The business value of business intelligence lies in its ability to improve the effectiveness of the organization’s core business processes that drive business performance.
Data Visualization
Data visualization has become the de facto standard for modern business intelligence (BI). Data visualization tools have been important in democratizing data and analytics and making data-driven insights available to users throughout an organization. They are typically easier to operate than traditional reporting or analysis BI software.
Data visualization software allows the user to select the best way of presenting the data, but, increasingly, software automates this step. Some tools automatically interpret the shape of the data and detect correlations between certain variables and then place these discoveries into the chart type that the software determines is optimal.
In Metrics View we believe that virtually all BI software has strong data visualization capabilities; however, it is more important to have a BI strategy properly aligned with the organization’s business strategy and objectives. To know how Metrics View can help you in this regard visit our services.
Dashboards & Reporting
If your requirements are more oriented to track the company performance across key performance indicators and visually interpret the results, implementing Dashboards is the right solution. Many business departments implement dashboards to track their own initiatives. In addition, Dashboards are well suited for executives, or business users, who due to their responsibilities don’t have the time to create their own visualizations or reports, instead they prefer to look at actionable dashboards to track company KPIs in virtually any type of device.
On the other hand, a reporting solution is ideal for business operations, in situations where questions are predefined and the structure of each answer is well known in advance. In this scenario, most of users are information consumers who want snapshots of business activity. It is common too that end users require interactive reports that allow them to ask iterative questions.
To know more about what solution suits better your business requirements contact us, we are happy to help.
Data Analysis
With advanced analysis functionality, users can view data across multiple classifications or dimensions, also it allows companies to define hierarchies and conduct drill down analysis starting by region, then state or province, and then specific cities within each province and region.
Data analytics implementations involve more than just analyzing data, much of the required work takes place upfront, in collecting, integrating and preparing data and then developing, testing and revising analytical models to ensure that they produce accurate results. In addition to data scientists and other data analysts, analytics teams often include data engineers, whose job is to help get data sets ready for analysis. Data from different source systems may need to be combined via data integration routines, transformed into a common format and loaded into an analytics system.
At Metrics View we have vast experience implementing this type of projects, visit our Data Management solutions or contact us to discuss your business requirements and let you know how we can help.