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?
Tag: Embedded BI with APIs
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.
The technology research and consulting firm, Gartner predicted that ‘By 2023, 60% of organizations will compose components from three or more analytics solutions to build business applications infused with analytics that connect insights to actions.’
A recent survey found that 93% of application teams report improvement in user experience as a result of embedded analytics, and 94% of teams report improved customer satisfaction with embedded analytics. The concept of embedded BI is simple. By leveraging APIs, the augmented analytics solution is embedded within familiar enterprise apps and made available to users via single sign-on so that the user can access favorite software solutions and applications to perform tasks and use the data contained there to analyze data and make decisions.
Business managers, owners and senior executives really want to do the right thing! The goal is always to improve the business, to hire the best staff and to satisfy customers and partners. To do that, the business must build a foundation of business processes, policies, technology and software that will support goals and objectives and make it easier, more timely and more efficient to perform tasks and complete activities.
Our Partner is a healthcare service provider in the United States providing a web-based, patient-centric, healthcare management solution and workflow solutions to increase operational efficiency and reduce costs for its hospitals and healthcare facility Clients. Since 1999, the Partner has provided services to the durable medical equipment and supply market with solutions that benefit many healthcare organizations and clinics in the U.S.
The trend toward analytics is growing globally. Even the smallest business is jumping on the bandwagon, and with good reason. With market changes, shifts in customer buying behavior and the need to spend wisely, businesses must make data-driven decisions if they are to be competitive and plan logically for growth.
