Today’s businesses and business users are more demanding than ever. No one has patience these days for tools, applications or products that offer no value or are frustrating or restrictive. So, when you hear the term ‘self-serve business intelligence’, you had better be sure you know whether the claim is valid before you choose a product.
Terms like Advanced Data Discovery and Augmented Analytics can seem mysterious and daunting for the average organization. Managers, executives and IT staff may believe that business users cannot and will not adopt advanced analytics tools because these tools can only be used by data scientists, programmers or business analysts.
The travel industry is very competitive! As the market and customer needs change, every business competing in the travel industry faces price wars, competitive promotional campaigns, travel safety and security issues, round the clock service availability and other complicated factors that affect business success.
Smart Data Visualization is a crucial component of augmented data discovery. This critical feature enables sophisticated analysis with guided visualization tools that auto-recommend displays and data views based on data type, volume, dimensions, patterns and nature of data.
Today’s retail market is more diverse and complex than ever before. Brick and mortar stores compete for revenue against global and online retailers. Perhaps the greatest challenge is to sustain profit margins in a market where profit margins are traditionally small and shrinking rapidly.
Hospitals and healthcare systems are turning to predictive analytics tools to plan and forecast and understand what, when and how to support patients.
Today’s modern BI solutions include Advanced Data Discovery tools in a self-serve environment that is easy enough for all business users. Every enterprise needs BI tools that can be used out-of-the-box. To meet the needs of the enterprise, your business users will need key performance indicator analytics (KPI software), and BI reporting software that is mobile and suitable for use on a desktop, laptop or smart phone.
Smart Data Visualization can radically improve your business intelligence, data discovery and analytics. It can streamline the work process of business users, improve the accuracy of planning and forecasting and ensure better, more timely, more accurate business decisions.
If your organization is planning to implement advanced analytics tools or to democratize the use of data discovery tools, your IT staff and senior management are probably concerned about losing control of data access and about data security. Data governance is a real concern and it should not be minimized but there is no reason to change course and decide against data democracy just to accommodate data governance.
Why would construction company need business intelligence? A more appropriate question is: why not? Constructions companies use a variety of software tools, from project management to computer aided design (CAD) systems, and while some of the solutions they utilize can provide reporting, there is really no good way to get business intelligence.
