize business intelligence and analytics with augmented analytics tools, IT team members, data scientists and business analysts can focus on strategic goals and on initiatives where data must be 100% accurate. Team members can use BI tools on a daily basis to test theories and gather and analyze information to support activities and tasks, collaborate with others and move forward, so EVERYONE can focus on their own roles and core responsibilities.

Supporting the Greater Good

When senior executives and managers have reliable information and dependable recommendations and suggestions, they can improve performance and accuracy in forecasting, planning and demand. Team leaders, business unit managers and others can realize long-term benefits and count on the fact that all team members are working with the right information, that information and analysis is based on current, integrated data and on measurable results. The organization can shift to a results-based environment where problems are analyzed and resolved and opportunities are leveraged to the greatest extent possible, so the enterprise can create an environment of continuous improvement.

Creating a Common Language

When all team members are using business intelligence to test theories and hypothesize, to solve problems and get to the root of a problem, to identify those all-important ‘nuggets’ of information that make a competitive difference, managers and executives can feel confident that the team is speaking a common language and that every team members knows how to find a problem, how to explain that problem and how to dependable recommendations to solve that problem.

‘Businesses should consider democratizing business intelligence and analytics within teams to help the enterprise succeed.’

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 : Should I Democratize Business Intelligence in My Business?