Are your business users trying their best to leverage advanced analytics tools, only to find that the software solution requires them to be an expert in data science? Do your users have to ask IT to professional analysts for data preparation assistance in order to ensure that they can access, prepare and use the data they need to analyze.
What is business intelligence? It is quite simple, really. Business intelligence is ‘intelligence’ about ‘business’. Having said that, we cannot really presume that ‘intelligence’ is simply data. Data on its own tells us little and can, at times, actually confuse the very issue you are trying to understand. In order to get to the heart of the business intelligence definition it is useful to consider that the word ‘intelligence’ as defined in the dictionary as ‘the ability to acquire and apply knowledge and skills’.
Today’s businesses depend on mobile solutions to make the most of resources, improve software ROI and productivity and keep business users informed while they are on the road, so they can make informed decisions and positively impact the bottom line. The Tally® ERP solution is a desktop application that is used by many businesses to manage accounting tasks and other financial related tasks.
Data discovery is not data management. If one is to make the right decisions in business, one must engage in data exploration and data profiling. In other words, one must gather, prepare and analyze data to truly understand how the business is working, what must change, what activities and tasks support the goals of the business, and what the business should anticipate in the future in terms of revenue, risk, resources, financial investment, growth, products, location and all other aspects of business.
There are many benefits to self-service business intelligence and business analytics. Many (in fact most) enterprises are going to a self service BI environment that will increase the value of each team member by providing them with easy-to-use BI tools that they can leverage to make decisions, to understanding issues, to share data and plan for the future and to find business opportunities.
If you want to include predictive analytics and forecasting in your planning process, there are numerous analytical techniques and algorithms at your disposal.
Your business is excited about the prospect of implementing a self-serve business intelligence solution! You have heard your colleagues talk about the benefits of data democratization, and you know your business users will take full advantage of BI reporting, social BI, and mobile BI, and that they understand the importance of business intelligence and analytics. You want all the advantages offered by a great business intelligence solution, the BI dashboard, KPI software, and all those useful Business Intelligence Tools
Whether we know it or not, we use Natural Language Processing every day. It makes it easier for us to interact with computers and software and allows us to perform complex searches and tasks without the help of a programmer, developer or analyst.
I won’t lie to you! The benefits of augmented analytics that includes self-serve data preparation for business users…well, those benefits are truly impressive! So, let’s cut to the chase. With self-serve data preparation tools, you can:
When your business begins the process of choosing or changing business intelligence tools and business intelligence services, it is easy to get confused! There are many choices in the market and not all of them are created equal. A business intelligence company offering solutions, features and functionality for advanced analytics must be suitable for your requirements or your initiative will not succeed.
