BI Tools and Augmented Analytics That Ensure User Adoption and ROI

Ensure ROI, TCO and User Adoption with the Right BI Tools

When a business sets out to implement BI tools or self-serve augmented analytics, it must consider the entire technology landscape of the business, the expectations of end-users, the cost of the solution, how easily it can be upgraded and integrated and, well…so much more!

 

‘To ensure user adoption and achieve the ROI and TCO the business deserves, take the time to do the work. Develop requirements, consider the features and functionality of a solution and compare those to your use cases and your user expectations.’

 

Management teams do not take kindly to poor Return on Investment (ROI ) or Total Cost of Ownership (TCO) and if the business has had difficult projects in the past, the next time a software solution is presented for approval, senior managers will remember the challenges and failures of the past!

 

Still, when you are attempting to transition business users into Citizen Data Scientists, there is bound to be some pushback from users and that pushback, combined with senior management concerns can and WILL bring your project to its knees if you do not anticipate and address these concerns.

 

Here are some statistics that will help you to understand the issues faced by businesses in implementing BI tools and analytics:
  • The global BI adoption rate is 26%
  • On average, businesses use at least four different BI tools
  • 97% of the data gathered by businesses is not used
  • 74% of employees express dissatisfaction and are overwhelmed when working with business data

 

In order to assure successful deployment, user adoption, improved Return on Investment (ROI) and Total Cost of Ownership (TCO), the business should include detailed requirements in its solution selection. When choosing a BI tool and augmented analytics solution for your business, one of the most crucial concerns is the features and functionality of the prospective solution and how this solution will meet user and organizational needs. When planning for deployment of BI tools and augmented analytics, the business should take the time to work through a process, ensuring that it has considered what users need and want to ensure user adoption and the ease-of-use and features the solution will provide.
To Achieve User Adoption, ROI and TCO Goals, Select the RIGHT BI Tools and Augmented Analytics
It is important to remember that there are also specific features a business should consider, like embedded BI and easy-to-employ Integration APIs, that will assure user adoption and appropriate ROI and TCO. These considerations will affect how well the solution is received, whether users will adopt it and be satisfied with the selection, and how the investment will perform when considering total cost of ownership (TCO) and return on investment (ROI) when compared to other possible uses of the same investment funding.

 

With this foundation of documented features, services, skills and capabilities, the business can implement, manage, upgrade and support Business Intelligence and Augmented Analytics capacity and growth within the organization.

 

‘When you are attempting to transition business users into Citizen Data Scientists, there is bound to be some pushback from users and that pushback, combined with senior management concerns can and WILL bring your project to its knees if you do not anticipate and address these concerns.’

 

To ensure user adoption and achieve the ROI and TCO the business deserves, take the time to do the work. Develop requirements, consider the features and functionality of a solution and compare those to your use cases and your user expectations. INVOLVE your users and middle managers in planning to understand how and when to deploy the tools and how to support your business users as you transition them into Citizen Data Scientists.

 

To find out more about how to ensure Return on Investment (ROI) and Total Cost of Ownership (TCO) results, and enable user adoption, read our free White Paper, ‘A Roadmap To ROI And User Adoption Of Augmented Analytics And BI.’ To find out more about our Augmented Analytics And BI ToolsContact Us. Keep pace with changing enterprise needs and support business agility. Let us help you realize your business goals and objectives with fact-based information, and flexible, scalable technology solutions that will support Citizen Data Scientist initiatives, and improved data literacy and data democratization.

 

Original Post : BI Tools and Augmented Analytics That Ensure User Adoption and ROI!

Enable User Adoption of BI Tools with Embedded BI

Embedded BI Assures User Adoption of Analytics

When a business sets out to initiate data democratization and improve data literacy, it must choose the right approach to business intelligence and select an augmented analytics product that is self-serve, intuitive, easy to implement and easy for business users to embrace. Transitioning business users into the role of a Citizen Data Scientist can be challenging.

 

‘If the organization wishes to convince its business users of the importance of data analytics and fact-based decision-making, it must provide tools that are intuitive, easy-to-use and can be established within the parameters of the user’s day-to-day tasks as an integrated part of their workflow.’

 

To ensure user adoption of BI tools, optimize return on investment (ROI) and total cost of ownership (TCO) and successfully deploy business intelligence and augmented analytics, businesses often choose Embedded BI.

 

Gartner defines embedded analytics in this way: ‘Embedded analytics is a digital workplace capability where data analysis occurs within a user’s natural workflow, without the need to toggle to another application.’

If Your Business is Considering BI and Augmented Analytics, Embedded BI Will Enable User Adoption

Embedded BI solutions differ from the typical business intelligence solution in a number of ways. Here are just a few examples:

User Experience (Ux) – In the traditional BI environment, business users must learn a new solution and interface and may be required to among other solutions and software products to use that data within the BI tool. Users with average or poor technical skills are not likely to adopt a solution that requires additional training and multiple steps to accomplish a task. In the Embedded BI environment, analytics is accessible from within a familiar enterprise solution using a single sign-on and tools that are intuitive, so the user can quickly find information and analyze it all in one place.

User Adoption – In a traditional BI environment, users must invest time to learn a new BI tool and work within data silos to try to analyze information and share that information with others. Embedded BI allows users to leverage analytics within the natural flow of their daily tasks and easily share that data with other users, so the team and the individual user adoption is supported.

Integrated Workflow – Business team members are busy, and they are often scrambling to complete tasks on time and to make decisions, create presentations and move on to the next thing. Traditional BI tools require users to interrupt their workflow, and use multiple enterprise solutions to gather and analyze data within the BI environment, so the analytics process is cumbersome and inefficient. Embedded BI allows users to work in an integrated environment, gain data insight and make relevant data-driven decisions without delay or frustration.

 

‘Embedded analytics is a digital workplace capability where data analysis occurs within a user’s natural workflow, without the need to toggle to another application.’

 

In a business environment that is more competitive than ever before, team members must have the tools they need to perform tasks and complete activities dependably, and to have a firm grasp on the solutions and tools they use without spending a lot of time in training, or in gathering and preparing data to gain insight into challenges, issues, opportunities or trends that affect business success. If the organization wishes to convince its business users of the importance of data analytics and fact-based decision-making, it must provide tools that are intuitive, easy-to-use and can be established within the parameters of the user’s day-to-day tasks as an integrated part of their workflow. This approach to BI and analytics will ensure user adoption.

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 : Enable User Adoption of BI Tools with Embedded BI!

ISV and OEM: Embedded BI for your Enterprise App customers!

Improve the Value of OEM and ISV Offerings with Embedded BI

If you read industry publications and stay up to date on business technology, you are no doubt aware of embedded business intelligence (BI), but you may be wondering how this approach can help your ISV products business thrive.

A Mordor Intelligence study found that, ‘… the growing requirement for embedded analytics software will boost productivity, save operating expenses, and save time when reviewing data.’

According to a study on Embedded Analytics:

68% of commercial application teams say they charge more for the analytics in their applications.
85% of commercial applications are currently embedding analytics capabilities and
91% of application teams say embedded analytics helps them increase end-user adoption.

An Embedded BI Solution Adds Value to Your B2B SaaS or Enterprise Apps Customers

So, you may be asking yourself, is it worth investing in the integration of an analytics solution to expand your software product offerings and provide a market edge? Is there value for your users? The answer to these questions is a resounding ‘yes.’

In this article, we look at the value of embedded BI for ISV and OEM environments and how the technology (and the delivery model you choose) can support your business and add value to your product and service offerings.

‘Embedded BI allows your enterprise apps business to keep pace with changing end user enterprise needs and support business agility by offering new features and functionality for your business clients and users.’

Embedded analytics makes analytics easier for the business user by bringing it closer to the user within a familiar or popular application or database environment and incorporating dashboards, graphs, charts, visualization to clarify results and make it easier for users to make decisions. By adding this capability to your software solution, app or product, you can provide more value without adding more resources to your team, without acquiring analytical skills within your IT environment, and without spending the time and money to develop a sophisticated analytical product.

As an OEM or ISV business, you can reap the value of Embedded BI and analytics to your users and clients.

  • Embed advanced analytics without significant investment
  • Get started in less than a month
  • Avoid the cost of adding analytics experts to your team
  • Generate additional revenue stream for your business
  • Add value to your solution and create competitive advantage in your markets
  • Provide clear business benefits of advanced analytics to your users

If you want a fast start-up, and a low-profile, light technology implementation, your ISV or OEM business can offer clients advanced analytics with a suite of natural language processing (NLP) search capabilities and Smart Data Visualization, Self-Serve Data Preparation, Assisted Predictive Modeling, Anomaly Alerts and other tools to provide a foundation for a self-serve, Citizen Data Scientist environment that requires no SQL or data science expertise. This accessible solution provides integrated reporting, dashboards and predictive modeling insights. Embedded BI can add a valuable component to existing software offerings and allow customer businesses to enjoy sophisticated features and functionality without costly physical implementation or time-consuming deployment.

‘So, you may be asking yourself, is it worth investing in the integration of an analytics solution to expand your software product offerings and provide a market edge? Is there value for your users? The answer to these questions is a resounding ‘yes.’’

By integrating business intelligence (BI) and augmented analytics within your Software-as-a-Service (SaaS) or Enterprise App, you can provide a seamless user experience to clients. By choosing the right Embedded BI solution, you provide valuable analytical tools to your clients so they can enjoy access to data sources and data warehouses with single tenant or multi-tenant modes, and flexible deployment via a public or private cloud (no environment dependency) or on-premise installations. Single sign-on (SSO) access provides security protocols and links with existing portals and applications. Users have access to embedded BI objects within the applications using integration APIs. SDKs support business frameworks and technology so you can use existing .NET, ASP.NET, PHP, MVC, .NET Core, Vue, Angular, React, Java and other frameworks and technologies in web applications or mobile apps and integrate advanced analytics components directly from within your app.

To find out more about Embedded BI Technology and delivery options for your B2B enterprise, Contact Us. Keep pace with changing enterprise needs and support business agility. Let us help you realize your business goals and objectives with fact-based information, and flexible, scalable technology solutions that will support Citizen Data Scientist initiatives, and improved data literacy and data democratization.

The Brave New World of Embedded BI and Embedded Analytics!

Embedded BI: The New Secret Weapon

Your business users probably have their favorite legacy systems, best-of-breed solutions, and business apps. When your IT and management team introduce a new software application, it can often be seen as a nuisance or, at best, a tool whose day-to-day workflow value is not offset by the task of learning how to navigate the software.

Embedded BI is gaining in popularity, simply because it adds so much value to the organization and, with proper planning, it will also add immeasurable value to your team members.

‘With Embedded BI, users can achieve clear insight into data and improve the quality of decisions, present data in a clear fashion and achieve faster, more reliable results.’

Based on a recent survey, 49% of companies have increased their utilization of business intelligence analytics compared to pre-pandemic levels. That is an impressive statistic but it does not reflect the probability of user adoption and, without user adoption, the BI tools will reap very low return on investment (ROI).

Embedded BI Improves User Adoption AND Enterprise Market Targeting

In order to achieve the maximum value, the enterprise must choose a business intelligence and augmented analytics tool that is easy for users to embrace – one that provides clear visualization and results so users can present data, share data and understand results In a way that is meaningful to their role. With the right embedded BI tools, the organization can embed analytics within its most popular enterprise apps so users can make data-driven decisions.

The Embedded BI approach lends itself well to many business functions, i.e., inventory demand planning, customer relationship management (CRM), enterprise resource planning (ERP) systems, and many other functions. Industries like healthcare, research, financial services and others can leverage embedded BI to identify trends, patterns, issues and opportunities without the help of a programmer or IT specialist. The enterprise can embed analytics to improve the products and services they offer their customers. HR departments can identify demographics, workforce requirements, training needs, and more.

Business User Benefits

  • Users can see, gather and analyze data working within a single sign-on environment, eliminating the frustration of system silos and data migration.
  • Team members will be more productive, and the enterprise can improve workflow and make the users more efficient by saving time and eliminating redundancies and delays.
  • Users can achieve clear insight into data and improve the quality of decisions, present data in a clear fashion and achieve faster, more reliable results.

Enterprise Benefits

  • The business can optimize its staff and team by using their time more efficiently.
  • The organization can establish and use visualization formats and techniques that provide real value to the management team and the staff.
  • The enterprise can leverage tools to query data across various types of data sources, and to encourage collaboration.
  • With the right embedded BI and analytics solution, the organization can ensure mobile access to data, improve business processes using cutting-edge artificial intelligence (AI), and ensure appropriate security and user-friendly tools that will encourage user adoption and improve return on investment (ROI) and total cost of ownership (TCO).

Embedded BI is gaining in popularity, simply because it adds so much value to the organization and, with proper planning, it will also add immeasurable value to your team members.

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.’

Embedded BI Simplifies Business User Analytics!

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?

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:

Embed BI Within Your Enterprise Apps and Enjoy User Adoption!

If You Want Your Users to Adopt BI Tools, Embedded BI is the Way to Go!

If you are considering a business intelligence or augmented analytics solution for your business users, or if you have already invested in these tools, you will want to focus on user adoption and, to meet the expectations of your executive team and IT staff, you must ensure return on investment (ROI) and a low total cost of ownership (TCO). But user adoption is often difficult to achieve. Users are familiar with their existing tools and solutions and workflow, and humans are notoriously resistant to change!

The key to achieving your goals for user adoption, ROI and TCO is to pursue an embedded business intelligence (BI) strategy. If your team needs convincing, here are just a few statistics and results reported by organizations currently using the Embedded BI approach to analytics.

  • 67% of companies say that time spent in their applications increased after they embedded analytics
  • 85% of commercial applications are currently embedding analytics capabilities
  • 93% of application teams say that embedded analytics improves the user experience
  • 96% of application teams say embedded analytics contributes to overall revenue growth
  • …and if you are a technology company, currently selling an app, you might wish to consider the fact that 68% of commercial application teams charge more for analytics in their apps!

‘Integrating embedded analytics and BI tools within a familiar enterprise application allows users a single sign-on (SSO) experience, and puts analytical tools right at their fingertips, within their familiar applications.’

The undeniable fact is that your business users know their enterprise apps. They are familiar with the workflow and the features and the processes, and they know where to find information and how to use it within these familiar applications. They DO NOT want to use a silo application that requires them to move data around to get it into an analytical solution and then use that solution to analyze data and results, and they DEFNITELY DO NOT want to learn a complex new analytical system. So, user adoption will suffer, if you take that approach!

Can Embedded BI Improve User Adoption of Augmented Analytics?

Integrating embedded analytics and BI tools within a familiar enterprise application allows users a single sign-on (SSO) experience, and puts analytical tools right at their fingertips, within their familiar applications. If the tools are easy-to-use, your business users do not need specialized skills to successfully analyze and use data, so they can quickly and easily make fact-based decisions, and support your enterprise goals and objectives.

Here are some real benefits you can reap from using embedded BI tools:

End User Organizations – Internal IT teams can easily integrate and embed BI objects within their ERP, CRM, Intranet portal or other applications, to improve user adoption and maximize Business Intelligence ROI.

ISV and OEM Partners – Leverage Embedded BI and Integration APIs to add powerful functionality and provide access to existing ERP, SCM, HRMS, CRM or any other products and to provide analytics capabilities within existing products without major Investment. Reduce time to market and stay ahead in the competition!

‘The key to achieving your goals for user adoption, ROI and TCO is to pursue an embedded business intelligence (BI) strategy.’

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.’

Embedded BI Can Improve Customer Service!

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.

Embedded BI Ensures User Adoption!

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:

Embedded BI Provides Insight Into Enterprise Data!

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.